Antonio Campo Joins Integra Group as Chief Executive Officer

Wednesday, August 26, 2009      

Integra Group, a leading independent provider of onshore oilfield services announces that Antonio Campo, a veteran oilfield services executive who spent 28 years at Schlumberger, has been named Chief Executive Officer of Integra Group, effective September 1, 2009. A transition period is expected to extend at least through December 31, 2009.

Mr. Campo recently held global and emerging market senior management positions at Schlumberger, including:
• President, Europe, Africa and CIS Oilfield Services;
• President, Worldwide Integrated Project Management;
• President, Latin America Oilfield Services

Felix Lubashevsky, Integra's President and CEO since 2005, will continue as President of Integra Group focusing on strategic business development and a number of long-term projects. Mr. Lubashevsky will also continue to serve on the Board of Directors of Integra Group and will remain the Group's largest single shareholder.

Commenting on the addition of Mr. Campo to Integra's executive team, John Fitzgibbons, Chairman of the Integra Group Board of Directors, said:
“We are thrilled to announce the appointment of such a capable and experienced industry executive as Antonio Campo to lead the next chapter of Integra's development. Following on the unique entrepreneurial talents of Felix Lubashevsky, Antonio now has the opportunity to apply his deep industry experiences to one of the most strategically attractive growth platforms in the oilfield services industry. The Board of Directors is firmly behind Antonio and ready to provide him all the support he requires as he transforms Integra.”

Felix Lubashevsky stated:
“Integra is extremely fortunate to gain the executive experience of Antonio Campo, a highly seasoned international manager who will bring to our organization the invaluable expertise of running a diversified oilfield services business in multiple emerging markets. Appointment of a business leader of such caliber is a truly unprecedented event for the Russian oilfield services market and should come as a great benefit to our stakeholders, customers and employees. In a relatively short time Integra has evolved from being a young startup company to one of the leading players in the CIS market. The consolidation and integration stages of our development are now complete and going forward our focus will be the quality and efficiency of our services – a task for which Antonio's experience is critical.Our stakeholders and customers can look forward to a seamless transition into this new governance structure. For the past four years, I have poured all of my energies into this great company, and I will keep contributing to its success for years to come in my capacity as President and Director of Integra Group while also remaining a material shareholder.”

Antonio Campo, CEO-elect of Integra Group, stated:
“Integra is a company that is extraordinarily well-positioned for growth. In one of the most attractive global markets for oilfield services, it has a solid asset base, strong customer relationships, and enormously talented employees. It has accomplished a great deal in its relatively short history and I look forward to leading it to the next level of development. This company and the industry have faced extreme challenges over the last year, but I believe there is now a unique opportunity to create value for our shareholders and new possibilities for our customers, partners and employees. I am very excited to have the opportunity to play a key role in unlocking that value.”

Biography of Antonio Campo:
Antonio Campo, 51, has spent 28 years at Schlumberger in a multitude of senior management positions in different parts of the world. Since 2006, Antonio Campo has been the President, Latin America Oilfield Services responsible for the overall performance of Schlumberger's 10,000 employee business in the region. From 2003 to 2006, Mr. Campo was the President, Europe, Africa and CIS Oilfield Services managing the business of 14,000 employees. In this role he was actively involved in Schlumberger's development in Russia. From 2000 to 2003, he was the President of Schlumberger's Integrated Project Management business responsible for the worldwide operations in this service line. From 1999-2000, Mr. Campo help a position of Director of Personnel for the Reservoir Management Group in Houston, Texas. From 1997-1999, Antonio was the Vice President Oilfield Services Latin America South managing a full range of services in the region. In his career prior to 1997, Mr. Campo held a number of senior management and technical positions in Schlumberger's wireline business. Mr. Campo has extensive international experience having worked in Argentina, Brazil, Bolivia, Canada, Colombia, France, Great Britain, Italy, Venezuela, USA In 1980 Antonio Campo graduated from Pontificia Universidad Javeriana in Bogota, Colombia with a BSc degree (honors) in Electronic Engineering.

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This article is for information and discussion purposes only and does not form a recommendation to invest or otherwise. The value of an investment may fall. The investments referred to in this article may not be suitable for all investors, and if in doubt, an investor should seek advice from a qualified investment adviser. More

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