RocketFrac Serviecs announces agreement with Sultanate of Oman
by CM Staff
RocketFrac is an energy service company with proprietary technology that reportedly unlocks tight reservoirs with a lower environmental footprint than alternatives.
CALGARY — RocketFrac Services Ltd., a Cleantech Energy Services Company, announces that it has signed an exclusive representative agreement with Amran Establishment LLC for the territory of the Sultanate of Oman.
The two-year agreement, effective April 1, 2022, provides Amran exclusive rights to market RocketFrac in the Sultanate of Oman. The agreement includes an option to renew for an additional two-year period, subject to a formal review within 90 days, prior to the agreement’s end date.
“This collaboration between RocketFrac and Amran, an industry leader in Oman, is an exciting opportunity for RocketFrac going forward,” says RocketFrac CEO, Tom Whalen. “Amran’s established presence in the region provides RocketFrac immediate access to an important market that is especially suited to the Company’s waterless well stimulation solution.”
RocketFrac is a fracking company that does not use water, and its technology therefore purports to lower greenhouse gas emissions and improves operational efficiency.
