Houston, (August 18, 2008) –Valerus Compression Services, a worldwide leader in natural gas handling services specializing in natural gas processing, treating and compression, has opened an office in Denver, Colo., to better serve its growing customer base in the Rocky Mountain area. Additionally, the company has named industry veteran Jim Truex as sales manager for the new area office.
"The demand for our compression services has significantly increased with the acceleration of exploration and production activity in the Western United States," said Chet Erwin, co-CEO, Valerus. "The new Denver office will provide our Rocky Mountain customers with additional local support. We are pleased that Jim has joined our team, bringing with him substantial knowledge of the compression industry as well as the region."
Truex has extensive experience in the oil and gas industry. Prior to joining Valerus, he spent 15 years as a sales manager for Siemens. He is familiar with the energy business in the Rockies, where he began his energy career with Copper Energy Services. He also served in a sales manager role for Compressor Systems, Production Operators Inc. and Turbine Specialists Inc. For five years, he was US Enertek Inc.’s western region product specialist.
The opening of the Denver office, located at 1600 Glenarm Place, Suite 2411, is the latest in a series of growth moves for Valerus. Earlier this year, the company acquired Tuscaloosa, Ala. – based Power Equipment Services (PES), a provider of compressor packaging, service, maintenance and overhaul facilities. Valerus, founded in 2002, currently has over 440,000 hp in their contract compression fleet and plans to add 150,000-200,000 horsepower to its companywide fleet annually for the next five years.
