SOURCE: ENVIROTEK

November 06, 2009 10:28 ET

ENVIROTEK Introduces Low Cost Oil Separation Process

COSTA MESA, CA--(Marketwire - November 6, 2009) - ENVIROTEK (PINKSHEETS: ENTK) today announced the Company will be introducing a low cost oil separation process for the recovery of natural crude oil from Dead Wells across South America.

Dead Wells are typically projected to be still holding almost 65% of the original crude oil that became non cost effective to pursue by traditional drilling, due to depth and other recovery factors, therefore Oil and Drilling companies capped the wells and left them sitting dormant. There are hundreds of thousands of capped Dead Wells with high quality crude oil across South America. The statistical costs of oil recovery from such wells are estimated to be somewhere between $70-$80 per barrel, which is not cost effective for profitable production unless oil prices are in the range of $100+/barrel.

ENVIROTEK Board of Directors today announced the company has secured the rights to a revolutionary oil separation process which will allow the recovery of crude oil from the Dead Wells, using a chemical based formulation along with a high range pumping system, increasing the possibility of significantly increased daily production of crude oil at a low cost per barrel.

ENVIROTEK President, Robert Thompson, commented," We will be releasing video footage next week on the company's website, demonstrating this cost effective formulation for Oil Recovery from Dead Wells and geographic locations of high volume Dead Wells, where the company plans to start with the Oil Recovery process."

ENVIROTEK recently acquired controlling interest in Extreme Green Technologies, Inc., whose subsidiary company based in Southern California, Extreme Biodiesel, is one of only 15 Licensed Biofuel refineries in the USA. www.extremebiodiesel.com

About ENVIROTEK

"PROVIDING TOMORROW'S GREEN SOLUTIONS TODAY" Our initiative is to help change the way the world looks at the Environment, and provide solutions to "GO GREEN"

ENVIROTEK is a rapidly growing company that will be introducing several innovative technology solutions to a growing crisis throughout the world. Our goal is to improve the health, environment and economy of people around the world by supplying proprietary technology that can be used in both new and existing systems to convert them to "GREEN" and to create Alternative Energy Solutions.

We will be introducing cutting edge technology in a number of areas: Energy, Environmental Cleanup, Dead Oil Wells and Waste Management, just to name a few. Our products will not only help reduce the Carbon Dioxide green house effect, but will also be a solution to save our resources for generation to come. www.envirotekusa.org

Relevant Link: www.thefuelfilm.com

http://vodnewswire.com/vodnewswire/news/envirotek-20091106/


Safe Harbor Statement: This release includes forward-looking statements intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. These forward-looking statements generally can be identified by phrases such as INCL or its management "believes," "expects," "anticipates," "foresees," "forecasts," "estimates" or other words or phrases of similar import. Similarly, statements herein that describe the Company's business strategy, outlook, objectives, plans, intentions or goals also are forward-looking statements. All such forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those in forward-looking statement.

Contact Information

  • ENVIROTEK:
    949-999-2022