Recent CEO interview
Lavance was interviewed by GreenisGoodRadio in October. The fourth quarter was terrible, and yet it's encouraging to read that he still believes the company can achieve $10-$50 million in sales in the near term.
John Shegerian: I think you will have done a great thing. We’re down to the last two minutes or so. So if today you’re treating 180 wells, when I have you back on the show nine months from now, what is the possibility? How fast can you scale your great company, and how many wells can you be into nine months from now? Twelve months from now? Five hundred? A thousand? Ten-thousand? What do you think?
David LaVance: We should get into the thousands, and we want to get into the tens of thousands as quickly as we can. Today, we have two depots - one that is in Utah and one in New Mexico. We’re expanding into Texas right now. We’ve tried and tested already in Oklahoma and in North Dakota. In all of those places, the product works and so we need to go ahead and get facilities started there, and if we do, we’ll quickly reach the tens of thousands of oil wells."
