Cleantek Industries Inc V.RPC

Primary Symbol: GLKFF

Energy

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

Cleantek Industries Inc > Hopefully they can find at least one other company besides

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Comment by rustycaton Jan 29, 2020 12:23am

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Post# 30612055

RE:RE:Hopefully they can find at least one other company besides

I agree and expect avarice to carry the day. I doubt they (Stark and McHardy) have much interest in wells that are kaput and spending time and money to bring them up to 20 bbls a day, when there is so many other ways for them to make pocket money. ELS has a member on the board and over 10% ownership in the stock, I doubt they are going to be pushed in a corner by RPC. RPC's hope is to get several bidders to the table, guess we'll see if they can do that.

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Southern Ontario mineral processing operation receives green fund support