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Friday, February 1, 2013

American Power Group making moves in the Marcellus


American Power Group


American Power Group Receives $1.5 Million Order From Cudd Energy Services for Hydraulic Fracturing Installation in the Marcellus Shale Region


American Power Group Corporation (OTCQB: APGI) announced today that its subsidiary, American Power Group, Inc. ("APG"), has received purchase orders totaling $1.5 million from Cudd Energy Services to upgrade and convert diesel pumps used for hydraulic fracturing to APG's Turbocharged Natural Gas(TM) Dual Fuel System. APG will provide full turnkey installation including engineering services under an EPA Test Exemption while completing the EPA Memo 1A Testing and Compliance process, similar to the procedure APG completed in June 2012 for a different high-horsepower non-road compression ignition engine family. APG expects the installations to be completed during the next two calendar quarters in conjunction with the scheduled completion of the Memo 1A Testing.
Cudd Energy Services (www.cudd.com), a subsidiary of RPC Inc., is an oilfield service company offering a broad range of technical and specialized oilfield services to companies engaged in the exploration and production of oil and natural gas worldwide.
Prometheus Energy (www.prometheusenergy.com) will manage the onsite supply of liquefied natural gas (LNG) as the primary natural gas fuel source. Prometheus Energy provides turnkey fuel solutions that enable oilfield and other industrial users of diesel and other crude-derived fuels to use secure domestic LNG, reducing fuel cost and emissions. The company is vertically integrated from LNG production, distribution and logistics to onsite storage and vaporization.
American Power Group


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