"We would like to thank Tommy for his years of service and many contributions to our organization," said
As part of an ongoing effort to reduce costs and to focus Company resources on the technical side of the business, the Company does not plan to fill his position at this time.
About Particle Drilling Technologies, Inc.
Particle Drilling Technologies, Inc. (Nasdaq: PDRT) is a development-stage oilfield service and technology company commercializing its patented and patent-pending Particle Impact Drilling system. The company's technology is designed to enhance the rate-of-penetration function in the drilling process, particularly in hard-rock environments. It is headquartered in
Contacts: J. B. Terry, President & CEO Particle Drilling Technologies, Inc. 713-223-3031 Jack Lascar / Sheila Stuewe DRG&E / 713-529-6600
SOURCE Particle Drilling Technologies, Inc.