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Particle Drilling to consider sale of company as part of review process
By Lisa Kerner
Charlotte, N.C., Sept. 17 - A special committee of Particle Drilling Technologies, Inc.'s board of directors will evaluate and pursue strategic alternatives.
Alternatives could include a strategic industry joint venture, a technology licensing arrangement or a sale of the company, according to a Particle Drilling news release.
Particle Drilling is a Houston-based development-stage oilfield service and technology company.
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