Infill Thinking Lifting the O&G knowledge curve
Clearly, based on the following table, the PPP loan program provided a material source of capital for many smaller firms in the US oilfield at the cyclical bottom, specifically those in the often ignored frac supply chain. Good!
We are happy to see that employees in this critical segment of US O&G development were able to get some relief in the darkest moment this industry has ever experienced. And we hope this funding was used to keep many talented and hardworking folks whom we call friends in their seats through this tough time….
There’s a lot more to this story…
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