HOUSTON, Aug. 31, 2015 /PRNewswire/ -- Flotek
Industries, Inc. (NYSE: FTK - News) this morning announced it
will hold an investor presentation in New
York City on Friday, September 11,
2015.
The presentation, "Introducing the Flotek Store and FracMax®"
will provide a comprehensive review of Flotek's leading commitment
to research and innovation; an introduction to the Flotek Store,
Flotek's direct-to-market strategy for its leading CnF® patented,
customized completion chemistry as well as other oilfield chemistry
solutions; and a comprehensive presentation on FracMax®, Flotek's
transformational, patent-pending, proprietary data analysis and
visualization software which validates the empirical efficacy of
Flotek's CnF® suite of chemistry solutions.
In addition, Flotek will host a panel of industry, research and
academic experts that will discuss the impact of customized
chemistry and advanced oilfield technology on maximizing
hydrocarbon production. The panel will include:
- Yucel Akkutlu, Ph.D. George & Joan Voneiff Career
Development Professor & William Keeler Fellow, Harold Vance
Department of Petroleum Engineering, Texas
A&M University, College Station, Texas.
- John Ely, Founder & Chief
Executive Officer, Ely & Associates, Houston, Texas.
- Daniel Hill, Ph.D., Noble Chair,
Harold Vance Department of Petroleum Engineering, Texas A&M University, College Station,
Texas.
- Lanny Schoeling, Ph.D., Vice
President of Engineering & Technical Development, Kinder Morgan
CO2 Company, L.P., Houston,
Texas.
- Brady Webb, Chief Engineer,
Velvet Energy, Calgary, Alberta, Canada.
- Gary Womack, Vice President –
Operations, Tall City Exploration, LLC, Midland, Texas.
The presentation will conclude with an operational and financial
update, highlighting current activity and an outlook for the
balance of 2015 and early 2016.
"Our New York presentation will underscore the remarkable
progress the Flotek team has made in the past eight months as we
transform our business – and the industry – to best align
relationships between oilfield technology companies like Flotek and
the ultimate beneficiary of our products and services, the
exploration and production companies," said John Chisholm, Chairman, President and Chief
Executive Officer of Flotek. "We look forward to sharing our
progress and our vision with investors and illustrating the impact
of FracMax® and our direct-to-market model on current operations as
well as future prospects."
The presentation will be webcast live and can be accessed from
Flotek's website, www.flotekind.com. The presentation slides will
be available on the Flotek website coincident with the conference
presentation.
For more information, please email IR@flotekind.com or call
713-726-6376. A reservation is required to attend the event.
About Flotek Industries, Inc.
Flotek is a global developer and distributor of a portfolio of
innovative oilfield technologies, including specialty chemicals and
down-hole drilling and production equipment. It serves major and
independent companies in the domestic and international oilfield
service industry. Flotek Industries, Inc. is a publicly traded
company headquartered in Houston,
Texas, and its common shares are traded on the New York
Stock Exchange under the ticker symbol "FTK."
For additional information, please visit Flotek's web site at
www.flotekind.com.
Forward-Looking Statements
Certain statements set forth in this Press Release constitute
forward-looking statements (within the meaning of Section 27A of
the Securities Act of 1933 and Section 21E of the Securities
Exchange Act of 1934) regarding Flotek Industries, Inc.'s business,
financial condition, results of operations and prospects. Words
such as expects, anticipates, intends, plans, believes, seeks,
estimates and similar expressions or variations of such words are
intended to identify forward-looking statements, but are not the
exclusive means of identifying forward-looking statements in this
Press Release.
Although forward-looking statements in this Press Release
reflect the good faith judgment of management, such statements can
only be based on facts and factors currently known to management.
Consequently, forward-looking statements are inherently subject to
risks and uncertainties, and actual results and outcomes may differ
materially from the results and outcomes discussed in the
forward-looking statements. Factors that could cause or contribute
to such differences in results and outcomes include, but are not
limited to, demand for oil and natural gas drilling services in the
areas and markets in which the Company operates, competition,
obsolescence of products and services, the Company's ability to
obtain financing to support its operations, environmental and other
casualty risks, and the impact of government regulation.
Further information about the risks and uncertainties that may
impact the Company are set forth in the Company's most recent
filings on Form 10-K (including without limitation in the "Risk
Factors" Section), and in the Company's other SEC filings and
publicly available documents. Readers are urged not to place undue
reliance on these forward-looking statements, which speak only as
of the date of this Press Release. The Company undertakes no
obligation to revise or update any forward-looking statements in
order to reflect any event or circumstance that may arise after the
date of this Press Release.
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SOURCE Flotek Industries, Inc.