There is an inescapable fact in business: those who take risks are the ones who get the rewards. A corollary is this: Those who take the biggest risks get the biggest rewards. And so it is for Meadville (Crawford County), PA company Universal Well Services, a company that specializes in pressure-pumping wells, cementing well pads and other well services. Ten years ago Universal’s business was 100% servicing the needs of conventional oil and gas drillers. The company decided to take a leap of faith–they temporarily suspended their work for conventional drillers and instead worked on a single Marcellus Shale (unconventional/shale) project. It was a huge risk for a relatively small company…
