Planet Resource Recovery, Inc. Announces Successful Removal of Contaminates in Flow Back & Produced Water from Wells in the B...
October 21 2008 - 6:00AM
Business Wire
Planet Resource Recovery, Inc. (PINK SHEETS: PRRY) is pleased to
announce the successful pre-treatment of flow back water
originating in the Barnett Shale of Central Texas. Building on
successful testing beginning in early 2008 to remove barium from
contaminated produced water from South America, Planet Resource has
treated and successfully removed heavy metals and other solids from
flowback water, produced water, and ground water runoff by
initiation of an (EC) electrocoagulation process used in
conjunction with its proprietary chemical solution, PetroLuxus(TM).
Through the EC process PetroLuxus� works on a nano scale to
penetrate even the smallest particles removing entrained oil,
suspended metals and other adulterates from the contaminated water.
Once the pretreatment is completed, further treatment by
distillation, evaporation or mechanical means will result in
reclaiming the water for other uses. Discovered in 1981, the
Barnett Shale (field) encompasses five thousand square miles,
across 18 counties near Dallas / Ft. Worth, Texas. This is one of
the largest natural gas deposits in the United States. It boasts
plentiful gas reserves estimated at greater than 27 trillion cubic
feet. To extract the gas at volumes that are economical and
efficient, production companies must use the hydraulic fracturing
process. The process utilizes millions of gallons of water for each
well. The process greatly increases the permeability and the
release of trapped gas deposits. Of the water pumped into the wells
approximately 80 percent of the water returns to the surface.
Historically, the recovered water is discarded in disposal wells
due to its saline and other contaminated contents. The cost of
current wastewater disposal processes is in excess of $1.2 billion
dollars per year to the industry. The gas industry, in partnership
with communities and regulatory agencies, has become more
aggressive about testing and employing measures to conserve and
recycle the water. Industry, drilling companies, oil and gas
producers, refineries, and chemical plants produce millions of
gallons of wastewater daily that is contaminated with a variety of
pollutants. Treatment and disposal costs rank in the billions of
dollars annually and often focus on disposal as opposed to
reclamation. The consequence is declining water supplies and
disposal issues. Planet Resource Recovery�s Research and
Development team continue to study and test water treatment with a
wide variety of other contaminants including; chromium, titanium,
sodium chloride, arsenic, mercury, and other harmful or toxic
adulterates. The Company is working to develop clients for further
testing and application in other water treatment applications. With
this product development, Planet Resource Recovery continues its
commitment to develop products that provide solutions to better
enhance the recovery, reclamation, and productive value of oil and
water resources. Planet Resource Recovery is dedicated to
development and expansion of environmentally friendly products that
can be partnered with current processes to reduce waste and
increase recovery of basic resources. As the developer and producer
of these innovative products, Planet Resource Recovery is equally
committed to find and promote relationships with industry leaders
to test and utilize the products in areas where problems exist.
About Planet Resource Recovery, Inc. Planet Resource Recovery, Inc.
is the developer, manufacturer and marketer of the PetroLuxus(TM)
family of products, a proprietary environmentally friendly chemical
compound that dislodges oil in practically all natural and man-made
environments. The PetroLuxus(TM) family of products are effective
and efficient solutions for the remediation and recovery of
petroleum-based products. PetroLuxus(TM) applications include
Enhanced Oil Recovery, Oil Sands, oil spills, oil tank farm
cleaning, marine ship cleaning, remediation of oil sludge pits,
treatment of raw fuel feedstocks, waste oil segregation and
biodiesel, to name a few. Through the acquisition and formation of
wholly owned subsidiaries, Planet Resource Recovery, Inc. deploys
the PetroLuxus(TM) products. Oil Recovery Ventures, Inc. deploys
PetroLuxus(TM) through joint ventures in the Enhanced Oil Recovery
market. For an audio/visual demonstration of PetroLuxus(TM), go to:
http://www.planetresource.net/index-21.html For more information
visit: http://www.planetresource.net or http://www.petroluxus.com
Safe Harbor Statement Certain statements in this release are
"forward-looking" statements as defined in the Private Securities
Litigation Reform Act of 1995. Such statements are subject to
numerous risks and uncertainties. Actual results may vary
significantly from the results expressed or implied in such
statements. Factors that could cause actual results to materially
differ from forward-looking statements include, but are not limited
to, the Company's ability to meet the terms and conditions required
to obtain its project financing, risks and delays associated with
product development, risk of market acceptance of new products,
risk of technology or product obsolescence, competitive risks,
reliance on development partners and the need for additional
capital.
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