Integrated Environmt (IEVM) 0.0101 $IEVM
Integrated Environmental Technologies, Ltd. Reports First Quarter 2016 Financial Results
PR Newswire - Mon May 16, 3:03PM CDT
Integrated Environmental Technologies, Ltd. (OTC QB: IEVM) ("IET" or the "Company"
, a specialty chemical supplier providing EPA-approved, cost-effective, environmentally friendly cleaning and disinfecting solutions primarily to the oil and gas industry with additional opportunities in healthcare and food production, today reported financial results for its first quarter ended March 31, 2016.
Integrated Environmental Technologies, Ltd. Announces New Proprietary Treatment Protocol That Significantly Increases Production in Oil Wells
PR Newswire - Tue Feb 02, 8:10AM CST
Integrated Environmental Technologies, Ltd. (OTCQB: IEVM) today announced that it has developed a new proprietary well treatment protocol that increases oil production and substantially reduces hydrogen sulfide (HsS), iron sulfide scales (FeS), bacteria and bacterial deposits present in oil wells. The protocol consists of a dual treatment regimen that utilizes the Company's proprietary Excelyte® and Catholyte Zero(TM) solutions. Initial tests were performed in the West Texas Region of the Permian Basin on five stripper wells, which are typically defined as oil wells producing ten barrels of oil per day or less. The results showed that this new proprietary dual treatment substantially reduced hydrogen sulfide and bacteria and their deposits present in the five wells and increased the production volumes of the wells by approximately 75% after one month of treatment. The Company believes that this new dual treatment provides operators of stripper wells with an important tool to substantially increase production and profitability of these wells. The additional revenue that a producer can generate from its wells following our dual treatment protocol is of particular importance in this current low oil price environment where operators are forced to consider shutting in their wells due to economic considerations. The Company believes that there are over 400,000 stripper wells in the United States that could benefit from the dual treatment with approximately 140,000 of these wells in Texas alone. In addition, the Company believes that its novel dual treatment regimen can be adapted to treat and clean oil and gas pipelines more safely than other chemical treatments. The Company is in the process of pursuing patent protection on its new dual treatment protocol.
Integrated Environmental Technologies, Ltd. Announces 571% Growth In Oil Wells Treated With Excelyte® In 2015
PR Newswire - Tue Jan 26, 8:34AM CST
Integrated Environmental Technologies, Ltd. (OTCQB: IEVM) today announced that as of December 31, 2015, the Company had provided Excelyte® well maintenance treatments on 235 wells, an increase of 200 wells, or 571%, since December 31, 2014. The Company performed 1,447 Excelyte® well maintenance treatments during the year ended December 31, 2015, generating $458,000 in revenue, an increase of $399,000, or 677%, from the amount of revenue generated during the year ended December 31, 2014. The Company currently is providing Excelyte® well maintenance treatments from three depots located in the Uinta Basin in Utah, the New Mexico region of the Permian Basin and the West Texas region of the Permian Basin. In response to demand from new and existing customers, the Company has hired the personnel necessary to operate its fourth facility located in the Western Gulf Basin in South Texas and expects Excelyte® well maintenance treatments to commence at that production facility by the middle of February 2016.
Integrated Environmental Technologies, Ltd. Receives EPA Approval to add Norovirus to Master Label for Excelyte®
PR Newswire - Thu Dec 17, 1:19PM CST
Integrated Environmental Technologies, Ltd. (OTCQB: IEVM) today announced that the U.S. Environmental Protection Agency approved an amendment to the Company's master label for its Excelyte® disinfecting solution. The Company's new EPA-approved label incorporates kill claims for adenovirus, norovirus, rhinovirus and rotavirus, which are considered non-enveloped viruses. These viruses have resulted in serious problems for chain restaurants, cruise ships, and other establishments operating in the food, health or hospitality industries.
Integrated Environmental Technologies, Ltd. Announces Oil and Gas Results for Third Quarter 2015
PR Newswire - Wed Nov 18, 8:47AM CST
Integrated Environmental Technologies, Ltd. (OTCQB: IEVM) today announced that as of the end of the third quarter 2015, it was providing Excelyte® well maintenance treatments on 198 oil wells. This represents an increase of 14 oil wells, or 8%, over the number of wells under treatment in the second quarter 2015 and an increase of 163 wells, or 466%, over the number of wells being treated at December 31, 2014. The Company performed 367 Excelyte® well maintenance treatments in each of the second and third quarter 2015 and 1,076 treatments during the nine months ended September 30, 2015.
