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%.
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.
© 2009 Copyright – ACT Clean Technologies, Inc. (ACLH) All Rights Reserved.
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.
Significant Development: Applying Our Technology To Unlock Oil
Trapped In Tar Sand Deposits Can Open The Door To
Explosive Corporate Growth And A Vast Source Of New Revenues and Profits
Tar Sand Tests Produce Oil Separation And Extraction Rates Exceeding 99%.
"These successful test indicate that our unique technology can produce oil extraction rates that are significantly higher than traditional methods, while at the same time being much more energy efficient and environmentally friendly."
"We believe that our process is not only one of the most efficient, but also the most environmentally safe approach to oil recovery from oil sands reserves."
"This could lead to wide spread, commercial applications of our oil extraction process in the tar sands deposit areas in Eastern Utah, as well as other locations with high concentrations of tar sands."
-- CEO Russell Kidder
A vast potential for rapid corporate, revenue, profit and share value growth exists. The U.S. Bureau of Land Management, which controls most of the in-place tar sands oil resources in Utah, estimates that there are 12 to 19 billion barrels of oil present in the Utah Tar Sands area. Also with 170.4 billion barrels of oil trapped in the Alberta Oil Sands, Alberta Canada ranks second globally (after Saudi Arabia) in proven crude oil reserves.
News Release Video:
Advanced Clean Technologies, Inc.
Completes Successful
Oil Extraction Test of Alberta Oil Sands
News Release Video:
Advanced Clean Technologies, Inc.
Completes Successful
Oil Extraction Test of Utah Oil Sands
November 12, 2009 -- Advanced Clean Technologies, Inc. Reports Dramatic Breakthrough in Canadian Tar Sands Oil Extraction and Production Techniques --
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Read The November 11, 2009 News Release
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More Tar Sands Oil Extraction News
November 17, 2009 -- Winning Strategies High Return Low Risk Investing News Network Senior Editor Tim Connolly Comments On
ACT Clean Technologies (ACLH) New Oil Sands Production Technology Ability To Increase Oil Production and Greatly Reduce Costs Per Barrel
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"If ACLH can actually produce 99% oil extraction rates as reported last week, while lowering the energy consumption needed for production and minimizing environmental damage, this is a game changer for the industry."
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