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Divergent Energy Services Corp V.DVG.H

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.H - Post by User

Post by CmfrtblyNumbon Apr 16, 2014 11:53pm
208 Views
Post# 22461656

ESP?

ESP?Forgive my ignorance, but is this production technology simply an ESP? Should that be the case, what advantage does the COTS system provide over the Schlumberger and Baker line of ESPs? As a producer I would have more faith in the global companies that have run hundreds of thousands of ESPs in most every situation that can be imagined. From their website it appears the ESP is only one aspect of their business, while construction and pipeline are their bread and butter. Am I missing something?
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