Scarlet, an Aberdeen, Scotland, UK-based new company that is developing a sand control system aimed to maximise oil and gas well production, has received an undisclosed investment from equity investor Epi-V.The proceeds from the investment have been supporting the company in the development, testing and market introduction stages.
Epi-V also has supported Scarlet in the establishment of an office and product development facility in Aberdeen, and in the recruitment of managing director Steve Bruce.
FinSMEs
12/05/2010