BEDFORD, Texas, Oct. 20, 2014 /PRNewswire/ -- Galenfeha,
Inc. (OTCBB: GLFH), is pleased to announce that the Company has
completed successful field testing of its portable, solar
regenerated power supply station.
Galenfeha conducted field-testing for a major petroleum
production company in the Haynesville shale area of
Louisiana. The company's client was seeking a viable solution
to power a chemical injection pump station. The location
historically has been very problematic due to conventional battery
failures and has not allowed for natural gas to be processed on a
consistent basis. The test was orchestrated in an incredibly
rigorous environment that required the battery array to
consistently deliver stable voltage and current in a cyclical
manner 9 times per minute for 2.2 seconds, 24 hours per day.
This regimen is substantial in that it allows very little time for
battery chemistry to recover to resting voltage before it is taxed
once again. It should also be noted that utilizing the Galenfeha
system reduced the ratio of batteries in the array by over half the
original lead acid quantity. The end result over a 60+ day
period was zero replacement or maintenance of the Galenfeha product
on location verses the replacement of 12 batteries at the sister
location less than a mile away. The producer has since
purchased the skid and has another on order.
James Ketner, Chief Executive
Officer of Galenfeha, stated, "Our firm enjoys difficult field
testing scenarios such as these. Tangible successes resulting
in increased dependability which leads to higher profitability for
our clients makes for long-term relationships.
Environmentally friendly, profit center driven solutions are and
always will be our ultimate goal for our clients."
Galenfeha, Inc. is an engineering services and product
development/manufacturing company serving the oil, gas, and energy
industries. The company is continually researching and developing
new products to aid energy producers in reducing costs, increasing
efficiency, and reducing global pollution, Galenfeha products
include a complete line of patent pending, microprocessor
controlled, LiFePO4 chemistry battery systems for measurement,
automation and chemical injection systems.
For more information on Galenfeha's products and services,
please visit www.galenfeha.com.
Contact:
LaNell Armour
Director
Galenfeha, Inc.
larmour@galenfeha.com
773-879-6384
Forward-Looking Statements: Except for historical information
contained in this release, the matters discussed are
forward-looking statements that involve risks and uncertainties.
When used in this release, words such as "anticipate," "believes,"
"estimate," "expect," "should," "intend," "projects," "objective,"
and "appears," and similar expressions, as they relate to the
Company or its management, identify forward-looking statements.
Such forward-looking statements are based on the beliefs of the
Company's management, as well as assumptions made by and
information currently available to the Company's management. Among
the factors that could cause actual results to differ materially
are the following: the effect of business and economic conditions;
the impact of competitive products and pricing; capacity and supply
constraints or difficulties; product development,
commercialization, or technological difficulties; the regulatory
and trade environment; the impact of reimbursement rates and
coverage; and the risk factors reported from time to time in the
Company's SEC reports. The Company undertakes no obligation to
revise any forward-looking statements as a result of future events
or developments.
To view the original version on PR Newswire,
visit:http://www.prnewswire.com/news-releases/galenfeha-completes-successful-testing-of-solar-power-station-997187355.html
SOURCE Galenfeha, Inc.
