Hunting Plc announced April 30 that its Hunting Titan division has entered into an agreement with Xi’an Well-sun Electronics Technology Plc for the distribution of Well-sun’s products and technologies for all markets with the exclusion of the People’s Republic of China.
“We are extremely pleased to be able to work with the Hunting organization and their global footprint to promote our products,” Zian Baoping, president of Xi’an Well-sun Electronics Technology Plc, said.
“Our agreement with Well-sun enhances our portfolio of cased-hole solution products, and provides our customers additional technology thru our distribution platform,” added Jason Mai, managing director of Hunting’s Titan Division.
Front-month natural gas futures rose 14.0 cents, or 5.1%, to settle at $2.881/MMBtu, their highest close since March 2019.
A colder winter will combine with lower production to boost prices.
The last time a major hurricane, Laura, passed close to Cameron and Cheniere's Sabine Pass, both companies evacuated personnel and shut the LNG export facilities before the storm made landfall.