Transmeridian Exploration Names COO
Friday June 9, 4:44 pm ET
Transmeridian Exploration Names Alan Halsey Chief Operating Officer
HOUSTON (AP) -- Transmeridian Exploration Inc., which develops oil reserves in the Caspian Sea region, on Friday said it appointed Alan Halsey, 56, as its chief operating officer and vice president on Monday, June 5.
In the newly created role of chief operating officer, Halsey will lead the company's drilling campaign in Kazakhstan and hold responsibility for production, operations, technical services, geology and marketing worldwide.
Most recently, Halsey managed private investments and worked with a family owned construction materials business.
Transmeridian Exploration shares closed down 25 cents, or 4.6 percent, at $5.20 on the American Stock Exchange. The stock has ranged between $1.76 and $7.25 over the past 52 weeks.
