Raise wins Aus­tralian patent for well­bore sys­tem

Stockwatch Daily - - ENERGY - Mr. Eric Laing re­ports

RAISE PRO­DUC­TION Inc. has been awarded an Aus­tralian patent.

Hor­i­zon­tal well­bore pro­duc­tion sys­tem

The com­pany is pleased to an­nounce that it has re­ceived the Aus­tralian patent for its hor­i­zon­tal well­bore pro­duc­tion sys­tem. The patent grant le­gally pro­tects the in­tel­lec­tual prop­erty for a num­ber of method claims for the sys­tem in that coun­try. The Aus­tralian patent is in ad­di­tion to the Cana­dian patent re­ceived pre­vi­ously, and once again val­i­dates the unique­ness of the sys­tem and the process of pro­duc­ing hor­i­zon­tal well­bores with mul­ti­ple pumps.

This is the first in­ter­na­tional patent award for the sys­tem. The com­pany is well into the patent process with its sys­tem and method ap­pli­ca­tions, and has had pos­i­tive feed­back in all of the ad­di­tional eight in­ter­na­tional re­gions where the ap­pli­ca­tion is in process in­clud­ing the United States. The Aus­tralian patent is par­tic­u­larly valu­able as the com­pany has been in ini­tial dis­cus­sions with ex­plo­ration and pro­duc­tion com­pa­nies in that coun­try over the last few months for both the sys­tem and the high-an­gle lift so­lu­tion (HALS).

About Raise Pro­duc­tion Inc.

The com­pany is an innovative oil field ser­vice com­pany that fo­cuses its ef­forts on the pro­duc­tion ser­vice sec­tor, uti­liz­ing its pro­pri­etary prod­ucts to en­hance and in­crease ul­ti­mate pro­duc­tion in both con­ven­tional and un­con­ven­tional hor­i­zon­tal oil and gas wells.

We seek Safe Har­bor.

Sherry Lor­raine Austin, Wen­dell Percy Chap­man, Mar­vin Dale Clifton, Rod­er­ick Wil­liam Gra­ham, Eric Nor­man Laing, Ken­neth Earl Zinger

(RPC) Shares: 98,616,335

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