DENVER, CO — (Marketwired) — 08/21/13 — ENSERVCO Corporation (OTCQB: ENSV), a provider of well-site services to the domestic onshore conventional and unconventional oil and gas industries, today announced the Company, at the request of several existing customers, has expanded its service territory into Wyoming–s Powder River and Green River Basins. ENSERVCO will service the areas, which incorporate the highly productive Jonah natural gas field, from a new service yard being opened in Rock Springs, Wyoming.
Rick Kasch, president, said ENSERVCO will begin serving customers in the regions this week. “Several of our existing exploration and production customers have established a presence in this area and have expressed a need for our services. In addition, we have received our first master service agreement from a new customer that has a major presence in the region. In all, we expect to initially serve approximately 10 new and existing customers.
“Geographic expansion is a key element of our growth strategy, so we are very encouraged by our entrance into a region with active and rapidly expanding oil and gas production,” Kasch said.
Through its various operating subsidiaries, ENSERVCO has emerged as one of the energy service industry–s leading providers of hot oiling, acidizing, frac heating and fluid management services. The Company owns and operates a fleet of more than 230 specialized trucks, trailers, frac tanks and related well-site equipment. ENSERVCO serves customers in six major domestic oil and gas fields, and operates in Colorado, Kansas, Montana, New Mexico, North Dakota, Oklahoma, Pennsylvania, Ohio, Texas, Wyoming and West Virginia. Additional information is available at .
This news release contains information that is “forward-looking” in that it describes events and conditions ENSERVCO reasonably expects to occur in the future. Expectations for the future performance of ENSERVCO are dependent upon a number of factors, and there can be no assurance that ENSERVCO will achieve the results as contemplated herein. Certain statements contained in this release using the terms “may,” “expects to,” and other terms denoting future possibilities, are forward-looking statements. The accuracy of these statements cannot be guaranteed as they are subject to a variety of risks, which are beyond ENSERVCO–s ability to predict, or control and which may cause actual results to differ materially from the projections or estimates contained herein. Among these risks are those set forth in a Form 10-K filed on March 28, 2013. It is important that each person reviewing this release understand the significant risks attendant to the operations of ENSERVCO. ENSERVCO disclaims any obligation to update any forward-looking statement made herein.
Pfeiffer High Investor Relations, Inc.
Geoff High
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MZ Group
Derek Gradwell
SVP, Natural Resources
Phone: 949-259-4995
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