Design and engineering firm Galenfeha, Inc. (OTC: GLFH) has extended its reach into the oil and gas industry by providing advanced stored energy solutions to U.S. oil and gas producer BHP Billiton (NYSE: BHP).
In addition to chemical injection systems, Galenfeha designs, manufactures and markets a complete line of patent pending, microprocessor-controlled battery systems specifically designed for oil and gas measurement, automation and production.
BHP Billiton will incorporate Galenfeha’s proprietary CDMA/satellite asset location and tracking technology in its battery systems. This technology is field proven and currently utilized by six of the largest hydrocarbon producers in the United States.
As Galenfeha further penetrates the energy industry, the company is rapidly emerging as the premier alternative stored energy supplier in North America.
“This is an incredibly exciting time for our company. From inception, Galenfeha has been diligently pursuing this level of cooperative involvement among energy producers. The opportunity to assist the highly esteemed, global powerhouse firm BHP Billiton is an enormous honor. Our team is prepared for this responsibility and I am delighted to announce this development to our shareholders,” Lucien Marioneaux, Jr., president and chief executive officer of Galenfeha, stated in the news release.
For more information, visit www.galenfeha.com
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