Post by
barneyboy on Nov 14, 2013 11:52am
Positive news release today....
Richard Broderick the new presedent of Fountain Quail (aqe) in thenews release this morning says...
We have entered a highly productive period for frac water reuse and recycling. Oil and gas production companies have been searching for an economic alternative to the status quo of water procurement and disposal. Over the last 9 to 12 months, the economics have begun to shift favorably toward recycling wastewater," stated Mr. Broderick. "At Schlumberger I was able to assess a great number of recycling technologies. I was always particularly impressed with Fountain Quail's evaporator and clarifier technology, which have proven to be a highly effective method for removing contaminants from frac flowback and produced water at or near the well site, enabling a reuse of water that is not only cost efficient, but environmentally preferable. I have never been more eager to head up an effort such as Fountain Quail - long in oil field talent and superlative technology at a time when market trends are decidedly breaking in our favor."
Sure looks like the oil and gas industry is starting to really appreciate AQE's technology!!
Comment by
Inyoureye on Nov 14, 2013 1:35pm
Sure gooing to appreciate the stock I bought in recent weeks with all that is happening and now, this fabulous article from the new president (RB) - look out folks for new activity through FQ and watch for the spring financials for aqe...and then beyond only gets better..