DENVER, CO, Sep 21, 2011 (MARKETWIRE via COMTEX) -- ENSERVCO Corporation ENSV -6.98% , a provider of well-site services to the domestic onshore conventional and unconventional oil and gas industries, today announced the opening of its operations center in Killdeer, North Dakota.
The facility is centrally located in the Williston Basin's Bakken Shale Formation, one of the largest and most active oil fields in the continental United States, and will serve a roster of major, mid-major and independent exploration and production customers with which ENSERVCO already does business in several other regions.
Approximately 15 employees have begun work at the facility, and management expects to more than double the workforce in the coming months. The eight-acre site, which will house a fleet of specialized well-site service vehicles and construction equipment, also includes a maintenance shop, multiple offices and living quarters for up to 32 employees.
ENSERVCO has had advance crews working in the Bakken for several weeks providing hot oiling and construction services. As average daily temperatures have begun to drop in the region, requests for the Company's primary fluid heating services have already begun to escalate. The demand for fluid heating services can last up to 10 months of the year in the Bakken given the region's relatively low average temperatures.
"The opening of the Killdeer facility comes less than a month after we launched operations in the northern portion of the Niobrara Shale Formation from a new facility in Cheyenne, Wyoming," said Rick Kasch, president and chief financial officer. "These two facilities, which are operating in highly prolific unconventional shale plays, should help us continue to deliver strong quarter-over-quarter revenue growth for the foreseeable future."
Source: Market Watch
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