Mabwe Minerals, Inc. (MBMI): Enhancing Safety in the Oil & Gas Industry
Many people probably recall seeing an old movie showing an oil gusher. When the drill bit breaches the high pressure zone containing hydrocarbons, the oil travels up the well at a very high rate, forcing out the drill string and creating a gusher that shoots 200 feet or higher into the air. The oilmen, happy upon discovering their new-found wealth, are joyfully splashing about in the oil. Of course, the Hollywood reality is quite far removed from the reality as this gusher, more properly known as a blowout, typically was fatal to the workers involved in the drilling as flying…