This time, Oxane Materials Internationals, headed by Chris Coker and Texas Energy Network have, recognized as the two different energy and technology companies located in Houston have succeeded in securing million dollars in various new funding in the attempt towards pursuing of various types of business expansions. Oxane Materials Inc., a leading technology company known as the manufacturer of advanced ceramic for various types of energy industries or organizations recently availed 10 millions of dollars in the form of debt funds.
Chris Coker and other top-level managers of the company reported that their organization would use all of these new funds to give proper support towards ongoing efforts in commercialization activities for its already existing as well as many new Proppant products. Even the real estate company commercialized some advanced ceramic Proppants used for keeping hydraulic features into the open shale wells, so that gas, oil can easily flow out of rock.
In addition, Oxane Inc. is putting its efforts to work on development of its latest deepwater product. Simultaneously, a telecom company named Texas Energy Network had closed its huge equity investment worth 15 millions of dollars to provide energy companies with 4G wireless coverage in various remote areas of the city. This company has received investment from Alaska Telecom group in the attempt to deliver households of Alaska with video, voice solutions and even broadband facilities.
According to the comments of Greg Casey the CEO of Texas Energy Network, “GCI brings a wealth of operational and technical expertise from its broad service offering in Alaska, including providing communication services to the oilfield in the harsh environments of Alaska and the Gulf of Mexico.” Get similar type of update from here.
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