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Re: John Bates post# 47862

Wednesday, 04/25/2018 8:02:28 PM

Wednesday, April 25, 2018 8:02:28 PM

Post# of 112515
FTK...Flotek Introduces New Product Line

MicroSolv™ Delivers Cost-Effective Performance

HOUSTON, April 25, 2018 /PRNewswire/ -- Flotek Industries, Inc. (NYSE: FTK), a leading developer and distributor of prescriptive chemistry-based technology, has introduced MicroSolv™, a new line of stimulation chemistries designed to deliver cost-effective performance.

MicroSolv™ microemulsion technologies are a patented blend of solvents and surfactants formulated to enhance performance by:

- Lowering interfacial tension
- Mitigating water blockages
- Reducing surface tension
- Aiding flowback of water-based frac fluids
- Improving clean up
- Reducing formation damage created by phase trapping

Flotek's first product in the new chemistry line is MicroSolv™ 130. In rigorous performance evaluations, MicroSolv™ 130 outperforms conventional surfactants by a significant margin.

"Innovation is a cornerstone of Flotek, and we are continuously working with clients to identify opportunities to create prescriptive chemistries to enhance performance. MicroSolv™ expands our patented stimulation chemistry solutions to provide a wider variety of price points to meet our clients' needs," said John W. Chisholm, Flotek's Chairman, President and Chief Executive Officer.

With the introduction of MicroSolv™, Flotek expands its patented and conventional chemistry solutions it prescribes and delivers directly to clients through its Prescriptive Chemistry Management® program, addressing a wide range of reservoir and geologic challenges and price points. These include Complex nano-Fluid®, Pressure reducing Fluid®, StimLube® friction reducers, along with conventional additives such as clay & iron control chemistries, surfactants, and scale and acid corrosion inhibitors.
http://www.investorpoint.com/stock/FTK-Flotek%20Industries%20Inc./news/8496376408164655/


The information posted by 2morrowsGains is opinion only and should not to be taken as investment advice.

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