Global Energy Services Ltd. receives $1.6 million pump order from a gas producer
Wednesday, August 13th 2008
Global Energy Services Ltd. announce a major gas producer has placed an order in excess of $1.6 Million for several Activator hydraulic submersible pumps and associated components.
Over the next several months, the pumps will be installed in the gas producer’s conventional gas and Coalbed Methane (CBM) wells in Alberta. The producer selected Global’s patented pump for three primary reasons: increase in gas production after utilizing the pump, the pump’s strong performance in low fluid rate and low pressure gas wells, and the pump’s ability to utilize wind and solar power in the future.
“We are pleased to receive this order as it demonstrates our patented pump is gaining traction,” said Derek Begin, President and CEO of Global Energy Services. “Our pump is well positioned in both North American conventional gas and CBM market as we continue to prove its ability to work superiorly in mature low pressure gas wells.”
Global Energy Services Ltd. is an innovative oilfield service company that provides production services and communications solutions to the oil and gas industry. The production services segment utilizes its patented Activator hydraulic submersible pump to enhance gas production in conventional gas and coalbed methane wells. Global’s communications segment provides a complete suite of integrated products and solutions specifically suited for the oil and gas industry. Global was founded in 1994 and is listed on the TSX-V.
More information about Global Energy Services Ltd. can be found at http://www.global-energy.ca
