Global Green Matrix Corporation ("Global Green" or the "Company") - TSX Venture: GGX - announces that its wholly owned subsidiary, 1503826 Alberta Ltd., carrying on business as Intercept Rentals, has taken delivery of an additional heating unit. Fueled by propane, GGX's trailer mounted unit is designed to meet the challenges presented by winter conditions and remote well sites.
Randy Hayward, President and CEO, states: "The addition of another heating unit will enable Global Green to meet the increasing demand of the oil and gas industry to heat water used for fracking purposes. With plans to acquire additional heating units, we are committed to grow our revenue and shareholder value with respect to Oilfield Services in Canada and the United States."
Brian Klassen, General Manager of Intercept Rentals says: "With the demand of larger scale jobs that require more than one heating unit our options for work are expanding. The proprietary technology we are using positions the company as a significant competitor in the oil and gas industry."
About Global Green Matrix Corp. (www.globalgreenmatrix.com)
Global Green Matrix Corp. is an Oilfield Service Firm focused primarily on owning and operating truck and trailer mounted heating units. The company rents its units to oil and gas companies, that use the highly efficient heating units to heat water for fracking operations. GGX now has two units with plans to add six more units by fall of 2013.
ABOUT INTERCEPT RENTALS: (www.interceptrentals.com )
Intercept Rentals is a registered trade name of 1503866 Alberta Ltd., a wholly owned subsidiary of Global Green Matrix Corp. The subsidiary company has obtained the exclusive right to own and operate a new patent pending technology that provides a highly efficient and safe method of heating water used by oil companies in their fracking operations.
For further information visit our website at www.globalgreenmatrix.com, email at firstname.lastname@example.org or contact:
Randy Hayward, President
Global Green Matrix Corp.
Phone: 250-247-8689 or 604-687-8855
Neither The TSX Venture Exchange Nor Its Regulation Services Provider (As That Term Is Defined In The Policies Of The TSX Venture Exchange) Accepts Responsibility For The Adequacy Or Accuracy Of This News Release
Leave a comment...