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Perpetual Industries and Galenfeha sign agreement

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Hydrocarbon Engineering,


Perpetual Industries Inc., a developer of new and innovative energy efficient products, has announced the signing of an exclusive distributor agreement with Galenfeha Inc. to represent Galenfeha's products in Canada. The agreement gives Perpetual Industries Inc. exclusive rights to import, market, distribute, sell, and service Galenfeha's products in Canada.

These products include:

  • Proprietary, patent pending, GLFH product line of Lithium Iron Phosphate (LiFePO4) chemistry battery systems for oil and gas measurement and automation. The onboard Battery Management System (BMS) monitors the key operational parameters during charging and discharging, such as voltages, currents, and internal temperatures, and eliminates the need for a separate charge regulator when connected to solar panels or a wind turbine. LiFePO4 is not your traditional lead-acid battery. It contains no acid, no toxic lead, and does not create hydrogen gas during the charge cycle. LiFePO4 batteries have a much lower self-discharge, do not sulfate, and are environmentally friendly.
  • Proprietary, patent pending, Daylight product line of high precision chemical injection systems for oil and gas producers. The pump system's design and technology allows for increased chemical injection accuracy previously unheard of in the current market. Such increased accuracy significantly reduces chemical contamination in the production process while controlling chemical cost and waste.

Through this agreement, Perpetual Industries is able to diversify its product lines with finished products that are complementary to its business. Galenfeha's batteries and pumps have already proven successful and have been well received in the US market. Perpetual Industries desires to build on this success through an organic growth business model across the Canadian marketplace.

"Perpetual Industries was started with a mission to 'perpetuate industry' by bringing new, innovative, energy efficient, value added technologies to market," said Brent W. Bedford, President/CEO of Perpetual Industries. "Galenfeha is an environmentally conscious company whose products align with our own goals. Their batteries are a non-toxic, lightweight, longer lasting, and superior replacement for lead-acid batteries, and their chemical injection pumps provide an accurate and low maintenance solution for the oil and gas sector. We are extremely happy to have formed this strategic alliance and are eager to introduce Galenfeha's products to the Canadian market."

"Perpetual Industries is located in the heart of the Canadian oil and gas sector, which is a primary target for our product lines," said Jeff Roach, Director of Sales at Galenfeha. "The company has a strong network within the industry, and we are pleased to have them represent our products. We look forward to this new working relationship as we expand into the Canadian market."


Adapted from press release by Francesca Brindle

Read the article online at: https://www.hydrocarbonengineering.com/product-news/22012016/galenfeha-sign-distributor-agreement-with-perpetual-industries-2234/


 

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