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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