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Expedi is re-inventing rig servicing for the North American oilfields. Called the Amazon meets Uber for shale drillers, Expedi has created a fully on-line, rapid-delivery means of supplying critical parts to keep rigs up-and-running 24/7. Expedi provides over 200,000 critical parts and supplies, with complete transparency on price, supplier choice, and availability through their online website. Their innovative supply chain model has created a business that delivers the right part, at the right time, overcoming a fundamental challenge for the industry. Staffed by experts with rig management experience, backed by innovative technology, Expedi is able to deliver an incredible service at a lower cost than traditional suppliers. Tim Neal is a young veteran of the oil industry, having spent the last four years at Beijing, CN based drilling rig manufacturer TSC, where he was head of business development and strategy. Expedi was started 12 months ago backed by a handful of industry veterans in the oil market. Its mission is to modernize MRO services for the upstream oil and gas industry.
Candor will provide customized low cost midstream solutions that include low/high pressure gas gathering, processing, NGL markets, treating, oil and gas blending, salt water gathering, handling/recycling, and disposal, oil gathering, terminaling and stabilization, among other solutions.
NuVista is an oil and natural gas company actively engaged in the exploration for, and the development and production of, oil and natural gas reserves in Western Canadian Sedimentary Basin. NuVista’s primary focus is on the scalable and repeatable condensate-rich Montney formation in the Wapiti area of the Alberta Deep Basin. This play has the potential to create significant shareholder value due to the high-value condensate volumes associated with the natural gas production and the large scope of this resource play. 2012 was a pivotal year for NuVista, repositioning the company from an acquire and develop business model to a business model focused on its Wapiti Montney play with strong economics, repeatability and scale. The focus of 2012 and 2013 was on delineation drilling and follow-up drilling to identify development drilling opportunities. The focus of 2014 is executing on a development program primarily in it Bilbo (South) Development Block and adding new infrastructure to increase processing capacity.
JMD Properties is a Delray Beach, FL-based company in the Energy and Utilities sector.
Turnaround Management Co is a Houston, TX-based company in the Energy and Utilities sector.