Increased EPS for safeguarding while safety in oil exploration expands to ramp up oil production growth... partners include Petrobras, Devon, Conoco, Chesapeake, Chevron, Shell, and Oxy among others. The provide emergency response to oil wells.
“Our success in increasing Boots & Coots’ presence as well as integrating the company’s service lines occurred in several markets and was led by strong Safeguard operations during the quarter,” stated Jerry Winchester, president and chief executive officer. “We expect the opportunities afforded to us from our strategic investments of the funds from last year’s equity offering, along with strong domestic and international markets, will continue to benefit the company through the rest of this year and into 2009.”