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Stock Market & Financial Investment News

News Breaks
January 16, 2014
07:25 EDTFTKFlotek completes purchas eof Eclipse IOR Services for $7M
Flotek announced the closing of its purchase of Eclipse IOR Services and plans to expand its Enhanced Oil Recovery platform. Total consideration for the purchase was $7M, including $5.25M in cash and 94,354 shares of Flotek Common Stock. The transaction is effective January 1. While final year-end financials are pending, the Company estimates EOGA's 2013 Net Income to be approximately $1.6M.
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