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RDL Redline Communications Group Inc

0.90
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type
Redline Communications Group Inc TSX:RDL Toronto Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.90 0.89 0.90 0 01:00:00

Hess Corporation Selects Redline Communications for Wireless Networks in Bakken Digital Oil Fields

29/04/2014 12:00pm

PR Newswire (Canada)


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Ubiquitous wireless will enable M2M and big data analysis, increasing operational efficiency and worker safety

TORONTO, April 29, 2014 /CNW/ - Redline Communications (www.rdlcom.com Group Inc. TSX: RDL), a leading provider of mission-critical wireless networks for the oil and gas industry, today announced it has signed a significant contract with Hess Corporation, a leading global independent energy company engaged in the exploration and production of crude oil and natural gas, to provide wireless networks for its operations in the Bakken reserve area of North Dakota. Redline is providing complete turnkey installations of wireless digital oilfield networks, including  engineering services for developing network designs optimized for the complex Bakken topography.

Hess, who is realizing strong production growth in their US properties, has engaged Redline to engineer, design, construct and deploy private wireless networks to bring high-speed connectivity to their oil fields.  This ubiquitous network coverage will allow people and machines to communicate to all Hess systems, regardless of where they are located.

With this new private high-speed wireless network infrastructure, hundreds of vehicles, buildings, drilling rigs, pumps, oil facilities and other assets owned or managed by Hess will be connected via Redline's Virtual Fiber™ technology, creating a unified Digital Oil Field spanning approximately 6400 square miles across its first five focus areas.  Extensive amounts of data will flow from monitoring equipment and video cameras in the field into a centralized location where it will be analyzed in near real-time. This network will give Hess visibility into remote operations, and allow the company to use sophisticated data analysis techniques to identify what parts of the operation require attention, only then dispatching the appropriate personnel to take action.

Under this agreement, Redline will also develop the network architecture and design for Hess's Bakken operation. Redline will deploy the first five focus areas in 2014, with an end-to-end solution that includes Redline hardware and software, plus professional services for network design, planning, construction, project management, installation, delivery and support.  It is expected that similar networks will be deployed in five additional areas in 2015.

"Redline customers universally tell us that having the right network in place is key to creating the kinds of operational efficiencies that lead to increased production," said Robert Williams, chief executive officer at Redline.  "The Hess vision for its digital oilfield is inspiring and will put them at the leading edge of the industry, and Redline is very pleased to be selected as a key technology partner."

The Virtual Fiber™ wireless network will be built using Redline's nomadic (Rapid Alignment System) RAS™ platform, RDL-3000 and eLTE-MT systems. Rugged, reliable and secure, these wireless broadband systems are specifically designed by Redline for harsh environments and engineered and built to the exacting standards required by the energy sector.  Redline's network system offers the ability to instantly adjust to the living oilfield as a whole - whether the network use is coming from drilling, well monitoring, video surveillance, or individual's accessing the internet or corporate systems. Both people and machines share a single Redline network, acquiring and keeping high-speed secure connections even as they move across the property. With customers across the globe, Redline leads the industry in delivering turnkey end-to-end wireless solutions for oil and gas operators.

About Redline Communications
Redline Communications (www.rdlcom.com) is the gold standard for industrial wide area communications in Oil and Gas, with multi-purpose wireless networks that enable digital oilfields across the globe. Major producers worldwide rely on Redline to engineer, plan and deliver secure and reliable networks for their drilling and production, delivering M2M, voice, data and video communications to increase productivity.  For more information visit www.rdlcom.com.

Forward Looking Statements

Certain statements in this release may constitute forward-looking statements or forward-looking information within the meaning of applicable securities laws.  In some cases, forward-looking statements can be identified by terms such as "could", "expect", "may", "will", "anticipate", "believe", "intend", "estimate", "plan", "potential", "project" or other expressions concerning matters that are not historical facts.  Readers are cautioned not to place undue reliance upon any such forward-looking statements.

Such forward-looking statements are not promises or guarantees of future performance and involve both known and unknown risks and uncertainties that may cause the actual results, performance, achievements or developments of Redline to differ materially from the results, performance, achievements or developments expressed or implied by such forward-looking statements. Forward-looking statements, by their nature, are based on certain assumptions regarding expected growth, management's current plans, estimates, projections, beliefs, opinions and business prospects and opportunities (collectively, the "Assumptions").  While the Company considers these Assumptions to be reasonable, based on the information currently available, they may prove to be incorrect.

SOURCE Redline Communications Group Inc.

Copyright 2014 Canada NewsWire

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