CETI - Cyber Enviro-Tech Inc Announces the Launch of its New Sludge Recovery Technology to Treat Hazmat Disposal of Oil/Gas Wastewater
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McapMediaWire --Cyber Enviro-Tech, Inc. (OTC: CETI ), an environmentally-focusedwater science technology company, announces the launch of itsinnovative Sludge Recovery Technology (“SRT”) designed to recycleand repurpose contaminated oil production and fracking wastewater.Currently, this water is disposed of in Saltwater Disposal wells or(“SWD’s”) which have recently been shown to cause earthquakesand other environmental hazards.
An SWD is a type of well used in the oil & gasindustry to dispose of naturally produced water – a byproduct of oil& gas production that contains high levels of brine, radioactivematerials and HazMat sludge. The water is too salty and contaminatedto be used or discharged on the ground or into nearby waterways, so itis injected deep into the ground. According to the Texas RailroadCommission, there are currently 52,000 permitted disposal wells in thestate of Texas. The Water Development Board estimated 184 billiongallons of oilfield wastewater was disposed of through SWD’s inTexas in 2020. In other words, that’s enough water to fill theDallas Cowboy Stadium 175 times.
CETI has conducted testing, for the last 90 days,with multiple SWD’s in several states to prove its oil productionwater and waste management remediation capabilities and the costsavings it will provide to SWD’s. Several contracts with SWD’s todecontaminate hazardous waste water and NORM (naturally occurringradioactive material) are expected by the 2 nd quarter.CETI’s recycling or repurposing of clean water is suitable for cropirrigation, livestock breeding, potable water for surroundingcommunities, or reuse for fracking and other industrial applicationsrather than getting pumped back in the ground. “Cleaning andrepurposing contaminated oil production wastewater would make asignificant environmental impact for the state of Texas which has beendrought stricken for years”, said TJ Agardy, (co-Founder, Presidentand CTO).
CETIhas run preliminary tests for potable water on its Pilot oil field inWest Texas. Given the results so far, patents are planned to be filedshortly after final testing is completed for both SRT and theconversion of oil production wastewater to potable water.
ABOUT CYBERENVIRO-TECH, INC.: CETI is an environmentally driven aggregator ofWater Science Technologies to make water usage & consumptionsafer, more efficient, and less expensive. Our initial emphasis is onthe oil and gas industry. The Company can remediate a wide range ofwater contamination issues generated by the production of oil &gas. The Company also employs innovative, proprietary equipment andprocesses for increased oil production. We do this by applying4 th Industrial Revolution technologies to greatly simplifythe mechanics of oil extraction while radically reducing labor, andwater truck usage, optimizing oil recovery, plus the ability tomonitor activity with instant data and metrics.
FORWARD-LOOKINGSTATEMENTS
Any statements contained in this press release that do notdescribe historical facts constitute forward-looking statements.Forward-looking statements may include, without limitation, financialprojections, statements regarding the plans and objectives ofmanagement for current and future operations, the development,regulatory approvals and commercialization of the Company'sproducts, or any of the Company's proposed services, systems,services, licensing arrangements, joint ventures, partnerships oracquisitions. Such forward-looking statements are not meant to predictor guarantee actual results and performance and actual events orresults may differ considerably. Factors that may cause actual resultsto differ materially from any projections may include, withoutlimitation, delays in the Company's development of its productsand services, the inability to obtain additional financing, the impactof significant new or changing government regulation on the industry,existing or increased competition, results of arbitration andlitigation, stock volatility and illiquidity, and the Company'sgeneral failure to effectively implement the Company's businessplans or strategies. The Company assumes no obligation to update anyforward-looking statements to reflect any change in events orcircumstances that may arise after the date of this release.
CONTACT:
Winston McKellar,
Dir of IR/PR
Cyber Enviro-Tech,Inc.
6991 E.Camelback Rd., Suite D-300
Scottsdale, AZ 85231
866.896.6856
Email: info@cyberenviro.tech
ContactDetails
Cyber Enviro-Tech, Inc.
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