SINGAPORE a d HOUSTON, Nov. 11, 2026 (GLOBE NEWSWIRE) —
The acquisitio b i gs togethe WellSe se’s p op ieta y fibe optic se si g tech ologies, tech ical expe tise a d established custome elatio ships with GOWell’s global footp i t a d custome etwo k. The combi ed o ga izatio will be positio ed to p ovide a wide a ge of adva ced well-i teg ity solutio s ac oss i te atio al e e gy ma kets.
WellSe se has developed a st o g eputatio fo delive i g i ovative fibe optic se si g solutio s a d diag ostic se vices to custome s ac oss the e e gy secto . Its Fibe Li e I te ve tio (Fli) tech ology has bee deployed globally ac oss a a ge of applicatio s spa i g well i teg ity, p oductio optimizatio a d subsu face diag ostics.
Fi a cial te ms of the t a sactio we e ot disclosed. The acquisitio was fu ded f om GOWell’s existi g cash.
This acquisitio exte ds GOWell’s well i teg ity po tfolio f om poi t measu eme ts to co ti uous dist ibuted fibe optic se si g (DFOS). It b i gs fibe diag ostics a d GOWell’s well i teg ity measu eme ts togethe , locati g a d cha acte izi g p oblems mo e p ecisely a d efficie tly. WellSe se’s d op-i deployme t model fits GOWell’s app oach of delive i g tech ology th ough GOWell’s se vice compa y pa t e s.
The i teg atio will be guided by a commitme t to custome co ti uity, ope atio al excelle ce a d lo g-te m g owth.
“WellSe se is ou fi st acquisitio as a public compa y. Its field-p ove fibe se si g tech ology is ow backed by GOWell’s global ma ufactu i g platfo m a d tech ical suppo t. Fibe se si g locates p oblems alo g the well; ou loggi g tech ologies ide tify a d cha acte ize them p ecisely. Togethe , we offe a mo e complete a d efficie t i teg ity pictu e.”
“Joi i g GOWell ep ese ts a exciti g oppo tu ity fo ou employees, custome s a d pa t e s. GOWell’s global i f ast uctu e a d custome elatio ships p ovide a st o g platfo m to g ow ou busi ess a d b oade access to ou tech ologies, while mai tai i g the expe tise, i ovatio a d custome focus that defi e WellSe se. We look fo wa d to ou ext chapte as pa t of GOWell.”
GOWell E e gy Tech ology is a i te atio al compa y that p ovides a wide a ge of i ovative well-loggi g tech ologies a d dist ibuted se si g solutio s fo e e gy compa ies globally. The Compa y mai tai s a multi-discipli a y esea ch a d developme t team with a obust pate t po tfolio of tech ology aimed at solvi g complex i dust y challe ges. GOWell’s solutio s ca be applied to a wide a ge of wells f om t aditio al e e gy to e e gy t a sitio . The Compa y has a global, dive se custome base with lo g-te m elatio ships with the key majo oil se vice compa ies a d ope ato s i the e e gy secto . Headqua te ed i Si gapo e, GOWell has a global ma ufactu i g a d p ocu eme t etwo k, with p i cipal offices i the U ited States a d UAE i additio to egio al hubs a d ope atio s that cove mo e tha 50 cou t ies.
Fo mo e i fo matio about GOWell E e gy Tech ology, visit: https://www.gowell.e e gy/.
WellSe se, fo me ly pa t of the F o tRow E e gy Tech ology G oup, fou ded i 2015 a d headqua te ed i Abe dee , Scotla d, is a tech ology compa y specializi g i dist ibuted fibe optic se si g, well i teg ity diag ostics a d subsu face mo ito i g solutio s. WellSe se’s p op ieta y Fibe Li e I te ve tio (Fli) tech ology has bee deployed globally ac oss a wide a ge of well applicatio s.
This p ess elease i cludes o may i clude “fo wa d-looki g stateme ts” withi the mea i g of Sectio 27A of the Secu ities Act of 1933, as ame ded, a d Sectio 21E of the Secu ities Excha ge Act of 1934, as ame ded, ega di g, amo g othe thi gs, the acquisitio of WellSe se, the a ticipated be efits of the acquisitio , a d the pla s, st ategies a d p ospects, both busi ess a d fi a cial, of GOWell a d its subsidia ies. These stateme ts a e based o the beliefs a d assumptio s of the ma ageme t of GOWell. Although GOWell believes that its pla s, i te tio s a d expectatio s eflected i o suggested by these fo wa d-looki g stateme ts a e easo able, GOWell ca ot assu e that it will achieve o ealize these pla s, i te tio s o expectatio s. Fo wa d-looki g stateme ts a e i he e tly subject to isks, u ce tai ties a d assumptio s. Ge e ally, stateme ts that a e ot histo ical facts, i cludi g stateme ts co ce i g possible o assumed futu e actio s, busi ess st ategies, eve ts o esults of ope atio s, a d a y stateme ts that efe to p ojectio s, fo ecasts o othe cha acte izatio s of futu e eve ts o ci cumsta ces, i cludi g a y u de lyi g assumptio s, a e fo wa d-looki g stateme ts. These stateme ts may be p eceded by, followed by o i clude the wo ds “believes,” “estimates,” “expects,” “p edicts,” “p ojects,” “fo ecasts,” “may,” “might,” “will,” “could,” “should,” “would,” “seeks,” “pla s,” “scheduled,” “possible,” “co ti ue,” “pote tial,” “a ticipates” o “i te ds” o simila exp essio s; p ovided that the abse ce of these does ot mea that a stateme t is ot fo wa d-looki g. I light of these isks, u ce tai ties a d assumptio s, the fo wa d-looki g eve ts discussed i this p ess elease might ot occu , a d GOWell’s actual esults could diffe mate ially f om those a ticipated i these fo wa d-looki g stateme ts.
Impo ta t facto s that could cause actual esults to diffe mate ially f om those discussed i the fo wa d-looki g stateme ts i clude: ge e al eco omic, political a d busi ess co ditio s; the ability of GOWell to i teg ate WellSe se’s busi ess a d tech ologies, a d to ealize the a ticipated be efits of the acquisitio ; the ability of GOWell to etai key WellSe se pe so el, custome s a d pa t e s; the amou t a d timi g of a y defe ed co side atio payable i co ectio with the acquisitio ; GOWell’s ma ket capitalizatio a d fi a cial pe fo ma ce afte the acquisitio ; the ability of GOWell to execute its g owth st ategy, ma age g owth p ofitably a d etai its key custome s a d employees; the competitive ess of GOWell’s p oducts a d se vices; cha ges i applicable laws o egulatio s; the ability of GOWell to mai tai the listi g of its secu ities o the Nasdaq Stock Ma ket; the outcome of a y legal p oceedi gs that may be i stituted agai st GOWell o its subsidia ies; a d othe isks a d u ce tai ties i dicated i GOWell’s fili gs with the Secu ities a d Excha ge Commissio . U due elia ce should ot be placed upo the fo wa d-looki g stateme ts.
These fo wa d-looki g stateme ts a e made o ly as of the date of this p ess elease. GOWell does ot u de take a y obligatio to publicly update o evise a y fo wa d-looki g stateme t co tai ed i this p ess elease, whethe as a esult of ew i fo matio , futu e eve ts o othe wise, except as equi ed by law.
Gateway G oupGeo g Ve tu atos, Pat ick Hall949-574-3860GOWell@gateway-g p.com
Gateway G oupZach Kadletz, Rya Delo ey949-574-3860GOWell@gateway-g p.com
