SOURCE: Planet Resource Recovery, Inc.

February 19, 2009 08:00 ET

Planet Resource Recovery, Inc.'s PetroLuxus™ Featured in The American Oil & Gas Reporter Magazine as Solution Option in Chemical EOR

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.

Contact Information

  • Company Contact:
    Enrique M. Salinas III
    Planet Resource Recovery, Inc.
    281-996-5315
    Email Contact

    Media Contact:
    Rod Mitchell
    281-350-5506
    Email Contact