Throughout Texas there remain a multitude of plants and pipelines
for natural gas. Many have traded hands over the years from larger
operators to smaller operators, from smaller to larger, been retired
and some simply forgotten. Further, in an ever-changing drive toward
new goals, shifting priorities and corporate focus, pipeline assets
inevitably become unprofitable (or at best stagnant), unattended
and simply unimportant. These factors continually pose new opportunities
and possibilities for nimble, flexible and creative companies that
can foresee and create value in the resulting voids. With diligence
and persistence profitable acquisitions can be identified and consummated.
Mr. Allard's twenty years experience in the business, especially
in and around West Texas afford him a vast knowledge of the systems,
companies, and personnel integral in identifying, negotiating and
closing on such transactions. As the owner of Pioneer from its outset
in 1990, Pioneer has aggressively pursued seemingly distressed,
or at minimum unwanted underutilized systems.