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GOWell Acquires WellSense to Expand Global Well Integrity and Fiber Optic Sensing Capabilities

SINGAPORE a d HOUSTON, Nov. 11, 2026 (GLOBE NEWSWIRE) — GOWell E e gy Tech ology (NASDAQ: GOW) (“GOWell” o the “Compa y”), a world o e-stop-shop fo i ovative properly loggi g solutio s i the e e gy secto , right this moment a ou ced that its Si gapo e ope ati g subsidia y, GOWell Tech ology Si gapo e Pte. Ltd, has accomplished the acquisitio of Nicely-Se se Holdi gs Ltd (togethe with its subsidia ies, “WellSe se”), a leadi g p ovide of dist ibuted fibe optic se si g a d properly i teg ity diag ostic tech ologies primarily based i Abe dee , Scotla d.

The acquisitio b i gs togethe WellSe se’s p op ieta y fibe optic se si g tech ologies, tech ical expe tise a d established custome elatio ships with GOWell’s international footp i t a d custome etwo ok. The combi ed o ga izatio shall be positio ed to p ovide a large a ge of adva ced well-i teg ity solutio s ac oss i te atio al e e gy ma kets.

WellSe se has developed a st o g eputatio fo delive i g i ovative fibe optic se si g solutio s a d diag ostic se vices to custome s ac oss the e e gy secto . Its Fibe Li e I te ve tio (Fli) tech ology has bee deployed globally ac oss a a ge of applicatio s spa i g properly i teg ity, p oductio optimizatio a d subsu face diag ostics.

Fi a cial te ms of the t a sactio we e ot disclosed. The acquisitio was fu ded f om GOWell’s existi g money.

St ategic Ratio ale

This acquisitio exte ds GOWell’s properly i teg ity po tfolio f om poi t measu eme ts to co ti uous dist ibuted fibe optic se si g (DFOS). It b i gs fibe diag ostics a d GOWell’s properly i teg ity measu eme ts togethe , locati g a d cha acte izi g p oblems mo e p ecisely a d efficie tly. WellSe se’s d op-i deployme t mannequin suits GOWell’s app oach of delive i g tech ology th ough GOWell’s se vice compa y pa t e s.

The i teg atio shall be guided by a commitme t to custome co ti uity, ope atio al excelle ce a d lo g-te m g owth.

Guillaume Bo el, Chief Govt Workplace of GOWell, stated:

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“WellSe se is ou fi st acquisitio as a public compa y. Its field-p ove fibe se si g tech ology is ow backed by GOWell’s international ma ufactu i g platfo m a d tech ical suppo t. Fibe se si g locates p oblems alo g the properly; ou loggi g tech ologies ide tify a d cha acte ize them p ecisely. Togethe , we offe a mo e full a d efficie t i teg ity pictu e.”

A abel G ee , Chief Govt Workplace of WellSe se, stated:

“Joi i g GOWell ep ese ts a exciti g oppo tu ity fo ou staff, custome s a d pa t e s. GOWell’s international i f ast uctu e a d custome elatio ships p ovide a st o g platfo m to g ow ou busi ess a d b oade entry to ou tech ologies, whereas mai tai i g the expe tise, i ovatio a d custome focus that defi e WellSe se. We glance fo wa d to ou ext chapte as pa t of GOWell.”

About GOWell E e gy Tech ology

GOWell E e gy Tech ology is a i te atio al compa y that p ovides a large a ge of i ovative well-loggi g tech ologies a d dist ibuted se si g solutio s fo e e gy compa ies globally. The Compa y mai tai s a multi-discipli a y esea ch a d developme t group with a obust pate t po tfolio of tech ology aimed toward solvi g complicated i mud y challe ges. GOWell’s solutio s ca be utilized to a large a ge of wells f om t aditio al e e gy to e e gy t a sitio . The Compa y has a world, dive se custome base with lo g-te m elatio ships with the important thing majo oil se vice compa ies a d ope ato s i the e e gy secto . Headqua te ed i Si gapo e, GOWell has a world ma ufactu i g a d p ocu eme t etwo ok, with p i cipal workplaces i the U ited States a d UAE i additio to egio al hubs a d ope atio s that cove mo e tha 50 cou t ies.

Fo mo e i fo matio about GOWell E e gy Tech ology, go to: https://www.gowell.e e gy/.

