Hires Francisco Fuentes Carus as Mexico Sales Director
HOUSTON, TX (January13, 2020) – Stabilis Energy, Inc.’s (“Stabilis”)(OTCQX: SLNG) today announced the expansion of its Mexican distributed natural gas business by hiring Francisco Fuentes Carus as a Mexico Sales Director. Mr. Fuentes will be primarily responsible for liquefied natural gas (“LNG”)and compressed natural gas (“CNG”) sales in Nuevo León, including the Monterrey metropolitan area and surrounding region. He will also manage other customer relationships throughout the country. Mr. Fuentes brings extensive natural gas sales and marketing experience to Stabilis. Prior to joining Stabilis, he served as Vice President of Sales and Business Development at a distributed natural gas company where he represented the company throughout North and Central America. Prior to this role, he served in senior sales and business development roles in multiple industries throughout Mexico.“We are excited to welcome Francisco to our team,” commented Jim Reddinger, President and Chief Executive Officer of Stabilis. “He has an outstanding reputation in the distributed natural gas market in Mexico and we are proud that he is representing Stabilis as we expand our business.”Mr. Fuentes will provide sales support for the Company’s growing Mexican LNG business. Stabilis recently formed a joint venture with CryoMex Investment Group LLC to pursue investments in distributed natural gas production and distribution assets in Mexico. Stabilis also recently opened a Mexican LNG transportation hub to facilitate the delivery of up to 50,000 LNG gallons per day to our customers in Northeastern Mexico. Located in Colombia, Mexico, the transportation hub will increase supply security to Stabilis’ customers by reducing border crossing and related logistics risks.Customers can contact Mr. Fuentes at email@example.com or 01 800 266 3749 for more information about our natural gas product offerings.
About Stabilis Energy
Stabilis Energy, Inc. is a vertically integrated provider of clean natural gas fueling solutionsto multiple North American end markets.We have safely delivered over 200 million gallons of liquefied natural gas (“LNG”)through more than 20,000 truck deliveries during our 15-year operating history, which we believe makes us one of the largest and most experienced small-scale LNG providers in North America.We provide LNG to customers in diverse end markets, including the industrial, energy, mining, utility, pipeline, commercial, and high horsepower transportation markets. Our customers use LNG as an alternative to traditional fuel sources, such as distillate fuel oil and propane, to lower fuel costs and reduce harmful environmental emissions.Our customers also use LNG as a “virtual pipeline” solution when natural gas pipelines are not available or are curtailed.To learn more, visit www.stabilisenergy.com.
This press release includes “forward-looking statements” within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995 and within the meaning of Section27a of the Securities Act of 1933, as amended, and Section21e of the Securities Exchange Act of 1934, as amended. Any actual results may differ materially from expectations, estimates and projections presented or implied and, consequently, you should not rely on these forward-looking statements as predictions of future events. Words such as “anticipate”, “can”, “believes,” “expects,” “could,” “could be,” “will,” “will be,” “plan,” “may,” “should,” “predicts,” “potential” and similar expressions are intended to identify such forward-looking statements. Such forward-looking statements relate to future events or future performance, but reflect the parties’ current beliefs, based on information currently available. Most of these factors are outside the parties’ control and are difficult to predict. A number of factors could cause actual events, performance or results to differ materially from the events, performance and results discussed in the forward-looking statements. Factors that may cause such differences include, among other things: the future performance of Stabilis, future demand for and price of LNG, availability and price of natural gas, compliance with environmental and other regulations, the availability and cost of capital, unexpected costs, and general economic conditions.The foregoing list of factors is not exclusive. Additional information concerning these and other risk factors iscontained in our Prospectus filed with the Securities and Exchange Commission on November, 8, 2019 and “Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations” in Part I of our most recent quarterly report on Form 10‐Q, as updated in our subsequent quarterly reports on Form 10‐Q and annual reports on Form 10‐K, which are available on the SEC’s website at www.sec.gov or on the Investors section of our website at www.stabilisenergy.com.All subsequent written and oral forward-looking statements concerning Stabilis, or other matters attributable to Stabilis, or any person acting on its behalf are expressly qualified in their entirety by the cautionary statements above. Readers are cautioned not to place undue reliance upon any forward-looking statements, which speak only as of the date made. Stabilis doesnotundertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statement to reflect any change in their expectations or any change in events, conditions or circumstances on which any such statement is based, except as required by law.
Chief Financial Officer