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The Company provides proprietary and patented reservoir description, production enhancement and reservoir management services to the oil and gas industry.
New efforts will be stymied in 2013 for awhile while corporations and individuals get their sea legs in the new tax environment. Because of this it will take awhile for new business investment to take hold and gain footing. Since CLB depends on other corporations for its business, it will be slower going while the readjustment process occurs.
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