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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

Post by trader53on Jan 22, 2020 10:51pm
63 Views
Post# 30586313

Spoke to office last week

Spoke to office last weekThrough just general conversation the subject of CNQ came up and it was confirmed that Rpc have had conversations with CNQ. We all know that CNQ could buyout raise from their petty cash box. With the recent additions to the BOD it would make sense that RPC would want some expertise in M&A. If I had to guess my vote is RPC will be bought out by the end of the first quarter. Pricing??? Is anyones guess!
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