Oil and gas technology company Coretrack has secured ownership of a high-tech drilling rig after a legal battle with intellectual property licensor Strange Investments.
Two months after acquiring fraccing technology developer Ecopropp, energy company Coretrack has completed a successful raising of $2 million to advance the new business.
Perth-based oil and gas services company Coretrack has signed a deal to acquire unlisted fraccing technology developer Ecopropp in an all-scrip transaction worth about $17 million.