SOURCE: Planet Resource Recovery, Inc.

May 24, 2017 11:03 ET

Planet to Commence Oil Well Treatment Program in Mexico

HOUSTON, TX--(Marketwired - May 24, 2017) - Planet Resource Recovery, Inc. (OTC PINK: PRRY), provider of green chemistries for the Oil & Gas and Water Industries, announced today that it is commencing an oil well treatment program in Mexico through the Company's dealer, Servicios Ambientales del Golfo S.A. de C.V. The pilot wells to be treated are in a mature oil field along the Gulf of Mexico comprised of over 525 oil wells.

The first pilot wells will be treated with Planet's environmental-friendly, enhanced oil recovery technology, PetroLuxus™ WC. The treated pilot wells will be monitored over the course of a 90 day period and evaluated concerning production, crude oil quality, equipment performance and efficiencies.

About Planet Resource Recovery, Inc.

Planet Resource Recovery, Inc. is the developer, manufacturer and marketer of the earth friendly products of the PetroLuxus™ Technology Platform which currently include the PetroLuxus™ family of products for the Oil & Gas industry and nontoxic AquaLuxus™ WC treatment for the water industry. For more information visit: Prry.net

Safe Harbor Statement

Under The Private Securities Litigation Reform Act of 1995: The statements in this presentation that relate to the Company's expectations with regard to the future impact on the Company's results from new products in development are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The results anticipated by any or all of these forward-looking statements may not occur. Additional risks and uncertainties are set forth in the Company's Annual Report for the year ended December 31, 2014, the Company's Quarterly Report for the Third quarter ended September 30, 2015. The Company undertakes no obligation to publicly release the result of any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date hereof, or to reflect the occurrence of unanticipated events or changes in the Company's plans or expectations.

Contact Information

  • Contact:
    Planet Resource Recovery, Inc.
    281-213-5622