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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 Chincy1on Mar 03, 2015 2:05pm
161 Views
Post# 23484726

waiting game now...

waiting game now...

I also heard from numerous sources that there was very good interest at the KS event...obviously it is a wait and see approach for most investors at the conference. I get that...at this point we are somewhat of a speculation, as results from the testing become clearer, I suspect buying interest will grow. Once the technology is proven out, we should be more viewed as less of a speculation and more of a revenue and growth company. For those that have not thought about the potential, 1% of the rod string artificial lift mkt represents 7500 units. Lets say this seasoned and connected management team can sell and install 750 a year * approx $150,000 per unit (+/- I have heard anywhere from 100k - 200k) = $112,500,000 revenue per year with good margins. Our partner in the test could potential represent a large portion of those sales...that is one company. Use whatever valuation tool you want and the upside in share price is significant. Pie in the sky until the test comes back most are thinking, but to me at the current price, the risk/reward is significant. GLTA C1



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