Hydrocarbon Dynamics: Receives further orders for Multi-Flow

  • Hydrocarbon Dynamics (HCD) has received a repeat order from a distributor for the Multi-Flow product, for around $80,000
  • Testing the ability of HCD Multi-Flow to reduce or prevent the buildup of paraffin deposition in wells and flowlines
  • Multi-Flow isa chemical injected into pipelines and wells to control waxes, asphaltenes and resins which can accumulate and decrease flow rates
  • The distributor has also reported an increase in production of around 13 per cent across 15 wells at the trial project in Alberta
  • Then the new order of HCD Multi-Flow will used in the ongoing trial in Alberta
  • Shares have been up 25 per cent at 3 cents at 3:40 pm AEDT
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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