The Business’ major revenue source is drilling site preparation for oil and gas projects. They also install gathering lines, install surface production equipment, maintenance of service facilities, hourly roustabout jobs, and welding projects for major oil companies. Legislative changes and increased consumer demands make it unlikely that pipeline construction and maintenance will experience any cyclical downturns for an extended time. The Pipeline Safety Improvement Act of 2002 has created billions of dollars of revenues for qualified pipeline companies. The Company has 8 master service agreements in place.
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