DANA POINT, CA — (Marketwired) — 10/03/13 — (OTCQB: PCWT)
“We are pleased to announce, that we have begun exploring various options in Lost Hills California, home to California–s second largest operating Oil patch,” said Steve Roussin the President and CFO.
Strict discharge regulations, and the need to reuse the treated water, have led many oil and mining companies to seek alternative options for oil and water separation from their processed water. After intensive testing, Management believes we have demonstrated a significant solution that will help remove oil from the processed water. By applying several PCWT products at various injection points in the process, we believe we can help solve an important problem for the industry.
To date, WWC has been supplying Clariant with WW-32540 and WW-2161 for purposes of oil & water separation.
Headquartered in Houston, Texas, Clariant Oil & Mining Services is one of the world–s leading suppliers of chemicals and integrated services to the oil and gas industry. Clariant has built a reputation for adding value throughout the oil and gas life-cycle, from exploration to field development, extraction, processing, transportation and refining, to providing rapid response to client needs.
In an effort to combat the growing concerns over the world–s fresh water supply, PCWT was formed to take part in what many see as a powerful emerging green trend, Global Water Investing. PCWT will primarily target businesses within the Agriculture and Industrial sectors, whose combined use of fresh water is estimated at 92% annually.
Safe Harbor Statement:
Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. The company cautions that these forward-looking statements are further qualified by other factors. The company undertakes no obligation to publicly update or revise any statements in this release, whether as a result of new information, future events or otherwise.
Marcus Martinez
Investor Relations
Pacific Clean Water Technologies
(714) 418-8499