Production Enhancement Group (PEG), a Houston-based well intervention energy services company incorporated in Alberta, owns patented WISE® multifunction technologies and markets a full range of well intervention services under the WISE® Well Intervention brand. PEG's priority is to exploit the proven competitive advantages of its WISE® multifunctional systems through organic growth, through strategic acquisitions in the U.S. and Canada, and through joint ventures in international markets. WISE® patented multifunction units utilize proprietary power-management technology to integrate multiple well intervention functions—such as coiled tubing, nitrogen and pressure pumping—with a single power source. WISE® units are more cost-effective than conventional well intervention systems because they significantly reduce the amount of surface equipment and crew size for a given job. In addition, their modular design, compact size, and light weight make it possible to work on offshore and inland wells that cannot be serviced with conventional well intervention systems.
PEG common shares trade on the TSX under the symbol WIS and on the OTCBB (pink sheets) under the symbol PENHF.
Please note that the attached analyst reports are provided at your request for your information only. The provision of this information here does NOT imply that Production Enhancement Group supports or endorses any of the opinions, estimates or forecasts made in these reports. This information has been delivered with permission.
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