KOIL Energy Announces Changes to Its Finance Team

KOIL Energy Solutions, Inc. (OTCQB: KLNG), a leading energy services company offering subsea equipment and support services to the world’s energy and offshore industries, has announced changes to its finance team. Effective February 1, 2025, Mr. Trevor Ashurst, Vice President of Finance and Administration, will resign from his position. Mr. Ashurst played a crucial role in the rebranding, establishment of a new state-of-the-art facility, and significantly enhancing the company's profitability during his tenure.



To support KOIL’s ongoing growth, the company has partnered with the Executive Search Firm SNRG Corporation to recruit a Chief Financial Officer and a Human Resources Manager. These strategic hires will help KOIL maintain its competitive edge and continue to deliver exceptional quality while growing the remarkable company.



Mr. Erik Wiik, President and CEO of KOIL Energy, expressed his gratitude for Mr. Ashurst's contributions during a transformative period for the company. “Trevor played a crucial role in the rebranding, the establishment of a new state-of-the-art facility, and significantly enhancing our profitability. We extend our best wishes to him in his future endeavors."

The new CFO and HR Manager will be instrumental in driving KOIL's growth trajectory by bringing fresh perspectives, expertise, and strategic planning to the company. They will help KOIL maintain its competitive edge, attract and retain top talent, and improve overall organizational efficiency.

In conclusion, KOIL Energy Solutions, Inc. (OTCQB: KLNG) is committed to supporting its ongoing growth by recruiting a Chief Financial Officer and a Human Resources Manager. These strategic hires will help KOIL maintain its competitive edge and continue to deliver exceptional quality while growing the remarkable company.