Natural Gas Services Group, Inc. Announces Appointment of Micah Foster as Corporate Secretary
May 11, 2021 at 08:00 am EDT
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Natural Gas Services Group, Inc. announced that Micah C. Foster has been appointed as Corporate Secretary. Mr. Foster has over 17 years of professional experience in the energy industry and public accounting. Prior to joining the Company Mr. Foster served as the Chief Accounting Officer of Legacy Reserves Inc. and its predecessor Legacy Reserves LP, a publicly traded oil and natural gas company, from April 2012 until April 2020. Prior to his appointment as Chief Accounting Officer in April 2012, Mr. Foster served in various roles for Legacy ranging from Financial Accountant to Corporate Controller. Prior to joining Legacy, Mr. Foster worked as staff auditor and then senior auditor at Ernst & Young, LLP from July 2003 to January 2006. Mr. Foster holds a BBA in Accounting and Finance from Abilene Christian University and is a Certified Public Accountant. Legacy Reserves Inc. filed for protection under Chapter 11 of the federal bankruptcy code in July, 2019 and emerged from bankruptcy in December 2019. Mr. Foster takes the place of G. Larry Lawrence who has served as Interim Chief Financial Officer since January after returning to the Company from retirement.
Natural Gas Services Group, Inc. is a provider of gas compression equipment, technology and services to the energy industry. The Company manufactures, fabricates, rents, sells and maintains natural gas compressors for oil and natural gas production and plant facilities. It manufactures a line of compressor frames, cylinders, and parts, known as its Cylinder-in-Plane (CiP) product line. It uses finished CiP component products in the fabrication of compressor units for sale or rental by the Company or sells the finished component products to other compressor fabricators. It holds a limited inventory of flare stacks and related ignition and control devices for onshore and offshore incineration of gas compounds such as hydrogen sulfide, carbon dioxide, natural gas and liquefied petroleum gases. To provide customer support for its compressor and flare sales businesses, the Company stocks varying levels of replacement parts at its Midland, Texas facility and at field service locations.