LARAMIE, Wyo.--(BUSINESS WIRE)--Inc. magazine announced today that WellDog is the 89th fastest growing private company in the United States, according to its annual listing of private companies. WellDog helps natural gas, oil and coal producers around the world reduce greenhouse gas emissions, preserve water resources and improve safety and profitability.
WellDog’s 3,758 percent three-year growth rate established it as the 89th fastest growing company in the nation, 7th out of all energy companies, and the only Wyoming-based company on the list. To be considered for this list candidate companies had to grow more than 918 percent between 2010 and 2012. The average company accepted to the list grew 2,900 percent over that time period.
Started in 1999 and venture-backed from 2004 to 2007, WellDog has combatted a decade of unexpected financial and market headwinds by developing and commercializing new technical services and products into highly active geomarkets in order to build a diversified and vertically integrated business.
Inc. magazine annually ranks the fastest growing private companies in the United States. For the past 32 years companies including Microsoft, Intuit, Zappos, Under Armour, Jamba Juice, Timberland, Clif Bar, Patagonia and Oracle have gained early exposure on the Inc. 500 list.
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Founded in 1979 and acquired in 2005 by Mansueto Ventures, Inc. Magazine is the only major brand dedicated exclusively to owners and managers of growing private companies with the aim to deliver real solutions for today’s innovative company builders. Total monthly audience reach for the brand has grown significantly from 2,000,000 in 2010 to over 6,000,000 today. For more information, visit inc.com.
The Inc. 500 is a list of the fastest-growing private companies in the United States. Started in 1982, this prestigious list of the nation’s most successful private companies has become the hallmark of entrepreneurial success. To view the list, go to www.inc.com/inc500.
WellDog (trade name of Gas Sensing Technology Corp and WellDog Pty Ltd) is a privately held company that applies a diverse set of innovative technologies to increase sustainability, reduce greenhouse gas emissions, and improve production and profit in the oil and gas, mining and alternative energy industries. Its flagship gas testing technical service has identified more than half a billion dollars worth of natural gas in hundreds of coals around the world over the past ten years, while enabling resource producers to leave more than a billion gallons of water in a pristine condition. WellDog now provides several technical services to the coal seam gas, coal mining, conventional oil and gas and shale gas & oil industries including gas testing, permeability testing, downhole pump and reservoir monitoring systems, and environmental monitoring services. The company has offices in Laramie, Wyoming and in Brisbane and Roma, Queensland. More information is available at www.welldog.com.