24 Jan 2023 10:19 CET

Issuer

Nordic Technology Group AS

Hammertech has received a Purchase Order from the operating company Norpetco in
Egypt for rental of an AquaField to be used for mobile well testing. The goal is
to increase oil production by improving reservoir management. This is achieved
by providing quality data from each individual well more frequent. Norpetco has
evaluated a number of solutions, but AquaField was chosen since it does not
require well specific reconfiguration in a mobile welltest application. Using
AquaField for mobile well testing reduces time and cost for each well test,
hence enabling more frequent testing of each individual well.


Source

Nordic Technology Group AS

Provider

Oslo Børs Newspoint

Company Name

NORDIC TECHNOLOGY GROUP AS

ISIN

NO0011018434

Symbol

NTG

Market

Euronext Growth