CALGARY, Feb. 14, 2013 /CNW/ - Raise Production Inc. (TSX-V: RPC)
("Raise" or the "Company") is pleased to announce that it has been
recognized by the TSX Venture Exchange as one of the 2013 TSX Venture
50, a ranking of strong performing companies on the TSX Venture
The TSX Venture 50 annually awards the top ten companies listed on the
TSX Venture Exchange, in each of five major industry sectors - Oil and
Gas, Mining, Technology & Life Sciences, Diversified Industries and
Clean Technology. The companies were chosen based on their share price
appreciation, trading volume, market capitalization, growth and analyst
coverage, as of December 31, 2012.
Raise achieved the fifth position out of the ten companies selected in
the Diversified Industries sector.
Eric Laing, CEO of the Company, said "we are honoured to be selected for
this award by the TSX Venture Exchange. This is an exciting time for
Raise as we move toward testing our horizontal well bore production
management system. I would like to sincerely thank all of our
employees and directors for their significant efforts towards our goal
of commercializing our technology."
About Raise Production Inc.
The Company is an innovative oilfield service company that focuses its
efforts on the production service sector, utilizing its patented
products to enhance and increase ultimate production in both
conventional and unconventional horizontal oil and gas wells.
This news release contains certain forward-looking statements. All
statements, other than statements of historical fact, are forward
looking statements that involve various risks and uncertainties. There
can be no assurance that such statements will prove to be accurate and
actual results and future events could differ materially from these
anticipated in such statements.
Neither TSX Venture Exchange nor its Regulation Services Provider (as
that term is defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this news
SOURCE: Raise Production Inc.
For further information:
Eric Laing, President and Chief Executive Officer
Susan Scullion, Chief Financial Officer
Raise Production Inc.
2620-58th Avenue S.E.
Calgary, Alberta T2C 1G5
Tel: (403) 699-7675
Website at: www.raiseproduction.com