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GLDN 0.055 +0.0% BRON 0.040 +0.0% BTO 5.43 −0.7% ESK 0.365 −2.7% AUMN 0.275 +0.0% GGX 0.040 +0.0% S 0.155 +29.2% NNX 0.035 +0.0% ABX 51.90 −0.6% TTS 2.40 −4.0% FCI 0.400 −9.1% GR 0.075 +0.0% AII 23.38 +12.4% TUNG 1.72 +1.8% LGO 1.01 −2.9% EMM 0.080 +0.0% GLDN 0.055 +0.0% BRON 0.040 +0.0% BTO 5.43 −0.7% ESK 0.365 −2.7% AUMN 0.275 +0.0% GGX 0.040 +0.0% S 0.155 +29.2% NNX 0.035 +0.0% ABX 51.90 −0.6% TTS 2.40 −4.0% FCI 0.400 −9.1% GR 0.075 +0.0% AII 23.38 +12.4% TUNG 1.72 +1.8% LGO 1.01 −2.9% EMM 0.080 +0.0%
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Reeflex Solutions Inc. Announces $2.6 Million of Purchase Orders for Six 160k Coiled Tubing Injectors to be Deployed in Saudi Arabia

By The Northwire Desk — AI Analysis Dec 01, 2025 · 12:31 RFX · 0.15 Reeflex Solutions Inc.
RFX · Price

Executive Summary

  • Reeflex Solutions’ subsidiary Coil Solutions Inc. received purchase orders worth approximately $2.6 million for six coiled‑tubing injectors.
  • The injectors will be deployed on drilling units for a major oilfield services provider in Saudi Arabia’s natural‑gas fields, supporting enhanced gas recovery (EGR) projects.
  • Deliveries are scheduled to begin in Q1 2026 and continue throughout the year, providing solid revenue visibility for 2026.

Key Details

  • Purchase Order Value: ~$2.6 M total for six CSI 160,000‑lb coiled‑tubing injectors.
  • Customer/Project: Leading global oilfield services provider; equipment to be used on coiled‑tubing drilling units in Saudi Arabian natural‑gas fields for EGR and gas development initiatives.
  • Delivery Schedule: First deliveries start in Q1 2026, with shipments continuing through the remainder of 2026.
  • Revenue Impact: Provides confirmed revenue stream for 2026, enhancing visibility and strengthening Reeflex’s position in international coiled‑tubing markets.
  • Management Commentary:
  • John Babic (President & CEO) highlighted customer confidence in CSI’s injector technology for EGR applications.
  • Trevor Conway (EVP & CFO) noted the orders give solid revenue visibility into 2026 and bolster market positioning.

Notable Quotes

“This order reinforces the confidence customers have in CSI’s injector technology for enhanced gas recovery (EGR) applications,” – John Babic, President & CEO, Reeflex Solutions Inc.

“These purchase orders provide solid revenue visibility into 2026 and further strengthen our positioning in international coiled tubing markets.” – Trevor Conway, Executive Vice President & CFO, Reeflex Solutions Inc.

Read the original news release →

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