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
Angel Capital Summit 2010 provides company exposure to more than 1,000 angel investors…
Industry veteran Nick Nazarovs has joined WellDog’s management team.
WellDog has received U.S. patent 7,821,635 entitled “In-situ detection and analysis of methane in coal bed methane formations with spectrometers.”