ABILENE, TX / ACCESSWIRE / November 12, 2015 / CoResource Strategies Inc., (OTC PINK: "HTOO"), Is pleased to announce it has entered into a fabrication and services contract with an established Gillette, WY. based fabrication company. "Our 2nd Generation systems are the culmination of countless hours of engineering and operational work in the field and in the laboratory to bring our company from our early jar tests to the exciting and efficient new design we see today," company CEO, Chris Tesarski says. "We are looking forward to watching these new models roll off the assembly line in the next couple of months." The new generation of systems have a patent pending continuous flow design, complete with extensive remote monitoring systems, designed to minimize operational time and create greater chemical pumping efficiency.
HTOO has simultaneously entered into agreements to construct two water treatment sites near Wright, Wyoming and Pecos, Texas. Upon completion of the permitting process, the Wyoming site will be a pilot project for a commercial facility capable of permitted surface discharge and commercial resale of brine and/or fresh water. Our Pecos, Texas site will be set up as a commercial brine station which will have the capability of producing upwards of 1500 (bpd) of clean, weighed brine for use in produced water hydraulic fractures, kill fluid and or completion/rework fluid.
The company's commercial operation near Custer, Montana which currently uses the company's licensed proprietary technology and chemical processes to pump upwards of 1500 barrels per day (bpd) of clean produced water into an ecologically friendly pond system which is monitored by the Montana State DEQ http://bakkenjournal.uberflip.com/i/550751-bakkenjournal-aug-sept15 page 30, 31. Our Denver based client, has just received an extension of their surface discharge permit with the Montana State DEQ until 2020 subject to rigorous monthly testing which we are proud to say we continue to meet and in fact consistently do better than the State requirements. In keeping with our operational success in MT we've scheduled that by Q2 of 2016, depending on activity in the area in and around the new WY site that we will have treatment capability of 5000 bpd and follow a similar ecologically compatible surface discharge model. This is an integral part of developing the company's strategy to, DO ENERGY DIFFERENTLY!
About CoResource Strategies Inc.
CoResource Strategies is dedicated to meeting your produced water solutions. Our Resource Management System, "RMS" is engineered to remove residual oil and solids more efficiently and cost effectively than traditional methods. CoResource Strategies is applying patented proprietary technology and processes to treat produced oilfield waste water into usable, fresh water. Our ground breaking technology is a two part system designed to reduce and reuse our most precious resource, water.
Safe Harbor
Safe Harbor statement under the Private Securities Litigation Reform Act of 1995: Coresource Strategies encourages those interested in our Company to rely only on information included in our filings which can be found at www.otcmarkets.com. Statements released by Coresource Strategies Inc., that are not purely historical are forward-looking within the meaning of the "Safe Harbor" provisions of the Private Securities Litigation Reform Act of 1995, including statements regarding the company's expectations, hopes, intentions, and strategies for the future. Investors are cautioned that forward-looking statements involve risk and uncertainties that may affect the company's business prospects and performance. The company's actual results could differ materially from those in such forward-looking statements. Risk factors include but are not limited to general economic, competitive, governmental, and technological factors. The company does not undertake any responsibility to update the forward-looking statements contained in this release.
CoResource Strategies Inc.
310 N Willis Street Suite 108,
Abilene, Tx 79603
855. 900.7269
Core@CoResourcestrategies.com
SOURCE: CoResource Strategies Inc.