Why Is An E&P Recovery Slow to Materialize?

Why Is An E&P Recovery Slow to Materialize?

The U.S. economy is booming, but why is the E&P industry lagging? While the rest of the U.S. economy is enjoying one of its longest bull runs in modern history, the same, unfortunately, cannot be said for the E&P industry where the road to recovery continues to be challenged, especially…

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Author Profile
Director - Dacarba’s Restructuring

Glenn Sniezek is a Director in Dacarba’s Restructuring practice. He has over 20 years of public accounting, corporate finance and restructuring experience and has provided interim management and advisory services to both public and private companies in the energy, oilfield services, retail, manufacturing and transportation industries. Glenn has significant experience in cash management, preparation and review of financial forecasts, budgets and long-term business plans, integration and transition for mergers and acquisitions, troubled debt restructurings and bankruptcies. Mr. Sniezek earned B.S. degree in Accounting from Rutgers University. 

3 Ways Technology is Going to Shape the Oil and Gas Industry Free to Download Today

Oil and gas operations are commonly found in remote locations far from company headquarters. Now, it's possible to monitor pump operations, collate and analyze seismic data, and track employees around the world from almost anywhere. Whether employees are in the office or in the field, the internet and related applications enable a greater multidirectional flow of information – and control – than ever before.

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