Category Archives: Galenfeha Inc. GLFH

Galenfeha, Inc. (GLFH) Performance & Savings Advantages of Proprietary LiFePO4 Battery Tech Key to Rapidly Growing Distribution Footprint

October 20, 2015

Hot on the heels of signing an exclusive distributor agreement with 57-year veteran oil and gas production services and equipment supplier, Oil and Gas Equipment, Inc. (which is focused on delivering a soup-to-nuts capability for sector operators in Colorado, New Mexico and Utah), developer of proprietary stored energy solutions and ultra-high precision chemical injection pumps, Galenfeha, Inc., recently announced that the company is now on track to become the nation’s top consumer of LiFePO4 (lithium iron phosphate) chemistry. Given the continuing downturn in energy prices, oil and gas sector operators are clamoring for ways to shore up efficiency, and whether that comes in the form of the company’s revolutionary SCADA-controlled (pneumatic and solar) chemical injection pump control platform, the iWaV, or the company’s increasingly popular and extremely robust lineup of LiFePO4 batteries, GLFH is seeing mounting market penetration. In the battery arena specifically, this trend now has the company poised to steal the top slot from the only other company in the country with a bigger footprint in this compelling battery chemistry.

This latest distributor agreement announcement follows up on the exclusive distribution deal inked back in August with one of the most trusted names in West Texas oilfield services, Control Equipment, Inc., a deal which greatly expanded GLFH’s throughput in the Permian Basin. Sometime next year, on the strength of continuingly positive sales of oilfield batteries and increased penetration in other markets for the company’s lineup of patent pending, microprocessor controlled LiFePO4 battery systems, such as the NEV (neighborhood electric vehicle) and golf cart markets, Galenfeha will likely become the biggest U.S. manufacturer doing lithium iron phosphate batteries. Already hard at work on accessing new horizons for its range of batteries, including testing units that are slated to capture sizeable share in the U.S. military market, Galenfeha, with its extremely safe, yet lightweight lithium iron phosphate battery technology, is now really starting to turn heads as a provider of environmentally safe alternatives to lead-acid batteries. And these are alternatives that come with significant performance advantages to boot.

The same superb thermal stability, long-lasting electrochemical properties and superior energy density (compared to other chemistries such as lithium-ion), which has won the company’s technology many ardent fans in the oil and gas production game, has also set GLFH up for success in other battery end markets. The company’s current lineup, consisting of 30AH and 120AH (13.2V), 40AH and 120AH (12V), and a 12V mobile system (for vehicle emergency starter applications, as well as for field charging mobile phones or other electronic devices, and supplying continuous power for devices such as laptops), is fast becoming the go to choice across a wide variety of markets. Not only are these batteries an extremely attractive solution for upgrading various traditional lead-acid battery systems, offering benefits such as an absence of dangerous gases being generated during charging, the proprietary onboard battery management system (BMS) developed by GLFH also represents a significant cost-saving and logistical efficiency advantage. An advantage which has made Galenfeha a rising star among consumers of the technology.

The much lower self-discharge rate, lack of need for water and a complete lack of sulfation on the batteries (as is common with lead-acid), makes Galenfeha’s battery systems a no-brainer when it comes to standalone applications where a (for instance) vehicle sits idle for an extended period of time. This is a key advantage in applications such as golf carts, which sit during the off-season for long periods of time, or for things like range targeting systems in the military. The company’s proprietary BMS further enhances this advantage by providing continuous monitoring of the system’s operational parameters, such as current flow, voltage, and internal temperatures during charging/discharging. The net benefit is a battery that not only offers high energy density for direct power use due to the specific capabilities of the company’s LiFePO4 chemistry, but which also lasts a lot longer, thanks to continuous assurance that the battery is operating in a safe state, and that the cells are being protected from overcharge or being discharged too low, as well as optimally balanced, by the BMS.

The military market alone holds significant, untapped potential for GLFH’s technology and an already strong footing in oilfield services, combined with a growing presence in the golf cart/NEV space, makes this extremely agile company a highly interesting target for savvy investors. Galenfeha’s relatively small size and its established track record for providing the kinds of problem solving and tight-knit working relationships needed to master the military market, which is characterized by high demand for tailored solutions and an increasing focus on energy savings/environmental impact, make this company a share price-accessible vehicle for shareholders looking to profit amid the ongoing shift towards greater energy efficiency across the DOD’s entire landscape, as well as numerous sectors. And the company is even positioned to compete with Tesla’s (NASDAQ: TSLA) Powerwall technology for home backup power and main use energy cost efficiency, with an arguably superior implementation of the same concept, based on the company’s LiFePO4 chemistry, instead of lithium-ion cells.

Learn more, visit Galenfeha’s website at www.galenfeha.com

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Galenfeha, Inc. (GLFH) Outpacing the Competition with LiFePO4 Chemistry

October 15, 2015

Hot on the heels of signing an exclusive distributor agreement with 57-year veteran oil and gas production services and equipment supplier, Oil and Gas Equipment, Inc. (which is focused on delivering a soup-to-nuts capability for sector operators in Colorado, New Mexico and Utah), developer of proprietary stored energy solutions and ultra-high precision chemical injection pumps, Galenfeha, Inc., recently announced that the company is now on track to become the nation’s top consumer of LiFePO4 (lithium iron phosphate) chemistry. Given the continuing downturn in energy prices, oil and gas sector operators are clamoring for ways to shore up efficiency, and whether that comes in the form of the company’s revolutionary SCADA-controlled (pneumatic and solar) chemical injection pump control platform, the iWaV, or the company’s increasingly popular and extremely robust lineup of LiFePO4 batteries, GLFH is seeing mounting market penetration. In the battery arena specifically, this trend now has the company poised to steal the top slot from the only other company in the country with a bigger footprint in this compelling battery chemistry.

This latest distributor agreement announcement follows up on the exclusive distribution deal inked back in August with one of the most trusted names in West Texas oilfield services, Control Equipment, Inc., a deal which greatly expanded GLFH’s throughput in the Permian Basin. Sometime next year, on the strength of continuingly positive sales of oilfield batteries and increased penetration in other markets for the company’s lineup of patent pending, microprocessor controlled LiFePO4 battery systems, such as the NEV (neighborhood electric vehicle) and golf cart markets, Galenfeha will likely become the biggest U.S. manufacturer doing lithium iron phosphate batteries. Already hard at work on accessing new horizons for its range of batteries, including testing units that are slated to capture sizeable share in the U.S. military market, Galenfeha, with its extremely safe, yet lightweight lithium iron phosphate battery technology, is now really starting to turn heads as a provider of environmentally safe alternatives to lead-acid batteries. And these are alternatives that come with significant performance advantages to boot.

The same superb thermal stability, long-lasting electrochemical properties and superior energy density (compared to other chemistries such as lithium-ion), which has won the company’s technology many ardent fans in the oil and gas production game, has also set GLFH up for success in other battery end markets. The company’s current lineup, consisting of 30AH and 120AH (13.2V), 40AH and 120AH (12V), and a 12V mobile system (for vehicle emergency starter applications, as well as for field charging mobile phones or other electronic devices, and supplying continuous power for devices such as laptops), is fast becoming the go to choice across a wide variety of markets. Not only are these batteries an extremely attractive solution for upgrading various traditional lead-acid battery systems, offering benefits such as an absence of dangerous gases being generated during charging, the proprietary onboard battery management system (BMS) developed by GLFH also represents a significant cost-saving and logistical efficiency advantage. An advantage which has made Galenfeha a rising star among consumers of the technology.

The much lower self-discharge rate, lack of need for water and a complete lack of sulfation on the batteries (as is common with lead-acid), makes Galenfeha’s battery systems a no-brainer when it comes to standalone applications where a (for instance) vehicle sits idle for an extended period of time. This is a key advantage in applications such as golf carts, which sit during the off-season for long periods of time, or for things like range targeting systems in the military. The company’s proprietary BMS further enhances this advantage by providing continuous monitoring of the system’s operational parameters, such as current flow, voltage, and internal temperatures during charging/discharging. The net benefit is a battery that not only offers high energy density for direct power use due to the specific capabilities of the company’s LiFePO4 chemistry, but which also lasts a lot longer, thanks to continuous assurance that the battery is operating in a safe state, and that the cells are being protected from overcharge or being discharged too low, as well as optimally balanced, by the BMS.

The military market alone holds significant, untapped potential for GLFH’s technology and an already strong footing in oilfield services, combined with a growing presence in the golf cart/NEV space, makes this extremely agile company a highly interesting target for savvy investors. Galenfeha’s relatively small size and its established track record for providing the kinds of problem solving and tight-knit working relationships needed to master the military market, which is characterized by high demand for tailored solutions and an increasing focus on energy savings/environmental impact, make this company a share price-accessible vehicle for shareholders looking to profit amid the ongoing shift towards greater energy efficiency across the DOD’s entire landscape, as well as numerous sectors. And the company is even positioned to compete with Tesla’s (NASDAQ: TSLA) Powerwall technology for home backup power and main use energy cost efficiency, with an arguably superior implementation of the same concept, based on the company’s LiFePO4 chemistry, instead of lithium-ion cells.

