Mississauga, ON -- (SBWIRE) -- 06/13/2017 -- AllPennyStocks.com Media, Inc. (http://www.AllPennyStocks.com/) announces its latest article titled "Bri-Chem Broadens Footprint in Permian Basin."
Companies mentioned in this article include Bri-Chem Corp. (TSX:BRY).
Following a pullback from a 52-week high at 79 cents last month, shares of Bri-Chem Corp. (TSX:BRY) are back on the climb in Tuesday morning action, making it one of the largest movers amongst TSX-listed issues. The Edmonton-based company, which specializes in wholesale distribution of oilfield drilling, completion, stimulation and production chemical fluids, issued a short-and-sweet press release noting greater penetration into the prolific and popular Permian Basin in Texas.
Bri-Chem said that it widened its footprint in the U.S. drilling fluids market by adding its fourth warehouse and second oil based mud blending plant in Texas. The oil based mud plant is strategically located in Kermit, Texas, which puts it near the central platform between the Delaware and Midland basins of the Permian basin.
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