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GASFRAC Energy Services Inc. (GFS) (GSFVF)

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Last Post: 10/13/2017 4:09:07 PM - Followers: 24 - Board type: Free - Posts Today: 0

GASFRAC Energy Services Inc.

(Trading on the TSX-V as "GFS")

GASFRAC Energy Services Inc’s. proprietary LPG (Liquefied Petroleum Gas) Fracturing Process utilizes gelled LPG in place of conventional fracturing fluids. The unique properties of the LPG fracturing process result in significant savings on material expenses and fracture clean up, as well as increased well productivity.

The gelled LPG used in the fracturing process has the ability to both generate the necessary fracture system, carry the proppant through the wellbore and place into the oil and gas reservoir being stimulated.

The LPG used in the process is highly soluble in formation hydrocarbons. As a result, the LPG process results in less damage to formations than conventional hydraulic fracturing. And unlike conventional treatments where as much as 50% of the carrier remains in the reservoir and hinders well performance, virtually 100% of the LPG can be recovered.

GASFRAC’s LPG Fracturing Process

Oil and gas producers use fracturing to increase the conductivity of an oil or gas zone within a reservoir to improve production and recovery of hydrocarbons.

The most common reservoir stimulation is hydraulic fracturing, whereby viscous fluid with suspended proppant (grains of quartz sand or ceramic material) is pumped through the wellbore and into the reservoir zone that is being stimulated. Proppant and fracturing fluid are mixed in a blender and then pumped into a well that penetrates an oil or gas bearing formation. As high pressure is applied to the well, the formation fractures and proppant carried by the fracturing fluid flows into the fracture. The deposited proppant holds the fracture open after pressure is relaxed and production is resumed.

Each fracture treatment is individually designed to take account of the specific temperatures, pressures, formation permeability, and reservoir fluids expected in the producing zone in which fracturing will be performed. The fracturing fluid must have a sufficient viscosity to carry the proppant into the fracture, should minimize formation damage and must be safe to use. A fracturing fluid that remains in the formation after fracturing is not desirable since it may block pores and reduce well production.

 

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#217   Hello....anybody home...what sparked the 900% PPS spike today....? armour1955 10/13/17 04:09:06 PM
#216   Any updates????? e2daD 06/29/15 09:37:46 PM
#215   "Trading in the common shares of the Corporation flemsnopes 02/03/15 06:58:55 AM
#214   http://www.marketwired.com/press-release/gasfrac-files-for-ccaa-protection-tsx-g kayakbob223 01/17/15 12:34:43 PM
#213   Halted on 1/15 on TSX. Filing equivalent of kayakbob223 01/16/15 05:37:53 PM
#212   News article from Pittsburgh mentions GasFrac. kayakbob223 12/29/14 01:56:38 PM
#211   No doubt then... this post of yours of DocLevi 09/23/14 03:46:57 AM
#210   Ya but it was at this level about endub 09/11/14 11:29:54 PM
#209   on fire today! up 25% ajnewmath 09/11/14 01:15:26 PM
#208   Was tracking down posts of others... and OOIL DocLevi 09/02/14 12:38:36 PM
#207   Well, at least OPEX was more than cut endub 08/08/14 06:53:05 PM
#206   Q2 results on 8/8. kayakbob223 08/06/14 12:21:40 PM
#205   $60M debt facility signed today. kayakbob223 06/20/14 09:30:27 PM
#204   Germany is set to lift its ban on Murph1953 06/06/14 01:12:43 AM
#203   For what its worth. kayakbob223 05/11/14 12:24:44 PM
#202   What was, was. What will be, will Ag Boy 04/28/14 12:06:11 AM
#201   I remember ENERGY AND CAPITAL saying this was korpin 04/27/14 05:58:13 PM
#200   Good news on the Eagle Ford front which Ag Boy 04/02/14 08:40:14 PM
#199   Up 10% on slightly higher than average volume flemsnopes 03/31/14 01:56:39 PM
#198   Re post # 193 Murph1953 03/23/14 12:28:40 AM
#197   4th quarter conference call - Ag Boy 03/18/14 03:45:23 AM
#196   I stumbled onto this one today. I like Summitgains 03/09/14 11:47:11 AM
#195   What is going on with Gasfrac? Ag Boy 03/09/14 12:17:15 AM
#194   Large Potential Market. No environmental problems of Ag Boy 02/11/14 06:00:43 PM
#193   OPPORTUNITY(IES)? Breaking news: Murph1953 02/07/14 01:03:06 PM
#192   No shortage of opportunity LGL8054 01/25/14 09:59:50 AM
#191   Gasfrac has operations in Canada and the US. Ag Boy 01/10/14 08:25:32 AM
#190   Here is another article. Eltoro43 12/24/13 11:44:50 AM
#189   An article on the Eagle Ford Reservoir, where Eltoro43 12/16/13 07:42:05 PM
#188   No Problem armour1955 12/10/13 08:27:38 AM
#187   Hey whats up bro. I'm going to delete SILVERISTHENEWGOLD 12/09/13 10:25:13 PM
#186   wish that were true kayakbob but I have korpin 12/08/13 01:47:52 AM
#185   Maybe it works best everywhere? kayakbob223 12/07/13 06:19:49 PM
#184   WELL looks like its Texas that's pushing up korpin 12/07/13 02:51:19 PM
#183   They held an investor conference call yesterday hence kayakbob223 11/24/13 02:02:50 PM
#182   There's a discussion of possible reasons for the jearonso 11/23/13 07:26:34 PM
#181   They had some tests with new customers. Hopefully kayakbob223 11/22/13 10:43:26 AM
#180   lots of volume and price increase...WHY? anybody know??? korpin 11/21/13 10:17:41 PM
#179   $GSFVF ~ Daily Par Sar Buy Signal ~ Penny Roger$ 08/28/13 02:06:08 PM
#178   Hold the water: Some firms fracking without it flemsnopes 08/27/13 05:26:05 AM
#177   Gasfrac is main feature in June JPT magazine. endub 06/11/13 08:35:25 PM
#176   Not sure what's driving the stock price action endub 06/10/13 03:54:17 PM
#175   GE getting into fracking. Don't know if this kayakbob223 05/28/13 09:30:33 AM
#174   AGM Presentation - 2013 wl123b 05/15/13 03:51:35 PM
#173   2013 Q1 Earnings Transcript Did this stock some good.. doobins 05/13/13 09:40:21 PM
#172   Recording of CC LGL8054 05/13/13 10:28:36 AM
#171   I don't get the upgrade by Raymond James stonehorse 05/11/13 08:56:24 AM
#170   Its on their web site but I thought LGL8054 05/08/13 06:26:49 PM
#169   Any word yet on their results? BuckeyeOil 05/08/13 04:22:54 PM
#168   Wednesday May 8, 2013 PR after the close LGL8054 05/07/13 06:24:46 PM
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