Value Microcaps Motherboard

[2morrowsGains]

FTK, Re: Flotek's Petrovalve...

Notes on the Petrovalve from the Aug 11, 2005 EnerCom presentation...

Downhole production has been a small portion of Flotek's business, but that's going to change....
Until now, they have not paid much attention to the marketing of their patented downhole pump rod valve because they had to do some engineering to get the product in good shape. They did that in the later part of '04 and the beginning of this year. They now consider it an excellent piece of equipment.
The value of the patented downhole pump rod valve is that it is a guided piston and a guided valve. It has a number of designs that makes it extremely valuable to the producer...
1. Can increase the flow per stroke by as much as 40%.
2. Because it is a guided unit, they are seeing more & more production in horizontal holes.
More & more people are beginning to use it. Now using it in Russia and Venezuela.