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  • Gasfrac's (GSFVF.PK -14.6%) management shakeup, including the immediate departure of its CEO and COO, sends shares swooning. CFO Jim Hill will lead the company as president and CEO on an interim basis, and current operations personnel will assume COO duties. The oil and gas technology company also will undertake an operational review. [View news story]
    Am a "small" stockholder, but relevant to my financial situation, it is appreciable. The new technology has immense potential if marketed intelligently.
    About time the management changed - long overdue. The situation can only get better.
    Am aware of fall of market natural gas prices and its effect on gas producers. However the promise of widespread industry changeovers (e.g. steel industry) from coal to natural gas usage in the long-term gives hope. Meanwhile intelligent energetic media interventions featuring uniqueness of Gasfrac particularly in view of nation-wide water shortage and abominable expense of water hauling and wastage, as well as environmental damage, by hydraulic fracing companies should give Gasfrac a future big head-up if handled correctly.
    Sep 12 01:53 AM | Likes Like |Link to Comment
  • GasFrac: In Spite Of Results Beaten Down By Weather, Bright Future Ahead [View article]
    I am impressed by the new process - propane fracing - which which will surely become a major factor in the gas and oil harvesting business, particularly in view of EPA dissatisfaction with
    hydrofracing. The growing pains of a new company include coping with external circumstances such as effects of the frozen earth Canadian winter, and reevaluation of equipment problems. I am impressed by Gasfrac's reactions, extending to Texas to even out production distortions due to Canadian weather, and by the safety- first steps taken to implement equipment problems encountered in early 2011. I am in it for Mid to Long Term.
    Sep 15 01:51 AM | 1 Like Like |Link to Comment
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