Stormont is representing the sale of a Canadian oilfield technology company that has commercially developed a patent-pending automated rod-lift system for use on screw pump (progressing cavity pump) applications.
This system enables the well operator to perform oil well Rod-Lift preventative maintenance procedures remotely, as frequently as required, without any disruption to oil production, and without the need for a Flushby unit or Service Rig. Thus, saving downtime and service costs, with the additional benefit of enhancing field worker safety.
This is a unique opportunity for a Strategic Buyer with the commercial infrastructure and sales force to fully realize on the economic potential of this technology.
Contact for more information:
Dave Munro
403-452-5532
dmunro@stormontenergy.com
