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Global Energy Services Granted US patent on Activator Hydraulic Submersible Pump
Tuesday, March 31, 2009
Calgary -- Global Energy Services Ltd. ("Global Energy") (GLK - TSX Venture), announces that that the United States Patent & Trademark Office issued Patent No. 7,431,572 B2 specifically relating to it's Activator downhole hydraulics submersible pump.
The Activator HSP is a leading dewatering technology used to prolong the life of water prone gas wells. The United States is one of the biggest market opportunities for the Activator HSP given the large amounts of mature gas wells and growing shale gas wells for which the Activator HSP is ideally suited.
"This patent in the United States protects our leading technology in a huge emerging market," said Derek Begin, President and CEO. "Our continued success in both Canada and United States, with patent protection throughout North America, positions Global Energy with a solid foundation and future."
Effective immediately, Global Energy also announces the resignation of Farhan Farshori, Vice President of Corporate Development. We thank Mr. Farshori for helping grow the Activator HSP and Production Services product line and wish him the best in his future endeavors.
We have a new link on our website to a segregated Global Energy Services Ltd. page on www.StockResearchPortal.com where you can access incremental data on Global Energy Services not available on our website. That data includes Insider Trading, Price Performance Charts, Volatility Charts, Moving Average Price Charts, Director & Officer Corporate Cross-References, and Latest eight Quarter Financial Schedules.
About Global Energy Services Ltd.
Global Energy Services Ltd. is an innovative oilfield service company that provides production services and communications solutions to the oil and gas industry. The production services segment utilizes its patented Activator hydraulic submersible pump to enhance gas production in conventional gas, oil wells and coal methane wells. Global was founded in 1994 and is listed on the TSX-V.
More information about Global Energy Services can be found at http://www.global-energy.ca.
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