Coil Tubing Technology, Inc. (OTC: CTBG)
Coil Tubing Technology, Inc. (OTC: CTBG), was founded in 1998 by Jerry Swinford, an oil-field tool designer with more than fifteen patents granted or pending and more than 30 years experience in the creation of oil-field tools.
CTBG is the leader in providing new technology to the coiled tubing industry. The Company has become a one stop rental tool company supplying a full line of standard as well as proprietary coiled tubing downhole tools.
CTBG presently operates out of its Houston Texas corporate office. The Company has 27 stock points worldwide presently in the US, Mexico, Canada, Aberdeen and the Far East. Coil Tubing has plans for the continued expansion of product lines and market coverage worldwide.
http://www.coiltubingtechnology.com/index-1.html
One sure way to gauge the strength of the Oil Exploration and Development Business worldwide is to look at the registration numbers for the annual Offshore Technology Conference. The event was held earlier this year in Houston, TX.
This year’s OTC turned out to be the most successful OTC since 1982 with over 59,000 in attendance.
The conference, sponsored by companies such as Halliburton, Schlumberger, Chevron, Verizon Wireless and other multinational corporations, focuses exclusively on emerging technologies in drilling, exploration, production and environmental protection for offshore oil and gas applications.
Over 2,000 companies from 33 countries were in attendance at the OTC, providing CTT with the opportunity to showcase its proprietary lines of downhole cleaning nozzles and drilling systems to perhaps the broadest audience of any conference this year.
“CTT has attended the OTC for the last three years running and we were excited by the increased attendance at the conference,” stated Jerry Swinford, President of CTT. “We met with new prospective customers operating in the North Sea, Southeast Asia and South America and expect additional orders this year and beyond because of the OTC.”
http://biz.yahoo.com/iw/060518/0129429.html
CTBG is a Company with a solid Product line, in what is now a Booming Industry today and for the years to come.
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