Learn more, visit Galenfeha’s website at www.galenfeha.com

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Galenfeha, Inc. (GLFH) Continues its Promise of Making Environmentally Friendly Products in a Not-So-Friendly World

October 14, 2015

Harmful products and practices to the environment are a growing concern in today’s world. That’s why Galenfeha, Inc. stands by its company’s pledge of developing environmentally-safe products that promote efficiency. The company designs and manufactures clean stored energy alternatives that power various machines. It creates a line of Lithium Iron Phosphate (LiFePO4) batteries and chemical injection systems that deliver high performance without releasing damaging emissions.

GLFH’s LiFePO4 battery is lightweight and can easily replace damaging lead-acid batteries that can severely impact the environment. The battery contains no acid and lead and therefore does not emit any gasses during use. The battery also has a Battery Management System (BMS) to monitor voltage, internal temperatures, and charging amounts. These factors contribute to the battery’s long life.

Additionally, the firm successfully built a battery system to use in golf carts. First, since the battery has no acid or lead, the carts do not give off any emission. Second, the battery allows for a significant decrease in weight for the vehicle since only four batteries are needed instead of the usual six. Lastly, the golf carts can be charged at the end of each season then moved to storage without fear of charge loss since the battery has long staying power.

GLFH recently announced its partnership with Oil and Gas Equipment Inc., an oil and gas production supplier, that will distribute its products over a greater area. Even before that, GLFH partnered with Control Equipment Inc., another oil and gas distributor, to expand its market. Establishing key alliances has increased cash-flow and revenues for GLFH that exceed last year’s numbers. This increase will promote the use of a large manufacturing facility to produce even more alternative products.

James Ketner, founder and CEO of Galenfeha, stated that, “Our products are quickly becoming industry leaders, greatly improving efficiency for oil and gas production and operations.” With its new partnerships, the company hopes to expand its brand while staying committed to being a leader in eco-friendly stored energy alternatives.

For more information, please visit www.galenfeha.com

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Galenfeha, Inc. (GLFH) Widens Distribution Network in Southwestern States through Exclusive Distributor Agreement

October 9, 2015

Despite a downturn in the oil and gas industry, Galenfeha, Inc. (OTC PINK: GLFH) is promoting strong financial growth by providing innovative solutions that help oil and gas producers increase efficiency and limit costs. Last month, the company introduced its proprietary iWaV intelligent injection control system, which seamlessly interfaces with existing SCADA infrastructure, enabling operators to remotely automate all aspects of chemical titration at well sites. In addition to demonstrating Galenfeha’s ongoing commitment to the oil and gas industry, the iWaV system provides the means for substantial cost savings by minimizing the need for labor-intensive, potentially dangerous onsite maintenance activities.

Earlier today, the company took a major step toward capitalizing on the marketability of its revolutionary system and increasing its presence in the oil and gas industry by announcing an exclusive distribution agreement with Oil and Gas Equipment, Inc. This agreement – which followed Galenfeha’s August announcement of a separate distribution agreement for the West Texas region – is expected to greatly improve the national presence and availability of the company’s products moving forward.

“We are delighted that Oil and Gas Equipment will represent our brand in new regions,” Lucien Marioneaux, Jr., president and chief executive officer of Galenfeha, stated in a news release. “We look forward to a successful partnership with incredible growth opportunities.”

Oil and Gas Equipment, Inc. has serviced the oil and gas industries in New Mexico, Utah and Colorado for nearly six decades. In this time, it has become known among industry experts as the premier ‘one-stop-shop’ for oil and gas production services and equipment.

In recent weeks, Galenfeha’s expanded product line has helped it achieve considerable financial growth. During the second quarter of 2015, the company recorded revenues of over $242,000 on its way to a gross profit of $132,000. The new relationships and payment terms associated with this growth are expected to spur a significant increase in cash flow in the months to come, allowing Galenfeha to explore opportunities to expand its manufacturing operations while continuing to promote maximized shareholder value.

Take a closer look at the company by visiting www.galenfeha.com

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Galenfeha, Inc. (GLFH) Addresses Cost-Intensive Chemical Injection Programs through Release of Innovative iWaV System

September 29, 2015

With energy prices continuing to fall in recent months toward six-year lows, oil and gas exploration and production companies are scrambling to find cost savings in order to remain competitive. Throughout the first half of 2015, EOG Resources, Inc. (NYSE: EOG) shifted its focus toward capital efficiency in order to better position itself to be successful in a lower commodity price environment, and other major North American producers, such as Anadarko Petroleum Corp. (NYSE: APC) and Apache Corp. (NYSE: APA) highlighted similar strategies in their most recent financial updates.

Despite these efforts to cut costs, environmental pressures remain at an all-time high, forcing major players in the oil and gas industry to address current market conditions in a cost-effective, environmentally conscious manner. Galenfeha, Inc. (OTC: GLFH), through the recent release of its innovative iWaV system, is addressing this demand while potentially revolutionizing the oil and gas chemical injection marketplace.

In a conventional reservoir, oil producers can typically expect to extract approximately 15 percent of hydrocarbons through conventional recovery techniques, which leaves about 85 percent that can’t be recovered without the use of more complex recovery methods. Chemical injection is one of the three primary techniques used in these enhanced oil recovery efforts. Using this technique, various chemicals are injected into reservoirs in order to aid in the mobility of oil deposits and reduce surface tension. Although chemical injection has proven to be highly effective, it is also particularly expensive. Traditionally, oil producers utilizing a chemical injection program have been forced to address maintenance onsite, which creates a costly, labor-intensive and potentially dangerous necessity that can seriously hamper financial performance.

Galenfeha’s iWaV is an open and powerful system that enables complete control of an entire chemical injection program through existing SCADA infrastructure. Following implementation of the iWaV system, oil producers gain access to a range of useful features designed to minimize the financial impact of one of the single highest expenses of operating a well site.

“We are proud to introduce Galenfeha’s groundbreaking iWaV system,” Lucien Marioneaux, Jr., president and chief executive officer of Galenfeha, stated in a news release. “This new development demonstrates our company’s commitment to provide the oil and gas industry with state-of-the-art and environmentally conscious products.”

As the current lower commodity price environment sends oil and gas firms in search of new solutions to cut costs and improve performance, Galenfeha is in a favorable position to capitalize on its groundbreaking iWaV platform. Offering complete, remote control of costly chemical injection programs at an attractive price point, the company expects the iWaV system to make serious waves in the oil and gas industry in the months to come.

Take a closer look at the company by visiting www.galenfeha.com

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Galenfeha, Inc. (GLFH) Embodies Transparency, Shareholder Communication via Frequent Updates

September 23, 2015

Galenfeha, Inc. is a Fort Worth-based engineering, product development, and manufacturing company focused on delivering innovative solutions for oil and natural gas production, as well as stored energy products through its stored energy and oil & gas divisions. The company also has manufacturing and distribution facilities in Shreveport, Louisiana

Demonstrating a strong commitment to transparency and communication, Galenfeha consistently issues news releases keeping shareholders and the broader investment community abreast of corporate progress in developing products that perform better than conventional solutions while reducing environmental impact.

Galenfeha most recently announced the introduction of its iWaV intelligent injection control system at the recent South Texas Oilfield show in San Antonio, Texas. The system is designed to revolutionize the oil and gas chemical injection marketplace.

Comprised of professionals well-familiar with industry challenges, Galenfeha knows that well location chemical maintenance is a costly, labor intensive, and often dangerous necessity. In response, the company’s iWaV system was designed to seamlessly interface with existing SCADA (Supervisory Control and Data Acquistion) infrastructure to completely automate the process on both solar/electric as well as pneumatic driven systems. The new iWaV system allows the operator to regulate all aspects of chemical titration remotely, eliminating travel to well sites.

With state-of-the-art architecture, iWaV is capable of meeting the needs of any size operation. From remote, stand-alone sites, to the comprehensive optimization and management of production controls, the iWaV is fashioned for performance. iWaV is one of several products within Galenfeha’s oil and gas division, where the company offers chemical injection pumps that merge the perceived benefits of a hybrid, electric over pneumatic system. With precision, the company has combined the two parameter control systems to ensure efficiency, reliability, cost management, and profitability to individual well locations as well as entire production fields. The combined technologies have demonstrated increased chemical injection accuracy, reducing chemical contamination in the production process while controlling cost and waste.

