Wall Street Transcript Interview with Rick D. Kasch, Enservco Corporation's President and CFO: Enservco Corporation (ENSV)

Wall Street Transcript

67 WALL STREET, New York - February 5, 2013 - The Wall Street Transcript has just published its Oil & Gas: Exploration & Production Report offering a timely review of the sector to serious investors and industry executives. This special feature contains expert industry commentary through in-depth interviews with public company CEOs, Equity Analysts and Money Managers. The full issue is available by calling (212) 952-7433 or via The Wall Street Transcript Online.

Topics covered: Capital Expenditures and Consolidation Activity - Refining Crude Price Differentials - Frontier Exploration and Development - Shale Drilling Capital Expenditures - Oil Price Expectations - Oil and Gas Transportation Infrastructure Demand - Shale Drilling Dynamics - Shale, Offshore and Deepwater Drilling

Companies include: Enservco Corporation (ENSV) and many others.

In the following excerpt from the Oil & Gas: Exploration & Production Report, the President and CFO of Enservco discusses the outlook for his company for investors:

TWST: What's the competitive landscape like for you, and what do you see as your key competitive advantages?

Mr. Kasch: Our niche in the industry is very fragmented. It consists of a lot of mom-and-pops, and it's very regional. We are the only national company that does what we do throughout multiple basins across the country. The mom-and-pops tend to be in one or two basins, while Enservco is currently operating in six. We also have an important competitive advantage in that we have master service agreements with almost all the major E&Ps. This is key, because these majors have worked to streamline their vendor lists and eliminate some of the small players that may not have MSAs.

In fact, these MSAs have been a key driver in our geographical expansion over the past two years. As existing E&P customers have expanded their operations into new basins such as the Marcellus, Niobrara, Utica and Mississippi Lime, they have asked us to expand with them and handle certain well-stimulation and maintenance work. That's been the model of our growth.

In our business, MSAs are considered gold because they essentially represent a seal of approval by the customer. To get one, you have to have four things: quality equipment, a good service record, a good safety record and somebody inside the company that wants to use your services...

For more of this interview and many others visit the Wall Street Transcript - a unique service for investors and industry researchers - providing fresh commentary and insight through verbatim interviews with CEOs, portfolio managers and research analysts. This special issue is available by calling (212) 952-7433 or via The Wall Street Transcript Online.

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