We always relish learning what makes great leaders tick, and we were particularly delighted to hear from Mr. Reeves yesterday as privately-owned Rubicon is off to a remarkably strong start (company established in 2015; first acquisition closed in May 2016; ~900 employees today) on the path toward its vision of building a global downhole products and equipment company. Rubicon’s wellbore-centric products portfolio offers both drilling solutions (e.g., drilling enhancement tools, downhole power systems, drill bits) and completions solutions (casing & reaming shoes, centralizers, wellbore clean-up tools) and is highly levered to our OFS thematic investment sweet-spot driver of footage drilled/completed. Mr. Reeves shared his insights into leading/managing a global company (Rubicon products sold into 54 countries) and delivering value to a diverse set of (E&P and OFS) customers in both North American and international unconventional/conventional plays. Perhaps most impressive is that Rubicon’s executive management team, most of whom worked together earlier in their careers at leading oilfield service and capital equipment companies and had the benefit of conceptualizing and starting Rubicon with a blank sheet of paper, has inculcated a corporate culture and set of values (the “Rubicon Intolerables”) which are about as impressive as we’ve ever encountered. Rubicon isn’t (yet) a household oilfield brand…but we surmise that it is well on its way to becoming one in the years to come.