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Re: ChaseDog31 post# 54650

Saturday, 10/13/2018 7:45:07 AM

Saturday, October 13, 2018 7:45:07 AM

Post# of 79329
I did a personal road trip last week from Denver to Houston via ALBQ, Roswell, Carlsbad Caverns...and all along highway 285 from Roswell to I-10 in Fort Stockton, TX was crazy busy with drilling activity. It’s the western part of the Permian Basin and there were tons of different OFS (Oil Field Services) companies with buildings and pickup trucks driving around. Small companies I’ve never heard of dominate the area. Halliburton had one facility north of Carlsbad.

We needed to get a hotel for the night in Carlsbad and the Fairfield Inn was $375/night. We tried a few different hotels and they all said for the past 3 years the OFS workers/companies have been occupying the rooms because they don’t have enough housing in the area because of all the drilling activity.

2 other companies you may want to consider is ERII before it releases earnings at the end of Oct. Do you DD and check out how the stock price positively reacts after every earnings report.

And a smaller OFS tech company EVTN. They have a deal with Schlumberger and 2 utility companies.

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