Competition For Frac Tech Stake Highlights Global Zeal For Unconventional Technology

Frac Tech's shale expertise makes it highly attractive to national oil companies looking to accelerate their own unconventional oil and gas programmes. Moreover, the cash injection provided by an equity deal with a Chinese or Saudi NOC could facilitate the company's continued expansion. By selling its secrets, however, Frac Tech risks jeopardising some of the long-term international growth its is targeting.

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