ESP Resources, Inc. (OTC BB: ESPI)
Corporate Profile
We are a custom formulator of specialty chemicals for the oil and gas industry. We offer analytical services and essential custom-blended chemicals for oil and gas wells, which improve production yields and overall efficiencies. Our mission is to provide applications of surface chemistry to service all facets of the energy business via a high level of innovation. We focus our efforts on solving problems at the drilling site or well with a highly complex integration of chemicals and processes to achieve the highest level of quality petroleum output.
We act as manufacturer, distributor and marketer of specialty chemicals and supply specialty chemicals for a variety of oil and gas field applications including killing bacteria, separating suspended water and other contaminants from crude oil, separating the oil from the gas, pumping enhancement, pumping cleaning, as well as a variety of fluids and additives used in the drilling and production process. At each well in production, there exists a number of factors that make each site unique. These include the depth of the producing formation, the bottom-hole temperature of the producing well, the size of the wellhead through which the producing fluids flow, the size and pressure ratings of the production equipment, including the separators, heater-treaters, compression equipment, size of production tubulars in the wellbore, size of the storage tanks on the customers' location, and pressure ratings of the sales lines for the oil and gas products. Wells that are operating short distances from each other in the same field can have very different characteristics. This variance in operating conditions, chemical makeup of the oil or gas, and the usage of diverse equipment requires a very specific chemical blend to be used if maximum drilling and production well performance is to be attained.
Products & Services
Completion Petrochemicals
Our completion petrochemicals are primarily used during the completion stage of oil or gas wells that are drilled in various shale formations in the United States. After a well is drilled, we deliver a specialized chemical equipment trailer, or chemical delivery unit, that is used in the pumping of chemicals during the hydraulic fracturing process. Hydraulic fracturing, or fracking, is a technology used to inject a fluid into a well to create fractures in the minerals containing the oil or gas. Usually the fluid is water, sand, and chemical additives. Our chemical delivery units pump chemicals to treat the fluids used in the completion of the oil and gas wells during the fracking process. Each unit consists of a trailer mounted pumping system with associated power generation components, a chemical supply trailer, safety and spill prevention equipment, communication devices, and computerized reporting equipment.
The units pump treatment chemicals to eliminate the bacteria contamination present in the fluids used in the fracking process. We have developed a specialized chemical formulation that is intended to provide for a longer-term bacteria-contamination elimination time frame. The longer-term time frame is designed to provide our customers significant cost savings in the removal treatment of contaminants from the oil and gas well-stream once the well has been placed into production.
Production Petrochemicals
After a well has been completed and placed into production, we supply production chemicals and services that are designed to be administered throughout the life of the well. Through the utilization of over 100 base chemicals, we replicate well conditions, analyze the properties of the well, determine the precise mix of chemicals to treat the well and then inject the chemicals in small batches via our specialized equipment. Our production petrochemicals include, but are not limited to, drilling chemicals, waste remediation chemicals, cleaners and waste treatment chemicals as follows:
- Surfactants that are highly effective in treating production and injection problems at the customer well- head;
- Well completion and work-over chemicals that maximize productivity from new and existing wells;
- Bactericides that kill water borne bacterial growth, thus preventing corrosion and plugging of the customer wellhead and flowline;
- Scale compounds that prevent or treat scale deposits;
- Corrosion inhibitors, which are organic compounds that form a protective film on metal surfaces to insulate the metal from its corrosive environment;
- Antifoams that provide safe economic means of controlling foaming problems;
- Emulsion breakers, which are chemicals specially formulated for crude oils containing produced waters;
Paraffin chemicals that inhibit and/or dissolve paraffin to prevent buildup (their effectiveness is not diminished when used in conjunction with other ?chemicals); and - Water clarifiers that solve any and all of the problems associated with purifying effluent water and that improve appearance.
Our first goal is to solve our customers' problem at the well and optimize drilling or production and, secondly, the sale of product. Typically, our service personnel may gather information at a well and enter this data into the analytical system at each of our six (6) respective district offices located in Scott, Louisiana; Pharr, Texas; Victoria, Texas; Guy, Arkansas; Longview, Texas; and Marlow, Oklahoma.
Domestic Locations
Corporate Office
ESP Resources, Inc.
9595 Six Pines Drive, Suite 6305
The Woodlands, TX 77380
Toll Free: (877) 377-5665
District Offices
ESP Resources, Inc.
111 Lions Club Street
Scott, LA 70583
Phone: (337) 706-7056
ESP Resources, Inc.
