Geologix Partners With Blue Eagle Lithium to Identify Strategic Green Energy Metal Resources
HOUSTON, March 25, 2019 (GLOBE NEWSWIRE) -- Geologix Limited announces that it has secured a contract with Blue Eagle Lithium Inc. (OTCQB: BEAG) to provide a fully integrated asset management (IAM) system for its activities in both conventional brine and Petro-Lithium extraction.
Blue Eagle is a Lithium exploration company engaged in identifying, evaluating, and developing early-stage Lithium and rare earth metal exploration opportunities in North America. The Company's initial property is located in Railroad Valley, Nevada, a highly prospective green-fields Lithium brine target area that features many similarities to the nearby prolific Clayton Valley. Recent soil samples demonstrate encouraging concentrations, and the results have been included in the company’s NI 43-101 Report.
This contract represents a desire by Geologix to take its best-in-class services to a wider audience. The Company’s market-leading software, designed with the user at the forefront, is adaptable and scalable across all extractive industries. Geologix has historically supplied its software to a number of U.S. Oil and Gas companies, as well as the Minerals Management Service Federal agency.
Geologix is a leading technology and engineering application development company focused on providing innovative and reliable solutions for digital transformation for integrated operations in drilling, subsurface, production and pipeline. Geologix has worked with more than 200 customers in 60 countries worldwide. Its world-class, globally distributed team of geoscientists, engineers and software developers provide systems, tools and solutions to reduce cost, improve operations and streamline the flow of real-time data and information. Geologix provides users with a full package of technology, domain consulting, knowledge transfer, maintenance and support, with geoscientists, engineers and domain experts on call twenty-four hours a day. With offices in the UK, Houston, Jakarta and Delhi, Geologix ensures on-time, bespoke support, wherever you are.
This news release may contain "forward-looking" statements. These forward-looking statements are only predictions and are subject to certain risks, uncertainties and assumptions that could cause actual results to differ from those in the forward looking-statements. Potential risks and uncertainties include such factors as uncertainty of consumer demand for the Company's products, as well as additional risks and uncertainties that are identified and described in the Company's SEC reports. Actual results may differ materially from the forward-looking statements in this press release. Statements made herein are as of the date of this press release and should not be relied upon as of any subsequent date. The Company does not undertake, and it specifically disclaims, any obligation to update any forward-looking statements to reflect occurrences, developments, events or circumstances after the date of such statement.
Released March 25, 2019