New Partnership with Salunda

PRESS RELEASE

A new partnership will see US-based OFI Testing Equipment, Inc. handle global distribution for monitoring specialists Salunda Limited’s hand-held drilling fluid measurement instrument, MudChecker.

The move comes as Salunda is seeing increasing demand for MudChecker - the first handheld instrument of its type - from oil and gas sector contractors, and is part of a wider sales drive and global push for its range of analysers and sensors.

Salunda will be linking-up with OFITE to tap into the Houston-based firm’s international reach and network of distributors, promoting MudChecker and its rapid testing and analysis capabilities to a global base.

MudChecker is a compact, rugged and solid-state tester that can be either used in the laboratory or quickly deployed on a drill site or offshore platform to provide accurate and consistent data about the mud properties that are critical to fast, safe, and profitable drilling.

The technology avoids the need to wait several hours to complete a retort and titration check, saving time in the process, facilitating the capacity for repeated checks and boosting productivity levels.

OFITE will be working with Salunda over the coming weeks to introduce the hand-held technology across its distributor and customer base, starting later this month with the SPE ATCE in San Antonio, Texas, and at ADIPEC in Abu Dhabi.

Alan Finlay, chief executive at Oxford-based Salunda, said an investment strategy is paying dividends at a time of huge potential for the firm and its technologies in global markets.

He added: "We’re delighted to be working with OFITE, harnessing its reputation and knowledge in this particular market segment. This is a great opportunity to get an innovative, proven and beneficial product in front of a huge customer base."

Kyle Schroeder, president and CEO at OFITE, said: “MudChecker immediately appealed to us. We saw a product that complements our portfolio while at the same time gives our customers a new technology to aid them in their increasingly demanding day to day tasks.”

The deal also augments an existing arrangement with Houston-based B2XL, which has worked intensively for several years to introduce customers to Salunda’s product family.

This expanded presence will drive interest and growth of Salunda’s technologies as adoption of MudChecker products accelerates.

Salunda has established a reputation as experts in rapidly delivering robust monitoring solutions for harsh environments, which ensure a safer workplace, improve efficiency and reduce non-productive time during drilling. OFITE has been delivering products and services since 1982, and brings more than 30 years of experience in the drilling and completions industries to the market place. More at www.salunda.com and www.ofite.com.