Skye Petroleum, Inc. Sales Surpass Full Year 2013 Sales in Second Quarter

May 21, 2014 8:12 am Published by Skye Petroleum

SUGAR LAND, TX, Skye Petroleum, Inc. (Pink Sheets: SKPO) is pleased to announce that its sales at the half way point of the second quarter have surpassed its sales for all of 2013.  Skye has seen a significant increase in its three primary sales regions in the United States: Texas, Pennsylvania and North Dakota.  Second quarter sales have more than doubled the previous record quarter in Q4 2013.

The Company has sealed a Distribution Agreement with PetroBull LLC thru Brickstone Holdings LLC in New York and is in the process of sending several of its products to Puerto Rico for lab testing for potential distribution into the Caribbean and Latin America as well. “We have been getting amazing feedback from the Skye Petroleum products throughout our different clients in Latin America and the Caribbean, we are very pleased with being part of the Skye Petroleum family,” said Gabriel de Jesus Sierra, Managing Partner of PetroBull LLC.

Skye Petroleum is now offering a new line of drilling and completion fluids and has made its first sale in Pennsylvania in the second quarter.  Skye is working toward becoming a full line oil field chemical company that can offer both drilling and production fluids.  Brandon Rhodes, Chief Development Officer, said, “As I travel around the country and see the immense problems associated with paraffin and asphaltene in oil wells, tanks, pipelines and rail cars, I am encouraged to see our products making a difference.”  Rhodes stated further, “Now as we expand into the completion fluids market, we have a significant opportunity to grow more rapidly than before.”

Skye anticipates continued strong sales growth for the remainder of the year.  Gerald Weber, CEO of Skye Petroleum, said, “We are seeing increased activity on all levels.  Our marketing efforts along with outside marketing efforts are bringing in these strong results.”  Weber stated further, “It’s been a great team effort with the outside marketing companies we are working with to penetrate the marketplace with our chemical products.  We are just getting started.”

The Company has also entered into a working relationship with Sarge’s Solutions, a company that was set up specifically to distribute Skye Petroleum’s products to their existing network. Below is a statement from the President of Sarge’s Solutions, Sarge Summers.

“Sarge’s Solutions, Lockwood Family of Companies is honored to partner with Skye Petroleum and we anticipate great accomplishments in this new partnership.  With our vast global distribution already in place and the incredible products that we offer to the pipeline, storage tank, exploration and production, barge and rail industries we bring exciting innovation to our customers and solutions to their daily problems.” – Sarge Summers, President – Sarge’s Solutions