Wineco Productions Inc. to Acquire Licensing Rights for Proprietary Oil and Gas Stimulation Technology
August 01 2006 - 10:19AM
PR Newswire (US)
New Technology Could Double Output of American Oil Wells SUNRISE,
Fla., Aug. 1 /PRNewswire-FirstCall/ -- Wineco Productions Inc.
(OTC:WNCP) announced it has entered into a Letter of Intent to
negotiate for a non-exclusive license of a cutting edge oil and gas
perforation/blended rocket fuel exothermic down-hole oil and gas
stimulation technology from Capital Energy. David Mallard, Chairman
of Capital Energy quoted, "My family had this technology tested by
the Department of Energy at their naval facility in Casper Wy. An
independent analysis of our technology tested a 2200% increase with
the test well fluid level rising from 1250 barrels of fluid a day
to a dramatic 24,800 barrels of fluid after igniting our system 30
feet of down-hole stimulation at the 5,600 feet level in sandstone
reservoir." He also added, "This is excellent in that the major
stimulation companies are happy with increase levels of 200%, our
technology tested 10 times better!" Read more about Capital Energy
and David A. Mallard:
http://www.specialguests.com/guests/viewnews.cgi?id=EEkyZpZVZyUaZRmEyH&tmpl=default
A complete signed and numbered independent evaluation may be found
on the Department of Energy web site for complete review and
consideration. James Logan, President of Wineco Productions
commented, "I concur with David's view that the true market for the
perforator and down-hole fracturing technologies is in the millions
of dollars, as the oil and gas world is always ready to embrace
more efficient technologies." About Wineco Productions Inc., Wineco
is in the process of acquiring mining properties that show
recoverable "Nobel Metals." The various properties are for the most
part, mines that have been worked in earlier times. Working these
mines have left tons of "Tailings" that contain valuable material.
The company will process the material that had already been mined
and that material is referred to as "Tailings." These tailings
yielding better extraction of Noble Metals through advanced
equipment. http://www.winecoproductions.com/ Wineco recently
announced that it has completed negotiations and has acquired the
mine tailing from World Wide Consulting. The tailings consist of
approximately 1 million tons and are very prolific in platinates.
World Wide Consulting is the first of 5 companies that Wineco is in
negotiations with. All companies have shown excellent results in
their tailings. Wineco has proven its test in chemical extraction
of platinum in addition to its previously proven micron gold
extraction process. This media release may contain forward-looking
statements regarding but not limited to management, market
potential, distributor success, market size, international sales,
including statements regarding the intent, belief or current
expectations of Wineco Productions Inc. and uncertainties that
could materially affect actual results. Investors should refer to
documents that the Company intends to file with the SEC for a
description of certain factors that could change actual results.
Investors should refer to factors that could cause actual results
to vary from current expectations and the forward looking
statements contained in this media release. Contact: Wineco
Productions Inc James Logan President 954 575-7296 or 954 316-1326
DATASOURCE: Wineco Productions Inc. CONTACT: James Logan, President
of Wineco Productions Inc., +1-954-575-7296, +1-954-316-1326 Web
site: http://www.winecoproductions.com/
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