Re: 7 day price average crossed above 20 day price average
in response to
by
posted on
May 20, 2013 01:18AM
Edit this title from the Fast Facts Section
Information on existing customer Blackbrush -
BlackBrush was one of the first oil and gas production companies to use GASFRAC's stimulation technology when GASFRAC expanded into the U.S. in mid-2011. After realizing positive production results from wells employing the GASFRAC fracturing technology, BlackBrush has agreed to a longer-term partnership in order to secure GASFRAC equipment as demand for the technology grows.
Question -
Thank you for taking my question. I’ve got two questions. When you spoke about BlackBrush planning to do two wells (inaudible) month for the remainder of the year until the hunting season? Does that include their relationship with Terrace, or was that just BlackBrush on their own?
James M. Hill
That is just BlackBrush on their own. The relationship with Terrace, as I mentioned earlier, somebody have said they’ve got 1,150 wells to drill, but this is just starting out with them and we’re doing the first one later on and then they will let us go from there, how much they’re going to continue, but that will be additive to the BlackBrush work.
-----Mr Hill will be moving this company forward!