Galenfeha Completes Successful Testing Of Solar Power Station
BEDFORD, Texas, Oct. 20, 2014 /PRNewswire/ -- Galenfeha, Inc. (OTCBB: GLFH), is pleased to announce that the Company has completed successful field testing of its portable, solar regenerated power supply station.
Galenfeha conducted field-testing for a major petroleum production company in the Haynesville shale area of Louisiana. The company's client was seeking a viable solution to power a chemical injection pump station. The location historically has been very problematic due to conventional battery failures and has not allowed for natural gas to be processed on a consistent basis. The test was orchestrated in an incredibly rigorous environment that required the battery array to consistently deliver stable voltage and current in a cyclical manner 9 times per minute for 2.2 seconds, 24 hours per day. This regimen is substantial in that it allows very little time for battery chemistry to recover to resting voltage before it is taxed once again. It should also be noted that utilizing the Galenfeha system reduced the ratio of batteries in the array by over half the original lead acid quantity. The end result over a 60+ day period was zero replacement or maintenance of the Galenfeha product on location verses the replacement of 12 batteries at the sister location less than a mile away. The producer has since purchased the skid and has another on order.
James Ketner, Chief Executive Officer of Galenfeha, stated, "Our firm enjoys difficult field testing scenarios such as these. Tangible successes resulting in increased dependability which leads to higher profitability for our clients makes for long-term relationships. Environmentally friendly, profit center driven solutions are and always will be our ultimate goal for our clients."
Galenfeha, Inc. is an engineering services and product development/manufacturing company serving the oil, gas, and energy industries. The company is continually researching and developing new products to aid energy producers in reducing costs, increasing efficiency, and reducing global pollution, Galenfeha products include a complete line of patent pending, microprocessor controlled, LiFePO4 chemistry battery systems for measurement, automation and chemical injection systems.
For more information on Galenfeha's products and services, please visit www.galenfeha.com.
Contact:
LaNell Armour
Director
Galenfeha, Inc.
[email protected]
773-879-6384
Forward-Looking Statements: Except for historical information contained in this release, the matters discussed are forward-looking statements that involve risks and uncertainties. When used in this release, words such as "anticipate," "believes," "estimate," "expect," "should," "intend," "projects," "objective," and "appears," and similar expressions, as they relate to the Company or its management, identify forward-looking statements. Such forward-looking statements are based on the beliefs of the Company's management, as well as assumptions made by and information currently available to the Company's management. Among the factors that could cause actual results to differ materially are the following: the effect of business and economic conditions; the impact of competitive products and pricing; capacity and supply constraints or difficulties; product development, commercialization, or technological difficulties; the regulatory and trade environment; the impact of reimbursement rates and coverage; and the risk factors reported from time to time in the Company's SEC reports. The Company undertakes no obligation to revise any forward-looking statements as a result of future events or developments.
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SOURCE Galenfeha, Inc.
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