ProOne Announces Appointment of Midis Energy Limited as Exclusive Distributor for Nigeria
COSTA MESA, California August 26, 2019–, ProOne Inc. today announced the appointment of Midis Energy Services Limited as its exclusive distributor for Nigeria.
Midis Energy Services is a world-class oil and gas services company based in Nigeria, focused on providing cutting-edge solutions to meet the present-day challenges of the oil and gas industry and other industrial markets in Nigeria. Established in 2005, Midis is a pre-eminent products and services supplier to the largest global oil companies operating in Nigeria today.
“ProOne’s high quality, innovative and cost-effective products are a perfect fit for our company and to meet our clients’ needs”, said Mr. A. A. Atamuno, founder and Managing Director for Midis who visited ProOne’s office in Costa Mesa today to sign the exclusive agreement. He went on to say that Midis will establish dedicated sales, marketing, and technical teams in both Lagos and Port Harcourt to focus exclusively on building ProOne’s presence in Nigeria.
Based in Orange County, California, ProOne, Inc. has developed lubrication technology that can be demonstrated to be over 50 times greater film strength than conventional lubricants. The product line includes Drilling Fluid Treatments which has been used in over 1,500 wells to reduce torque and drag by as much as 50% and increase rate of penetration in lateral wells, yet are plant-based, biodegradable and environmentally friendly.
Statements contained in this news release, aside from those identifying historical facts, are ‘forward-looking statements’ within the meaning of Section 21E of the Securities Exchange Act of 1934 and the Safe Harbor provisions as contained in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements relating to the Company’s future expectations, including but not limited to revenues and earnings, technology efficacy, strategies, and plans, are subject to safe harbors protection. Actual company results and performance may be materially different from any future results, performance, strategies, plans, or achievements that may be expressed or implied by any such forward-looking statements. The Company disclaims any obligation to update or revise any
Midis Energy Services Limited: A.A. Atamuno/Managing Director
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