Within the last several months, Galenfeha has also released news regarding its stored energy division, through which the company offers one of the most powerful, environmentally friendly battery systems in the market. The batteries have onboard computers, are inherently safe, internally temperature regulated, have optional GPS monitoring capabilities, offer significant weight reduction of up to 50%, and are engineered specifically for each type of application. Features include 100% “green” chemistry, RoHS compliancy, and active short circuit protection control.

In July, the company announced that its stored energy products will be offered through ABB Group, a global leader in power and automation technologies. The news followed Galenfeha’s June announcement that it was chosen as the OEM battery supplier for Louisiana-based Aviation Company SkyRunner, LLC. SkyRunner (www.flyskyrunner.com) tasked Galenfeha’s Shreveport engineering and production facility with developing a proof-of-concept battery to start and power critical onboard systems for use in a new aviation unit. Galenfeha produced prototypes that tested flawlessly, leading to a supplier agreement signed June 13, 2015.

Galenfeha continues to develop products that outperform conventional solutions while minimizing environmental impact. Guided by a management team supported with industry-relevant resources and relationships, Galenfeha has laid solid tracks to expand in both the stored energy and oil & gas industries.

For more information, visit www.galenfeha.com

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Galenfeha, Inc. (GLFH) Announces New Product for the Oil and Gas Chemical Injection Market

September 16, 2015

Today before the opening bell, Galenfeha, Inc. introduced its iWaV intelligent injection control system at the recent West Texas Oilfield show in San Antonio, Texas. Attendees gave resounding approval.

This system is capable of revolutionizing the oil and gas chemical injection marketplace. Well location chemical maintenance is a costly, labor intensive, and sometimes dangerous necessity. The iWaV system seamlessly interfaces with existing SCADA (Supervisory Control and Data Acquisition) infrastructure to completely automate the process on both solar/electric as well as pneumatic driven systems. The iWaV system allows the operator to regulate all aspects of chemical titration remotely, eliminating travel to well sites. This complete control, combined with an attractive price point, makes the iWaV system an asset to any customer.

Lucien Marioneaux, Jr., Galenfeha, Inc. President/CEO, commented, “We are proud to introduce Galenfeha’s groundbreaking iWaV system. This new development demonstrates our company’s commitment to provide the oil and gas industry with state-of-the-art and environmentally conscious products.”

For more information on Galenfeha, please visit www.galenfeha.com

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Galenfeha, Inc.’s (GLFH) Competitive Strategy: Create Products that Easily Outperform Current Technologies

September 11, 2015

Fort Worth-based Galenfeha is constantly on the lookout for and is constantly developing innovative products designed to assist in the reduction environmental impact. Ever-loyal to this commitment, Galenfeha offers its engineering, product development, and manufacturing solutions for oil and natural gas production, as well as stored energy products across a number of different industries.

Galenfeha’s primary target market is the petroleum industry, where the company sells its products and services to oil and gas producers through a distribution network of oil field service and supply companies, or directly to companies and agencies.

Key to its offerings are the company’s separate stored energy and oil & gas divisions.

Galenfeha’s stored energy division offers one of the most powerful, environmentally friendly battery systems on today’s competitive market. Based on patent-pending technology that easily reaches a 2-1 ratio in consistent voltage deliver and up to 10-1 ratio in overall life-cycle longevity, Galenfeha batteries boast a number of other advantageous features, including:

• onboard computers
• inherently safe
• internally temperature regulated
• optional GPS monitoring capabilities
• significant weight reduction of up to 50%
• engineered specifically for each type of application

Additional features include 100% “green” chemistry, RoHS compliancy, and active short circuit protection control. Galenfeha’s stored energy products are offered through ABB Group, a global provider of power and automation technologies.

Galenfeha’s oil and gas division is equally as impressive. Through this segment, Galenfeha offers chemical injection pumps that blend the perceived benefits of a hybrid, electric over pneumatic system. The company firmly believes the combination of the two parameter control systems represents a measurable shift in efficiency, reliability, cost management, and profitability to individual well locations as well as entire production fields. The combined technologies have demonstrated increased chemical injection accuracy, reducing chemical contamination in the production process while controlling cost and waste.

Galenfeha continues to advance its products and technology as part of its overarching strategy to develop alternate and more effective energy production methods. Backed by an experienced and visionary management team with a vast network of relevant resources and relationships, Galenfeha has laid tracks to supplement continued growth and expansion in both the stored energy and oil & gas industries.

For more information visit www.galenfeha.com

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Galenfeha (GLFH) Signs Exclusive West Texas Distributor, Projects Strong 3Q Sales

August 31, 2015

Galenfeha, Inc. (GLFH), a design, engineering and manufacturing firm focused on stored energy solutions, has signed an exclusive agreement with Control Equipment, Inc. (“CEI”) to distribute Galenfeha production and stored energy product lines, including its LiFePO4 battery systems, iWaV systems, and ultra-high precision chemical injection pumps.

For more than 60 years, CEI has been a top distributor for some of the leading manufacturers in oil and gas equipment, operating five facilities throughout West Texas, where it will be Galenfeha’s exclusive supplier.

Lucien Marioneaux, Jr., Galenfeha’s president and CEO commented, “CEI’s tenure in the industry speaks to its quality products and customer service. We are delighted they will now represent us in West Texas, and look forward to a highly successful partnership.”

Galenfeha also noted that the distributorship agreement reaffirms management’s commitment to continued revenue growth. The company also forecast that increased market acceptance of its products will drive third-quarter revenues above all previous quarters.

For more information visit www.galenfeha.com

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Galenfeha, Inc. (GLFH) Benefitting from Increased Demand for Stored Energy Solutions following the Release of Tesla (TSLA) Energy

August 20, 2015

While Tesla Motors, Inc. (TSLA) continues to make headlines with the rapid growth and development of its new battery grid business – with recent estimates forecasting $45 million in sales during the fourth quarter of this year – the resulting rise in demand for reliable battery systems is providing a platform for strong financial growth across the stored energy industry. Galenfeha, Inc. (OTC: GLFH), through the commercialization of its innovative lithium iron phosphate (LiFePO4) chemistry and patent-pending onboard battery management system, is capitalizing on this opportunity, expanding upon its current customer base through potentially lucrative distribution channels.

Last month, Galenfeha utilized this strategy to great success by partnering with ABB Group, a global leader in power and automation technologies. Through this agreement, the company expects to significantly expand its existing customer base while promoting improved financial returns in the months to come.

“It is a privilege to be represented in ABB’s product offerings,” Lucien Marioneaux, Jr., president and chief executive officer of Galenfeha, stated in a news release. “This affiliation will enable Galenfeha to significantly broaden its customer base locally, nationally, even internationally, and we couldn’t be more pleased with this development.”

Traditional lead-acid batteries have a collection of disadvantages that limit their effectiveness in most stored power applications – including inefficient charging and discharging, the production of gas byproducts during charging and heavy, bulky construction. Galenfeha’s proprietary LiFePO4 chemistry and onboard battery management system addresses each of these disadvantages, providing a light-weight, environmentally-friendly alternative with excellent thermal stability and an improved lifespan.

For solar power generation, these benefits can translate into significant cost savings for the company’s customers. In addition to eliminating the need for a solar regulator, Galenfeha’s battery management system increases charging efficiency, allowing for the use of smaller, more cost-effective solar panels.

In the first quarter of 2015, Galenfeha provided a preview of its tremendous market potential, recording a 173 percent quarter-over-quarter increase in total revenue on the way to a gross profit of approximately $122,000. For prospective shareholders, these results could foreshadow an opportunity for the company to promote sustainable returns moving forward. Look for Galenfeha to continue leaning on its groundbreaking product portfolio in order to build upon its recent progress toward expanding its customer base in the years to come.
Take a closer look at the company by visiting www.galenfeha.com.

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Galenfeha, Inc. (GLFH) – Reducing the High Costs of Energy Production

August 13, 2015

It is an exciting time for Galenfeha, a design and engineering firm primarily focused on the oil and gas industry. The company is gaining traction in this sector and, after inking a recent deal to provide cutting-edge stored energy solutions to BHP Billiton (NYSE: BHP), a U.S. oil and gas producer and global powerhouse firm, the company is widening its penetration in the industry even further.

Galenfeha consciously pursues product development with low environmental impact and, as a result, it is rapidly establishing a name for itself as the leading alternative stored energy supplier in North America. While running its operations from a base in Texas, the company designs, manufactures and markets a complete line of patent pending, microprocessor controlled, LiFePO4 chemistry battery systems designed for oil and gas automation, measurement and production, along with a full line of proprietary chemical injection systems.

From inception, Galenfeha has pursued cooperative associations with energy producers so having the opportunity and capability to assist BHP Billiton is a dream come true. BHP Billiton means to include Galenfeha’s proprietary CDMA/satellite asset location and tracking technology in its battery systems, and the team at Galenfeha are prepared to support this integration process every step of the way. Galenfeha’s technology has already been proven in the field and, moreover, it has the support of six of the largest hydrocarbon producers in the U.S. who all currently use it.

