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MasTec Inc V.MTZ


Primary Symbol: MTZ

MasTec, Inc. is an infrastructure construction company. The Company's segments include Communications, Clean Energy and Infrastructure, Oil and Gas, Power Delivery, and Other. Its Communications segment provides engineering, construction, maintenance and customer fulfillment activities related to communications infrastructure. Its Clean Energy and Infrastructure segment primarily serves energy, utility, government and other end-markets through the installation and construction of power generation facilities, primarily from clean energy and renewable sources. Oil and Gas segment provides engineering, construction and maintenance services for pipelines and processing facilities for the energy and utilities industries. Its Power Delivery segment serves the energy and utility industries through the engineering, construction and maintenance of power transmission and distribution infrastructure, including electrical and gas transmission lines, distribution network systems and substations.


NYSE:MTZ - Post by User

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Post by TysonDon Oct 28, 2016 6:08pm
284 Views
Post# 25400594

Montana Exploration 5 well program

Montana Exploration 5 well program
I reread the news release and I don't think these guys have any intention of producing oil.  "All five wells will be drilled vertically."   They are just going to drill into the gas dome to supply natural gas to satisfy their agreement with the local utility.  This is a Shaunavon oilfield.  They would be drilling to the horizontal for a multi-stage frac to get oil.  The plan might be to reenter at another time.
IMHO.
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