Hydrocarbon Dynamics Limited (AU:HCD) has released an update.
Hydrocarbon Dynamics Limited reports continued success with their HCD Multi-Flow treatments, notably in the Gulf of Mexico, where a trial led to a 25% increase in oil flow for a mid-sized producer, potentially expanding to a larger pipeline deal worth A$2.2 million annually. Meanwhile, the company’s global trials, including in Dubai and the USA, show promising but preliminary results, with significant business potential upon success. The company is also pursuing new investment opportunities beyond its traditional energy sector, aiming to enhance shareholder value.
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