Cold Bore Technology Inc.
Description
Global leader in completion optimization technology, Cold Bore Technology Inc. has secured a second round of strategic growth funding from Rice Investment Group.
Proceeds from the financing will be used to scale Cold Bore’s teams and technology to meet the considerable market demand being seen for its platform. In the past six months, the Company has signed and executed service agreements for its SmartPAD™ technology with fracking operators throughout North America, including six of the top 10 producers.