We had a mix up for our December 8th luncheon, but it has been resolved.
Matt Fleming, an EPG member and CEO of a new oilfield services firm will be speaking. Matt will have details on how drilling activity is picking up all over Texas.
About SMG Indium Resources (OTCQB:SMGI), soon to be renamed SMG Oilfield, is a publicly traded oilfield service company headquartered in Houston that operates throughout Texas. On September 19, 2017, SMGI acquired 100% of MG Cleaners LLC. a 15 year old company focused on selling proprietary branded products including detergents, surfactants and degreasers such as Miracle Blue™, to oilfield drilling rig contractors and E&P companies. In addition, the Company sells equipment and parts and has service crews that perform on-site repairs, maintenance and drilling rig wash services for leading customers such as Nabors Industries, Patterson-UTI, Helmrich & Payne, and Cactus Drillings. SMGI’s recent earnings release announced a 50% increase in revenues for the Q3 2017 vs Q3 2016 and EBITDAX grew to $245k for the quarter. CEO Matt Flemming will be speaking at the Energy Prospectus Group luncheon on December 8, in Houston.
Read more at www.smg-indium.com and www.mgcleanersllc.com.
Dec 8 Luncheon at The Hess Club in Houston
Dec 8 Luncheon at The Hess Club in Houston
Dan Steffens
Energy Prospectus Group
Energy Prospectus Group