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Canadian Oil Recovery & Remediation Enterprises Ltd V.CVR.H

Canadian Oil Recovery & Remediation Enterprises Ltd. is a Canada-based company, which provides full cycle oil waste management solutions to the petroleum industry. The company’s operating lines include remediating oil-contaminated soil; treating sludge, oil-based muds and drilling waste; oil recovery; industrial waste management; oil storage tank cleaning; oil and gas engineering, and project management. Soil remediation, sludge treatment and oil recovery are provided by Company through its Advanced Recovery Equipment Systems (ARES), which consists of two soil washing plants known as ARES I and ARES II. The Company’s primary customers are in the upstream petroleum sector (oil production and drilling companies) and downstream petroleum sector (oil refinery, transportation and distribution companies). The Company has three wholly owned subsidiaries, CORRE Inc., BDE Properties Inc. and Mentra Life Sciences Inc., which are located in Toronto, Ontario.


TSXV:CVR.H - Post by User

Post by Ethanbrodie123on Apr 05, 2016 6:47pm
110 Views
Post# 24734329

news

newsThis is encouraging news but this is still a show me story.. you have to wonder why sar basically did not want to be partners with corre for the long haul as they probably seen them doing all of the "work" anyway.. Also, now Sar has all of their proprietary tech and processes as well so we will be competing with them who already have a contract and we have a small royalty from that.. I don't think that quite pays all the bills.. I wonder if there is a financing coming along soon..?? 
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