Following its establishment in 2013, Galenfeha has focused on assisting energy producers and users of conventional stored energy products to meet new standards. The company actively champions efficiency in the area of product development by developing innovative products that reduce the various non-sustainable features of energy production (e.g. hazardous waste and carbon footprints). In addition to being designed to reduce the environmental impact made by energy producers, these products are also intended to outperform current technology and to decrease the associated financial costs of energy production.

For more information, visit www.galenfeha.com

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Galenfeha, Inc. (GLFH) Engineering Services Carving Impressive Niche with Natural Gas Producers

August 6, 2015

As an engineering and product development company, Galenfeha builds shareholder value by researching new technologies to make certain its customer base is on the leading edge. GLFH is positioned as a technology leader whose industrial position is viewed as integral to the future of their customers’ business goals. Vitally important to the company’s growth is its forward-thinking orientation with respect to being environmentally conscious. Company leadership feels this awareness will continue to grow in importance and help drive success.

The company evaluates projects on a case-by-case basis so that it is certain it blends with its overall mission so that its endeavors are unique and thereby result in truly innovative product and service offerings.

The company’s DLP-S Solar Powered Chemical Injection Pump offers high reliability, simplicity in operation, and efficiency in serviceability. Built from the highest grade 316 SS, it is able to stand up to harsh environments. The multi-purpose pump is comes in a variety of configurations and can be custom matched to specific applications for each customer.
GLFH’s Pneumatic Chemical Injection Pump combines the precision of a solar powered digital control system and the reliability of a pneumatic pump. When combined, it brings both durability and reliability to the forefront of chemical injection technology.

iWAV provides complete control of the customer’s entire chemical injection program. It offers the highest level of return on one of the highest costs involved in operating a well site. Whether communication is radio, cellular, satellite, or direct, the iWAV is ready to meet the needs of operations of all sizes.

Galenfeha is a development stage company that centers its endeavors on providing engineering services and an alternative power products to natural gas producers. It provides contractual engineering services, develops and manufactures products to reduce its customers cost associated with energy production such as carbon footprint, hazardous waste, and other non-sustainable aspects of producing energy.

For more information on the company, visit www.galenfeha.com

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Galenfeha, Inc. (GLFH) Offers Efficiency and Environmental Responsibility

August 4, 2015

Texas-based Galenfeha is an engineering and product development company constantly researching new technologies to ensure their clients are always on the leading edge. The company considers this technology leadership approach critical to their industrial position and the future of their customers. One of the most important aspects in this forward-thinking orientation is their environmental awareness, which they feel will continue to grow in importance as a mark of responsible business, and will help drive and ensure success.

Galenfeha doesn’t just grab business. The company evaluates each new project carefully, on a case-by-case basis, to be certain that it meshes with their overall mission, while being in the best interest of shareholder partners and responsible business. To this end, Galenfeha offers uniquely efficient and innovative products.

Their DLP-S Solar Powered Chemical Injection Pump was engineered to offer high reliability, simplicity in operation, and efficiency in serviceability. It is built from the highest grade 316 SS, and is able to withstand the harshest environments. The multi-purpose pump is available in a range of configurations, and can be custom matched to specific applications.

The DLP-P Pneumatic Chemical Injection Pump is unique in combining the rate precision of a solar powered digital control system and the reliability of a pneumatic pump. Together, it brings both ruggedness and reliability to the forefront of chemical injection technology.

iWAV is a system that enables complete control of your entire chemical injection program, offering maximum returns on one of the single highest costs involved in operating a well site. Whether communication is radio, cellular, satellite, or direct, the iWAV is ready to meet the needs of any size operation.

In the stored energy area, Galenfeha’s Lithium iron Phosphate (LiFePO4) is the ideal light weight replacement for the lead-acid battery, and will require no change to existing systems. It eliminates the solar regulator and can decrease the size of solar panels.

For more information on the company, visit www.galenfeha.com

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Galenfeha (GLFH) Primed for Vigorous Growth with Polished Management Team

July 23, 2015

An organization or business is only as good as its management – poor leadership can drive a stellar company into the ground while efficient leadership can breathe life into dead structure. Fort Worth, Texas-based Galenfeha, an engineering, manufacturing and product development company, is led by an experienced team of professionals who knows what it takes to run a successful corporation.

President and CEO Lucien Marioneaux Jr., in addition to owning and operating Marioneaux Law Firm, a private general law practice specializing in estate planning and general corporate representation including transactions and litigation, also holds various real estate and oil and gas positions along with a variety of private equity holdings in business and industry throughout Texas and Louisiana.

This hands-on experience is aptly suited to guide Galenfeha’s contractual engineering services and proprietary products through mainstream oil and gas production sites and into the hands of oil and gas producers.

Marioneaux has enjoyed a 15-year prominent legal career throughout the State of Louisiana and previously held the position of senior director of Security, Risk Management and Regulatory Compliance for L’Auberge du Lac Casino Resort for which he directed all operations within those departments. Marioneaux was responsible for all aspects of the property regulatory compliance program for the State of Louisiana, the U.S. Department of the Treasury, Financial Crimes Enforcement Network (Title 31) and Sarbanes-Oxley. He directed all general liability and workers compensation matters and worked closely with outside and corporate legal counsel to ensure efficient and effective resolution. In 2008, he was part of the team which implemented a major property expansion at L’Auberge. The $67 million project included a nine-story hotel tower with 250 rooms.

Marioneaux is active in the Louisiana Bar Association, the Shreveport Bar Association, the DeSoto Parish Bar Association, the Louisiana Casino Association and the Louisiana District Attorney’s Association where he has the unique experience of working directly with local, state and federal governmental and elected officials on issues important to these various interests. He has served as co-chair of the Southwest Chamber of Commerce’s Governmental Affairs Committee and was a visiting professor for McNeese State University where he taught The Legal Environment of Business.

Galenfeha’s chairman of the board James Ketner also has an impressive resume of relevant experience that supports the company’s partnerships with global corporations and provides a high caliber of in-house consulting. With more than 26 years of experience as the director and chief executive officer of public and non-public corporations, Ketner has spent most of his professional career as a contract consulting engineer for Fortune 500 multinational companies.

He has a successful track record of directing public companies, securities law, domestic and international regulatory agencies, operations streamlining, maximizing productivity, and directing companies to achieve record profitability through increased efficiency and productivity with state of the art technology. Ketner is a resourceful decision-maker combining strong leadership and organizational skills with the ability to direct programs throughout the design and manufacturing processes.

Ketner started his career as a numeric control programmer at General Dynamics, and in 1991 embarked on his own as a consultant. Since then, he has racked up an impressive list of heavy-hitting clients for which he has done contractual consulting work, including General Dynamics, Pratt and Whitney, Boeing, Lockheed, Daimler Chrysler, Fiat, Honda Research and Development, Rockwell, Sikorsky Aircraft, Embraer SP, and Dassault/Falcon Jet.

Ketner has traveled extensively and is well versed in conducting business in North and South America. Ketner founded Kelyniam Global, Inc. where he was responsible for taking the company public, receiving FDA 510(k) approval, and commercially launching the products.

Marioneaux and Ketner are backed by a diverse and equally as experienced team of directors fully committed to the success of Galenfeha. Together, these individuals will lead the company through its anticipated vigorous growth in overall product sales for 2015, driven by an increased market acceptance of its products, embedded battery technology within its chemical injection pumps, and the introduction of its technology outside the petroleum industry.

With combined decades of experience, Galenfeha’s key management and directors enable the company to offer the most dynamic maneuverability when it comes to product development, engineering and manufacturing.

For more information visit www.galenfeha.com

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Galenfeha, Inc. (GLFH) Expanding Presence in Vital Industries with Groundbreaking Stored Energy Solutions

July 14, 2015

Galenfeha, through its innovative stored energy solutions, is rapidly expanding its market share in a collection of vital industries. In recent weeks, the company has taken tremendous steps toward securing improved financial results through the announcement of broadened oil and gas industry penetration, as well as entry into the aviation industry. These announcements put Galenfeha in a strong strategic position to capitalize on the continued growth of the stored energy market moving forward.

In June, Galenfeha announced a new partnership with leading global resources enterprise BHP Billiton. Through this arrangement, the company will provide its advanced battery systems, including its proprietary CDMA/satellite asset location and tracking technology, to the global oil and gas producer.

“This is an incredibly exciting time for our company,” Lucien Marioneaux, Jr., president and chief executive officer of Galenfeha, stated in a news release. “The opportunity to assist the highly esteemed, global powerhouse firm BHP Billiton is an enormous honor.”

A week later, the company built on this progress when it announced a partnership with Louisiana-based aviation company SkyRunner, LLC. This agreement followed Galenfeha’s successful development of a customized proof-of-concept battery designed to start and power critical onboard systems for use in a new aviation unit. The company’s prototype battery allowed SkyRunner to effectively reduce battery weight by 66 percent and increase cold-cranking amperage by over 266 percent, further demonstrating the versatility and marketability of Galenfeha’s stored energy solutions.

