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Divergent Energy Services Corp V.DVG

Divergent Energy Services Corp. provides fluids management products and services for the water, gas, and oil industries, through its wholly owned subsidiary, Extreme Pump Solutions LLC. The Company is engaged in the business of providing artificial lift products and services to its clients in the oil and gas industry in the Northern Mountain States in Wyoming and Colorado, United States. Its artificial lift system consists of electric submersible pump (ESP) systems, which are designed for downhole conditions of temperature, pressure, abrasives, excessive gas, scale, and variable flow rates. The Company’s electric submersible pump (ESP) systems are used in motors, seals, pumps, sand management, gas management, downhole sensors, variable speed drivers, and cables and motor leads. The Company’s business operations in the United States provide submersible pumps, drives and electronic controls across Wyoming, Northern Colorado, and Southern Montana.


TSXV:DVG - Post by User

Post by tuayaion Mar 27, 2017 3:17pm
100 Views
Post# 26037187

Year end results and Linear Pump update.

Year end results and Linear Pump update.A few highlights from year end results (mar 24th release)

Linear Pump is almost or already back in the ground.  
"The issue has been identified and a corrective measure will be implemented with the next installation, planned before the end of March 2017. We are encouraged by the continued interest in the Linear Pump by industry participants, and we believe results of the current installation will help to create momentum towards commercialization."

If the pump operates as expected then, sales aren't far away...
"Testing and product development has been conducted in a Saskatchewan oil well, and the product line is expected to begin generating revenue in Q3 2017."
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