LONDON, Jan. 26, 2015 /PRNewswire/ -- TouGas
Oilfield Solutions will present at CleanEquity Monaco 2015 on
March 5th & 6th at the
Oceanographic Museum of Monaco.
Logo - http://photos.prnewswire.com/prnh/20150125/171172LOGO
CleanEquity Monaco is an annual invitation-only event hosted by
Innovator Capital, the London
based boutique investment bank. Other partners and sponsors include
Prince Albert II of Monaco's Foundation, Covington & Burling,
Porto Novelli, PR Newswire, Cranfield University, the Monte-Carlo
SBM, Oceanographic Museum of Monaco and Monaco Chamber of Economic
Development.
TouGas Oilfield Solutions has been identified by an expert panel
as one of the world's most innovative cleantech companies and has
been selected to present to senior financial and strategic
cleantech investors, policy makers, legislators, end users and
media.
In addition, TouGas Oilfield Solutions announced today that the
company's products have been successfully deployed in a hydraulic
fracturing operation in China. A
successful hydraulic fracturing operation executed by Petro-king
Oilfield Services has confirmed the environmental and economic
benefits of the TouGas technology.
"I am pleased to report about this successful field deployment
in such a rapidly growing market like China. We have demonstrated that TouGas can
help our customer to reduce the environmental impact of hydraulic
fracturing while further improving their competitiveness," says Dr.
Tore Land, CEO of TouGas Oilfield
Solutions.
"We have been deeply impressed by the excellent technology
position of TouGas and its focus on developing customer specific
solutions. After having pumped commercial quantities of fluid with
TouGas product we can confirm significant customer benefits. These
products reduce the consumption of fresh water, eliminate the need
to use any biocides and offer the potential for cost reduction and
improved well productivity. This is an attractive value proposition
for customers in the oil and gas industry," says Mr. Lin JingYu,
Vice President of Petro-king Oilfield Services, responsible
for the production enhancement division.
About TouGas Oilfield Solutions
TouGas Oilfield Solutions develops and commercializes
proprietary products and related services for well stimulation,
hydraulic fracturing and enhanced oil recovery. TouGas is
headquartered in Frankfurt
(Germany) and serves an
international customer base in the oil and gas industry
(www.tougas-oil.com).
About Innovator Capital
Innovator Capital is a boutique investment bank advising
emerging technology companies from around the world. Established in
2003, Innovator focuses on the provision of expert strategic and
capital markets advice, transaction arranging and M&A services
for private and public companies.
www.cleanequitymonaco.com
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SOURCE Innovator Capital