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Today announced the acceptance of multiple contract awards in April 2023 for 17 Flush Mount Spiders (FMS) totaling CAD$4.1 million from several large, independent U.S. service companies based in West Texas. The FMS technology provides casing running service providers with performance and safety advantages inherent with its unique design features. McCoy commercialized this technology in 2022 and has since received sales and rental commitments for a total of 32 units. McCoy Global Inc. shares T.MCB are trading up $0.04 at $1.45.
Provided Content: Content provided by Baystreet. The Globe and Mail was not involved, and material was not reviewed prior to publication.
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