Caddo International has released a company update and announced that the company has seen steady growth.
Caddo International, Inc. (Caddo) is a Nevada corporation doing business in Oil City, Louisiana. As an oil field Service Company it provides a variety of services, including well servicing, connections, roust about, and lease maintenance. It currently has 3 pulling units, capable of servicing wells up to 3,000 foot deep. It also has two swabbing units, a vacuum truck, a steam truck, winch trucks, bucket trucks, and various other pieces of equipment. Caddo has approximately 15 employees.
Caddo's will continue to provide contract services for local oil and gas producers, and to continue to improve its services and equipment. At the same time it actively seeks to exploit new oil field technologies, and make strategic partnerships with other companies. Caddo is also in the process of spinning off two subsidiary companies in order to instantly increase shareholder value. One of which is a drilling company that has a fully equipped drilling rig, and has already drilled over 9 oil and gas wells, and two salt water disposal wells. It has been contracted to drill several more and sites explosive type growth.
Mario Lanza is Caddo's President & Director and has over 8 years of experience in the Oil Industry. Having started as a rig hand, he has experience in various facets of the business from the bottom up. Mr. Lanza has also had prior experience with public companies, serving as an officer and director for several companies, as well as owning and managing several of his own businesses. In 2005, Mr. Lanza became the corporate secretary for Petrol Industries, Inc. and in 2007 became its president. Now as the President of Caddo International he seeks to continue to expand and improve the services that the company provides, while exploring other opportunities to improve shareholder value.
Thomas Neeley is Caddo's Secretary & Director, served in the US Army from 1946 until issued Honorable Discharge in 1948. Attended Multnomah College-Portland, Oregon and Lewis & Clark College-Lake Oswego, Oregon in 1948-1951. Mr. Neeley served as City of Portland Traffic Engineer from 1952 until retirement in 1983. Since retirement has served as Director and or Officer of several corporations including Maesa Petroleum, Inc., OMDA Oil & Gas, Inc. and Black Dragon Resource Companies, Inc.
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