Houston, TX, June 23, 2016: MYCELX Signs Exclusive Agreement With Schlumberger
June 24th, 2016
MYCELX Technologies Corporation (AIM: MYX), the clean water technology company providing patented solutions for commercial industrial markets worldwide, is pleased to announce that it has entered into an exclusive marketing and distribution agreement with Cameron, a Schlumberger company.
The agreement provides Schlumberger exclusive rights to distribute MYCELX products in the upstream market. In particular, both companies will work to expedite the industry adoption of MYCELX’s new REGEN product line as the water treatment method of choice in the upstream oil and gas market. MYCELX will retain its current business in the downstream market for all its products and services.
MYCELX’s Chief Executive Officer, Connie Mixon, commented: