Schramm Appoints Energy Industry Veteran Bobby Bryan to the Newly Created Position of Chief Operating Officer

Strong Momentum for Advanced Modern Land Rigs Increases the Pace of Operational Demands on the Company

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Jul 28, 2014, 01:01 ET

WEST CHESTER, Pa., July 28, 2014 /PRNewswire/ -- Schramm, Inc., a world class manufacturer of mobile, land-based hydraulic drill rigs used extensively in the global energy industry, announced today that industry veteran Bobby Bryan has been appointed to the newly created position of Chief Operating Officer (COO) based in West Chester, PA. The position was created to manage the increasingly rapid pace of operational demands on the company as momentum for its innovative and advanced drill rigs continue worldwide.

Mr. Bryan brings decades of oilfield equipment and services experience to the position which he gained through a 20-year career at National Oilwell Varco (NOV). While there he served in a variety of capacities worldwide, most recently as Vice President of Business Development of NOV's Land Rig Solutions division. Other career highlights at NOV include serving as Director of Operations and Sales for Russia and its Commonwealth of Independent States while residing in Moscow. He also served as Director of International Sales and Operations for NOV Mission Products, where he was responsible for developing distribution channels in Latin America, Asia and the Middle East. His career at NOV began in 1993 and throughout his tenure Mr. Bryan has held a variety of positions from mechanic and service technician to sales manager and director.

"With Bobby's established track record in delivering best-in-class operating performance in large multi-service land locations and demonstrable success in new technology introductions and large contract acquisitions, we believe he will be a tremendous asset to our strategy for growth," said Ed Breiner, President and CEO of Schramm, "As innovation continues to extend the shale boom here at home and abroad, demand for advanced modern rigs and technologies are at an all-time high. We welcome Bobby to this pivotal position and look forward to a long and mutually beneficial relationship."

Effective immediately Mr. Bryan will assume responsibility over operations, engineering, aftermarket and sales and will report to Mr. Breiner.

"With its world-class innovations and cutting-edge technologies in Telemast drilling systems, Schramm has proven its products to be a true differentiator in shale pad drilling. It's great to be joining Schramm at such an important inflection point for this industry and the company," said Mr. Bryan. "I'm honored to be a part of this company, with its more than 110-year history of American manufacturing excellence, and to play a role in its next phase of innovation and market leadership within the oil and gas industry."

About Schramm,Inc.

With more than a century of experience, Schramm is a world-class manufacturer of mobile, land-based hydraulic drill rigs used extensively in the energy, mineral exploration, geothermal and water well sectors in more than 80 countries. Schramm leverages "Made in USA" quality with industry-leading technology to find faster, safer and more efficient ways to unlock the world's vast energy resources and recently introduced the T500XD—the world's first Telemast drill rig specifically designed to handle the unique challenges presented by shale pad drilling.

www.schramminc.com

SOURCE Schramm, Inc.