Koil Energy Solutions Inc. (KLNG)

[JoeSmith]

Nice find there Sage, I didn't even look for it as I was following another trail. I see sense-edm just acquired
wellquip on the Oslo exchange.

Sense EDM acquisition of Wellquip
15/01/08 (Last updated 15/01/08 - 09:54)

Reference is made to statement to Oslo Stock Exchange 02 November 2007 regarding letter of intent concerning acquisition of all shares in Wellquip Holding AS (Wellquip) in Kristiansand, Norway at a price of NOK 70m plus an ‘earn-out of NOK 20m, depending on the company’s development during 2008 and 2009.



TTS has now conducted a due diligence review of the company, which was successful. TTS’ (Sense EDM AS) take-over of Wellquip will be made effective as of medio January 2008.
http://www.wellquip.no/?articleid=62

I know for a fact we have one of Ihub's top Oslo experts posting here. Maybe he has some insights.


Now this might be where we fit in...
Mud Control System
Instrumentation
"Sense MUD represents a variety of sub suppliers for instrumentation to the offshore industry. Sense MUD can deliver the entire instrumentation package for the mud LP/HP, mud treatment and bulk system."
http://www.sense-mud.com/Products1.aspx?id=4