TSXV:WEE.H - Post by User
Post by
pandaron Jun 29, 2014 3:03am
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Post# 22703744
No WEE News from Oman
No WEE News from Oman"no news sometimes means bad news" ...old punjabi saying.
....shareholders need more information
GLTA
U.S.-based GlassPoint Solar Inc.’s solar-powered enhanced oil recovery technology,
The unit exceeded all the targets set for its first year of operation – while experiencing all kinds of conditions at the site — including above contract energy output and availability, and achieving uptime of 99.8 percent. Zero injuries were also recorded in construction and operation. PDO’s technical director noted that GlassPoint’s technology was the most reliable piece of equipment at the field, John O’Donnell, vice president of business and operations for GlassPoint, told Rigzone in an interview. The corrosive atmosphere and sandstorms in the Middle East present unique challenges for the oilfield environment. These challenges have previously made it difficult for solar energy to play a role in such an environment. “Our goal is to make solar a reliable source in the oilfield,” said O’Donnell. “Because it’s indoors, all that’s exposed is aluminum and tempered glass that is reliable.” GlassPoint was awarded the pilot project for Amal West in August 2011. The company is now substantially expanding its Oman operations, said O’Donnell.