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Georgetown Enters Agreement Totaling $447,778

Source: www.gulfoilandgas.com 8/22/2012, Location: North America

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Georgetown Corporation is pleased to announce that, through its wholly-owned subsidiary Synergy Oil Tool & Supply LLC (Synergy), it has entered into an agreement to ship 427 joints of premium 4" XT-39(TM) Drill Pipe, related subs, & handling tools totaling $447,778.

Gary Haub, President of Synergy, stated, "We are pleased to have been selected as the drilling equipment supplier for this project and expect to provide additional services as our reputation for on-time delivery and quality products grows."

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