News - ETH SalePetrostar sells two electric tank heaters for $30,000
2010-10-08 23:41 ET - News Release
Mr. Bruce Scafe reports
PETROSTAR BOOKS FIRST ELECTRIC TANK HEATER SALE
Petrostar Petroleum Corp. has made the first commercial sale of its electric tank heater (ETH) technology.
SR Rentals of Elk Point, Alta., has agreed to purchase two ETH units tobe delivered immediately. These units will generally be used in SR'stank rental business and specifically used to heat drilling fluid tankson drill rigs during the winter season. As reported in an earlier newsrelease, the purchase of these heaters validates the success of the testthat was conducted last winter on an active rig. Petrostar's managementbelieves that this is an important first sale and will trigger manyfuture sales. Even though this sale is small, it is significant in thatit proves Petrostar's heater technology works and is reliable under ademanding situation. As these heaters begin to roll out, the industrywill see that there is a safer, more reliable, more environmentallyfriendly and more cost-effective way to heat all manner of tanks usedfor different applications. The tank heater is not limited to the oiland gas industry. Any industry that requires heated fluid can use thetechnology. For example, waste management, drill rigs, above-ground oiltanks and above-ground water tanks.