Oct 10 (Reuters) - Gasfrac Energy Services Inc :
* Provides operational review update and third quarter 2012 conference call
information
* Overhead staffing in the Houston office has been reduced from 16 to a sales
and engineering team of six
* Canadian staffing levels have been reduced by 20% to a level to support three
sets of equipment
* Says board has engaged a search firm to locate a new chief executive officer
* Sees revenue for Q3 to be approximately $40 million with approximately $25
million from canada and $15 million from the US
* Source text * Further company coverage ((Bangalore Newsroom; +1 646 223 8780))