“Galenfeha continually strives to develop relationships with visionary firms such as SkyRunner,” continued Marioneaux. “We are delighted to be selected… to develop a safe, lightweight, ultra-reliable power supply system for [SkyRunner’s] new aircraft.”

Galenfeha’s lithium iron phosphate (LiFePO4) battery is marketed as a light-weight replacement for traditional lead-acid batteries. In addition to providing up to 70 percent reduction in battery mass over conventional lead-acid units, the company’s stored energy offerings deliver up to 40 percent more usable voltage in power-intensive applications. Although specifically developed to improve the efficiency of solar power generation systems, the company has also leveraged its proprietary technology to develop a sustainable presence in a collection of promising markets.

For prospective shareholders, the company’s recent market growth could foreshadow an opportunity for considerable returns in the months to come. Look for Galenfeha to continue building on its progress in expanding the marketability of its advanced battery technology in the future.

Take a closer look at the company by visiting www.galenfeha.com

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Galenfeha, Inc. (GLFH) Expands Sales Team with Addition of Chris W. Watkins

June 25, 2015

Galenfeha this morning on its website announced that the company has brought on Chris W. Watkins as senior business development manager in its sales department. He joined Galenfeha June 15, 2015.

Watkins adds nearly three decades of sales and management experience in the oil and gas industry, including directing sales operations and managing distributors throughout the Midwest and Rocky Mountain regions. Most recently, Watkins served as an Asia/Asia Pacific sales director, responsible for establishing international distribution channels, training distributors, and promoting product lines.

This news closely follows Galenfeha’s recent agreement with BHP Billiton (NYSE: BHP), in which Galenfeha will provide the U.S. oil and gas producer with advanced stored energy solutions. The move immediately broadens Galenfeha’s penetration in the oil and gas industry, and supports the company’s efforts to rapidly become a premier alternative stored energy supplier in North America, where it can further leverage its line of patent pending, microprocessor controlled, LiFePO4 chemistry battery systems for measurement, automation, and a full line of proprietary chemical injection systems.

For more information, visit www.galenfeha.com

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Galenfeha, Inc. (GLFH) Enters Aviation Industry with SkyRunner Supply Agreement

June 23, 2015

Galenfeha (OTC:GLFH), a design and engineering firm with a focus on the oil and gas industry, today announced it was selected to be the OEM battery supplier for Louisiana-based Aviation Company SkyRunner, LLC, following successful prototype testing.

SkyRunner fuses off-road engineering with aviation technology to create a new generation of PowerSports utility vehicle designed to evoke an “unforgettable driving experience.” Per the agreement, Galenfeha’s Shreveport engineering and production facility will develop for SkyRunner a proof of concept battery to start and power critical onboard systems for use in a new aviation unit.

“Galenfeha continually strives to develop relationships with visionary firms such as SkyRunner,” Galenfeha president and CEO Lucien Marioneaux, Jr. stated in the news release. “We are delighted to be selected by Stewart Hamel and his team to develop a safe, lightweight, ultra-reliable power supply system for the company’s new aircraft. SkyRunner is a local, Louisiana-based company that promotes research and development as well as new jobs in our area. This commitment to the community parallels our goals as a company.”

As a utility vehicle, SkyRunner offers a cost effective ground/aerial patrol and recon platform for a potential market that includes Department of Defense, border security, disaster response, search and rescue, large landowners and outdoor enthusiasts. Initial interest in this product has resulted in 170 represented orders to date.

The company will showcase the new vehicle at the 2015 EAA AirVenture in Oshkosh, Wisconsin (July 20-26, 2015), an event that annually attracts over 500,000 spectators and aviation enthusiasts, offering tremendous exposure opportunity for both Galenfeha and Skyrunner.

“SkyRunner is excited to align itself with such a distinguished and innovative partner as Galenfeha,” said Stewart Hamel, CEO and founder of SkyRunner. “People will experience their world in a way they never thought possible. It’s innovative companies like Galenfeha that contribute to heart of our mission… reliability, performance and operational redundancy. In aviation, reducing weight is a very high priority. Galenfeha has reduced SkyRunner’s battery weight by 66% (14 lbs), increased its cold cranking amps by over 266%, and advanced our operational redundancies.”

Derek Simmons, director of R&D, explained how Galenfeha’s expertise in battery technology adds value to SkyRunner.

“The battery Brian and his team at Galenfeha engineered and brought to life for us is superior to anything on the market. At SkyRunner we produce cutting-edge vehicles that inspire individuals to experience the world. Galenfeha has helped make our vehicle safer and more reliable. Our civilian customers will be able to go further and our soldiers will better accomplish their missions. The microprocessor has so many built in safety features the vehicle is truly pushing the limits of innovation. Through the Galenfeha power supply, we can guarantee our customers, a sure start every time and increased safety,” he said.

For more information, visit www.galenfeha.com

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Galenfeha, Inc. (GLFH) – Simplicity from Technology

June 19, 2015

Galenfeha has a prime focus on the petroleum industry. An engineering, manufacturing and product development company, Galenfeha concentrates on providing engineering services and alternative power generation products particularly to natural gas producers. Stored energy systems and chemical injection pumps are also included in the company’s offerings.

Since it was founded, the Texas-based corporation has focused on developing innovative products that decrease its customers’ energy production costs, from carbon footprints and hazardous waste to other non-sustainable aspects of producing energy.

Corporate Values
Galenfeha holds tightly to its mission to assist energy producers and users of traditional stored energy products in becoming more efficient, and it meets these goals by creating new products that perform better than current technology and reduce environmental impact.

The company is proud of the values that guide its business operations, especially with its management team continuing to uphold the highest levels of business ethics and personal integrity in various transactions and interactions.

Environment & Society
Galenfeha intends to provide contractual engineering services. It also means to develop and manufacture products to reduce for its customers the costs related with energy production.

Just recently, Galenfeha developed a new stored energy product with no heavy metal chemistry. This is a key initiative at the company: to develop more efficient ways to power products that require stored energy than what has historically been accomplished with traditional methods.

Research & Development
Through research and development, the company is discovering and developing different methods for producing energy more efficiently. By developing new tools for production, the company is also helping its clients meet new environmental demands.

When it comes to product development, engineering and manufacturing, the company employs incredible maneuverability. Innovation matters at Galenfeha.

For more information, visit www.galenfeha.com

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Galenfeha, Inc. (GLFH) Deepens Oil and Gas Industry Penetration with BHP Billiton Deal

June 16, 2015

Design and engineering firm Galenfeha, Inc. (OTC: GLFH) has extended its reach into the oil and gas industry by providing advanced stored energy solutions to U.S. oil and gas producer BHP Billiton (NYSE: BHP).

In addition to chemical injection systems, Galenfeha designs, manufactures and markets a complete line of patent pending, microprocessor-controlled battery systems specifically designed for oil and gas measurement, automation and production.

BHP Billiton will incorporate Galenfeha’s proprietary CDMA/satellite asset location and tracking technology in its battery systems. This technology is field proven and currently utilized by six of the largest hydrocarbon producers in the United States.

As Galenfeha further penetrates the energy industry, the company is rapidly emerging as the premier alternative stored energy supplier in North America.

“This is an incredibly exciting time for our company. From inception, Galenfeha has been diligently pursuing this level of cooperative involvement among energy producers. The opportunity to assist the highly esteemed, global powerhouse firm BHP Billiton is an enormous honor. Our team is prepared for this responsibility and I am delighted to announce this development to our shareholders,” Lucien Marioneaux, Jr., president and chief executive officer of Galenfeha, stated in the news release.

For more information, visit www.galenfeha.com

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Galenfeha, Inc. (GLFH) Lithium Iron Phosphate Battery Tech: Providing Better Performance and Environmental Sustainability

June 4, 2015

When it comes to changing the way consumers think about powering golf carts and other lightweight NEVs (neighborhood electric vehicles), a job typically left to highly toxic lead-acid batteries, Galenfeha, Inc. (OTC: GLFH) isn’t content to just rest on the superb performance laurels of their lithium-iron phosphate (LiFePO4, or LFP) technology. The company maintains a lasting commitment to developing systems that are environmentally sustainable, in addition to going above and beyond the technical and logistical demands of their clients and target markets. Currently a hot ticket item for the NEV space, the company’s proprietary LFP technology, which has also been successful in the high-capacity standalone power supply unit space for oil and gas drilling operations – who require long-lasting, robust performance and extremely safe function, even under high temperatures and vibrational forces – may one day emerge as a leading contender in broader applications as well.

