Contact Information: Company Contact: Enrique M. Salinas III Planet Resource Recovery, Inc. 281-996-5315 Media Contact: Rod Mitchell 281-350-5506
Planet Resource Recovery, Inc.'s PetroLuxus(TM) Featured in The American Oil & Gas Reporter Magazine as Solution Option in Chemical EOR
| Source: Planet Resource Recovery, Inc.
HOUSTON, TX--(Marketwire - February 19, 2009) - Planet Resource Recovery, Inc. (PLANET)
(PINKSHEETS : PRRY ), developer, manufacturer and marketer of the
PetroLuxus™ family of green technology products, is pleased to announce
that a feature article has been published in the February 2009 edition of
The American Oil & Gas Reporter monthly magazine, titled "SILICA SOLUTION
OPTION IN CHEMICAL EOR."
Based on field results from PetroLuxus™ products treatments in the EOR
market, Planet was asked to submit a three page article detailing the
effectiveness and methodology of why PetroLuxus™ works to recover
trapped oil. The article discusses the scope of marginal wells in the U.S.,
current methods employed to coax oil to the surface, why PetroLuxus™ is
a new, cost-effective solution, a summary of field results exemplifying
production increases and other uses at the well site for environmental
remediation and maintenance. View article at
http://www.planetresource.net/PDF/PlanetResourceRecovery0209.pdf.
Established in 1958, The American Oil & Gas Reporter serves the
exploration, drilling and production segments of the oil and gas industry.
These include independent, diversified and major integrated oil and gas
producers and operators; geophysical, drilling and well servicing
contractors: service, supply and manufacturing companies; landman,
consulting and engineering firms; as well as others allied to the field.
The magazine is the Official Publication of twenty-nine Associations of Oil
& Gas Producers and One Oil & Gas Industry Trade Show. For more information
visit www.aogr.com
About Planet Resource Recovery, Inc.
Planet Resource Recovery, Inc. is the developer, manufacturer and marketer
of the PetroLuxus™ family of green technology products, a proprietary
environmentally friendly chemical compound that dislodges oil in
practically all natural and man-made environments. The PetroLuxus™
family of products are effective and efficient solutions for the
remediation and recovery of petroleum-based products. PetroLuxus™
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™
products. Oil Recovery Ventures, Inc. deploys PetroLuxus™ through joint
ventures in the Enhanced Oil Recovery market.
For an audio/visual demonstration of PetroLuxus™, click on the link
http://www.planetresource.net/index-21.html
For more information visit: http://www.planetresource.net or
http://www.petroluxus.com
Safe Harbor Statement
Certain statements in this release are "forward-looking" statements as
defined in the Private Securities Litigation Reform Act of 1995. Such
statements are subject to numerous risks and uncertainties. Actual results
may vary significantly from the results expressed or implied in such
statements. Factors that could cause actual results to materially differ
from forward-looking statements include, but are not limited to, the
Company's ability to meet the terms and conditions required to obtain its
project financing, risks and delays associated with product development,
risk of market acceptance of new products, risk of technology or product
obsolescence, competitive risks, reliance on development partners and the
need for additional capital.