News

American Gilsonite
 

March 10, 2017
American Gilsonite Company Paper Selected for NTCE AADE Conference
Dario Montes and Ghery Sotomayor of American Gilsonite Company have been chosen as joint speakers at the 2017 American Association of Drilling Engineers National Technical Conference and Exhibition (AADE).

January 4, 2017
American Gilsonite Company Completes Financial Restructuring
American Gilsonite Company, the world's principal commercial miner and processor of uintaite, the unique mineral marketed under its trademark name "Gilsonite," today announced that it has completed its financial restructuring and has emerged from the chapter 11 process.

October 25, 2016
American Gilsonite Company Reaches Agreement with Second Lien Noteholders and Equity Sponsor on Prepackaged Reorganization Plan
American Gilsonite Company announced that it has reached an agreement on the terms of a reorganization that will eliminate substantial indebtedness, reduce debt service, and provide financing to restructure its balance sheet.

June 23, 2016
Gilsonite Improves Performance, Extends Thermal Life and Reduces Cost in Deepwater Drilling
American Gilsonite Company is proud to announce the launch of Gilsonite® AquaSol – a cost-effective, high-performance additive, effective in a wide range of water-based systems for both low and high temperature wells.

May 16, 2016
NEW PRODUCT LAUNCH: Gilsonite AquaSol Performs in WBM Like Sulfonated Asphalt, at Significantly Less Cost
American Gilsonite Company is proud to announce the launch of Gilsonite® AquaSol – a cost-effective, high-performance additive, effective in a wide range of water-based systems for both low and high temperature wells.

April 12, 2016
American Gilsonite Offers New G-Bond Cementing Additive for Improved Mixability at Higher Concentrations
American Gilsonite Company now offers Gilsonite G-Bond to deliver even more of the performance of pure Gilsonite, in formulations with greater concentration.

February 18, 2016
Innovation Center Opens in American Gilsonite’s New Corporate Headquarters
American Gilsonite opens high-tech Innovation Center at its new corporate headquarters in Houston.

January 29, 2016
David G. Gallagher Named President and Chief Executive Officer of American Gilsonite Company
American Gilsonite Company today announced the appointment of David G. Gallagher to the position of President and Chief Executive Officer.

January 4, 2016
Announcing the Opening of Our Permian Basin Supply Center in Midland, Texas
American Gilsonite opens convenient Permian Basin supply center in Midland, Texas.

November 30, 2015
Scientific study proves benefits of Gilsonite in asphalt pavement
A 2015 study proved that Gilsonite-modified binders significantly extend the useful life of asphalt pavement.

August 10, 2015
Introducing Our New and Expanded Line of High Temperature Drilling Mud Additives
After extensive R&D and a multimillion dollar investment in mining capacity, American Gilsonite Company now has an expanded range of HT drilling mud additives ready for immediate delivery.

May 28, 2015
Field Trials Reveal Gilsonite Reduces Cost of Hollow Beads in Cementing
In the current oil and gas market, cutting costs has become a universal priority. Gilsonite has proven to be an effective way to reduce the costs of using hollow beads without compromising the quality of a cementing job.

November 26, 2014
Service Companies Cut Drilling Fluid Costs without Losing Performance
As a drilling fluid additive, American Gilsonite® provides a range of important benefits while also producing cost savings of more than 80%.

November 11, 2013
American Gilsonite Company Names David Gallagher as Senior Vice President
AGC announced it has appointed David G. Gallagher as Senior Vice President, Commercial Operations, effective immediately. Mr. Gallagher has more than 30 years of experience in the oilfield service industry, holding executive level positions at leading firms such as Schlumberger, Carbo Ceramics and Baker Hughes...

July 23, 2013
American Gilsonite Completes Houston Office Expansion
HOUSTON, TEXAS – July 23, 2013 – American Gilsonite Company, Inc. ("American Gilsonite", or "AGC"), the world's primary supplier of Gilsonite®, announced the completion of its Houston office expansion. Major growth in the energy sector prompted the company to establish a significant presence in Houston to better serve the expanding customer base.

June 19, 2013
American Gilsonite Makes Key Hire of Technical Director to Join Houston Team
HOUSTON, TEXAS – June 19, 2013 – American Gilsonite Company, Inc. ("American Gilsonite", or "AGC"), the world's primary supplier of Gilsonite®, announced the hiring of Dario Montes as Technical Director. Mr. Montes brings American Gilsonite approximately fifteen years of management, technical sales and business development experience from National Oilwell Varco and MI Swaco...

May 30, 2013
Mining Production Expanded
AGC announced that it had completed Phase One of its capacity expansion initiative. In response to significant demand for its products, and to help ensure its reliability...

June 28, 2012
Oilfield Minerals Outlook - Houston
Bill Britton and Bill Dobbs were joint speakers at the Oilfield Outlook Minerals conference in Houston, Tx. The speakers at the conference covered the gamit from the industrial mineral producers...

 

 

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