Wednesday, January 20, 2021 12:29:12 PM
Long PTCL,
~Magnus
DesertEagle
Oil, Gas and $PCTL…
In the 4th quarter of 2020, $PCTL executed a domestic supply agreement with Maverick Energy Services and Maverick Environmental Solutions of Holdenville, Oklahoma for a minimum of 1,000,000 gallons of PCT Hydrolyte® to be delivered over the next twelve months.
Based on a public tweet made here this week, we now understand that PCTL is also testing their second fluid, PCT Catholyte, to enhance production from existing wells in Missouri.
With both fluids having lifecycle (cradle to grave) applications in the drilling and production of wells, and with the data on the horizon to back up the beneficial claims, I can see many independent E&P (Upstream) companies moving to PCTL fluids in the coming years.
As noted earlier, both fluids also have application in the O&G (downstream) sector such as the control of unwanted non-public health microorganisms, such as SRB’s (Sulfate Reducing Bacteria), reducing microbiologically influenced corrosion (MIC) and to remove the slime and associated sessile bacteria which can degrade the integrity of pipelines.
Considering that PCTL has no toxic debt on the books and all current debt is PTM with floors of .10, .15 and .20, when data showing the efficacy of the fluids in the O&G sector is presented and news is released, I can see the SP moving very quickly to new highs.
Tomorrow is never promised, so love and appreciate the people who are in your life!!
Recent PCTL News
- Form 8-K - Current report • Edgar (US Regulatory) • 10/05/2023 02:05:09 PM
- Form 15-12G/A - Securities registration termination [Section 12(g)]: [Amend] • Edgar (US Regulatory) • 07/18/2023 07:06:52 PM
- Form 15-12G - Securities registration termination [Section 12(g)] • Edgar (US Regulatory) • 07/13/2023 04:32:57 PM
NanoViricides Reports that the Phase I NV-387 Clinical Trial is Completed Successfully and Data Lock is Expected Soon • NNVC • May 2, 2024 10:07 AM
ILUS Files Form 10-K and Provides Shareholder Update • ILUS • May 2, 2024 8:52 AM
Avant Technologies Names New CEO Following Acquisition of Healthcare Technology and Data Integration Firm • AVAI • May 2, 2024 8:00 AM
Bantec Engaged in a Letter of Intent to Acquire a Small New Jersey Based Manufacturing Company • BANT • May 1, 2024 10:00 AM
Cannabix Technologies to Deliver Breath Logix Alcohol Screening Device to Australia • BLO • Apr 30, 2024 8:53 AM
Hydromer, Inc. Reports Preliminary Unaudited Financial Results for First Quarter 2024 • HYDI • Apr 29, 2024 9:10 AM