NEVs have emerged in recent years to fulfill an increasingly diverse set of roles and, far beyond just golf carts, which are now used for a wide variety of mobility functions. This growing sector sees action in mining, light-haul, and even military applications, like souped-up NEVs for getting around a base. However, the typical lead-acid batteries used in such applications represent a serious environmental risk, as a single improperly disposed of lead-acid battery can contaminate more than 25 tons of municipal solid waste if it is simply thrown in the garbage. Consequently, the lead-acid battery recycling industry is also classed as one of the most pollutive on earth.

The standard lithium-ion batteries in use by the vast majority of small electronics today, like cell phones, laptop computers and digital cameras, have a similarly pollutive environmental risk factor, cobalt. Lithium-cobalt oxide (LiCoO2, or LCO) batteries, like the kind produced by Panasonic for use in powering the vehicles of world-renown EV maker (and now the largest consumer on earth of lithium-ion cells) Tesla, pose an environmental risk due to cobalt production and potential for improper disposal. Tesla has worked out most of the kinks here, but the broader LCO sector hasn’t, leading many analysts to increasingly question just how green LCO technology really is. The EPA has identified cobalt as posing a significant environmental risk. Cobalt doesn’t entirely break down in the environment, instead it can bioaccumulate and build up to toxic levels in tissues like the heart, kidneys and liver, as well as in skeletal system tissues, where it has been found to produce tumors in animals.

Cobalt is flagged as a potential human carcinogen by the IARC (International Agency for Research on Cancer). LCO batteries run a substantial risk of overheating and outgassing, a problem Tesla largely solved for their own vehicles through ingenious proprietary compartmentalization and cooling technologies. However, there is a sizeable health risk that underscores the environmental impact of industrial plant pollution. Cobalt gets into the atmosphere at such industrial plants and settles in the food and water supply, leading to abnormally high levels in some industrial areas, with as much as 0.61 micrograms per cubic meter in the air, 107 micrograms per liter in the water, and up to 40 micrograms a day of intake from consumed foodstuffs previously observed in EPA studies.

An Abt Associates 2013 study on the potential long-term impact of lithium-ion batteries for electric vehicles done for the EPA, showed that not only were batteries using cobalt, nickel and solvent-based cathodes the highest risk for both negative health and environmental impacts like ecological toxicity, but that the increased electrical grid capacity needed to charge lithium-ion batteries for EVs contributes a great deal to increasing climate change factors. Daunting concerns, especially when you look at a recent report by Navigant Research forecasting that the lithium-ion market, driven in large part by EV production, is on track to hit $24 billion by 2023. Tesla is building a $5 billion Gigafactory to produce enough cells to continue the growth of the company’s car manufacturing as well as fuel the home-based storage and backup solution (Powerwall) currently in design. The time has come to take a closer look at the underlying long-term impact of lithium-ion electrochemistry, the drawbacks of LCO, and the potential benefits of LFP.

The thermal stability of the iron cathode in Galenfeha’s LFP batteries prevents overheating, and because the batteries create no gas when charging, they are extremely safe overall. More importantly, iron phosphate, other than being used to control snails and slugs on food crops, is not harmful to humans, other organisms, or the environment. In fact, iron phosphate is a common human nutritional supplement that is often added to foodstuffs like bread, milk and pasta in order to nutritionally to fortify them, and it is designated GRAS (Generally Recognized As Safe) by the FDA. Galenfeha’s batteries are capable of delivering as much as 40 percent higher usable voltage in high-demand applications than lead-acid batteries and manage to resolve a substantial portion of the lower energy density concerns that have kept this technology in the backdrop of the lithium-ion space for years. Beyond overcoming most energy density problems historically considered the main reason to opt for LCO over LFP, Galenfeha’s batteries also exhibit enhanced benefits of LFP, with the company’s proprietary adaptations, like their Battery Management System (BMS), playing off the inherent advantages of LFP electrochemistry.

Advantages like an ability to maintain a charge longer, discharging less than 10% per year when left dormant, better power density (rate that energy can be drawn), and a much longer lifespan that is increased further by a BMS designed to keep the individual cells healthy, and protect them from overcharge. In fact, the beauty of LFP technology, especially advanced designs like Galenfeha’s GLFH-30 (30AH 12V), GLFH-40 (40AH 12V) and GLFH-120 (120 AH 12V), is that over the life of the unit, they actually rival and eventually surpass LCO batteries when it comes to energy density. Moreover, the extremely consistent discharge voltage mentioned above (which allows for a consistently high voltage output until the battery is exhausted), combined with a higher current or peak-power rating than LCO, a much lower rate of capacity loss (even when it just sits there), and a 90 percent charge efficiency that effectively lowers the overall charge time and electricity bill, means that on the whole, Galenfeha’s LFP technology helps cut down on the environmental impact from electricity generation.

Who knows where such innovative LFP technology might one day lead us? Perhaps to a very bright future indeed, especially if other innovators like Tesla decide to push the state of the art in iron phosphate cathodes, instead of just managing the drawbacks of LCO and going after the higher initial energy density benefits. At any rate, GLFH is committed to moving the ball down the field and doing so in an environmentally friendly manner, every step of the way.

Learn more about the company by visiting www.galenfeha.com

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Galenfeha, Inc. (GLFH) Lithium Iron Phosphate Battery Technology in Focus As Tesla Announces Disruptive Powerwall Home Battery

June 2, 2015

Something that the highly adaptable engineering, product development and manufacturing wizards at Galenfeha, Inc. (OTC: GLFH) have known for years, and which is just now really starting to be understood by the investment community, is that not all lithium battery technologies are made the same. Certain variations to the design and underlying chemistry can make a world of difference when it comes to crucial factors like discharge rate, output capacity over the life of the system, overall weight, and safety. The company has been steadily advancing the state-of-the-art in lithium iron phosphate cells and with Tesla so much in the news lately, it makes sense to take some time out and look at the compelling advantages of this technology compared to the off-the-shelf lithium ion cells in use by Tesla.

The recent announcement by Tesla (NASDAQ: TSLA), commonly known for their high-end EV sedan, the Model S, that they are getting into the home power game with a new division called Tesla Energy, focused on developing home backup battery systems using technology similar to the lithium-ion array of small cylindrical cells used in the Model S, has sparked renewed interest in battery technology within the investment community. Tesla has made great strides in recent years to address the safety risks of their high energy density battery arrays, with the development of a proprietary cooling system that snakes through the pack and tighter system monitoring controls. The new home based battery systems, designed to work in concert with rooftop solar power or store energy from the grid during off-peak hours when electricity is cheapest, could be mounted on consumer’s walls in the very near future.

The initial rollout system, called the Powerwall, has already been described as essentially a boutique solution, much like the Model S is within the car market, sporting a sticker price in the $3k range for a 7kWh unit. Nevertheless, the Powerwall is being built to be hooked up in series, allowing as many as nine units to be stacked together to create a large uninterruptible battery backup for homes and businesses, meaning that if Tesla can effectively scale up to mass market penetration, such systems could change the way we look at powering residences and businesses forever. With over 50 million commercial rooftops in America alone, the fact that this system is designed to work with solar, improving the logistical viability of rooftop solar by allowing energy to be stored during peak harvesting times and then used when needed, could trigger a big push in residential solar applications, something that has been stalled due to the absence of such a solution. This distributed model could change the utility-dominated energy sector forever, giving consumers the power to buy grid electricity when it is cheap and also easily hook up rooftop solar to a redundant and uninterruptable supply.

Tesla has been successful in the EV market due to using relatively cheap, off-the-shelf type lithium-ion batteries with an NMC (nickel, manganese, cobalt oxide) cathode and then proprietarily arraying them into specialized packs, helping to keep the costs down and the energy densities high, meaning that the Model S has an effective range of 265 miles, or more than triple that of the Nissan (OTC: NSANY) Leaf. The increased costs of having to offset the danger of large high energy density cells, by using numerous smaller cells with an added cooling system and stacking them into a skid array that sits at the wheelbed of the vehicle and actually makes up part of the undercarriage, have mostly been addressed by Tesla and the company is now looking to produce more affordable cars in the $33k range, as well as smaller, more affordable versions of the Powerwall, in the near future.

One of the keys to successfully realizing widespread adoptance of a potentially revolutionary distributed energy model based on home storage systems, given that the 7kWh Powerwall ($300/kWhr for a 10 year warranty battery) clocks in at around $0.12/kWhr-cycle (or just over the price of a genset), will be getting the unit costs down and the life cycle up. Luckily there are companies out there like Galenfeha, which already has an established lithium iron phosphate (LiFePO4, or LFP) cathode battery technology, offering a longer life cycle, greater energy density over the total life cycle of the battery, and electrochemistry that is inherently safer than lithium cobalt oxide (LiCoO2), due largely to the thermal stability of iron. LiFePO4, which was historically less viable from a commercial standpoint due to technical limitations of electrical conductivity, is now rapidly emerging as a leading alternative to the typical lithium-ion batteries developed by the electronics industry, given that the technical limitations have been overcome by a variety of cost-effective design innovations.

