Further Acquisitions

Triple B Oilfield, Inc. continued to expand its business by acquiring a hotshot/trucking company, providing the company with four semi’s and four hotshot trucks with trailers. Before the year was complete, the company had increased its trucking division to include nine semi’s (one including a fork lift loader), and started work in drilling operations. This rapid expansion also forced the company to expand again – this time by moving its entire operation onto eight acres of land, with over 15,000 square feet of building space. Company revenues exceeded $13 million dollars for the fiscal year.