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Nordic Technology Group AS

Regulatory Filings • Jan 24, 2023

3681_rns_2023-01-24_f1c6a43d-74fa-4eb7-9337-6eb27a2d71e3.html

Regulatory Filings

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Hammertech received Purchase Order from Norpetco

Hammertech has received a Purchase Order from the operating company Norpetco in Egypt for rental of an AquaField to be used for mobile well testing. The goal is to increase oil production by improving reservoir management. This is achieved by providing quality data from each individual well more frequent. Norpetco has evaluated a number of solutions, but AquaField was chosen since it does not require well specific reconfiguration in a mobile welltest application. Using AquaField for mobile well testing reduces time and cost for each well test, hence enabling more frequent testing of each individual well.