TSXV:DVG.H - Post by User
Comment by
summitkingon Feb 05, 2015 8:07pm
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Post# 23402028
RE:RE:RE:Great new today
RE:RE:RE:Great new todayAt this point it doesn't matter how much the client drills but rather what their current number of producers are. Down the road these motors/pumps may be big enough for new wells but for the time being I imagine they will take the place of pump jacks that go down (rod, string and tubing failures). Great time for this as the whole idea is to lower op costs with this technology, help with netbacks in a low oil price environment.