SOURCE: Microseismic, Inc.

MicroSeismic, Inc.

October 14, 2014 09:00 ET

MicroSeismic, Inc. Appoints Rick Luke as New Chief Financial Officer

HOUSTON, TX--(Marketwired - Oct 14, 2014) - MicroSeismic, Inc. (MicroSeismic) announced today that Rick Luke has been appointed the company's new Chief Financial Officer (CFO). Rick succeeds Ron Mogul in this position, who retired this year.

Rick has spent more than 30 years in the oil and gas industry and over 10 years in the role of CFO. He comes to MicroSeismic from Seismic Equipment Solutions (SES) where he was instrumental in expanding the company into marine seismic through acquisition and increasing company revenue by three times. Prior to SES, Rick was CFO for Well Dynamics which enjoyed 10 fold growth in revenue during his tenure including several acquisitions. Rick has also held both domestic and international positions with Halliburton, serving as Vice President Europe/Africa for three years. Throughout his career, Rick has led organizations through aggressive organic growth, complemented by significant mergers and acquisitions.

Jeff Foster, President and CEO of MicroSeismic, said, "We're very happy to welcome Rick to our team. His experience with high growth companies and mergers & acquisitions, coupled with his drive for customer value creation is exactly what we need to take MicroSeismic to the next level."

Rick Luke commented, "MicroSeismic is a true technology innovator and has redefined how the industry looks at frac monitoring and completions evaluation. I am excited to join this ambitious team and look forward to contributing to the next phase of growth."

Rick earned a Bachelor of Science in Accounting from Oklahoma State University and an MBA from Oklahoma City University. He is a Certified Public Accountant (Texas & Oklahoma).

MicroSeismic, Inc. is an oilfield services company providing microseismic-based Completions Evaluation Services in eighteen countries. Founded in 2003, MicroSeismic is the leading provider of microseismic monitoring activity utilizing surface, near-surface and downhole arrays. The company continually pushes the boundaries of new technology and delivers services that allow oil and gas companies to gauge the quality of completions, improve production, and reduce costs. 

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