I don't know what company this is, so I can't tell you for sure what it's like, but there is a pipeline company here that I hope to be working for once I finish up the ratings and get up to their insurance mins.
The company here does not have the 1200tt stipulation, they start at 17/hour and fly 180hp 172's. This operation has good mx and everyone there that I know are just stand up people.
As far as the work goes, one of my buddies flies about 40hrs./week with them at 17/hour, and is done by about 3p.m. everyday, he also flies a Malibu for an oil company every once in a while. I think the other guys are instructors as well, they definitely have enough time to do something on the side.
Yeah it's all day VFR but there are some perks to it. For example with your starting wages at 17/hour and flying 40hrs/week working 50 hours/year you'll make abut 34k before taxes. Not bad, esp. considering you're home every night, but things could come up to cut down on your hours, but say you only get 30hrs. a week and work 50 hrs. a week that's 1500hrs. in a year.
Like I said though, all single engine, day VFR stuff. To some that doesn't matter though, the Chief Pilot has been there about 20 years I think and doesn't have any aspirations to go somewhere else so far as I know.
I don't know about this other company though, I'm just yakkin' about stuff I know a little about. personally I'm looking forward to flying pipeline for a while.