Sale of substantially all of its assets and related technology to oil and natural gas service industry purchaser.
Dale Tremblay has resigned as a member of the Board of Directors
Leigh Cassidy has joined the Corporation on an advisory basis to assist the Corporation.
Two year contract with BlackBrush Oil and Gas, L.P. to provide fracturing services in South Texas.
GASFRAC Energy Services Inc. has reported the appointment of Jason Munro as company President and the promotion of Doug McMillan to Senior Vice President, Operations.
Terrace recently commented on the results of this fracturing technology stating: "This successful use of hydrocarbon-based fracturing fluids represents a significant advancement in the development of the Eagle Ford Shale in the "black oil" window."
GASFRAC reported the appointment of Lori Mcleod-Hill as Chief Financial Officer and Colin Peters as Vice President Operations.
GASFRAC Chairman, Mr. Gerry Roe noted: "The Company has developed a strong executive team over the last several months.
GASFRAC has detailed results of the vote for the election of directors held at such annual meeting on May 9, 2013.
Two of the Company's key patents (Liquified Petroleum Gas Fracturing System - Gas Blanket and Proppant Addition System and Method) have now been issued/allowed in the USA.