September 20, 2012
Enviro Voraxial Technology, Inc. (OTCOB:EVTN). Fort Lauderdale, announced today that the Company received a purchase order for its high volume Voraxial® 4000 Separator.
The Voraxial® Separator will be installed at a salt water disposal facility to purify the wastewater generated during the hydraulic fracturing of wells in the shale fields of the United States. Fluid streams to be processed include frac water and flowback water. EVTN recently announced receipt of an order for use in another large and related application involving the separation of solids and oil from the wastewater produced in the Canadian tar sands.
The Voraxial® 4000 Separator, processing up to 500 gallons per minute (GPM) will be primarily used to separate both solids and oil from the frac water. Operators and disposal facilities are seeking advanced technologies to reduce the cost and increase the separation efficiency of treating the frac water. EVTN believes that the Voraxial® technology can provide valuable performance solutions that may assist the industry in more efficiently meeting some of the challenges resulting from its rapid growth and success.
"The Voraxial is an easy retrofit to existing salt water disposal installations. The Voraxial increases oil recovery and reduces the filtration cost associated with the processing of the wastewater from oil and gas field operations. The low capital cost and ease of installation results in an immediate positive economic impact for these facilities," said John A. Di Bella, CEO of EVTN.
With the Voraxial® Separator's many unique benefits, including small footprint, low energy requirements, high separation efficiencies and ease of installation and operation, the operators can achieve efficient separation in a very cost-effective manner. Since the Voraxial® doesn't require a pressure drop, it can be easily retrofitted into an existing system. Additionally, the Voraxial® can be supplied within a complete turnkey system to treat a variety of fluid streams to reduce the customers treatment cost and increase the separation efficiency. EVTN continues to pursue the oil & gas industry but is also receiving requests for proposals from other industries such as mining, manufacturing and oil spill industries.
Hydraulic fracturing requires a high quantity of a water and sand mixture to be injected into the formation at high pressure to create small cracks in the rock allowing the gas and oil to flow to the surface. Hydraulic fracturing of a typical deep shale natural gas or oil well may require about four to five million gallons per well.
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ABOUT ENVIRO VORAXIAL TECHNOLOGY
Enviro Voraxial Technology, Inc. (OTCBB "EVTN") is a Fort Lauderdale, Florida based CleanTech company that developed and manufactures the Voraxial® Separator, a highly efficient technology for high volume, bulk separation of fluids such as oil and water.
The Voraxial® Separator, a unique, patented in-line turbo-separator that provides a cost effective method to efficiently separate large volumes of solids and liquids with different specific gravities and without the need of a pressure drop. The Voraxial® provides highly efficient bulk separation while requiring less space, energy and weight than conventional separators processing the same volume. The Voraxial® is capable of simultaneously separating up to three components, such as oil, water and sand. The Voraxial® can be used as a stand-alone separator or incorporated with other equipment to provide a complete turnkey solution that allows customers to treat a variety of fluid streams while reducing treatment cost and increasing separation efficiency.
The separation market encompasses a series of multibillion dollar segments, spread globally across many industries and applications. EVTN continues to pursue the oil & gas industry but is also processing proposals from other industries such as mining, food processing, manufacturing and oil spill industries. EVTN owns significant IP surrounding the Voraxial® and has new innovations under development.
Safe Harbor Disclosure -- This Release contains or incorporates by reference "forward-looking statements," including certain information with respect to plans and strategies of Enviro Voraxial® Technology, Inc. For this purpose, any statements regarding this announcement, which are not purely historical, are forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995, including Enviro Voraxial® Technology, Inc. beliefs, expectations, hopes or intentions regarding the future. All forward-looking statements are made as of the date hereof and based on information available to Enviro Voraxial® Technology, Inc. as of such date. There are a number of important factors that could cause actual events or actual results of Enviro Voraxial® and its subsidiaries to differ materially from those indicated by such forward-looking statements.
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