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News - September 20, 2019

Summer of Funding

The Calgary-based company says that six of the top 10 producers in North America have signed up for the service over the past 6 months. Cold Bore’s fracturing monitoring service uses software that is coupled with valve positioning and pressure sensors to capture key events during the completion operation. Operators are using the data to identify lost-time events, including invisible lost time, and reduce the time spent fracturing each well. Read More
News - September 20, 2019

Cold Bore’s Smartpad Frac Tech Gains Second Investment Round

Cold Bore Technology Inc. has announced that it has secured a second round of strategic growth funding from Rice Investment Group (RIG). The completions technology firm is based in Calgary, Canada. Read More
News - September 20, 2019

Rice Brothers Boost Investment In Fracking Software Company

Rice Investment Group, formed by Daniel, Toby and Derek Rice, made its initial investment in the fracking software company Cold Bore in October 2018. Two months removed from taking over EQT Corp., the Rice brothers have upped their investment in fracking software company, Cold Bore Technology Inc. Read More
News - September 13, 2019

Cold Bore Technology Closes Second Round of Investment from Rice Investment Group

Global leader in completion optimization technology, Cold Bore Technology Inc. ("Cold Bore" or the "Company") today announced that it has secured a second round of strategic growth funding from Rice Investment Group (RIG).

“We look forward to continuing our close working relationship with the RIG team and are in an exceptional position to capitalize on the strong business momentum we’ve created over the last six months.”

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