SCOTT, La., Nov 18, 2010 (GlobeNewswire via COMTEX) -- ESP Resources, Inc. /quotes/comstock/11k!espi (ESPI 0.15, +0.01, +7.14%) (the "Company" or "ESP Resources"), a manufacturer, blender, distributor, and marketer of specialty chemicals and analytical services to the oil and gas industry, announced the opening of a new district office in Guy, Arkansas for sales and service to the Northern and Central Arkansas and Eastern Oklahoma regions. The regions are home to the Fayetteville Shale on the Arkansas side and the Woodford Shale on the Oklahoma side. These unconventional gas reservoirs can be favorably compared to the Haynesville Shale in Texas and Louisiana, one of the most prolific shale gas formations ever discovered.
The new district office will operate from a 5,500 square foot office and warehouse facility. Managing the operation will be Keven James, who the Company recently hired with over 32 years of operational and sales experience in the production petrochemical industry.
Source: Market Watch
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The Fayetteville Shale, is a black, organic-rich rock of Mississippian age that underlies much of northern Arkansas and adjacent states. It produces natural gas in the central portion of the Arkoma basin.
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