Energistics Names Duncan Junor of Halliburton Chair of Its Board of Directors

HOUSTON, TX--(Marketwire - Jan 25, 2012) - Energistics, the upstream oil and gas standards consortium, announced today that Mr. Duncan Junor, Senior Director Strategy and Corporate Development for Halliburton, and Mr. Steve Roberts, Vice President, Field of the Future^® Flagship Program at BP, have been elected as Chair and Vice Chair, respectively, to the Energistics Board of Directors. Mr. Junor will succeed Ms. Cindy Reece of ExxonMobil and Mr. Roberts will succeed Mr. Mark Greene of Accenture both of whom completed successful two-year terms as Chair and Vice Chair.

"Duncan and Steve are well respected members of our open standards community and the Board so these elections are well-deserved. We look forward to their leadership in continuing the growth of Energistics," said Jerry Hubbard, President and CEO of Energistics. He added, "Cindy's deft guidance over the last two years was instrumental in achieving the many positive strides forward for our organization and Mark's contributions in strategic planning were invaluable. We are very pleased that both will remain as members of the Board."

In Mr. Junor's role at Halliburton he coordinates strategic direction and business growth, in particular driving Halliburton's Digital Asset^® programs and initiatives. Mr. Junor has 25 years of experience in the exploration and production industry, primarily in upstream development and midstream production areas. He holds a MSc. degree from The Robert Gordon University in Aberdeen, Scotland.

"I'm very pleased with this opportunity to contribute to the continued success of Energistics." Junor said. "There has never been a more important time for reliable data exchange standards within the upstream industry and I believe that Energistics is well positioned to continue to drive further focus and momentum in this key area."

Mr. Roberts joined BP as a Geoscientist after graduating from Durham University and has worked across the globe spanning a 33 year career including exploration, appraisal and mature field development roles before moving to BP's IT organization in 1999 to help drive standard solutions. He returned to a subsurface technology role in 2011 where he is now accountable for driving the development and adoption of BP's Field of the Future® initiatives.

Ms. Reece, Upstream Technical Computing Manager for ExxonMobil and Energistics outgoing Chair, said, "The board has made some exciting changes this year. Duncan and Steve bring a wealth of experience to their new roles and I look forward to continuing to serve on the board with both of them."

Energistics is a global, not-for-profit, membership organization uniquely designed to unite upstream oil and natural gas industry professionals in a neutral and collaborative facilitation environment to develop and deploy open data exchange standards and to address E&P information challenges. Membership consists of integrated, independent and national oil companies, oilfield service companies, hardware and software vendors, system integrators, regulatory agencies and the global standards user community. For more information visit our website at www.energistics.org.