Tag: fracking
Energy Recovery $ERII Scores Huge Contract…
Energy Recovery $ERII Just Hit The Jackpot… Pressure energy technology provider, Energy Recovery $ERII, just landed a huge contract with oil field services giant Schlumberger $SLB. In exchange for exclusive rights to $ERII’s VorTeq hydraulic pumping system for the next 15 years, $SLB is forking over $125 million in upfront payments to $ERII, plus annual […]
Hydraulic Fracturing: Down For The Count?
Hydraulic Fracturing Industry Backed Against The Wall… Did you hear this remarkable announcement? According to an executive at Weatherford International $WFT, one of the largest oil services companies in the world, half of the 40 operating hydraulic fracturing service providers in the US will likely be bankrupt or sold by the end of this year! […]