HOUSTON, Sept. 29 /PRNewswire/ -- Planet Resource
Recovery, Inc. (Pink Sheets: PRRY) is pleased to announce that
the company has received the initial results of PetroLuxus™
application to incremental oil recovery over typical waterflood
recoveries. Crude oil interfacial tension was significantly
reduced while incremental recovery above that of waterflood was
encouraging at ~8%.
In April 2010, Planet Resource
Recovery, Inc. retained Core Laboratories, Inc., a leading provider
of proprietary and patented reservoir description, production
enhancement and reservoir management services for the global
petroleum industry, to test the effects of PetroLuxus on waterflood
recovery using a Berea Sandstone core plug and 25 API crude
oil.
The crude oil was exposed to the PetroLuxus-brine solution to
determine the effect on interfacial tension (IFT). The
oil-brine IFT initially measured ~22 dynes/cm and after exposure
dropped to 0.46 dynes/cm. Testing continued by first
saturating the Berea Sandstone core plug to simulate waterflood
reservoir conditions and displaced with brine water to endpoint
saturation. PetroLuxus at 5% by volume was then added to the
brine solution and waterflood displacement continued. An ~8%
additional increase in recovery was realized. It is
anticipated that optimization of the PetroLuxus percentage and an
increase in residence time will demonstrate higher oil
recoveries.
Resulting from initial testing are a number of additional
questions to consider to further our understanding of PetroLuxus
and the promising potential effect on existing waterflood
recoveries. Further Core Lab testing is underway to determine
the many facets of PetroLuxus application to incremental waterflood
oil recovery.
About Planet Resource Recovery, Inc.
Planet Resource Recovery, Inc. is "Spearheading the Charge for
the Maximum Economic Recovery of our Planet's Resources through
New-Age Technology and Products." The company develops,
manufactures, and markets products, processes and technologies
based on scientific research and understanding of silicon and
siloxane sciences to enhance the recovery of the planet's resources
including metals, minerals and hydrocarbons and to provide enhanced
coatings resistant to metal corrosion. Our goal is to create new
methodologies to optimize Oil & Gas production, maximize the
harvesting of base and precious metals, the remediation of toxic
heavy metal environmental contamination and the reduction or
elimination of corrosion of metal through the use of proprietary
with breakthrough technologies utilizing advanced science and
chemistry to increase efficiencies, reduce costs, protect the
environment and resources. Our vision is to develop new chemical
compounds and related processes to maximize efficiencies in the Oil
& Gas Industry, Mining Industry, Environmental Cleanup Industry
and Corrosion Industry through environmentally-friendly,
cost-effective and profitable platforms that are considered
"disruptive technology" and will usher in new paradigm shifts in
industry. Presently, the company is primarily focused on four
distinct markets: 1) Oil & Gas Industry, 2) Remediation of
industry toxic metals & byproducts, 3) Mining of base and
precious metals and 4) Metal Corrosion Industry. The company has
developed the proprietary compounds and is currently developing
their related processes that will result in new technologies and
methodologies for industry. For more information visit:
www.planetresource.net.
About Inspar Robotic Technologies Inc., 42 patents
and counting...
Inspar Robotic Technologies Inc. engineering acumen and
technical expertise drives the company to continually adapt our
technologies to ever-changing customer and project requirements.
This includes providing custom-engineered solutions to a wide array
of global industries and market segments. Inspar's highly efficient
and sophisticated robotic systems have proven extremely effective
in such diverse applications as nuclear, coal-fired, and gas-fired
power plants; chemical and petroleum processing facilities; mining
sites, fossil fuel transmission lines and facilities; and public
entities working on local, state, federal and international levels.
The company is committed to making environmental and safety
concerns an essential element of every project. The use of our
robotic systems and applications virtually eliminate any
requirement for personnel to work in potentially hazardous and
confined spaces. Moreover, our systems facilitate the application
of the industry's most advanced pipeline remediation technologies
and exceptional products utilizing renewable resources and 'green'
technologies. These innovations, combined with Inspar's engineering
expertise and a capable crew of highly skilled alliance partners
means that your project is successfully completed according to
specifications, within an environment where the prevention of both
environmental hazards and the safety of your employees are
paramount. The Inspar's Technical Team, is named inventors on 42
U.S. and foreign patents, and is dedicated to bringing value,
innovation and inspiration to your organization. For more
information visit: http://www.inspar.com/
"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, 2009, the Company's Quarterly
Report for the First quarter ended March 31, 2010. 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:
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Planet Resource Recovery,
Inc.
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Investor Relations:
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Jillian Young,
1-877-878-5333
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jn.young@hotmail.com
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SOURCE Planet Resource Recovery, Inc.
Copyright . 29 PR Newswire