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| Quantx Wellbore Instrumentation |
| http://www.exprogroup.com |
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| Address: | 580 Westlake Park Blvd.
Suite 1500
Houston - 77079
TX/Houston |
| Contact: | Melissa Williams |
| Email: |  |
Company description:
QuantX Wellbore Instrumentation, LLC, an oilfield services company, hereinafter sometimes referred to as “QuantX”, was formed in March 2003 under the laws of the State of Delaware. The Company has offices in Houston, Texas, at 580 WestLake Park Blvd., Suite 1500, Houston, Texas 77079. QuantX Wellbore Instrumentation, LLC is a limited liability company, whose two members are Expro Americas, Inc. and Baker Hughes Oilfield Operations, Inc. QuantX currently employs 17 employees.
QuantX was established to take over and combine the permanent monitoring functions of Expro Americas, Inc. and Baker Hughes Oilfield Operations, Inc. The former permanent monitoring division of Expro Americas, Inc. generated annual revenues of $26 million for the latest fiscal year, as documented by the QuantX Press Release, the Expro Group Annual Report and most recent Interim Report released pending the release of the 2003 Expro Group Annual Report. As a successor to the already established and profitable permanent monitoring functions with an established client base, QuantX is well positioned to continue growth and profitability in the future. The business plan seeks to integrate and continue the permanent monitoring operations of Expro Americas and Baker Hughes, resulting in achievement of greater financial goals as we strive to continuously improve service and expand our client base. The QuantX Press Release to Industry Journals elaborates on the QuantX business plan. Our established goals include: increasing product and service portfolio; improving value through supply chain leverage of Baker Hughes and Expro Americas; intensifying our focus, as permanent monitoring will be the only service provided by QuantX; and integrating completion services with Baker Hughes and Expro Americas where applicable. With two of the most successful and enterprising companies in the oil filed services industry partnering in this enterprise, we are confident of the future success of this venture.
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