
Wednesday, May 10, 2017
MYCELX Technologies Corp was awarded its first contract in the Nigerian oil and gas market. The contract calls for MYCELX to provide its complete water system to an independent oil and gas producer focused on developing its current reserves in the Niger Delta region.
MYCELX’s system will solve the water challenges the operator will come across as its uses water injection to increase production and reserves.
The contract is expected to open up a new geographical market for MYCELX, and support the company’s internal growth projections for 2017.