Black Warrior Wireline Corp. - BWWL- Profile

Black Warrior Wireline Corp.. The Group's principal activity is to provide various services to oil and gas operators. It operates through two business segments: Wireline services and Directional drilling services. The Wireless services segment consists of two business units that perform various procedures to evaluate downhole conditions at different stages of the process of drilling and completing oil and gas wells. The Directional drilling segment performs procedures to enter an oil producing zone horizontally, using specialized drilling equipment, and expand the area of interface of hydrocarbons which enhances recoverability of oil. This segment is also involved in oil and gas well surveying activities. The principal markets include all major oil and gas producing regions of the United States. Wireline services accounted for 60% of 2002 revenues and Directional drilling, 40%.