Current Report Filing (8-k)
30 Maio 2018 - 6:28PM
Edgar (US Regulatory)
UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
8-K
CURRENT
REPORT
Pursuant
to Section 13 or Section 15(d) of the Securities Exchange Act of 1934
Date
of Report (Date of earliest event reported): May 30, 2018 (May 23, 2018)
NATIONAL
ENERGY SERVICES REUNITED CORP.
(Exact
name of registrant as specified in its charter)
British
Virgin Islands
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001-38091
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N/A
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(State
or other jurisdiction
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(Commission
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(I.R.S.
Employer
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of
incorporation or organization)
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File
Number)
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Identification
Number)
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777
Post Oak Blvd., Suite 730
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Houston,
Texas
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77056
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(Address
of principal executive offices)
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(Zip
Code)
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Registrant’s
telephone number, including area code:
(832) 925-3777
Not
Applicable
(Former
name or former address, if changed since last report)
Check
the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation to the registrant
under any of the following provisions:
[ ]
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Written
communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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[ ]
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Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
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[ ]
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Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
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[ ]
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Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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Indicate
by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405
of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging
growth company [X]
If
an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for
complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. [ ]
Item
5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements
of Certain Officers.
On
May 23, 2018, in connection with the potential acquisitions of Gulf Energy SAOC (“GES”) and National Petroleum Services
(the “Business Combination”), the board of the directors (the “Board”) of National Energy Services Reunited
Corp. (the “Company”) appointed Andrew Waite and Yasser Al Barami, effective on the closing date of the Business Combination,
to serve as a Class I director and a Class II director of the Company’s Board, respectively. Class I director seats will
be up for election at the 2020 annual meeting of shareholders; Class II director seats will be up for election at the 2019 annual
meeting of shareholders.
Yasser
Al Barami, aged 46, has more than 22 years of professional experience in the oil and gas industry. Mr. Al-Barami is the Chairman
of GES which he co-founded in 2006 and also holds the position of Chief Commercial Officer for GES. Mr. Al Barami has benefited
from significant exposure to both the services industry as well as the E&P industry which makes his experience unique in several
aspects. Mr. Al Barami started his career in the drilling operations of Petroleum Development Oman (PDO). Over the next nine years
he worked in different positions in Well Engineering in the field before progressing to PDO’s headquarters where he was
appointed to be a Team Leader for the same. Mr. Al Barami obtained his Bachelor’s degree in Mechanical Engineering from
the University of Brighton, United Kingdom in 1995, and thereafter completed his MBA from the University of Lincoln, United Kingdom
in 2003.
Andrew
L. Waite, aged 57, is Co-President of LESA, the ultimate general partner of SCF Partners and the ultimate general partner of the
majority shareholder of SV3 Holdings PTE Ltd., and has been an officer of that company since October 1995. He was previously Vice
President of Simmons & Company International, where he served from August 1993 to September 1995. From 1984 to 1991, Mr. Waite
held a number of engineering and project management positions with Royal Dutch / Shell Group, an integrated energy company. Mr.
Waite currently serves on the board of directors of Nine Energy Service, Inc. (NYSE: NINE), a position he has held since February
2013, is on the board of directors of Forum Energy Technologies, Inc. (NYSE: FET), a position he has held since August 2010, and
is on the board of directors of Atlantic Navigation Holdings (Singapore) Limited (SGX: 5UL), a position he has held since January
2016. Mr. Waite previously served on the board of directors of Complete Production Services, Inc., a provider of specialized oil
and gas completion and production services from 2007 to 2009, Hornbeck Offshore Services, Inc., a provider of marine services
to the energy sector and military customers from 2000 to 2006, and Oil States International, Inc., a diversified oilfield services
and equipment company from August 1995 through April 2006. Mr. Waite received an MBA with High Distinction from Harvard Business
School, an MS degree in Environmental Engineering Science from California Institute of Technology and a BSc degree with First
Class Honours in Civil Engineering from England’s Loughborough University.
Neither
Mr. Al Barami nor Mr. Waite has a family relationship with any director or executive officer of the Company or has been involved
in any transaction with the Company since the beginning of the Company’s last fiscal year that would require disclosure
under Item 404(a) of Regulation S-K.
SIGNATURE
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf
by the undersigned hereunto duly authorized.
Dated:
May 30, 2018
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NATIONAL
ENERGY SERVICES REUNITED CORP.
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By:
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/s/
Sherif Foda
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Name:
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Sherif Foda
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Title:
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Chief Executive Officer
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