GEN 2 Lands in LA
From: Riggs Eckelberry
Los Angeles, August 4, 2014
Last week I told you about our GEN 2 technology, which could clean more than 10,000 barrels of oil- and chemical-laden frack water each day.
That’s nearly half a million gallons of oily, dirty water every single day.
It’s what the oil industry wants to see, and it will all fit into a 40-foot container.
Last Friday, the double-length GEN 2 module arrived from our partner ISI in Colorado.
You can see here how two of these modules will sit side by side in a large container and still leave room for machinery and personnel.
And there you have it, up to a half million gallons of water treated every single day.
The rollout team
Meet the team that will roll out this technology commercially.
Andrew Davies conducts the orchestra of parts streaming in from various custom fabrication sites. He will deliver a working prototype on schedule.
- Bill Charneski, right, is the President of OriginOil Oil and Gas.
He is our “man on the spot” with the petroleum industry.
- Jean-Louis Kindler, left, handles our petroleum business in Asia.
And he is responsible for the rest of our blue-tech business worldwide!
Get used to this new term.
Blue-Tech is a half-trillion dollar industry – and growing; and OriginOil is right at the center of it with a critical, technology for cleaning and reuse.
As Delta’s Sky Magazine put it in its July issue,
As the world’s population balloons — putting more stress on an already shrinking (and often polluted) fresh H2O supply — water dependent businesses of all stripes are turning to cutting-edge products from “blue-tech companies” worldwide.
Some analysts, including Global Water Intelligence, value this market at nearly $500 billion and growing.
Fresh water might not be the new oil, as T. Boone Pickens once argued, but it’s equally in demand and starting a boom of its own.
A frack water discussion in Aspen
Speaking of Mr. Pickens, you know I’m joining him for an armchair conversation on the 12th in Aspen.
Use this discount code to join me at the conference: SB2014. (Just go to this page and use this code as your password.) It’s more than 40% off.
See you there! (For those who can’t join, we expect full video coverage… But you knew that, right?)
Have a great week.
Riggs and Team
President & CEO
OriginOil, Inc. (OOIL)
Safe Harbor Statement:
Matters discussed in this update contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this update, the words "anticipate," "believe," "estimate," "may," "intend," "expect" and similar expressions identify such forward-looking statements. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein, and while expected, there is no guarantee that we will attain the aforementioned anticipated developmental milestones. These forward-looking statements are based largely on the expectations of the Company and are subject to a number of risks and uncertainties. These include, but are not limited to, risks and uncertainties associated with: the impact of economic, competitive and other factors affecting the Company and its operations, markets, product, and distributor performance, the impact on the national and local economies resulting from terrorist actions, and U.S. actions subsequently; and other factors detailed in reports filed by the Company.