22:14:48 EDT Fri 19 Apr 2024
Enter Symbol
or Name
USA
CA



Global Remote Technologies Ltd
Symbol RGT
Shares Issued 42,071,338
Close 2016-05-17 C$ 0.56
Market Cap C$ 23,559,949
Recent Sedar Documents

Global Remote signs Helix service deal with Black Gold

2016-05-18 09:56 ET - News Release

Mr. Chris Dorris reports

GLOBAL REMOTE TECHNOLOGIES ENTERS INTO SERVICE AGREEMENT WITH BLACK GOLD PUMP & SUPPLY INC

Global Remote Technologies Ltd. has entered into a service agreement with Black Gold Pump & Supply Inc. for the company's Helix downhole well simulation tool. This agreement allows Black Gold to use and distribute the Helix tools in California and grants Global Remote Technologies a distributorship for all of Black Gold's products and services in the Texas and Oklahoma markets.

Chris Dorris, chief executive officer of the company, stated: "We're very excited about this new relationship with Black Gold as an important step towards achieving our goal of eight new customers by the end of this last quarter of 2016. As Black Gold is a California-based company, this also will provide the opportunity for Global Remote and the Helix tool to break in to markets outside of our predominant focus of Texas, Louisiana and the southeast."

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