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Bullboard - Stock Discussion Forum GASFRAC Energy Services Inc. GSFVF

GasFrac Energy Services Inc is an oil and gas service company. It is engaged in providing liquid petroleum gas fracturing services to oil and gas companies in Canada and the United States of America. The company has developed a patented waterless Liquid Petroleum Gas gel that yields higher reservoir production while eliminating concerns over water use in fracturing.

OTCPK:GSFVF - Post Discussion

GASFRAC Energy Services Inc. > sales of units.
View:
Post by Watchman_two_2 on Nov 22, 2013 12:02pm

sales of units.

There are guys from Calfrac in Gasfracs red deer yard taking pictures of every unit today. Just a fun fact.
Comment by Thanksforplaying on Nov 26, 2013 6:00pm
Ha. Thats a great rumor to start!
Comment by drrwhalen on Jan 15, 2014 8:52pm
Sale of old equipment, they did purchase new conventional blenders. New methods coming down the pipe.
Comment by Watchman_two_2 on Jan 19, 2014 10:58pm
I had been misinformed. They did jave a few units up for sale at the time but there were apparently folks walking aroind their red deer location taking pictures of all of the equipment after a conference call with investors. As for the new methods, last week was the first trial of the hybrid in Canada. It was out near fort st john, have not heard for who or what the results have been.
Comment by yllom19 on Jan 20, 2014 7:07am
from the Nov investor presentation, they also compare how the stock trades to the water frac stocks and they all trade from 1.5 to 2.5 over book value Current capital equipment (9 spreads) can produce up to $600M in annual revenue Currently trading well below Book value (Book Value per Share = $2.76)
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