STVIStar Trek Voyager Info
STVISpencer Trask Ventures, Inc. (various locations)
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At the end of the program, Eugene Murphy, senior investment manager with STVI, was pleased to report that "When configured in Push-The-Bit mode, the RST tool was able to deviate a subhorizontal, 12-1/4" borehole in a predictable and controllable manner.
Under the agreement, STVI is taking an equity position in RST (BVI) Inc.
According to RST President Steve McLoughlin, "With this investment by STVI, RST will now be able to focus attention and effort on market delivery of this new industry benchmark in rotary steering technology.