Gordon Technologies LLC, a Scott, LA-based provider of Measurement-While-Drilling (“MWD”) technology to the oil and gas industry, received an investment from Pelican Energy Partners.
The amount of the deal was not disclosed.
The company will use the proceeds to continue to expand its business reach.
Founded in 2014 by Terry Frith, a veteran of the MWD sector with more than 30 years of experience, Gordon provides Heat Miser™ and Shock Miser™ tools, which were designed to specifically address MWD failures due to high shock and vibration, as well as high temperature environments.
The company also operates a service facility in Midland, TX.
FinSMEs
17/10/2017