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Re: Bobwins post# 5806

Tuesday, 03/16/2010 10:30:42 AM

Tuesday, March 16, 2010 10:30:42 AM

Post# of 17741
ESPH now up 10% on the day. I started yesterday at 1.06, so thanks for the recommendation.

Question: As this is a small business currently, with lots of potential if new regulations require cleaner water in the shale gas and oil fields, do you know the contractual value of their large existing customers?

?? Southwestern Energy has signed a multi-year contract to provide two sets of equipment, each
capable of processing 120 barrels of water per minute.
?? Newfield Exploration is currently using the technology in production in the Woodford Shale.
?? BP has been field testing units on a variety of paid pilot programs.

Admittedly I haven't read all of the research report by Wall St. Resources, but the info on Yahoo is almost nonexistent for this small but innovative company.

Not trying to get much attention here, just looking for confirming info to show the company is indeed growing. Yahoo shows their P/S at 150 or so, which makes this look like a great idea that hasn't turned into big business yet.

Thoughts appreciated, as always,
'peeker

MILKY WAY over Devil's Tower

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