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Cleantek Industries Inc V.RPC


Primary Symbol: GLKFF

Raise Production Inc is an oilfield service company that focuses on the production service sector, utilizing its proprietary products to enhance and increase ultimate production in both conventional and unconventional horizontal oil and gas wells. It provides in-house design, manufacture of patented devices, reservoir analysis, and other related services. The company segments include Raise Efficient Artificial Lift system, Horizontal Artificial Recovery Technology and Corporate. It derives maximum revenue from the Raise Efficient Artificial Lift system segment. Geographically, it generates a majority of revenue from Canada and also has a presence in the US and Romania.


GREY:GLKFF - Post by User

Bullboard Posts
Comment by tankingfrankon Aug 21, 2014 8:12pm
357 Views
Post# 22867337

RE:Buyer Beware

RE:Buyer Bewaremost definitely not worth 250 million.. anyone know which operator is testing it.  i can see this below a buck pretty soon.. with the component failure they will basically have nothing till they source new components and get back into a wellbore and test again. sounds like a long wait........ is it worth 120 million.. even if it works is it going to be economic.. i think cpg uses compressors.
Bullboard Posts