$OOIL ~ OriginOil Takes On Halliburton! >> The
Post# of 88924
The industry focus on water treatment is overdue, said David Burnett in a Pure Stream Technology Report. The professor at Texas A&M University who is an expert in treating water from oil and gas operations states,
"The thing where technology needs to improve is where we are using water. It is the area where companies are laggards," said Burnett. He is on the committee advising the EPA on the environmental impact of hydraulic fracturing on water supplies."
With the announcement of the company's recent findings that OriginOil, Inc.'s (OTCQB:OOIL) EWS technology had shown to be 60% more energy efficient than that of a power house like Halliburton , I had to dive deeper. After looking over the findings, I'm that much more convinced that OriginOil could have great potential within this industry, which is still growing. BCC Research reports the market for equipment to treat wastewater from fracking operations and conventional wells is predicted to grow 9 percent by 2018.
http://seekingalpha.com/instablog/10425141-sm...alliburton