Boots & Coots Pays Respect to Edward Coots Matthews
02 Aprile 2010 - 12:30AM
Business Wire
Edward M. ‘Coots’ Matthews, co-founder of Boots & Coots,
Inc. (NYSE:WEL), passed away peacefully yesterday, March 31. He was
86 years old.
“Boots & Coots recently celebrated its thirtieth
anniversary, and we owe a tremendous debt to Mr. Matthews for the
vision he and Boots Hanson shared when they formed this company and
the culture they developed that helped the company endure the hard
times as well as the good,” said Jerry Winchester, president and
chief executive officer of Boots & Coots. “We send our
condolences to Mr. Matthews’ family, and our respect to a truly
remarkable individual. His imprint on this industry will live
forever.”
Edward Coots Matthews and Asger Boots Hansen founded Boots &
Coots in 1978 after nearly 20 years of working for Red Adair. Both
were involved with the industry’s most notorious blowouts, such as
the "Devil's Cigarette Lighter" in Gassi Touil, Algeria in 1961,
Lake Maracaibo in 1991 and the Kuwait oil fires in 1991. Coots
Matthews retired in 1994.
About Boots & Coots
Boots & Coots, Inc., with its headquarters in Houston,
Texas, provides a suite of integrated pressure control services to
onshore and offshore oil and gas exploration companies around the
world. Boots & Coots’ products and services include well
intervention services designed to enhance production for oil and
gas operators. These services consist primarily of hydraulic
workover and snubbing services. Boots & Coots’ equipment
services segment provides high pressure, high temperature rental
tools. The company’s pressure control services are designed to
reduce the number and severity of critical events such as oil and
gas well fires, blowouts or other incidences due to loss of control
at the well. This segment consists primarily of the company’s
Safeguard prevention and emergency response services. Additional
information can be found at www.boots-coots.com.
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