Particle Drilling Technologies Posts
Animation of Its Patented Drilling System to Website
HOUSTON, April 12 /PRNewswire-FirstCall/ -- Particle
Drilling Technologies, Inc. ("PDTI" or "Company") (Nasdaq:
PDRT) today announced that it has created an animated
presentation describing the patented Particle Impact Drilling
(PID) system. This presentation is intended to more fully
convey the purpose and fundamental operation of the PID
system. The presentation may be found on the Company's website
at: /.
Particle Drilling Technologies, Inc., headquartered in
Houston, Texas, is a development stage oilfield service and
technology company owning certain patents and pending patents
related to the Particle Impact Drilling technology. The
Company's technology is designed to enhance the
rate-of-penetration function in the drilling process,
particularly in hard rock drilling environments.
Certain statements in this press release that are not
historical but are forward-looking are subject to known and
unknown risks and uncertainties, which may cause PDTI's actual
results in future periods to be materially different from any
future performance that may be suggested in this press
release. Such risks and uncertainties may include, but are not
limited to, PDTI's ability to raise equity capital, if
necessary, and its ability to obtain equity financing on
acceptable terms, if at all, a severe worldwide slowdown in
the energy services sector and working capital constraints.
Further, PDTI is a development stage company that operates in
an industry sector where securities values are highly volatile
and may be influenced by economic and other factors beyond
PDTI's control such as announcements by competitors and
service providers.
Contacts:
J. Chris
Boswell, SVP & CFO Particle Drilling Technologies,
Inc. 713-223-3031 ext. 204
Ken Dennard, Managing Partner
Jack Lascar, Partner
DRG&E / 713-529-6600 | 
