American Gilsonite Company Makes Key Hire of Technical Director to Join Houston Team

June 19, 2013

HOUSTON, TEXAS – June 19, 2013 – American Gilsonite Company, Inc. (“American Gilsonite”, or “AGC”), the world’s primary supplier of Gilsonite® uintaite, 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. Mr. Montes joins AGC’s growing Houston office and will spearhead the development of innovative Gilsonite®-based oilfield products.

“We are extremely pleased to bring Dario on board as Technical Director,” said Ted Stevens, President and Chief Executive Officer of American Gilsonite. “Dario brings outstanding technical credentials and product development experience that will provide our oilfield customers with value-added solutions to their drilling fluid and cementing programs.”

In addition to developing new Gilsonite®-based products and applications, Mr. Montes will work with AGC’s lab partners to test and highlight the many performance advantages of Gilsonite® uintaite versus inferior substitute products.

Vice President Bill Dobbs, added “I am thrilled by addition of Dario to American Gilsonite. I am looking forward to working with him to demonstrate the technical attributes and performance advantages inherent in Gilsonite®.”

About American Gilsonite Company. (

American Gilsonite is the world’s primary miner and processor of Gilsonite® uintaite, a specialty hydrocarbon resin used as a premium performance additive in oilfield and specialty industrial applications. AGC and its predecessor companies have been mining Gilsonite®, which is non-hazardous and naturally occurring, in Eastern Utah since 1888.

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