WellDog kicks off permeability testing (DST) business for coals, shales and conventional oil and gas08/16/2011
WellDog Pty Ltd announced today that it has expanded its business lines to include permeability testing for coals and shales. The company has accumulated top talent and best-in-class modern equipment over the past several months and has recently won competitive tenders for permeability (drill stem testing, or DST) work in Australia’s coal seam gas industry (CSG) and conventional oil and gas industries.
WellDog and Excel Team Holdings announced today that they have signed an Memorandum of Understanding under which Excel will introduce WellDog’s suite of technical services to the fast-growing coalbed methane (CBM) and shale gas markets in China.
WellDog announced today that its new strategic investor, Simon Ashton, has joined the company’s board of directors. Ashton’s company ProX Pty Ltd led a $5,000,000 debt and equity financing round recently closed by the company.
WellDog announced today that it has closed on $5,000,000 in new debt and equity financing to support its continued expansion. The round was led by Simon Ashton and his strategic investment company, ProX Pty Ltd, and included participation by members of Sacramento Angels, Houston Angels, and some of the successful entrepreneurs behind Pure Energy, as well as expanded investment from the Brisbane Angels.
Several State Agencies and WellDog announced today that they have initiated a pilot program to locate and qualify natural gas possibly overlooked by coalbed methane (CBM) operators in the Powder River basin.
WellDog announced today that it was expanding its continuous downhole pressure measurement business lines in Australia by establishing local inventory, equipment and staff at its Brisbane regional headquarters.
WellDog and Big Cat Energy (OTCBB: BCTE) announced today that they have signed an agreement under which WellDog will distribute Big Cat’s coalbed methane fluid management business line outside of the United States.
"WellDog, an exciting growth business based in Laramie, Wyoming, is one of twenty-three companies that will present at the 27th Annual Investors Choice® Venture Capital Conference..."
WellDog has established WellDog Pty Ltd, a fully owned Australian subsidiary.
WellDog has completed an equity placement to private investors in the U.S. and Australia