Raise Production Inc. Announces Patent Award for China

Calgary-headquartered Raise Production Inc., an oilfield service company, will receive the system and method patent from China for its Horizontal Artificial Recovery Technology ("HART"), which is used to increase productivity in horizontal wellbores. International patents validate the uniqueness of the HART in respect to the method of multiple pumps deployed into horizontal wellbores. The Chinese patent is in addition to the Canadian, Australian, and Russian patents previously awarded. The Company expects the remaining six international patent applications, including the United States, to be approved in due course.

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