Not sure where your friend is located and in what capacity in the oil industry, but I can assure you the "maintenance industry" is saturated with competition. Given my update yesterday regarding STW not paying their crews, it doesn't sound like they have sufficient revenues coming in.
LMAO, what water??? Water is sucking cash from energy and always has. With the delinquent taxes and missed payrolls, one would assume energy has fallen behind.
For those reasons, coupled with not hearing a word from management in 4 months, and missing the deadline on a NT10K, I wouldn't feel good about it at all....
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