December 2017 Taylorsville, MS
Enhanced Capital made debt investments in Mississippi companies, Magnolia Energy Services, LLC (MES) and River and Roads Directional Drilling LLC (RRDD), that facilitated equipment purchases, working capital, and additional job opportunities. The investment was through the Mississippi Small Business Investment Company program in December 2017.
Together MES and RRDD provide important, complementary services in the oil and gas sector. Based in Taylorsville, MS, MES serves the niche construction needs of pipeline owners and manages preparation, restoration, and maintenance for pipelines across North America. RRDD of Laurel, MS, is a full-service directional drilling and road bore contractor serving the oil, natural gas, CO2, and municipal markets in 42 states. More information about MES and RRDD.