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GASFRAC Energy Services Inc. GSFVF

Energy
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 by User

GASFRAC Energy Services Inc.
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Comment by g_man1234on May 03, 2012 2:10pm
699 Views
Post# 19867558

RE: RE: What just happened?

RE: RE: What just happened?

Fracing with propane safely is a lot harder and more expensive to execute operationally than most people outside the industry realize.

If all you read is the "waterless fracing" hype, then you aren't getting the full story. Anyone who has direct experience in the fracing industry knows of the incredible operational challenges GFS faces. This is reflected in their safety record, their utilization, and in their field & EBITDA margins. You can't "hype away" financial results. Well, not for long anyhow.

Therin lies the problem, imho...

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