Bldg #9 Guy Industrial Park
Guy, AR 72058
Phone: (501) 581-0126
ESP Resources, Inc.
1116 West Harrison Road
Longview, TX 75604
Phone: (903) 297-0674
ESP Resources, Inc.
593 Hill Rd
Victoria, TX 77905
Phone: (361) 894-8983
ESP Resources, Inc.
1108 Albrad Ave Ste A
Pharr, TX 78577
Phone: (956) 782-0068
ESP Resources, Inc.
9900 East Highway 29
Marlow, OK 73055
International Operations
Middle East
Through our wholly-owned subsidiary, ESP Marketing Group, LLC, our office is located in The Gold & Diamond Park Building in Dubai, United Arab Emirates. This office serves as the Company's hub for the operation for the petrochemical products and services through our existing distributor, BPT Americas, LLC, for the Middle East, including Northern Africa and Russia. Our focus initially is on our existing petrochemical products and services business, but will also serve to facilitate new developing business with other multi-national oil & gas companies operating out of those regions.
Papua New Guinea ESP Resources, through our wholly-owned subsidiary, ESP Corporation, S.A. in Panama, entered into a shareholders' agreement with Komo Umbrella Joint Venture Limited, a company incorporated in Papua New, to form a joint venture called ESP KUJV Limited. The purpose of ESP KUJV Limited is to pursue, undertake and realize business opportunities within the Komo project area. ESP KUJV Limited has the opportunity to be engaged by one of the world's largest oil & gas companies and an operator of a liquid natural gas project in Papua New Guinea, to carry out specialized design and construction works with respect to the development of the Komo international airfield.
ESP KUJV Limited is established under the Companies Act 1997 as promulgated under the laws of Papua New Guinea. ESP KUJV will operate to carryout its specialized design and construction works for these projects.
The key operational commitments of Komo Umbrella Joint Venture Limited to ESP KUJV Limited are to be the administrative manager and provide assistance in key operative areas for the projects including, but not limited to: (i) providing the services of administrative manager; (ii) assisting in the key operative areas; (iii) assisting in preparing ground reports and engineering and feasibility reports; (iv) assisting in providing tax and cost effective operational benefits; (v) assisting in provision of general administration services; (vi) utilizing its resources to support in the areas of fire and life safety systems; (vii) providing technical and contractual support for preparation and award of task orders; (viii) preparing independent government estimate and/or cost analysis for each task order; (ix) negotiating the task orders and all required modifications according to the Registrant's recommendations; (x) awarding the task orders and all required modifications according to the Registrant's recommendations; (xi) providing engineering and construction services as requested; (xii) providing technical support or assistance for technical submittal reviews; (xiii) providing contract support after task order award; (xiv) providing quality assurance support as and when required or requested by the Registrant; (xv) providing accommodation/catering and camp services, light vehicles and associated services; (xvi) providing security for personnel and property and secure escort and/or transportation services; and (xvii) providing local labor recruitment and management.
Our key operational commitments are to provide the services of the operating manager for these projects with full responsibility for: (i) preparing and executing services; (ii) the receipt and tender of financing and acquisition; (iii) deployment of assets of ESP KUJV Limited; (iv) providing expert and experienced technical assistance; and (v) overseeing the day-to-day operations and management.
ESP Resources Facilities
ESP Resources Inc. operates an 11,000 square foot blending and distribution facility in addition to outdoor storage used to supply retail and wholesale specialty chemicals for a variety of oil field applications.in Scott, LA.
_________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________
**Former** ESP FPS Facility (Provided By UHCougar)
Contacts
Transfer Agent
American Stock Transfer & Trust Co., LLC
10150 Mallard Creek Road
Suite 307
Charlottle, NC 28262
Phone: (718) 921-8520
Fax: (718) 765-8742
www.amstock.com
Independent Auditors
MaloneBailey, LLP
10350 Richmond Ave., Suite 800
Houston, TX 77042
Phone: (713) 343-4200
Fax: (713) 266-1815
www.malone-bailey.com
ESP Resources Investor Relations
Howard Gostfrand American Capital Ventures 305.918.7000 info@amcapventures.com www.amcapventures.com
http://www.espchem.com/
1255 Lions Club Road
Scott, LA 70583
Ph. 337-706-7056
Fax. 337-456-4725
Management
http://www.stoneenergy.com/
Stone Energy Corp. (SGY:NYSE)
http://finance.yahoo.com/q?s=SGY
Daily View
Weekly View
Last update 12.7.12
Rules of the board according to IHUB:
http://www.investorshub.com/boards/complex_terms.asp
