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Natural Gas Services names Stephen C. Taylor President and CEO

Posted: 24 January 2005

Natural Gas Services Group, Inc, a leading equipment and services provider to the oil and natural gas industry, announced Stephen C. Taylor joined the Company on January 20, 2005 as President and Chief Executive Officer.

Mr. Wallace Sparkman, interim President and CEO for the past nine months, was elected Chairman of the Board of Directors and will focus his day-to-day activities on new business.

Mr. Taylor, 51, was most recently the US General Manager of Trican Production Services, Houston, Texas. Previously he was Senior Vice President and Chief Operating Officer of Enventure Global Technology, Houston, Texas and spent 24 years with Halliburton Company in various management positions.

Mr. Taylor has a Bachelor of Science in Mechanical Engineering from Texas Tech University and a Master of Business Administration from the University of Texas at Austin, Texas.

“We are very pleased Steve will be President and CEO of Natural Gas. He is a perfect fit for our Company at this stage of our growth," said Mr Sparkman. "Steve brings a strong record of senior level strategic and tactical planning and execution experience. He has extensive gas compression experience in technical and managerial positions. He understands and values the client relationship and has been innovative in creating recognized field service and value-added services to customers. We are extremely enthusiastic about the experience, focus and commitment he brings to Natural Gas Services Group."

Mr. Taylor said, "I am excited about this unique opportunity. Natural Gas Services is a wonderful company in a dynamic business sector in a time period that couldn’t be better. I look forward to overseeing and growing the Company’s operations and I am excited about bringing my energy background and management experience to assist NGS in executing its strategic vision and increasing shareholder value.”

About Natural Gas Services Group
NGS manufactures, fabricates, sells, leases and services natural gas compressors that enhance the production of oil and gas wells. The Company also manufactures and sells flare systems and flare ignition systems for plant and production facilities.

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