Pat Young, owner, Patloc Safety Systems, gives a brief overview of his path from roughneck to inventor to business owner in the Bakken. He also explains how PatLoc Safety Systems survived the downturn and came out with a new product that is catching on in Shale Play USA.
Young talks about their customer and how they are organically expanding into other areas outside of the oil and gas industry. As well as an gives a boots on the ground update from Main Street in Watford City.
He also opines on how the oil industry is a great arena to start a business and how millennials are making an impact.
Bob Donner, founder, Freedom Manufacturing, gives a history of his company and their current state.
“The Essence of Capitalism” is discussed, and how the energy industry seems to continue to foster capitalism at its core.
How the industry and downstream industries will look after the Big Crew Change and Retirement Shift is talked about too.
The interview also discusses innovation and technical advancements in manufacturing as well as rethinking public relations within the oil and gas industry.