Enteq Technologies PLC Exclusive Distributor Agreements Signed
10 Noviembre 2021 - 1:00AM
RNS Non-Regulatory
TIDMNTQ
Enteq Technologies PLC
10 November 2021
Enteq Technologies plc
("Enteq")
Exclusive distributor agreements
Enteq Technologies plc (AIM: NTQ.L), the energy services
technology and equipment supplier, is pleased to announce the
signing of two exclusive distribution agreements with third-party
technology providers to enhance and complement Enteq's product
range.
Enteq has signed an agreement with Houston, Texas, based Erdos
Miller, Inc. to be the exclusive distributor outside North America
for two of their major product lines. These industry leading
technologies include specialised products for improving signal
detection and MEMS (micro-electro-mechanical systems) directional
sensors.
The agreement will expand Enteq's range of available
technologies offered to international customers. These products are
fully aligned with Enteq's existing portfolio; both SABER (Steer
At-Bit Enteq Rotary) and MWD (Measurement While Drilling).
Enteq has also signed an agreement with Alberta, Canada, based
Mezintel Inc. to be the exclusive distributor outside Canada for
their gamma logging and depth tracking software solutions. These
products add additional functionality to Enteq's existing MWD
equipment product range.
All the above products will be exhibited by Enteq, together with
the Group's other technologies, at the ADIPEC trade exhibition in
Abu Dhabi which runs from 15 to 18 November 2021.
Andrew Law, CEO of Enteq Technologies plc, commented:
"I am pleased to be working with both Erdos Miller and Mezintel
to incorporate their advanced technologies into Enteq's product
range and to offer these solutions to the international market.
Both agreements are complementary to Enteq's product portfolio
which will enhance the SABER Rotary Steerable System and bolster
Enteq's full MWD package, leading to the possibility of increased
market penetration."
For further information, please contact:
Enteq Technologies plc +44 (0) 20 8087 2202
www.enteq.com
Andrew Law, Chief Executive Officer
David Steel, Chief Financial Officer
finnCap Ltd (NOMAD and Broker) +44 (0) 20 7220 0500
Ed Frisby, Emily Watts, Tim Harper (Corporate Finance)
Andrew Burdis, Barney Hayward (ECM)
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