Ziebel wins funding for Z-Line

The Norwegian Research Council has committed funding of Ziebel’s Z-Line through the Demo2000 program.
The Z-Line is a carbon rod that will be able to fit on a wireline unit. Z-Line will be building on the success of the Z-System. Ziebel is expecting to close out a contract in Q1’13 with a major multinational oil company to further support the development. Announcement from the Norwegian Research Council can be found at (in Norwegian):