Our wholly owned subsidiary, American Petroleum Solutions Inc., has patented technology that can effectively extract and separate oil from the clay, sand and water which make up tar and oil sands deposits. In November 2009 we conducted oil extraction pilot tests on tar sands samples from both
Alberta, Canada and Utah, producing oil extraction rates exceeding 99%.
Alberta, Canada and Utah, producing oil extraction rates exceeding 99%.
A number of statements referenced in this Release, and any other interviews that have been made, are forward-looking statements, which are made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995, and within the meaning of Section 27A of the Securities Act of 1933 and Section 21B of the Exchange Act of 1934. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, and goals, assumption of future events or performance are not statements of historical fact and may be “forward-looking statements.” Forward looking statements are based on expectations, estimates and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements in this actions may be identified through the use of words such as “expects,” “will,” “anticipates,” “estimates,” “believes,” or statements indicating certain actions “may,” “could,” or “might,” occur. Such statements reflect the current views of the company’s management with respect to future events and are subject to certain assumptions, including those described in this release. These forward-looking statements involve a number of risks and uncertainties, including the timely development and market acceptance of products, services, and technologies, competitive market conditions, successful closing of acquisition transactions and their subsequent integration, the ability to secure additional sources of financing, the ability to reduce operating expenses, and other factors described in the Company's filings with the Pink Sheets. The actual results that the Company achieves may differ materially from any forward-looking statements due to such risks and uncertainties. The Company does not undertake any responsibility to update the “forward-looking” statements contained in this news release.
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This web site is for ACT Clean Technologies, Inc. Cleantech services and new oil extraction technology related news and information purposes only. No part of this site is to be considered a solicitation or an offer to buy or sell securities. No investment advice of any kind is to be inferred from this site. Opinions expressed are those of the site developers only. This site contains "forward looking statements" as defined by SEC regulations. Please verify all information before making any kind of investment decision.
This web site is for ACT Clean Technologies, Inc. Cleantech services and new oil extraction technology related news and information purposes only. No part of this site is to be considered a solicitation or an offer to buy or sell securities. No investment advice of any kind is to be inferred from this site. Opinions expressed are those of the site developers only. This site contains "forward looking statements" as defined by SEC regulations. Please verify all information before making any kind of investment decision.
Tar Sand Tests Produce Oil Separation And Extraction Rates Exceeding 99%.
See More Tar Sands Oil Extraction News - Click Here
November 12, 2009 -- Huntington Beach, California -- MarketWire
Advanced Clean Technologies, Inc. (Stock Symbol: ACLH) today disclosed additional information concerning the recent pilot tests conducted by its wholly owned subsidiary, American Petroleum Solutions, Inc. (APS), including the fact that the oil extraction rate exceeded 99% in both the Alberta, Canada and Utah tests.
The APS technology for the oil reclamation and clean-up process has been used to complete projects for some of the largest oil and gas companies in the United States. These companies include: ConocoPhillips, ExxonMobil, Avon Petroleum, Valero Petroleum, as well as the US Navy Petroleum Reserve.
The principals and founders of APS have more than 15 years' experience in providing a wide range of green services, including environmental remediation, soil remediation and other services of the oil and gas industry.
Russell Kidder, President of Advanced Clean Technologies, Inc., stated,
"Our tests, which utilized our patented, non-hazardous chemical reagents in an ambient temperature environment, were remarkable in that they showed our ability to successfully extract and separate over 99% of the oil residue present in both the Alberta and Utah oil sands samples."
"We believe that our unique technology provides an extraction rate that is significantly higher than the traditional methods, while at the same time being much more energy efficient and environmentally friendly."
About Advanced Clean Technologies, Inc.
Advanced Clean Technologies, Inc. is committed to a safer environment. We provide cost-effective, environmentally safe, remediation solutions to today's hazardous waste problems.
Our wholly owned subsidiary, American Petroleum Solutions, Inc., provides oil field and heavy construction remediation services for projects complicated by environmental, regulatory, and other issues. Our experience ranges from soil remediation to complex, petroleum services related projects throughout North America.
Founded by engineering professionals with environmental construction and remediation engineering backgrounds, APS provides our clients the benefit of a combination of practical solutions and technical experience in working with hazardous substances that are unique to the construction and remediation industry.
Other past major project experience includes the Mobil Oil - Torrance Refinery, Southern California Gas Company, Southern California Edison Company and the Long Beach Unified School District.
Advanced Clean Technologies, Inc. (Stock Symbol: ACLH) today disclosed additional information concerning the recent pilot tests conducted by its wholly owned subsidiary, American Petroleum Solutions, Inc. (APS), including the fact that the oil extraction rate exceeded 99% in both the Alberta, Canada and Utah tests.
The APS technology for the oil reclamation and clean-up process has been used to complete projects for some of the largest oil and gas companies in the United States. These companies include: ConocoPhillips, ExxonMobil, Avon Petroleum, Valero Petroleum, as well as the US Navy Petroleum Reserve.
The principals and founders of APS have more than 15 years' experience in providing a wide range of green services, including environmental remediation, soil remediation and other services of the oil and gas industry.
Russell Kidder, President of Advanced Clean Technologies, Inc., stated,
"Our tests, which utilized our patented, non-hazardous chemical reagents in an ambient temperature environment, were remarkable in that they showed our ability to successfully extract and separate over 99% of the oil residue present in both the Alberta and Utah oil sands samples."
"We believe that our unique technology provides an extraction rate that is significantly higher than the traditional methods, while at the same time being much more energy efficient and environmentally friendly."
About Advanced Clean Technologies, Inc.
Advanced Clean Technologies, Inc. is committed to a safer environment. We provide cost-effective, environmentally safe, remediation solutions to today's hazardous waste problems.
Our wholly owned subsidiary, American Petroleum Solutions, Inc., provides oil field and heavy construction remediation services for projects complicated by environmental, regulatory, and other issues. Our experience ranges from soil remediation to complex, petroleum services related projects throughout North America.
Founded by engineering professionals with environmental construction and remediation engineering backgrounds, APS provides our clients the benefit of a combination of practical solutions and technical experience in working with hazardous substances that are unique to the construction and remediation industry.
Other past major project experience includes the Mobil Oil - Torrance Refinery, Southern California Gas Company, Southern California Edison Company and the Long Beach Unified School District.
Advanced Clean Technologies, Inc. Reports
Dramatic Breakthrough in Canadian Oil Sands Production Techniques
Dramatic Breakthrough in Canadian Oil Sands Production Techniques