Skip to main content

KOIL Energy Announces New CFO

Written by Customer Service on . Posted in Public Companies.

HOUSTON, April 21, 2025 (GLOBE NEWSWIRE) — Koil Energy Solutions, Inc. (OTCQB: KLNG), (the “Company”) today announced the appointment of Mr. Kurt Keller as the chief financial officer (CFO), effective April 22, 2025. Mr. Keller has two decades of financial leadership experience from middle-market companies, where he has successfully scaled operations and transformed businesses, growing revenues from $20 million to $100 million.

Before joining KOIL Energy, he was an executive at private equity-backed firms PurgeRite and SunGrid Holdings. From 2018 to 2022, he served as CFO at Mantis Innovation Group, a construction and facilities services firm. From 2007 to 2017, he was the CFO of Navasota Energy Services, a builder and operator of power generation facilities. From 1999 to 2006, he provided advisory services at Deloitte. He earned a BA in economics from Baylor University and an MBA from Vanderbilt University. Mr. Keller holds both Chartered Financial Analyst (CFA) designation and Certified Management Accountant (CMA) certification.

“We are excited to welcome Kurt to the KOIL Energy team. His extensive experience in scaling businesses, both organically and through mergers and acquisitions, will prove to be incredibly valuable. Kurt is a transformational leader and perfect for KOIL Energy’s growth journey. We are confident that his leadership will further enhance and solidify our financial policies, strategy, and overall performance,” said Erik Wiik, president and CEO of KOIL Energy. “Maintaining financial discipline is crucial to our ability to meet our commitments to customers, shareholders, and employees.”

KOIL Energy is a leading energy services company offering subsea equipment and support services to the world’s energy and offshore industries.

Investor Relations:
ir@koilenergy.com
281-862-2201

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Before you continue, please confirm the following:

Professional advisers only

I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.

Important Notice for Investors:

The services and products offered by Goldalea Capital Ltd. are intended exclusively for professional market participants as defined by applicable laws and regulations. This typically includes institutional investors, qualified investors, and high-net-worth individuals who have sufficient knowledge, experience, resources, and independence to assess the risks of trading on their own.

No Investment Advice:

The information, analyses, and market data provided are for general information purposes only and do not constitute individual investment advice. They should not be construed as a basis for investment decisions and do not take into account the specific investment objectives, financial situation, or individual needs of any recipient.

High Risks:

Trading in financial instruments is associated with significant risks and may result in the complete loss of the invested capital. Goldalea Capital Ltd. accepts no liability for losses incurred as a result of the use of the information provided or the execution of transactions.

Sole Responsibility:

The decision to invest or not to invest is solely the responsibility of the investor. Investors should obtain comprehensive information about the risks involved before making any investment decision and, if necessary, seek independent advice.

No Guarantees:

Goldalea Capital Ltd. makes no warranties or representations as to the accuracy, completeness, or timeliness of the information provided. Markets are subject to constant change, and past performance is not a reliable indicator of future results.

Regional Restrictions:

The services offered by Goldalea Capital Ltd. may not be available to all persons or in all countries. It is the responsibility of the investor to ensure that they are authorized to use the services offered.

Please note: This disclaimer is for general information purposes only and does not replace individual legal or tax advice.