SOURCE: Global Clean Energy

November 24, 2008 13:37 ET

Global Clean Energy, Inc. (GCEI.OB) Pumping Tests Exceed Expectations

DENVER, CO--(Marketwire - November 24, 2008) - Global Clean Energy, Inc. (OTCBB: GCEI) is pleased to announce that it has completed field testing of its Dredging Pump (patent pending). With the help of Cascades Engineering and the assistance of the city of Kingsey Falls, Quebec, the pumps were tested in the city's water treatment center. In slurry fluids containing 30% to 50% solids, the pumps were able to achieve a flow rate exceeding 300 US gallons/minute. This rate compares favorably to traditional pumps which average 100 US gpm. Following these successful tests arrangements are currently being made to set up the pumps on-site at the UK Coal, Pontrefract slurry site during the first week of December, in order to commence removing the water and coal slurry from the site as per the Company's business plan.

It is the intention of Global Clean Energy, Inc., to begin in the first quarter of 2009 marketing additional applications of the Dredging Pump to companies throughout North America. The Company has begun contacting selected clients to develop applications to achieve more efficient and clean methods of decontamination of waste sites as well as preparing feed stocks for clean energy use.

Persons interested in obtaining more information concerning the Company should either view the Company's website at www.globalcleanenergy.net, or contact the Company's investor relations department at (303) 522-8449.

Statements in this release, other than statements of historical fact, may be regarded, in certain instances, as "forward-looking statements" pursuant to Section 27A of the Securities Act 1933 and Section 21B of the Securities Exchange Act 1934, respectively. "Forward-looking statements" are based on expectations, estimates and projections at the time the statements are made, and involve risks and uncertainties, which could cause actual results or events to differ materially from those currently anticipated, including, but not limited to delays, difficulties, changed strategies, or unanticipated factors or circumstances affecting the GCE and its business. A number of these risks and uncertainties are described in GCE's periodic reports filed with the Securities and Exchange Commission. There can be no assurance that such forward-looking statements will ever prove to be accurate and reader should not place undue reliance on any such forward-looking statements contained herein, which speak only as of the date hereof. The GCE will not republish revised forward-looking statements to reflect events or circumstances after the date hereof to reflect the occurrence of unanticipated events.

Contact Information

  • GLOBAL CLEAN ENERY, INC.
    Investor Relations
    303-522-8449