LiFePO4 batteries have a higher current or peak-power rating than LiCoO2, as well as a lower discharge rate (slower rate of capacity loss and thus longer life cycle), and the avoidance of cobalt saves quite a bit of money, while also eliminating the environmental risks associated with having to dispose of cobalt batteries. Perhaps more importantly, given the improved thermal safety, LFP technology works great in larger cell sizes, making the technology ideal for developing large uninterruptible battery backups like Tesla’s Powerwall. Galenfeha’s LFP technology can also be easily scaled into economy/compact or large array systems, without a great deal of technical hassle or the need to develop new linkage systems. This means that the company has a ready-to-go solution that could seriously help accelerate the trend towards a home-based energy storage model. This distributed energy model, built around home storage units like Tesla’s proposed Powerwall system, has disruptive potential that is already forcing utility companies who thrive on the basis of centralized architectures, racing to think up some way to contain the potential damage to their pricing schemes.

With a solid history developing robust battery systems that can meet even the taxing requirements of oilfield operations, with features like rugged external packaging that is still designed to meet a small form factor, internal chemistry that is able to accommodate an extended shelf life and provide power during even extended usage, the ability to tolerate extreme temperatures, as well as high shock and vibration, Galenfeha’s LFP technology is a natural fit for uninterruptible distributed energy systems. Moreover, the company’s extensive knowledge amassed developing their proprietary BMS (battery management system), including a field-proven, remotely accessible, cloud-driven, integrated and GPS-enabled performance and asset tracking system, puts the company’s advanced LFP systems at the forefront within this increasingly attractive market. The ability to inspect the status of a battery system using code division multiple access (CDMA, radio communications channel access method used in many mobile phone standards) and actively track the battery via unique ESN identifiers and standard satellite geo-location, a solution which has already proven successful as an anti-theft mechanism in oilfield operations, gives Galenfeha’s LFP a fully integrated, user interface driven, real-time monitoring capability that should appeal to homeowners and businesses alike.

The company’s proprietary BMS keeps tabs on LFP battery status parameters like voltage, current and internal temperature during charging and discharging, giving users peace of mind and real-time situational awareness about the operational health and safety of their battery system, while also ensuring that the maximum life cycle is achieved by keeping the cells balanced and operating within the appropriate ranges. With internal over-charge, low voltage and short circuit protection, Galenfeha’s environmentally friendly LFP batteries are already ahead of the curve, without even taking into account performance characteristics like LiFePO4 chemistry that delivers 90% charge efficiency resulting in faster charge times and extremely low discharge rates if left dormant for extended periods of time, despite these batteries being exceptionally light.

Take a closer look at Galenfeha’s innovative battery tech by visiting www.galenfeha.com

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Galenfeha, Inc. (GLFH) – Offering Impact with Technology

May 29, 2015

An engineering, manufacturing and product development company, Galenfeha provides engineering services, stored energy solutions, and chemical injection pumps for oil and natural gas producers.

Since its establishment, this Fort Worth, Texas-based corporation has been focused on developing novel products that help reduce its customers’ associated energy production costs, including carbon footprint, hazardous waste and other non-sustainable aspects of producing energy. The company holds closely to its mission to assist energy producers and users of conventional stored energy products in becoming more efficient, and it meets these goals by creating products that outperform current technology and reduce environmental impact.

Innovation is key at Galenfeha. The company offers incredible maneuverability when it comes to product development, engineering and manufacturing and, through research and development, is fleshing out alternate methods for producing energy more efficiently. By developing new tools for oil and gas production, the company is helping clients meet new environmental demands.

Offerings

• Stored Energy – Galenfeha is developing more efficient ways to power products that require stored energy than what has previously been accomplished with traditional methods. Its stored energy products offer patent-pending technology that easily reaches a 2-1 ratio in consistent voltage delivery and up to 10-1 ratio in overall life-cycle longevity. Additionally, the company recently developed a new stored energy product with no heavy metal chemistry.

• Production – The company’s oil and gas production tools also offer substantial cost savings and environmental impact reduction via its best-in-the-industry systems with accuracy rates over 95%. The elegant simplicity of the Daylight line of injection pumps coupled with the new standard in user interface capability of the iWaV SCADA system has succeeded in raising the bar in location efficiency and OPEX cost savings for firms across the North American continent.

Galenfeha provides its contractual engineering services, produces and implements its proprietary products into the mainstream of oil and natural gas production sites, and sells these products and services to oil and gas producers through a distribution network of oil field service and supply companies or directly to the companies and their agencies. Backed by a management team that upholds the highest levels of business ethics and personal integrity in all types of transactions and interactions, the company is exceedingly proud of the corporate values which guide its operations.

For more information, visit www.galenfeha.com

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Galenfeha, Inc. (GLFH) Moving Rapidly Beyond Oil & Gas Market via High-Performance, Innovative & Environmentally Sustainable Battery Technology

May 20, 2015

Constant innovation is a leading watchword at Galenfeha, an established player in chemical injection automation and measurement for the oil and gas industry, as well as in advanced lithium iron phosphate (LiFePO4) battery systems for both large-scale oilfield applications and the commercial NEV (neighborhood electric vehicles like golf carts) market. The recent acquisition of highly accurate chemical injection pump maker Daylight Pump, which is known for their SCADA-based iWAV system, has paved the way for incorporating the company’s advanced battery technologies directly into their portfolio of injection platforms, which includes their DLP-P (pneumatic) and DLP-S (solar powered) systems. This move will not only help cement the company’s battery technology further, but also increase overall brand presence within the oil and gas industry, and ultimately help the company expand further into the production end of the sector.

Galenfeha is right where the action is too when it comes to the oil and gas industry, with corporate offices in Fort Worth, Texas, where, despite slumping oil prices that dropped to around $47/bbl in March before beginning their ongoing recovery (WTI is currently trading in the $58 range), the state actually surpassed 2014 production figures for January of this year, bringing in more than 74.7 million barrels, an increase of over 2.4% YOY. Oil output actually surged towards the end of last year as well, seemingly defying lower oil prices which were then around $53/bbl, with production up to the highest levels for December 2014 that have been seen in the state since the 1970’s – that’s Texas for you, everything is always bigger in the Lone Star State. The Company’s manufacturing facility is also in the heart of the industry, located in Shreveport, Louisiana, where the oil and gas industry is on track to surpass 2 million jobs this year according to economists at the Baton Rouge Business Report (BRBR), with another 32.6k jobs projected to be added next year. The oil and gas sector has been responsible for over $103 billion in CAPEX across a variety of industrial projects and BRBR projections indicate that over 2.7k jobs will be added in the Shreveport market alone through 2016.

There is rapid uptake of the company’s battery technology outside the oil and gas sector, where the environmental benefits of their cobalt-free, powerful, safe and yet long-lasting batteries, realized in a 40AH unit and a “powerhouse” 120AH 12V battery, have met with enthusiastic reception in the NEV market. But the response hasn’t really been surprising given the performance characteristics of the company’s battery technology, which has long since proven itself in the oilfield industry where extremely daunting requirements, like the ability to withstand vibration, high temperatures, and extended/continuous operation, have already validated the technology’s efficacy, as well as the company’s innovative designs.

It is often said that a picture is worth a thousand words and a recent tweet from the company, showing a graph of the performance of an NEV before and after having switched to one of the company’s LiFePO4 (LFP) units says a great deal about just why people are flocking to these powerful, safe, and robust batteries. Another major reason for Galenfeha’s rapid uptake within what is an approximately $524 million domestic NEV market, according to recent research published by IBISWorld, is the company’s cutting-edge battery management system (BMS) technology and their constant work to continue innovating in this area. Beyond the rock-solid benefits of LFP electrochemistry, which is inherently safer than typical lithium ion batteries using cobalt oxide cathodes, due to the thermal stability of the iron cathodes employed in LFP, Galenfeha’s proprietary BMS intelligently manages the health and safety of the unit.

The BMS monitors temperature, current, voltages and charge levels, while actively protecting the cells from overcharge or discharge during charging, resulting in a longer lifespan for the battery and better overall performance characteristics. Moreover, these batteries are 70% lighter than standard lead-acid batteries, meaning less strain on the NEV motor and increased performance, and yet exhibit greater power density (potential energy draw rate) over the life of the unit due to significantly slower capacity loss. LFP batteries also charge quickly, with a 90% charge efficiency rating that helps to reduce energy bills and these batteries can also be left dormant for extended periods of time without the fear of sulfation, as is often the case with lead-acid batteries, discharging at an incredible sub-10% per year when left idle.

