Galenfeha, Inc. (GLFH) Widens Distribution Network in Southwestern States through Exclusive Distributor Agreement

Despite a downturn in the oil and gas industry, Galenfeha, Inc. (OTC: GLFH) is promoting strong financial growth by providing innovative solutions that help oil and gas producers increase efficiency and limit costs. Last month, the company introduced its proprietary iWaV intelligent injection control system, which seamlessly interfaces with existing SCADA infrastructure, enabling operators to remotely automate all aspects of chemical titration at well sites. In addition to demonstrating Galenfeha’s ongoing commitment to the oil and gas industry, the iWaV system provides the means for substantial cost savings by minimizing the need for labor-intensive, potentially dangerous onsite maintenance activities.

Earlier today, the company took a major step toward capitalizing on the marketability of its revolutionary system and increasing its presence in the oil and gas industry by announcing an exclusive distribution agreement with Oil and Gas Equipment, Inc. This agreement – which followed Galenfeha’s August announcement of a separate distribution agreement for the West Texas region – is expected to greatly improve the...

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