Item 2. Properties
Item 2. PROPERTIES
Our headquarters are located in a 34,570 square foot leased property in Midland, Texas. Additionally, we own two properties in Midland, including a 61,402 square foot property that we use as a field office, equipment and fabrication facility, and maintenance and repair shop, and a 6,600 square foot property that we use as an inventory field office and storage facility.
We lease a 5,181 square foot office in Plano, Texas consisting of office space.
We lease a 15,020 square foot facility in Calgary, Alberta consisting of office, warehouse and shop space.
We lease a 10,800 square foot facility in Wheatland County, Alberta consisting of shop space.
We believe that our existing facilities are being appropriately utilized and are well maintained, suitable for their intended use, and adequate to meet our current and future operating requirements.
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Item 3. LEGAL PROCEEDINGS
For a discussion of certain contingencies and legal proceedings affecting the Company, please refer to “Note 16, Commitments and Contingencies” in the Notes to the Consolidated Financial Statements, which is incorporated by reference herein.
Item 4. MINE SAFETY DISCLOSURES
Not applicable.
Part II
Text extracted from the filing as submitted to EDGAR. Formatting, tables and exhibits are simplified for reading; the original document is authoritative for anything you rely on.