CDN NEWS | 
US NEWS 
FOR: RAISE PRODUCTION INC.
TSX VENTURE SYMBOL: RPC
Date issue: October 02, 2017
Time in: 5:12 PM e
Attention:
CALGARY, ALBERTA--(Marketwired - Oct. 2, 2017) - Raise Production Inc. (TSX VENTURE:RPC) ("Raise" or the "Company") announces award of Russian Federation Patent.
Horizontal Artificial Recovery Technology ("HART")
The Company is pleased to announce that it has received the system and method patent from the Russian Federation for its Horizontal Artificial Recovery Technology ("HART"). The Company has referred to the HART system in previous press releases as the Horizontal Wellbore Production System or the System.
The Russian Federation patent is in addition to the Canadian and Australian patents previously awarded. This is the second international patent award in addition to the Canadian patent for the HART. The award of these international patents is validation of the uniqueness of the HART in respect to the method of multiple pumps deployed into horizontal wellbores. The Company expects the remaining seven international patent applications including the United States to be approved in due course.
About Raise Production Inc.
The Company is an innovative oilfield service company that focuses its efforts on the production service sector, utilizing its proprietary products to enhance and increase ultimate production in both conventional and unconventional horizontal oil and gas wells.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.
This news release contains certain forward-looking statements. All statements, other than statements of historical fact, are forward looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from these anticipated in such statements.
- END RELEASE - 02/10/2017
For further information:
Eric Laing
President and Chief Executive Officer
[email protected]
OR
Susan Scullion
Chief Financial Officer
[email protected]
OR
Raise Production Inc.
2620-58th Avenue S.E.
Calgary, Alberta T2C 1G5
(403) 699-7675
www.raiseproduction.com
COMPANY:
FOR: RAISE PRODUCTION INC.
TSX VENTURE SYMBOL: RPC
INDUSTRY: Telecom - Networking, Telecom - Telecommunication
Equipment
RELEASE ID: 20171002CC0054
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All press releases are written by the client and have NO affiliation with the news copy written by The Canadian Press. Any questions that arise due to the content or information provided in the press release should be directed to the company/organization issuing the release, not to The Canadian Press.
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