ERF Wireless, Inc. (ERFW.OB) and Schlumberger (SLB) Enter Exclusive Reseller Agreement for United States and Canada
Source: http://Blog.QualityStocks.net/?p=14270Posted on Friday, January 16th, 2009 | In Small & Micro Cap
Today before the bell, ERF Wireless, Inc. and Schlumberger announced that they have signed an exclusive agreement for delivery of wireless broadband services throughout North America. As terms of the agreement, Schlumberger will exclusively resell wireless broadband and WiMAX terrestrial communications products and services from ERF Wireless in the North American oil and gas market.
“This joint contract with ERF Wireless provides Schlumberger with the ability to deliver cost effective ubiquitous communications to the oil and gas industry in the ERF Wireless coverage areas,” stated Slavo Pastor, vice president, Schlumberger Information Solutions, North America. “This will increase real-time activities and collaboration between remote sites and office-based asset teams.”
John Nagel, CEO of the ERF Wireless Oil and Gas Services subsidiary, commented, “The new Schlumberger and ERF Wireless broadband service empowers energy companies to execute on their digital oilfield initiatives. We’re proud to be working with Schlumberger to increase productivity, safety and crew welfare throughout the North American oil and gas sector.”
“Over the past year, the oil and gas industry has become an important part of the ERF Wireless business plan to further utilize the extensive wireless networks we have built and acquired over the past four years. Through this agreement with Schlumberger, we are developing a premiere oil and gas sales channel for our wireless broadband. This will be a powerful catalyst for our vertical markets growth into the oil and gas sector,” said Dr. H. Dean Cubley, CEO of ERF Wireless, Inc.
Let us hear your thoughts below:
Last 5 posts by QualityStocks
- Omnicity Corp. (OMCY.OB) Ensuring Effective Support for Growing Customer Base - November 25th, 2009
- Clenergen Corp.’s (CRGE.OB) Management Leads Innovative Push into Renewable Energy - November 25th, 2009
- Spending Growth Rises as Inflation Seems Manageable to Fed Despite Job Market - November 25th, 2009
- Stock Guru Featured Company: Quasar Aerospace Industries, Inc. (QASP.PK) - November 25th, 2009
- Stock Guru Featured Company: DecisionPoint Systems, Inc. (DNPI.OB) - November 25th, 2009
Canada, energy, ERF Wireless Inc.;, ERF Wireless Oil and Gas Services;, H. Dean Cubley;, John Nagel;, North America, oil and gas industry, oil and gas market, oil and gas sales, oil and gas sector, Schlumberger, Slavo Pastor;, Small & Micro Cap, terrestrial communications products;, ubiquitous communications;, United States, wireless broadband, wireless broadband services;, wireless networks
 About QualityStocks (http://QualityStocks.net)
Our name, QualityStocks, emphasizes our commitment to connect subscribers with companies that have huge potential to succeed in the short and long-term future. We believe strong management and vision for the future are crucial for any company to be successful. Timing is everything and we help investors succeed by providing an objective, broad-based view of the SmallCap markets on a daily basis. Please see disclaimer on QualityStocks website: http://disclaimer.qualitystocks.net |
No recommendations, either expressed or implied, are being made to buy, sell, hold or short any of the mentioned stocks. No legal, tax or accounting advice is expressed or implied. Always contact your attorney, CPA, or tax advisor before acting on any legal or tax issues. StraightStocks.com is not responsible for the content, products, or services of any of the advertisers on this site. StraightStocks.com receives compensation from advertisers on this blog. Services and products referred to herein are trademarks, registered trademarks, servicemarks, and/or registered servicemarks of their respective trademark or servicemark owners.