Reservoir Group has appointed Wade McCutcheon as chief operating officer.
McCutcheon previously served as vice president responsible for the Group's formation evaluation activity.
This latest announcement comes as Reservoir Group reports more than a 60% rise in revenue during 2011.
The company credits the rise with recent strategic decisions, including the addition of 11 new member companies, the formation of a surface logging company, Empirica, and the creation of a new coiled tubing intervention business.
With plans for similar expansion this year, McCutcheon will oversee all operational matters, accelerating the Group’s organic growth and maximizing synergies between existing member companies.
