Entropy Modulation has provided
supply chain services to Penwell Energy and Pedernales Energy Company. Tony
Massoth, Vice President of Operations for both companies, offers these
comments:
“Joe
Abell at Entropy Modulation assisted us in the procurement of casing and tubing
for a well in our Sour Lake field. He prepared a request for proposals that was
sent to 6 pipe distributors, received 6 bids and evaluated them for us,
negotiated improved pricing, prepared master service agreements for the
short-listed bidders, finalized the order, oversaw the threading and inspection
process, and then reviewed invoices against agreed price terms. We will definitely use Joe on our future wells and look for
other ways he can add value to our operations.”
In addition, Entropy Modulation has assisted several energy private equity firms in identifying, screening, valuing and/or negotiating acquisition targets.