Epic Energy Resources announced that Pearl, a wholly owned subsidiary of Epic, has received three new projects with independent and major oil and gas companies.
Pearl has been awarded a new project to provide Measurement, Calibration & Trouble-Shooting services in Oklahoma for an existing client through the end of 2009. Pearl will be providing a team of Measurement Technicians, with a start up date of June 1st. Additionally, Pearl was awarded a contract from a major oil and gas company with operations in the Rockies to be the company's preferred provider of Meter Calibration and Gas Sampling services for various counties in Wyoming. Lastly, Pearl has been awarded a contract to provide Engineering and Construction Management services for the expansion of a gas processing plant in North Louisiana. The three projects are estimated to bring the total cumulative revenue for 2009 of over $1,500,000.
In making the announcement, Epic Energy Resources' President and CEO John Ippolito stated, "The Epic organization is unified in its focus of delivering new revenue opportunities by delivering industry leading products and services, and meeting or exceeding the expectations of our clients. Although the energy industry is still contracting in some areas our management team is committed to aggressively expanding market share, solidifying client relationships, building new relationships, and proactively capitalizing on new opportunities with our industry partners."
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