In the suit, Technicoil and Nabors seek return of the confidential information and intellectual property they claim was misappropriated, injunctive relief to prevent Savanna and the other defendants from continuing to use the technology, and certain monetary relief.
Technicoil and Nabors filed earlier proceedings in the Federal Court of Canada challenging the validity of a patent Savanna obtained with respect to the technology that Technicoil and Nabors believe was misappropriated. Savanna also recently commenced a suit against Technicoil and Nabors in the Federal Court claiming that Technicoil and Nabors have infringed Savanna's alleged patent rights. Both suits are still pending.
Technicoil, utilizing patented coil tubing equipment and innovative technology, supplies drilling and service operations to the oil and gas industry in North America.
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