Georgetown Corp. (GTCP) Bets on Global Oilfield Services for Robust Growth
2012年10月2日 - 11:00PM
ビジネスワイヤ（英語）
Georgetown Corp. (OTCBB: GTCP) is an oil firm that is booming
because of technological advances such as “directional drilling.”
Three months back Georgetown Corp. announced the formation of
Synergy Oil Tool & Supply LLC, a new wholly-owned subsidiary
established to provide oilfield equipment to both independent and
major oilfield companies. The orders started flowing in almost
immediately. The first sale was for joints of used Double-White
Band Drill Pipe and Hexagonal Kelly Drive Bushings Rollers. Read
the full story here. This was followed by an order worth $447,778
for sale of various oilfield items. Georgetown Corp.'s new
subsidiary has also been putting together an experienced management
team headed by the new President, Gary Haub. The newest hires
include Happy Wells and Michael Marshall to the board of Directors
and James Guy Tucker as Chairman.
Happy Wells is the CEO of Private Jets Inc., which provides
charter services to business and individuals. He is also the
Managing Member of General Operations, LLC and Security Jets, LLC,
a private FBO two hanger complex. Mr. Wells has served as a board
member for both private and public companies, some of which
operated in the oil and gas sector.
Michael Marshall is the CEO of Oklahoma Rig Fabricators, LLC and
Five Star Rig & Supply LLC, and sits on the Board of Directors
for the Canyon Drilling Company. He has over 35 years of oilfield
experience in the drilling services and supply side of
business.
James Guy Tucker is a political figure from the state of
Arkansas. He has been a founder, investor, and Chairman of multiple
successful companies in the United States and Asia since 1982. Mr.
Tucker is well versed in the understanding of all types of public
companies.
Recently Georgetown Corp. announced the formation of another
subsidiary, Synergy Services USA, LLC (Synergy), which would target
oil and gas producers in North America and the Gulf of Mexico for
ongoing servicing of producing wells and new drilling activity.
Detailed story is here.
Georgetown Corp. strongly believes in the latent potential of
the oilfields industry. According to GBI Research, the global
market for oil field services is expected to become a $200 billion
industry by 2015. Establishment of Synergy has thus been a step in
the right direction.
"With the addition of Synergy Services USA, we are moving closer
to our goal of creating a company with a vertical integration
strategy which will result in overall operational efficiencies, and
provide additional services to our existing clients," said Carl
Swan, CEO of Georgetown Corporation about Synergy.
About Georgetown Corp.
Georgetown, through its subsidiaries, is a provider of oilfield
services and equipment to independent and major oilfield companies
in exploration, production and development of oil and gas
properties, domestically and in selected international markets. The
Company plans to continue its growth organically, search for new
acquisitions, and expand geographically. For more information on
the company, visit www.georgetowncorp.net
Disclaimer
This press release is for information purposes only, and is
neither a solicitation to buy nor an offer to sell securities.
Information, opinions and analysis contained herein are based on
sources deemed to be reliable and are subject to change without
notice.
Georgetown (CE) (USOTC:GTCP)
過去 株価チャート
から 11 2024 まで 12 2024
Georgetown (CE) (USOTC:GTCP)
過去 株価チャート
から 12 2023 まで 12 2024
