Talks about doubling the North America pumping fleet - 10,000 pressure pumps on order?
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transcript from this morning's investor call says effort to change ownership model of NA PP continues, I.e., they are working on offloading it.
This post gets wins the most b.s. award for the week. From what I've seen and heard BHI is still trying to sell PP despite the GE merge. That means GE probably intends to start pumping from scratch. Good move, because BHI has turned a previously successful BJ into poison.
10,000 pressure pumpers at just over a million each . .............do the math.
How are they going to pay for 10,000 pumps? Baker is about bankrupt, haven't had a raise from these sorry BASTARDS for three years!
Bhajis, korma & naans to celebrate
Bummer