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Competition / Competitors The markets in which we operate are highly competitive. To be successful, a company must provide services and products that meet the specific needs of oil and natural gas exploration and production companies and drilling services contractors at competitive prices. We provide our services and products across South Texas, East Texas/North Louisiana and Western Oklahoma, and we compete against different companies in each service we offer. Our competition includes many large and small oilfield service companies, including the largest integrated oilfield services companies. Our major competitors for our fracturing services include Halliburton, Schlumberger, Baker Hughes, Weatherford International, RPC, Inc., Pumpco, an affiliate of Complete Production Services, and Frac Tech. Our major competitors for our coiled tubing services include Halliburton, Schlumberger, Baker Hughes and a significant number of regional businesses. We believe that the principal competitive factors in the market areas that we serve are technical expertise, fleet capability and experience. While we must be competitive in our pricing, we believe our customers select our services and products based on a high level of technical expertise, local leadership and shale knowledge that our personnel use to deliver quality services and products.