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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's Coil Solutions has $2.6M in purchase orders

By The Northwire Desk — AI Analysis Dec 02, 2025 · 04:03 RFX · 0.145 Reeflex Solutions Inc
RFX · Price

Executive Summary

  • Reeflex Solutions Inc., via its subsidiary Coil Solutions Inc., received purchase orders totaling approximately $2.6 million for six CSI‑160,000‑lb coiled tubing injectors.
  • The injectors will be installed on drilling units deployed by a leading global oil‑field service provider in Saudi Arabia’s natural gas fields, supporting enhanced gas recovery projects.
  • Deliveries are scheduled to begin in Q1 2026 and continue throughout the year, providing solid revenue visibility for 2026.

Key Details

  • Purchase orders: ~ $2.6 million for six CSI‑160 k‑lb coiled tubing injectors.
  • Customer: Unnamed leading global oil‑field service provider operating in Saudi Arabia’s natural gas sector.
  • Application: Enhanced gas recovery and natural gas development initiatives.
  • Delivery schedule: First shipments in Q1 2026, with subsequent deliveries across the remainder of 2026.
  • Revenue impact: Provides confirmed revenue stream for 2026, strengthening Reeflex’s positioning in international coiled‑tubing markets.

Notable Quotes

“This order reinforces the confidence customers have in CSI's injector technology for enhanced gas recovery 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, EVP & CFO, Reeflex Solutions Inc.

Read the original news release →

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