Flotek Industries, Inc. (NYSE:FTK) Files An 8-K Regulation FD Disclosure
Item7.01
| Regulation FD Disclosure. |
On December21, 2016, Flotek Industries, Inc. (the Company)
received a letter from MHA Petroleum Consultants LLC (MHA)
responding to criticisms by FourWorld Capital Management and
others of prior reports prepared by MHA for the Company regarding
the efficacy of the Companys CnF chemical products. A copy of the
letter from MHA is furnished herewith as Exhibit 99.1 to this
Current Report on Form 8-K and is incorporated herein by
reference.
The information furnished to Item7.01 of this Current Report on
Form 8-K and in Exhibit 99.1 shall not be deemed to be filed for
purposes of Section18 of the Securities Exchange Act of 1934, as
amended, is not subject to the liabilities of that section and is
not deemed incorporated by reference in any filing of the
Companys under the Securities Exchange Act of 1933, as amended,
except as otherwise expressly stated in such filing.
| Item9.01. | Financial Statements and Exhibits. |
| (d) | Exhibits. |
|
ExhibitNumber |
Description |
|
| 99.1 |
Letter from MHA Petroleum Consultants LLC, dated December 21, 2016. |
About Flotek Industries, Inc. (NYSE:FTK)
Flotek Industries, Inc. is a technology-driven company that develops and supplies oilfield products, services and equipment to the oil, gas and mining industries. The Company has four business segments: Energy Chemistry Technologies, Consumer and Industrial Chemical Technologies, Drilling Technologies, and Production Technologies. The Energy Chemistry Technologies segment designs, develops, manufactures, packages and markets chemicals for use in oil and gas well drilling, cementing, completion, stimulation and production activities. The Consumer and Industrial Chemicals Technologies segment sources citrus oil domestically and internationally, and is a processor of citrus oils. The Drilling Technologies segment is a provider of downhole drilling tools for use in oilfield, mining, water-well and industrial drilling activities. The Production Technologies segment provides pumping system components, electric submersible pumps, gas separators, production valves and complementary services. Flotek Industries, Inc. (NYSE:FTK) Recent Trading Information
Flotek Industries, Inc. (NYSE:FTK) closed its last trading session up +0.40 at 9.85 with 1,857,309 shares trading hands.