These characteristics make the company’s LFP batteries an ideal choice for various NEV markets like seasonal golf courses, as well as corporate and college campuses, construction sites, or anywhere light NEVs are increasingly being used to get around, including places you might not think about at first, like mining sites. We are talking about a battery system that can use existing OEM charging systems here as well, despite the numerous advantages and intelligent, onboard proprietary BMS. And yet these beauties also provide extremely stable voltage and current delivery to the motor, sporting as much as a 40% increase in total usable voltage.

With Galenfeha planning to move into military vehicle and troop applications in the very near future, spurred on by the ambitious targets set forth by the Department of Defense to not only have 25% of their energy come from renewables by 2025, but also move increasingly towards more of their hardware being hybrid and electric, the company could see a huge revenue vector open up in the near future for their robust, intelligent battery tech. The USS Makin Island for instance, a Wasp-class amphibious assault ship, is the first Navy ship ever deployed using hybrid-electric propulsion and is expected to save some $250 million on fuel over the vessel’s lifecycle thanks to this key design adaptation. Galenfeha’s move to secure MIL-SPEC certification for their battery technology could be the start of something even bigger for the company than their fast-growing NEV expansion, definitely something for investors to keep an eye on moving forward.

Learn more about Galenfeha by visiting www.galenfeha.com

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Galenfeha, Inc. (GLFH) Taps Opportunity in $1B Chemical Injection Market

May 13, 2015

The International Energy Agency (IEA) today projected that slowing North American oil production will cause non-OPEC supply growth to slow in 2015, though the agency raised its yearly forecasts of non-OPEC oil supply growth by 200,000 p/d to 830,000 p/d compared to last months’ report.

According to James Ketner, president and CEO Galenfeha, a manufacturer of chemical injection systems and other low environmental impact products, falling rig counts and balanced production levels means more oil producers are seeking efficiency. It also means potentially more business for the Texas-based company and its newest product.

“Although we have seen a reduction in exploration rig count over the last six months, production levels are remaining the same,” Ketner said in a recent statement. “This tells us that U.S. efficiency is on the rise. Shale producers have asked us to help them cut costs, and this latest addition to our product line helps meet these goals. We are happy to be directly assisting producers reduce costs while increasing production efficiency levels.”

Oil and gas producers are increasingly interested in efficient operations that minimize environmental impact – a feasible goal via a reduction in chemicals and highly accurate production.

Previous chemical injection methods are dated, operating similarly to the drip gas fuel delivery techniques of the early automotive industry. Galenfeha, however, has introduced a new and cutting-edge component to the nearly $1 billion North American chemical injection market.

Galenfeha’s recently launched intelligent chemical injection control system, iWaV, is comparable to modern, state-of-the-art computer controlled fuel injection systems. The product is an innovative supervisor control and data acquisition (SCADA) system specifically created for the control of chemical injection pumps.

Computer-controlled and highly reliable, the iWaV system enables optimization and management of production controls and is scalable for any size of operation, from remote stand-alone sites, allowing two-way communications with pumps and complete control of the entire system.

The result is lower monitoring and controlling costs throughout the pumping cycle, and highly efficient and cost effective well site management.

Galenfeha introduced the iWaV in late March 2015 and currently markets, services and sells the individual and complete systems via direct sales as well as established relationships with local and national distribution partners.

For more information, visit www.galenfeha.com

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Galenfeha, Inc. (GLFH) Proven, Robust, Scalable & Safe LFP Battery Tech Could Emerge as Major Player in Increasingly Hot “Powerwall” Market

May 12, 2015

Galenfeha, which was recently in the news for their acquisition of DayLight Pump, the manufacturer of an extremely accurate chemical injection pump for the $1 billion plus domestic oil and gas production market, has been receiving increasing attention in the investment community of late thanks to their advanced lithium iron phosphate (LiFePO4, or LFP) battery technology. The announcement by electric car maker Tesla of a new company division focused on developing home-based and business-based backup batteries, amid a growing push to develop gigawatt-hour, utility scale systems, has sent analysts scrambling for battery solutions that have improved overall performance. In what is now seen as a potentially disruptive niche market, with Tesla’s Powerwall having become sold-out within the first week after its debut (through mid-2016), the hunt is on for solutions that could compete with or replace Tesla’s existing lithium-ion array technology, which is based on cheap, off-the-shelf lithium cobalt oxide batteries, combined with proprietary internal connection and cooling systems.

A company like Galenfeha, which has an established reputation throughout the demanding oil and gas industry for their robust DLP-P (pneumatic), DLP-S (solar powered) and state-of-the-art, SCADA compliant iWAV chemical injection pumps, as well as their rock-solid oilfield battery solutions, is a natural play here with their durable, long-lasting LFP battery solutions. Given that an oilfield battery must often withstand extreme heat, shock and vibration, and that its enclosure must be rugged enough to stand up to punishing weather, yet also be compact enough that its form factor/footprint can be easily positioned within an already confined tool space, the move to prosumer grade battery systems is a no-brainer. Having already cut its teeth in the challenging oilfield battery backup space, Galenfeha’s LFP systems are a shoe-in for creating arrays for either the home/business or large-scale utility markets.

The potential for home-based battery systems in particular, which would buy electricity off the grid when it is cheapest, or which would collect and store electricity from solar and other alternative energy sources, could completely transform the existing utility company energy paradigm, which is dominated by centralized production and distribution. A distributed energy solution using backup batteries for homes and businesses is quite attractive for a variety of reasons. But this approach could be revolutionary for countries like India, which has a long history of overloaded national grid failures and a sprawling population that covers huge physical territories, making a distributed energy solution based on localized production and backup storage a handy fix. Even if the existing grid weren’t molded into a localized production paradigm, backup battery systems for the home and grid could resolve the underlying problems handily, while also helping to offset the need to create additional pollutive energy production facilities in regional markets.

As promising as this distributed energy model is, the standard off-the-shelf lithium cobalt oxide (LiCoO2) batteries Tesla uses in their cars, whilst having a high energy density (or the amount of energy per cell), are not as safe as LFP batteries, which are inherently safer due to the thermal stability of the iron cathode. Moreover, LFP batteries have a longer shelf life, with better power density (or the rate at which energy can be drawn from them) and even rival standard lithium cobalt oxide batteries when it comes to energy density over their lifetime, due to a much slower rate of capacity loss. These factors make LFP technology ideally suited for backup battery systems aimed at the home and business markets, where the thought of a fire or even just prematurely dissipated charge could be hurdles for getting mass market consumers to sign on the dotted line. Given the response to Tesla’s Powerwall however, a relatively boutique solution at $3k for a single 7kWh unit, the potential for the broader consumer market in such systems seems obvious. Whoever builds a better, cheaper mousetrap for this emerging space could become one of the hottest companies of the 21st century, especially if the model really takes off globally.

It is currently quite difficult to hook up rooftop solar to a home’s internal wiring, but the emergence of backup battery systems could act as a go-between, with the internal workings of such backup systems effectively bridging the gap, putting rooftop solar and other small-scale alternative energy solutions within striking distance for the average consumer. The capacity of such systems to stockpile cheap energy and then use it during peak hours to run the home or business could change the way we think about electricity forever. Galenfeha’s LFP technology, already established in the oilfield industry, has also already earned its spurs in the $524 million plus domestic golf cart/NEV (neighborhood electric vehicle) market, where the company’s batteries, like their 40AH and “powerhouse” 120AH 12V units, have fast found favor. The company’s success in these markets has been due in large part to their battery’s extremely long shelf life, environmentally friendly design, enhanced ease of maintenance and re-charge characteristics, as well as the ability to leave them sit for extended periods of inactivity without the fear of substantial discharge. The reduction of demand on the motor is also a big advantage here, as with around 25 percent lower requirements, the motor enjoys a longer lifespan due to the higher overall efficiency.

Beyond the electrochemistry and design of the company’s LFP batteries is Galenfeha’s proprietary battery management system (BMS), which allows for 10 percent lower discharge rates when the unit is dormant, remote monitoring of the battery status via the same protocol that is used in many cell phone standards (radio communication channel access, or CDMA), protection of the battery’s cells from overcharge or discharge damage, and active cell balancing. The BMS is able to ensure that the product’s lifespan is maximized and that it is always operating in a safe state. Paramount features for any home or business considering moving towards the new and rapidly emerging standard of battery backup, which also confers the obvious advantages of providing an uninterruptable energy supply, something which can be crucial for many industries, like data centers and server farms.

The ability to rival diesel gensets on a cost per kWh basis and eventually pull ahead thanks to logistical and technical factors, could make chargeable battery backup systems targeting the home and business markets a serious play for investors who are looking to get in at the ground floor of a rapidly emerging sector. Galenfeha could become one of the key players thanks to their advanced, proven, and robust LFP battery tech. The company’s advantages are considerable, since their technology is ideal for both small and large applications out of the box, thanks to the ease with which it can be scaled into large arrays safely, without the need to develop proprietary cooling systems or battery-to-battery connection solutions.

To get a closer look, please visit www.galenfeha.com

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