ESP Resources, Inc. Announces Record Monthly and Quarterly Revenues for the Period Ending June, 2010
Monday, Jul 19, 2010
ESP Resources, Inc. (OTC Bulletin Board: ESPI) announced today that sales volumes for the month of June produced record revenue numbers, with more than $500,000 in total revenue.
After producing record sales volumes for the first quarter of 2010, ending March 31, with more than $1 million in quarterly sales revenue, ESP is reporting that sales volumes for the second quarter, ending June 30, have exceeded $1.3 million.
The opening of a new District Operation in Longview, TX during the first quarter of 2010 for the supply, sales and service of Petrochemicals to Oil and Gas companies located in the Northeast Texas, Northwest Louisiana, and Southern Arkansas regions contributed significantly to sales revenue increases. The region is home to the Haynesville Shale formation - one of the most prolific shale gas formations ever discovered.
"The opening of our Longview, TX facility and the deployment of an aggressive sales strategy for the area has produced very positive results for ESP during the second quarter of 2010. Our product line has gained very favorable response from the oil and gas companies operating in the region. Sales of our petrochemical products in this region have increased significantly," said David Dugas, President of ESP Resources, Inc. "Our plan of an aggressive expansion of the new district operations for the remainder of 2010 and 2011 is obviously producing favorable results with the significant increases in our sales volumes."
Source: PR Newswire





Bookmark with: