Water Stocks News - Skinny Water Now Available at All Fairway Market Locations in New York and New Jersey
BALA CYNWYD, Pa- Skinny Nutritional Corp. (OTC BB:SKNY), the maker of Skinny Water® and a leader in the zero-calorie enhanced water category, announced today that Skinny Water is now available at all Fairway Market grocery stores.
Servicing the residents of New York and New Jersey since the 1940s, Fairway Market transformed from a fruit and vegetable grocery store into a “high-end, low price specialty store.” This transformation is attributed to each previous generation’s determination to cultivate the vision of offering the best grocery selection in a warm, friendly atmosphere.
Besides being a fixture in the communities they serve, one of Fairway Market’s many accolades include being recognized by Specialty Food Magazine as one of the country’s ‘Six Outstanding Specialty Food Retailers’ as well as ‘Consumer Deal of the Year’ by M & A Magazine.
The Skinny Water® lineup features six great-tasting flavors, including Acai Grape Blueberry (Hi-Energy), Raspberry Pomegranate (Crave Control), Goji Fruit Punch (Shape), Lemonade Passionfruit (Total-V), Peach Mango Mandarin (XXX-Detox), and introducing Orange Cranberry Tangerine (Wake Up). Every bottle of Skinny Water® has calcium, potassium, and EGCG and has zero calories, sugar, sodium, no preservatives, and all natural colors and flavors.
ABOUT SKINNY NUTRITIONAL CORP. Headquartered in Bala Cynwyd, Pa., Skinny Nutritional Corp., the creators of Skinny Water®, a zero-calorie, zero-sugar, zero-sodium and zero-preservative enhanced water. Skinny Water comes in six great tasting flavors that include Acai Grape Blueberry, Goji Fruit Punch, Peach Mango Mandarin, Raspberry Pomegranate, Orange Cranberry Tangerine and Lemonade Passionfruit. Skinny Nutritional Corp. also expects to launch additional branded products, including Skinny Tea®, and other Skinny branded beverages. For more information, visit www.SkinnyWater.com.
ABOUT FAIRWAY MARKET With over 2000 current employees, Fairway Market currently has five locations throughout New York and New Jersey, with a highly-anticipated sixth store opening at the end of this year in Westchester County, NY, as well as a seventh location in Stamford, Connecticut, and an eighth in Douglaston, NY. For more information, please visit www.fairwaymarket.com.
SAFE HARBOR STATEMENT This news release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance and underlying assumptions and other statements, which are other than statements of historical facts. When used in this release, the words "believe," "anticipate," "think," "intend," "plan," "will be," "expect," and similar expressions identify such forward-looking statements. These statements are subject to uncertainties and risks including, but not limited to, risks set forth in documents filed by the Company from time to time with the Securities and Exchange Commission. All such forward-looking statements, whether written or oral, and whether made by, or on behalf of, the Company, are expressly qualified by these cautionary statements and any other cautionary statements which may accompany the forward-looking statements. In addition, the Company disclaims any obligation to update any forward-looking statements to reflect events or circumstances after the date hereof.
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Tuesday, October 13, 2009
Environmental Capital Partners Completes Cascade Drilling Transaction
Environmental Capital Partners Completes Cascade Drilling Transaction
Investment provides capital to fund future growth initiatives
WOODINVILLE, WashEnvironmental Capital Partners (“ECP”), a New York based private equity firm, with its affiliates announced today that it has made an investment in Cascade Drilling, L.P. in order to fund the Company’s future growth initiatives. Bruce Niermeyer, the Company’s founder, remains a significant shareholder and will continue as President and CEO of the Company. Mr. Niermeyer has been a leader in the drilling industry for decades and has been instrumental in developing Cascade Drilling into one of the largest independent drilling companies in North America focused on the environmental sector. The transaction enables the Company to expand significantly while affording it the ability to continue to service its customers at the highest level. Terms of the agreement were not disclosed.
“We are delighted with our investment in Cascade Drilling. By providing environmental drilling services for water and soil assessment, monitoring, and remediation purposes, Cascade Drilling is a perfect fit with our broader mission to promote the growth of companies that enhance environmental sustainability,” said Robert Egan, a Managing Partner of ECP. “Our investment provides the business with the flexibility to grow beyond existing locations in Seattle, Los Angeles, Sacramento and Portland and for expanded service offerings while maintaining its keen focus on safety and customer service. Technological advances in remediation, an ever increasing need to assess and clean up contaminated sites, and the improved economics of applications such as geothermal heat transfer will provide secular growth in Cascade Drilling’s core sectors. Bruce Niermeyer has built an industry leading company through deep knowledge and outstanding leadership; we look forward to partnering with Bruce in developing Cascade Drilling in the coming years.”
“Our relationship with ECP will provide us with a long-term partner to promote future growth and enable us to build upon our leadership position by expanding the locations in which we offer clients the highest level of service and safety,” Cascade Drilling President and CEO Bruce Niermeyer said. “I view the transaction as a natural progression within Cascade Drilling’s lifecycle. We have grown without outside resources to cover the entire West Coast and are now at the point where it makes sense to team with an institutional partner to take the Company to the next level. ECP has shown a strong commitment to Cascade Drilling’s core values of safety first and quality while demonstrating the skills and track record I was looking for in a partner.”
Morgan Stanley Smith Barney’s Capital Strategies Group served as exclusive financial advisor to Cascade Drilling in this transaction. PNC Business Credit arranged the financing for the transaction. O'Melveny & Myers LLP and Karr Tuttle Campbell provided legal advice to ECP and the Company, respectively.
About Cascade Drilling
Cascade Drilling is a leading provider of environmental drilling services for water and soil assessment, monitoring, and remediation purposes on the West Coast. The Company is a recognized regional leader in auger and direct push drilling, standard drilling methods for assessing the extent of subsurface contamination. Cascade Drilling also provides rotary, sonic and other drilling methods, which allows it to offer a wide range of environmental drilling services. The Company drills holes for a wide range of reasons, including providing samples of water and soil, installation of devices through drilling that facilitate monitoring, and subsurface application of chemicals or other agents for in situ remediation. Cascade Drilling’s core beliefs are safety first, customer service and quality.
About Environmental Capital Partners
ECP provides long-term capital and management support to leading middle-market companies in the environmental industry with a focus on companies that provide goods and services to prevent, limit, or correct environmental damage to water, air, soil, or human health. Based in New York, ECP typically seeks to invest $5 to $25 million of its own capital in companies with sales of $20 to $150 million. ECP’s model is to invest in established businesses with strong growth potential that can benefit from its financial, operational and strategic resources.
Visit the water stocks directory at Investorideas.com and Water-stocks.com
Investment provides capital to fund future growth initiatives
WOODINVILLE, WashEnvironmental Capital Partners (“ECP”), a New York based private equity firm, with its affiliates announced today that it has made an investment in Cascade Drilling, L.P. in order to fund the Company’s future growth initiatives. Bruce Niermeyer, the Company’s founder, remains a significant shareholder and will continue as President and CEO of the Company. Mr. Niermeyer has been a leader in the drilling industry for decades and has been instrumental in developing Cascade Drilling into one of the largest independent drilling companies in North America focused on the environmental sector. The transaction enables the Company to expand significantly while affording it the ability to continue to service its customers at the highest level. Terms of the agreement were not disclosed.
“We are delighted with our investment in Cascade Drilling. By providing environmental drilling services for water and soil assessment, monitoring, and remediation purposes, Cascade Drilling is a perfect fit with our broader mission to promote the growth of companies that enhance environmental sustainability,” said Robert Egan, a Managing Partner of ECP. “Our investment provides the business with the flexibility to grow beyond existing locations in Seattle, Los Angeles, Sacramento and Portland and for expanded service offerings while maintaining its keen focus on safety and customer service. Technological advances in remediation, an ever increasing need to assess and clean up contaminated sites, and the improved economics of applications such as geothermal heat transfer will provide secular growth in Cascade Drilling’s core sectors. Bruce Niermeyer has built an industry leading company through deep knowledge and outstanding leadership; we look forward to partnering with Bruce in developing Cascade Drilling in the coming years.”
“Our relationship with ECP will provide us with a long-term partner to promote future growth and enable us to build upon our leadership position by expanding the locations in which we offer clients the highest level of service and safety,” Cascade Drilling President and CEO Bruce Niermeyer said. “I view the transaction as a natural progression within Cascade Drilling’s lifecycle. We have grown without outside resources to cover the entire West Coast and are now at the point where it makes sense to team with an institutional partner to take the Company to the next level. ECP has shown a strong commitment to Cascade Drilling’s core values of safety first and quality while demonstrating the skills and track record I was looking for in a partner.”
Morgan Stanley Smith Barney’s Capital Strategies Group served as exclusive financial advisor to Cascade Drilling in this transaction. PNC Business Credit arranged the financing for the transaction. O'Melveny & Myers LLP and Karr Tuttle Campbell provided legal advice to ECP and the Company, respectively.
About Cascade Drilling
Cascade Drilling is a leading provider of environmental drilling services for water and soil assessment, monitoring, and remediation purposes on the West Coast. The Company is a recognized regional leader in auger and direct push drilling, standard drilling methods for assessing the extent of subsurface contamination. Cascade Drilling also provides rotary, sonic and other drilling methods, which allows it to offer a wide range of environmental drilling services. The Company drills holes for a wide range of reasons, including providing samples of water and soil, installation of devices through drilling that facilitate monitoring, and subsurface application of chemicals or other agents for in situ remediation. Cascade Drilling’s core beliefs are safety first, customer service and quality.
About Environmental Capital Partners
ECP provides long-term capital and management support to leading middle-market companies in the environmental industry with a focus on companies that provide goods and services to prevent, limit, or correct environmental damage to water, air, soil, or human health. Based in New York, ECP typically seeks to invest $5 to $25 million of its own capital in companies with sales of $20 to $150 million. ECP’s model is to invest in established businesses with strong growth potential that can benefit from its financial, operational and strategic resources.
Visit the water stocks directory at Investorideas.com and Water-stocks.com
Thursday, October 8, 2009
Water Stocks Marketplace update for Investing In Water Companies for Accredited Investors
POINT ROBERTS, WA and DELTA, BC –October 8, 2009 www.Water-Stocks.com, an investor and industry portal for the water sector within Investorideas.com, updates the Investor Ideas Marketplace for accredited investors seeking opportunities for investing in emerging water companies.
Accredited water investors and water companies seeking funding or partners can register at the Marketplace and request info online. Approved accredited investors can view the secure marketplace pages featuring executive summaries of each company. Approved companies can be added to the growing list of companies.
Entrepreneurs and Investors can also subscribe to the Marketplace Business, Venture, Capital and Funding News RSS Feed.
Sign up page: Register and sign up to view the private access link or to have your company added:
Investors following publicly traded water companies can also research water stocks at the www.Water-Stocks.com and Investorideas.com water stocks directory.
About us
www.Water-Stocks.com, a portal within the InvestorIdeas.com content umbrella, offers investors research tools, news, Blogs, online conferences, Podcasts , interviews and a directory of public companies within the water sector .The water-stocks content hub has created a global marketplace and meeting place for investors, public companies, industry buyers and sellers of water technology, services and water assets.
Visit the Investorideas.com Marketplace for water opportunities for business and investors
InvestorIdeas.com:
Investorideas.com creates a meeting place for investing ideas to take form and come to life in an entrepreneurial environment, servicing the needs of small investors and start- up companies to large conglomerates! We cover multiple industry sectors but specialize in environmental and water.
Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured showcase companies including Wescorp Energy (WSCE), news submissions and online advertising. Read our Compensation Disclosure and disclaimers.
For More Information Contact:
Water-stocks.com
Dawn Van Zant 800-665-0411
Email: dvanzant@investorideas.com or cvanzant@investorideas.com
Web Site: www.InvestorIdeas.com www.water-stocks.com
Source: Water-Stocks.com, Investorideas.com
Visit the water stocks directory at Investorideas.com and Water-stocks.com
POINT ROBERTS, WA and DELTA, BC –October 8, 2009 www.Water-Stocks.com, an investor and industry portal for the water sector within Investorideas.com, updates the Investor Ideas Marketplace for accredited investors seeking opportunities for investing in emerging water companies.
Accredited water investors and water companies seeking funding or partners can register at the Marketplace and request info online. Approved accredited investors can view the secure marketplace pages featuring executive summaries of each company. Approved companies can be added to the growing list of companies.
Entrepreneurs and Investors can also subscribe to the Marketplace Business, Venture, Capital and Funding News RSS Feed.
Sign up page: Register and sign up to view the private access link or to have your company added:
Investors following publicly traded water companies can also research water stocks at the www.Water-Stocks.com and Investorideas.com water stocks directory.
About us
www.Water-Stocks.com, a portal within the InvestorIdeas.com content umbrella, offers investors research tools, news, Blogs, online conferences, Podcasts , interviews and a directory of public companies within the water sector .The water-stocks content hub has created a global marketplace and meeting place for investors, public companies, industry buyers and sellers of water technology, services and water assets.
Visit the Investorideas.com Marketplace for water opportunities for business and investors
InvestorIdeas.com:
Investorideas.com creates a meeting place for investing ideas to take form and come to life in an entrepreneurial environment, servicing the needs of small investors and start- up companies to large conglomerates! We cover multiple industry sectors but specialize in environmental and water.
Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured showcase companies including Wescorp Energy (WSCE), news submissions and online advertising. Read our Compensation Disclosure and disclaimers.
For More Information Contact:
Water-stocks.com
Dawn Van Zant 800-665-0411
Email: dvanzant@investorideas.com or cvanzant@investorideas.com
Web Site: www.InvestorIdeas.com www.water-stocks.com
Source: Water-Stocks.com, Investorideas.com
Visit the water stocks directory at Investorideas.com and Water-stocks.com
Water Stocks Sector Close –Up on Publicly Traded Water Stocks from the Investorideas.com Water Stocks Index
Water Stocks Sector Close –Up on Publicly Traded Water Stocks from the Investorideas.com Water Stocks Index
Investorideas.com Water Stocks Index Published on Socially Responsible Website, Investinwhoyouare.com
Featured Water Stocks Showcase Company: Wescorp Energy Inc. (OTCBB: WSCE )
POINT ROBERTS, WA and DELTA, BC –October 8, 2009 www.Water-Stocks.com, an investor and industry portal for the water sector within Investorideas.com, presents a sector close-up on publicly traded water stocks from the Investorideas.com Water Index, created and published on the socially responsible investor website, www.investinwhoyouare.com.
Investorideas.com Water Stocks Index
Published at www.investinwhoyouare.com
Index based on 9 water stocks from the global water stocks directory at www.Investorideas.com and www.water-stocks.com
Water Stocks Index Components Trading as of October 8th 2009
American Water Works Company, Inc. (NYSE: AWK) trading at $19.6, up $ 0.07 (0.36%) 10:39am ET
Ameron International Corporation (NYSE: AMN) trading at $ 73.23, up$ 0.47 (0.65)
American States Water Company (NYSE:AWR) trading at $36.73, up $ 0.22 (0.60)
Aqua America (NYSE: WTR) trading at $16.87 0.01 (0.06%)
ITT Corporation (NYSE:ITT) trading at $49.80, up $ 0.27 (0.55%) 10:45am ET
Middlesex Water Company (NasdaqGS: MSEX) trading at $15.5, up 0.07 (0.45%) 10:38am ET
Pentair, Inc. (NYSE: PNR) trading at #30.37 0.84 (2.84%) 10:47am ET
Watts Water Technologies, Inc. (NYSE: WTS ) trading at $30.44, up $0.44 (1.47%)
Wescorp Energy Inc. (OTCBB: WSCE ) trading at $0.26 - 0.28
Featured Water Stock Showcase Company: Wescorp Energy Inc. (OTCBB: WSCE )
Wescorp Energy Inc Showcase Profile Page
Wescorp Energy Inc. (OTCBB: WSCE) is an Oil and Gas solutions provider focused on deploying its water remediation and environmental technologies that overcome tough operational challenges facing oil and gas operators today on a global basis. Virtually anywhere in the world oil is produced contaminated water is produced, this includes associated formation water in conventional oil and gas production and potable water used in unconventional oil production such as the massive Oil Sands development in Alberta Canada.
Using conventional oil/water/solids separation technology, between 0.05% - 5% (500 ppm - 50,000 ppm) residual oil content remains in the water, Wescorp's patented, proven and highly scalable H2Omaxx microscopic aeration technology addresses this crisis by being able to increase the recovery of oil and reduce the amount of hydrocarbons in the contaminated water to less than 0.001% or 10 ppm. Wescorp's H2Omaxx is extremely economical and environmentally friendly eliminating the use of chemicals, filtration systems, high temperature systems and high pressure vessels.
Wescorp Energy Inc Company Website: http://www.wescorpenergy.com/
Research more global water stocks at the Water Stocks Directory
About Investars
www.investinwhoyouare.com is owned by Investars
Investars is dedicated to helping investors enhance investment performance through innovative supply chain management tools, indexing and structured products, as well as unique media content. Our clients benefit from customized analytics designed to help them identify alpha generating investment ideas according to their own investment style and risk tolerance levels.
About us
www.Water-Stocks.com, a portal within the InvestorIdeas.com content umbrella, offers investors research tools, news, Blogs, online conferences, Podcasts , interviews and a directory of public companies within the water sector .The water-stocks content hub has created a global marketplace and meeting place for investors, public companies, industry buyers and sellers of water technology, services and water assets.
Visit the Investorideas.com Marketplace for water opportunities for business and investors
InvestorIdeas.com:
Investorideas.com creates a meeting place for investing ideas to take form and come to life in an entrepreneurial environment, servicing the needs of small investors and start- up companies to large conglomerates! We cover multiple industry sectors but specialize in environmental and water.
Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured showcase companies including Wescorp Energy (WSCE), news submissions and online advertising. Read our Compensation Disclosure and disclaimers.
For More Information Contact:
Water-stocks.com
Dawn Van Zant 800-665-0411
Email: dvanzant@investorideas.com
Web Site: www.InvestorIdeas.com www.water-stocks.com
Source: Water-Stocks.com, Investorideas.com
Investorideas.com Water Stocks Index Published on Socially Responsible Website, Investinwhoyouare.com
Featured Water Stocks Showcase Company: Wescorp Energy Inc. (OTCBB: WSCE )
POINT ROBERTS, WA and DELTA, BC –October 8, 2009 www.Water-Stocks.com, an investor and industry portal for the water sector within Investorideas.com, presents a sector close-up on publicly traded water stocks from the Investorideas.com Water Index, created and published on the socially responsible investor website, www.investinwhoyouare.com.
Investorideas.com Water Stocks Index
Published at www.investinwhoyouare.com
Index based on 9 water stocks from the global water stocks directory at www.Investorideas.com and www.water-stocks.com
Water Stocks Index Components Trading as of October 8th 2009
American Water Works Company, Inc. (NYSE: AWK) trading at $19.6, up $ 0.07 (0.36%) 10:39am ET
Ameron International Corporation (NYSE: AMN) trading at $ 73.23, up$ 0.47 (0.65)
American States Water Company (NYSE:AWR) trading at $36.73, up $ 0.22 (0.60)
Aqua America (NYSE: WTR) trading at $16.87 0.01 (0.06%)
ITT Corporation (NYSE:ITT) trading at $49.80, up $ 0.27 (0.55%) 10:45am ET
Middlesex Water Company (NasdaqGS: MSEX) trading at $15.5, up 0.07 (0.45%) 10:38am ET
Pentair, Inc. (NYSE: PNR) trading at #30.37 0.84 (2.84%) 10:47am ET
Watts Water Technologies, Inc. (NYSE: WTS ) trading at $30.44, up $0.44 (1.47%)
Wescorp Energy Inc. (OTCBB: WSCE ) trading at $0.26 - 0.28
Featured Water Stock Showcase Company: Wescorp Energy Inc. (OTCBB: WSCE )
Wescorp Energy Inc Showcase Profile Page
Wescorp Energy Inc. (OTCBB: WSCE) is an Oil and Gas solutions provider focused on deploying its water remediation and environmental technologies that overcome tough operational challenges facing oil and gas operators today on a global basis. Virtually anywhere in the world oil is produced contaminated water is produced, this includes associated formation water in conventional oil and gas production and potable water used in unconventional oil production such as the massive Oil Sands development in Alberta Canada.
Using conventional oil/water/solids separation technology, between 0.05% - 5% (500 ppm - 50,000 ppm) residual oil content remains in the water, Wescorp's patented, proven and highly scalable H2Omaxx microscopic aeration technology addresses this crisis by being able to increase the recovery of oil and reduce the amount of hydrocarbons in the contaminated water to less than 0.001% or 10 ppm. Wescorp's H2Omaxx is extremely economical and environmentally friendly eliminating the use of chemicals, filtration systems, high temperature systems and high pressure vessels.
Wescorp Energy Inc Company Website: http://www.wescorpenergy.com/
Research more global water stocks at the Water Stocks Directory
About Investars
www.investinwhoyouare.com is owned by Investars
Investars is dedicated to helping investors enhance investment performance through innovative supply chain management tools, indexing and structured products, as well as unique media content. Our clients benefit from customized analytics designed to help them identify alpha generating investment ideas according to their own investment style and risk tolerance levels.
About us
www.Water-Stocks.com, a portal within the InvestorIdeas.com content umbrella, offers investors research tools, news, Blogs, online conferences, Podcasts , interviews and a directory of public companies within the water sector .The water-stocks content hub has created a global marketplace and meeting place for investors, public companies, industry buyers and sellers of water technology, services and water assets.
Visit the Investorideas.com Marketplace for water opportunities for business and investors
InvestorIdeas.com:
Investorideas.com creates a meeting place for investing ideas to take form and come to life in an entrepreneurial environment, servicing the needs of small investors and start- up companies to large conglomerates! We cover multiple industry sectors but specialize in environmental and water.
Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured showcase companies including Wescorp Energy (WSCE), news submissions and online advertising. Read our Compensation Disclosure and disclaimers.
For More Information Contact:
Water-stocks.com
Dawn Van Zant 800-665-0411
Email: dvanzant@investorideas.com
Web Site: www.InvestorIdeas.com www.water-stocks.com
Source: Water-Stocks.com, Investorideas.com
Wednesday, October 7, 2009
Water stocks index at www.investinwhoyouare.com
Investorideas.com Water Stock Index
Published at http://www.investinwhoyouare.com/
*Based stocks from the Investorideas.com water stocks directoryComponents: AMERON INTL INC, AMERICAN PAC CORP, AMERICAN WTR WKS CO INC NEW, AMERICAN STS WTR CO, ITT CORP NEW, MIDDLESEX WATER CO, WESCORP ENERGY INC
Water Stocks Index
http://www.investinwhoyouare.com/iip_you_profiles.aspx?PortfolioId=1448
Visit the water stocks directory at Investorideas.com and Water-stocks.com
Published at http://www.investinwhoyouare.com/
*Based stocks from the Investorideas.com water stocks directoryComponents: AMERON INTL INC, AMERICAN PAC CORP, AMERICAN WTR WKS CO INC NEW, AMERICAN STS WTR CO, ITT CORP NEW, MIDDLESEX WATER CO, WESCORP ENERGY INC
Water Stocks Index
http://www.investinwhoyouare.com/iip_you_profiles.aspx?PortfolioId=1448
Visit the water stocks directory at Investorideas.com and Water-stocks.com
Monday, October 5, 2009
Water Stocks News - Wescorp Energy and Ellycrack AS restructure their joint agreement for the development and commercialization of the VISCOSITOR heavy oil upgrading technology
Category: Water
HOUSTON, TX and CALGARY, AB - Wescorp Energy Inc. (OTCBB: WSCE), an oil and gas technology solutions provider, and Ellycrack AS, a private heavy oil technology company based in Norway, are pleased to announce that they have restructured the terms of their joint agreement to develop and commercialize the patented on-site heavy oil upgrading technology. The new agreement benefits both companies by aiding Ellycrack to secure the required funding, which, when obtained, will rapidly advance extensive testing, development and refinement of a commercialized facility. The Ellycrack technology, called the VISCOSITOR, uses a low temperature and low pressure thermo-mechanical process to increase the viscosity of heavy oil, thus increasing its value per barrel by US$25 to $30 in a single operation at a cost of approximately US$5 per barrel. The VISCOSITOR technology offers substantial economic and environmental benefits to clients engaged in the production of heavy oil, including the reduction of carbon dioxide emissions by up to 60%.
Under the terms of the new agreement, Ellycrack will have full legal ownership of the VISCOSITOR technology, including its designs, work projects and the 50 barrel-per-day VISCOSITOR test unit that is currently located in western Canada.
In return, Ellycrack AS will deliver 725,000 shares of Ellycrack to Wescorp for nominal consideration and Ellycrack will credit Wescorp as having satisfied its obligation to Ellycrack of approximately $160,000. Wescorp will become the largest single shareholder of Ellycrack with ownership of 23.72% on a fully diluted basis. Wescorp also has been granted the option to participate in all future Ellycrack share issuances thus allowing Wescorp to maintain its ownership percentage in Ellycrack AS.
"Wescorp is very pleased with the new arrangement with Ellycrack regarding the VISCOSITOR," commented Doug Biles, President and CEO of Wescorp Energy. "It is our understanding that the Ellycrack team will quickly begin the continued extensive testing and development of the VISCOSITOR technology. This arrangement also will allow our Wescorp team to become completely focused on the water and solid remediation business opportunities in North America."
"This new agreement is beneficial to both companies," stated Olav Ellingsen, CEO of Ellycrack AS. "Ellycrack's legal ownership and control of the test unit allows us to finance the company so further development and commercialization can occur at a much faster rate. We look forward to having Wescorp as a value-added shareholder as we prove the commercial viability and large scale economic value of the VISCOSITOR."
About Wescorp
Wescorp Energy Inc. (www.wescorpenergy.com) is an oil and gas operations solutions company focused on commercializing technologies that overcome tough operations challenges facing oil and gas operators today. Wescorp combines its intellectual capital, oil and gas industry experience, best practices methodologies and its market offerings to deliver these solutions in a timely, economic and environmentally friendly manner.
Wescorp shares currently trade on the NASD.OTC Bulletin Board under the symbol "WSCE".
About Ellycrack AS
Ellycrack AS is a private company based in Norway. Ellycrack's VISCOSITOR is a patented on-site heavy oil upgrading technology. The VISCOSITOR uses unique dry, low-temperature and low-pressure thermo-mechanical process using pre-heated particles as catalysts.
Website: www.ellycrack.com
Safe Harbor Statement
Any statements contained herein that are not historical facts are forward-looking statements, and involve risks and uncertainties. Potential factors could cause actual results to differ materially from those expressed or implied by such statements. Information on the potential factors that could affect the Company's actual results of operations is included in its filings with the Securities and Exchange Commission. These risks may be further discussed in periodic reports and registration statements to be filed by the Company from time to time with the Securities and Exchange Commission in the future.
For more information contact:
Wescorp Energy Inc.
Investor Relations: Mark Komonoski, Toll-Free 1-877-255-8483, Office Line (403) 255-8483, Mobile (403) 470-8384, mkomonoski@wescorpenergy.com
www.wescorpenergy.com
Renmark Financial Communications Inc.: Jason Roy: jroy@renmarkfinancial.com
Barry Mire: bmire@renmarkfinancial.com, (514) 939-3989, (416) 644-2020
www.renmarkfinancial.com
Source: OilandGasStockNews.com; Wescorp
Wescorp Energy Inc (OTC.BB: WSCE) is a featured Company on Investorideas.com, Water-stocks.com, Environmentstocks.com and Oilandgasstocknews.com
For more info on WSCE visit the Company Showcase: Click Here
Disclaimer and Disclosure: /About/Disclaimer.asp
Investorideas.com Membership - Research more Water Stocks and Green stocks
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Category: Water
HOUSTON, TX and CALGARY, AB - Wescorp Energy Inc. (OTCBB: WSCE), an oil and gas technology solutions provider, and Ellycrack AS, a private heavy oil technology company based in Norway, are pleased to announce that they have restructured the terms of their joint agreement to develop and commercialize the patented on-site heavy oil upgrading technology. The new agreement benefits both companies by aiding Ellycrack to secure the required funding, which, when obtained, will rapidly advance extensive testing, development and refinement of a commercialized facility. The Ellycrack technology, called the VISCOSITOR, uses a low temperature and low pressure thermo-mechanical process to increase the viscosity of heavy oil, thus increasing its value per barrel by US$25 to $30 in a single operation at a cost of approximately US$5 per barrel. The VISCOSITOR technology offers substantial economic and environmental benefits to clients engaged in the production of heavy oil, including the reduction of carbon dioxide emissions by up to 60%.
Under the terms of the new agreement, Ellycrack will have full legal ownership of the VISCOSITOR technology, including its designs, work projects and the 50 barrel-per-day VISCOSITOR test unit that is currently located in western Canada.
In return, Ellycrack AS will deliver 725,000 shares of Ellycrack to Wescorp for nominal consideration and Ellycrack will credit Wescorp as having satisfied its obligation to Ellycrack of approximately $160,000. Wescorp will become the largest single shareholder of Ellycrack with ownership of 23.72% on a fully diluted basis. Wescorp also has been granted the option to participate in all future Ellycrack share issuances thus allowing Wescorp to maintain its ownership percentage in Ellycrack AS.
"Wescorp is very pleased with the new arrangement with Ellycrack regarding the VISCOSITOR," commented Doug Biles, President and CEO of Wescorp Energy. "It is our understanding that the Ellycrack team will quickly begin the continued extensive testing and development of the VISCOSITOR technology. This arrangement also will allow our Wescorp team to become completely focused on the water and solid remediation business opportunities in North America."
"This new agreement is beneficial to both companies," stated Olav Ellingsen, CEO of Ellycrack AS. "Ellycrack's legal ownership and control of the test unit allows us to finance the company so further development and commercialization can occur at a much faster rate. We look forward to having Wescorp as a value-added shareholder as we prove the commercial viability and large scale economic value of the VISCOSITOR."
About Wescorp
Wescorp Energy Inc. (www.wescorpenergy.com) is an oil and gas operations solutions company focused on commercializing technologies that overcome tough operations challenges facing oil and gas operators today. Wescorp combines its intellectual capital, oil and gas industry experience, best practices methodologies and its market offerings to deliver these solutions in a timely, economic and environmentally friendly manner.
Wescorp shares currently trade on the NASD.OTC Bulletin Board under the symbol "WSCE".
About Ellycrack AS
Ellycrack AS is a private company based in Norway. Ellycrack's VISCOSITOR is a patented on-site heavy oil upgrading technology. The VISCOSITOR uses unique dry, low-temperature and low-pressure thermo-mechanical process using pre-heated particles as catalysts.
Website: www.ellycrack.com
Safe Harbor Statement
Any statements contained herein that are not historical facts are forward-looking statements, and involve risks and uncertainties. Potential factors could cause actual results to differ materially from those expressed or implied by such statements. Information on the potential factors that could affect the Company's actual results of operations is included in its filings with the Securities and Exchange Commission. These risks may be further discussed in periodic reports and registration statements to be filed by the Company from time to time with the Securities and Exchange Commission in the future.
For more information contact:
Wescorp Energy Inc.
Investor Relations: Mark Komonoski, Toll-Free 1-877-255-8483, Office Line (403) 255-8483, Mobile (403) 470-8384, mkomonoski@wescorpenergy.com
www.wescorpenergy.com
Renmark Financial Communications Inc.: Jason Roy: jroy@renmarkfinancial.com
Barry Mire: bmire@renmarkfinancial.com, (514) 939-3989, (416) 644-2020
www.renmarkfinancial.com
Source: OilandGasStockNews.com; Wescorp
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Investorideas.com New Water Company Profile Published for Refresh Group Ltd (ASX:RGP.AX)
Investorideas.com New Water Company Profile Published for Refresh Group Ltd (ASX:RGP.AX)
Industry Sector: Water Industry, Bottled Water
Stock Symbol and Exchange: RGP: ASX
Delta B.C., October 5, 2009 - www.InvestorIdeas.com, a leading global investor and industry research portal covering multiple industry sectors announces a new company profile for water company, Refresh Group Ltd (ASX:RGP.AX).
Refresh Group Ltd Company Profile
Sector: Water Industry
Company Website: www.refreshgroup.com.au
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Industry Sector: Water Industry, Bottled Water
Stock Symbol and Exchange: RGP: ASX
Delta B.C., October 5, 2009 - www.InvestorIdeas.com, a leading global investor and industry research portal covering multiple industry sectors announces a new company profile for water company, Refresh Group Ltd (ASX:RGP.AX).
Refresh Group Ltd Company Profile
Sector: Water Industry
Company Website: www.refreshgroup.com.au
Each company profile consists of the company name, logo, contact info , sector, executive summary, products and services summary, key executives, keywords, and if publicly traded- stock symbol and exchange.
Submit company profiles to Investorideas.com: Publish profiles in leading sectors from renewable energy, water, mining and others.
Additional Investor Ideas Private and Public Company Services
News Release Submission - Publish your press releases by industry sector and to RSS news feeds
About InvestorIdeas.com: Investorideas.com creates a meeting place for investing ideas to take form and come to life in an entrepreneurial environment, servicing the needs of small investors and start- up companies to large conglomerates! We cover multiple industry sectors but specialize in environmental and water.
Become an Investorideas.com Member
Investing in Renewable Energy, Environment and Water Stocks
Become an Investorideas.com Member- Gain login access to 8 global stock directories including renewable energy stocks directory, environment stocks, water stocks, fuel cell stocks, biotech stocks, defense stocks, natural gas stocks, oil and gas stocks as well as the Insiders Corner investor newsletter covering insider buying trends on small cap stocks. Join today -
http://www.investorideas.com/membership/
Disclaimer: The following profile is a paid for submission for $99 per profile.
http://www.investorideas.com/Profile/Submission.asp
Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured companies, news submissions, profiles and online advertising. www.InvestorIdeas.com/About/Disclaimer.asp
For Additional Information:
Dawn Van Zant: 800-665-0411 - dvanzant@investorideas.com
Source – Investorideas.com
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