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David Demshur, Chief Executive Officer, and Richard Bergmark, Chief Financial Officer of  Core Laboratories (NYSE: CLB) presented today at EnerCom’s The Oil & Services Conference™ 13. Core Laboratories N.V. ( is a leading provider of proprietary and patented reservoir description, production enhancement, and reservoir management services used to optimize petroleum reservoir performance. The Company has over 70 offices in more than 50 countries and is located in every major oil-producing region in the world. Its Shareholder Capital Return Program has returned more than $2.0 billion to its shareholders in the last 12 years.

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

  • Your fluids revenue seems to grow faster, is that due to the growth in unconventional?
  • What do you see as your addressable market?
  • What do you consider your needle mover
  • You mentioned 2008-2009, what happened to your margins in 08-09?
  • A lot of US E&P’s are delaying in hopes of negotiating lower service contract prices, how do you feel that might affect your guidance?
  • Can you articulate your position of why you are more bullish on oil?
  • Marshall (Atkins, Raymond James) commented on increased US production. How do you feel about that?
  • It seemed during our last conference call that not all of your clients know about all of your services, is that the case, and is that an opportunity?
  • What is the employee count for your production enhancement in the US?
  • What is your model, low cost or proprietary, and how might they fit together?
  • How do you feel about the possibility that oil prices go through the roof?
  • Can you talk about your pricing model?
  • Onshore vs. offshore, how do you see that playing out
  • Why do you think the Gulf of Mexico is going to be the most active it’s been? And how much of you deepwater business is in the Gulf?
  • Can you comment on renewable and their competitiveness at high oil prices?

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