Market Pulse News Alert for this AM, Stocks to Watch are: Planet
Resource Recovery, Inc. (PINKSHEETS: PRRY), Exxon Mobil Corp.
(NYSE: XOM), Oracle Corp. (NASDAQ: ORCL) and Juniper Networks Inc.
(NASDAQ: JNPR).
Investors need to be watching Planet Resource Recovery, Inc.
(PINKSHEETS: PRRY) this AM! Planet Resource Recovery is the
developer and manufacturer of the PetroLuxus(TM) family of chemical
products. PetroLuxus(TM) is a proprietary, environmentally friendly
chemical that dislodges hydrocarbons (oil) in practically all
natural and man-made environments. PetroLuxus(TM) products can be
applied to multiple hydrocarbon recovery and production enhancement
applications including: separation and collection of hydrocarbons
in contaminated soil remediation, bio-diesel feedstock treatment to
promote separation of water and particulates, treatment for more
efficient separation and recovery of methanol, fatty acids and
glycerin in bio-diesel production, treatment of rheospectic
compounds produced from the use of oil based drilling muds to
recovery oil and reduce hazardous waste, down hole well stimulation
for enhancing oil production in marginal producing wells, cost
effective and environmentally friendly recovery of oil from Utah
tar sands, cost effective cleaning of storage tank bottoms and oil
recovery, oil recovery and remediation of sludge and tailing ponds,
treatment of heavy oil from removal of water and adulterates with
improvement to flow characteristics, to name a few. Through the
acquisition and formation of wholly-owned subsidiaries, PRRY
deploys the PetroLuxus(TM) products. RADA Technologies, Inc.
designs and engineers new mechanical processing equipment
proprietary to PetroLuxus(TM) products while simultaneously
providing fuel inventory management services reducing loss to
increase gain for its customers. Oil Recovery Ventures, LLC deploys
PetroLuxus(TM) through joint ventures in the Enhanced Oil Recovery
market. PRRY commenced working with an AMEX listed oil production
company in January 2008, with the goal to treat a series of wells
to increase oil production with its down hole treatment product --
PetroLuxus(TM) MMMF. The company's wells are in the Austin Chalk
formation in Texas. Oil production at the primary treated well for
February and March 2008 has been significantly improved with over
285 and 287 barrels, respectfully, of oil for each month, and
through April 21, 2008 the well has continued to average about ten
barrels of oil per day. PRRY recently announced the collaboration
between the company and Affordable Bio Feedstock of Florida aimed
at developing a process utilizing PetroLuxus(TM) products for the
separation and recovery of oils from waste trap grease materials
rendering an affordable, marketable grease feedstock for biodiesel
producers. Affordable Bio Feedstock has purchase commitments from
Biodiesel producers approaching 50 million gallons of raw feedstock
annually once the technology is developed and deployed. The
National Renewable Energy Lab estimates the US generates 495
million gallons of waste grease trap material yearly -- which does
not include millions of gallons of waste grease captured at
municipal water treatment plants. This quantity of raw feedstock
represents an estimated $25 million per year revenue stream for
Planet Resource Recovery. Planet Resource Recovery's pilot
manufacturing plant is operational with PetroLuxus(TM) ready for
commercialization. PRRY is dedicated to maximizing the recovery and
production of hydrocarbon resources reducing America's dependency
on foreign oil and minimizing the environmental impact of petroleum
based hazardous waste through ecologically responsible and
profitable remediation efforts benefiting clients, associates and
investors. Sales through a dedicated distributor network, design
and construction of specific applications processes, and
participation in joint ventures for enhanced profitability ensure a
strategy of introduction of the PetroLuxus(TM) family of products
to the widest audience. Planet Resource Recovery is poised to
become a significant player in the petrochemical/oil services
industry! PRRY just had excellent news out in a press release
before today's opening bell announcing the successful pre-treatment
of flow back water originating in the Barnett Shale of Central
Texas! The company also said the cost of current wastewater
disposal processes is in excess of $1.2 billion per year to the
industry! Investors should be watching this one closely!
Planet Resource Recovery, Inc. (PINKSHEETS: 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(TM) 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 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), click on
the link http://www.planetresource.net/index-21.html. For more
information visit: http://www.planetresource.net or
http://www.petroluxus.com.
Stocks in the news and acting well as of late include: Exxon
Mobil Corp. (NYSE: XOM), Oracle Corp. (NASDAQ: ORCL) and Juniper
Networks Inc. (NASDAQ: JNPR).
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Recovery, Inc. compensation from a third party shareholder: seven
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