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Current ALYE Stock Info

Munawar “Micki” H. Hidayatallah, the Chairman & CEO; Mark C. Patterson, President and COO; and Alya Hidayatallah, CFO of Aly Energy Services, Inc. (OTCBB: ALYE), presented today at EnerCom’s The Oil & Gas Conference 20®.

Aly Energy Services, Inc., through its subsidiaries Aly Operating, Inc. and Austin Chalk Petroleum Services Corp., is a provider of high performance, explosion-resistant rental equipment and quality assurance services for land-based horizontal drilling. Austin Chalk offers a robust inventory of surface rental equipment as well as roustabout service, which is responsible for delivery of equipment and rig-up on well sites.

The company services the Eagle Ford Shale and Permian Basin, and recently expanded into the New Mexico Permian Basin, Mississippian Lime and Tuscaloosa Marine Shale formations.

During the company’s breakout session, management was asked the following questions:

  • Will the expected utilization stay the same?
  • Do you see any opportunity in this down cycle?
  • What are the greatest changes you’ve noticed now as opposed to last year?
  • What is the most typical feedback you receive from customers regarding service prices?
  • Can you talk about how you have successfully raised equity to date?
  • Which part of your three point strategy do you believe is most important?
  • When do you expect to see rig counts recover?

Click here for the webcast.


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