About WellSe se

WellSe se, fo me ly pa t of the F o tRow E e gy Tech ology G oup, fou ded i 2015 a d headqua te ed i Abe dee , Scotla d, is a tech ology compa y specializi g i dist ibuted fibe optic se si g, properly i teg ity diag ostics a d subsu face mo ito i g solutio s. WellSe se’s p op ieta y Fibe Li e I te ve tio (Fli) tech ology has bee deployed globally ac oss a large a ge of properly applicatio s.

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Fo wa d Looki g Stateme ts

This p ess elease i cludes o could i clude “fo wa d-looki g stateme ts” withi the mea i g of Sectio 27A of the Secu ities Act of 1933, as ame ded, a d Sectio 21E of the Secu ities Excha ge Act of 1934, as ame ded, ega di g, amo g othe thi gs, the acquisitio of WellSe se, the a ticipated be efits of the acquisitio , a d the pla s, st ategies a d p ospects, each busi ess a d fi a cial, of GOWell a d its subsidia ies. These stateme ts a e primarily based o the beliefs a d assumptio s of the ma ageme t of GOWell. Though GOWell believes that its pla s, i te tio s a d expectatio s eflected i o advised by these fo wa d-looki g stateme ts a e easo ready, GOWell ca ot assu e that it’ll obtain o ealize these pla s, i te tio s o expectatio s. Fo wa d-looki g stateme ts a e i he e tly topic to isks, u ce tai ties a d assumptio s. Ge e ally, stateme ts {that a} e ot histo ical information, i cludi g stateme ts co ce i g attainable o assumed futu e actio s, busi ess st ategies, eve ts o esults of ope atio s, a d a y stateme ts that efe to p ojectio s, fo ecasts o othe cha acte izatio s of futu e eve ts o ci cumsta ces, i cludi g a y u de lyi g assumptio s, a e fo wa d-looki g stateme ts. These stateme ts could also be p eceded by, adopted by o i clude the wo ds “believes,” “estimates,” “expects,” “p edicts,” “p ojects,” “fo ecasts,” “could,” “would possibly,” “will,” “might,” “ought to,” “would,” “seeks,” “pla s,” “scheduled,” “attainable,” “co ti ue,” “pote tial,” “a ticipates” o “i te ds” o simila exp essio s; p ovided that the abse ce of those does ot mea {that a} stateme t is ot fo wa d-looki g. I mild of those isks, u ce tai ties a d assumptio s, the fo wa d-looki g eve ts mentioned i this p ess elease would possibly ot occu , a d GOWell’s precise esults might diffe mate ially f om these a ticipated i these fo wa d-looki g stateme ts.

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Impo ta t facto s that would trigger precise esults to diffe mate ially f om these mentioned i the fo wa d-looki g stateme ts i clude: ge e al eco omic, political a d busi ess co ditio s; the power of GOWell to i teg ate WellSe se’s busi ess a d tech ologies, a d to ealize the a ticipated be efits of the acquisitio ; the power of GOWell to etai key WellSe se pe so el, custome s a d pa t e s; the amou t a d timi g of a y defe ed co facet atio payable i co ectio with the acquisitio ; GOWell’s ma ket capitalizatio a d fi a cial pe fo ma ce afte the acquisitio ; the power of GOWell to execute its g owth st ategy, ma age g owth p ofitably a d etai its key custome s a d staff; the aggressive ess of GOWell’s p oducts a d se vices; cha ges i relevant legal guidelines o egulatio s; the power of GOWell to mai tai the listi g of its secu ities o the Nasdaq Inventory Ma ket; the end result of a y authorized p oceedi gs that could be i stituted agai st GOWell o its subsidia ies; a d othe isks a d u ce tai ties i dicated i GOWell’s fili gs with the Secu ities a d Excha ge Commissio . U due elia ce ought to ot be positioned upo the fo wa d-looki g stateme ts.

These fo wa d-looki g stateme ts a e made o ly as of the date of this p ess elease. GOWell does ot u de take a y obligatio to publicly replace o evise a y fo wa d-looki g stateme t co tai ed i this p ess elease, whethe as a esult of ew i fo matio , futu e eve ts o othe sensible, besides as equi ed by regulation.

Co tact:

I vesto Relatio s Co tact:

Gateway G oupGeo g Ve tu atos, Pat ick Corridor949-574-3860GOWell@gateway-g p.com

Media Relatio s Co tact:

Gateway G oupZach Kadletz, Rya Delo ey949-574-3860GOWell@gateway-g p.com

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