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Vertice Oil Tools Inc., a provider of downhole completions and recompletions technology, has added substantially all of MorphPackers Ltd’s (Morph) assets to its re-completions capabilities.
Morph’s re-frac products will provide Vertice customers with broad re-frac technology capabilities, said Vertice CEO Mohamed Saraya. Morph’s cementable production MorphAnchor and STORM re-frac packers include ultra slim liner hangers, slim hole frac plugs and expandable steel and open hole packers.
The addition of Morph’s re-frac technology will add to Vertice’s customer offers. The oilfield products and services company specializes in downhole completions and re-completions tools including its Edge plug, V-Release re-frac liners, Hy-form steel packers, Apex dissolvable casing floatation plugs and Optimus toe sleeves. The Edge plug is a patented “ball-less” plug that allows for fracking without pump-down fluid with a bypass contingency in case of misfires or presets.
Vertice is backed by SCF Ventures, an investment vehicle within SCF Partners. Their focus is on providing differentiated capital to companies to advance technologies in the energy services sector.
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