True Entrepreneurial Spirit Earns WellDog Business of the Year Award

Laramie Economic Development Corporation awards WellDog the 2005 Small Business of the Year Award and says WellDog is the poster child for business development

Laramie, WY (PRWEB) June 24, 2005 -- WellDog, Inc., a Wyoming-based energy technology company, has been awarded the 2005 Small Business of the Year Award by the Laramie Economic Development Corporation (LEDC).

LEDC, an investor-based, non-profit organization dedicated to growing jobs in the Laramie area, accepts nominees for the award from the member businesses. The final vote is conducted by the 28 members of the Board of Directors. Criteria for the award includes: businesses in operations for two years or more who have made a contribution to the community as well as experienced favorable improvement in number of employees, revenues and financial condition. Additionally, LEDC looks for companies who have shown advanced entrepreneurial skills through innovation.

"WellDog is really the 'poster child for the type of company we feel represents Laramies continued economic development," said Timothy Stamp, president of LEDC. "We partnered with WellDog almost five years ago and have been impressed with their growth and development. We see them as a company that will not only advance technology in the natural gas industry, but also as one that provides an environmentally friendly service -- that is an unusual combination."

"Our board thinks very highly of WellDog," said Gary Negich, chairman of the LEDC board and president of First Interstate Bank in Laramie. They started as someones great idea with nothing to go on but brains and hard work. It was germinated here, came from the University of Wyoming, and the brain power came with John Pope and his associates. For us, they represent what can happen if you come to Laramie. They are true entrepreneurs -- and even in their early stages they were heavily involved in economic development."

We are honored to receive this award and truly appreciate the support we have received over the years from LEDC," said John Pope, CTO and founder of WellDog. "Laramie has been a great place to grow a strong business. "

About WellDog, Inc.
Founded in 1999, WellDog, Inc. develops chemical sensing technologies for natural gas exploration and production. WellDog® services give coalbed natural gas developers the information they need to produce more gas, more quickly, with less environmental impact. These services support coalbed natural gas, an industry that has been identified as the fastest growing sector of natural gas production in the U.S. For more information, visit http://www.welldog.com.

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