GEOdynamics and Emerald Metals sign marketing deal

Emerald Metals has acquired the rights to market, sell, and distribute high-performance perforating gun steel developed by GEODynamics.

Offshore staff

HOUSTON -- Emerald Metals has acquired the rights to market, sell, and distribute high-performance perforating gun steel developed by GEODynamics.

Under the agreement, the steel mill will continue with technical developments, logistical services, stocking, and global supply of GEODynamics' specification material through Emerald Metals.

"We are extremely pleased to have negotiated this business arrangement with Emerald Metals," says David Wesson, president of GEODynamics. "It will allow GEODynamics to focus on our core competency of engineering, manufacturing, and selling industry-leading perforating solutions while helping Emerald grow their business by selling a superior, field proven product.

8/16/2007

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