Galenfeha, Inc. (GLFH) Deepens Oil and Gas Industry Penetration with BHP Billiton Deal
Design and engineering firm Galenfeha, Inc. (OTC: GLFH) has extended its reach into the oil and gas industry by providing advanced stored energy solutions to U.S. oil and gas producer BHP Billiton (NYSE: BHP). In addition to chemical injection systems, Galenfeha designs, manufactures and markets a complete line of patent pending, microprocessor-controlled battery systems specifically designed for oil and gas measurement, automation and production. BHP Billiton will incorporate Galenfeha’s proprietary CDMA/satellite asset location and tracking technology in its battery systems. This technology is field proven and currently utilized by six of the largest hydrocarbon producers in the United States. As…