Our results of operations improved significantly when comparing the year ended December 31, 2017 to the year ended December 31, 2016. The improvement was a result of multiple factors, including, but not limited to:
· Increased demand for our services : We experienced a significant increase in demand for our services when comparing 2017 to 2016 due to an increase in the activity of our customers which consist of E&P companies operating in the Permian Basin, the Eagle Ford shale, and the Scoop/Stack shale;
· Our ability to provide high quality equipment and services to satisfy demand : We successfully satisfied the increase in demand through investments in equipment and through outsourcing certain equipment and personnel needs; and,
· Our ability to maintain an efficient cost structure: We monitored our costs and imposed sufficient financial discipline in order to maintain an efficient cost structure in a period of rapidly increasing demand.