Integrated Environmental Technologies, Ltd. Expands Operations Into West Texas
PR Newswire - Thu Oct 08, 9:17AM CDT
Integrated Environmental Technologies, Ltd. (OTCBB: IEVM) today announced that it has commenced operations at its production facility located in Pecos, Texas, which is the first production facility that the Company has opened in the Texas region of the Permian Basin. The Company has secured its first three customers for this facility, and is currently providing Excelyte® well maintenance treatments from this facility on 25 oil wells. The Company estimates that there are approximately 64,000 existing oil producing wells in West Texas that could benefit from Excelyte® well maintenance treatments.
Integrated Environmental Technologies, Ltd. Expands Supply Relationship With EP Energy Corporation
PR Newswire - Wed Aug 19, 1:42PM CDT
Integrated Environmental Technologies, Ltd. (OTCBB: IEVM) today announced that it has entered into a master service agreement with EP Energy Corporation ("EP", a Fortune 2000 independent exploration and production company based in Houston, Texas, to provide Excelyte® well maintenance treatments on EP's oil and gas wells in the United States. This was the culmination of a six-month Excelyte® testing and evaluation process conducted by EP in which Excelyte® well maintenance treatments were performed on four EP test wells in the Uinta Basin, with the results being compared to other competitive products. These results showed that Excelyte® was an effective biocide and hydrogen sulfide eliminator and was more cost effective than competing products.
Integrated Environmental Technologies, Ltd. Announces Growth of 69% in Oil Wells Treated With Excelyte for Second Quarter 2015
PR Newswire - Mon Aug 03, 7:30AM CDT
Integrated Environmental Technologies, Ltd. (OTCBB: IEVM) today announced that as of the end of the second quarter 2015, it was providing Excelyte® well maintenance treatments on 179 oil wells. This represents an increase of 73 oil wells, or 69%, over the first quarter 2015 and an increase of 148 wells, or 477%, for the six months ended June 30, 2015.
Integrated Environmental Technologies, Ltd. Hires Vice President To Manage Oil And Gas Division
PR Newswire - Tue Jul 21, 1:02PM CDT
Integrated Environmental Technologies, Ltd. (OTCBB: IEVM) today announced that it has hired Chad L. Crady to serve as its Vice President of Sales and Operations for the company's Oil and Gas Division. Mr. Crady has more than ten years of experience in managing sales and operations of oilfield service companies, including those servicing the Permian and Western Gulf Basins of Texas, which are two areas the company is currently developing.
Integrated Environmental Technologies, Ltd. Increases Well Count To 174 Wells Treated With Excelyte®
PR Newswire - Mon May 11, 3:34PM CDT
Integrated Environmental Technologies, Ltd. (OTCBB: IEVM) today announced that it is currently providing Excelyte® well maintenance treatments on 174 oil wells to four customers in the Uinta Basin in Utah and in the Permian Basin in New Mexico. The Company has commenced Excelyte well maintenance treatments on 33 new oil wells, a 23% increase since it last provided an update on its oil and gas operations on April 16, 2015, and 68 new wells (a 64% increase) since the Company provided an update on its oil and gas operations on March 5, 2015. The Company estimates that there are approximately 5,000 oil producing wells in the Uinta Basin and approximately 25,000 oil producing wells in the New Mexico region of the Permian Basin that could benefit from Excelyte maintenance treatments.
Integrated Environmental Technologies, Ltd. Increases Well Count To 141 Wells Serviced With Excelyte
PR Newswire - Thu Apr 16, 3:05PM CDT
Integrated Environmental Technologies, Ltd. (OTCBB: IEVM) today announced that it is currently providing Excelyte® well maintenance treatments on 141 oil wells. The oil wells being treated are located in the Uinta Basin in Utah and in the Permian Basin in New Mexico. The Company has commenced Excelyte well maintenance treatments on approximately 35 new oil wells since it last provided an update on its oil and gas operations on March 5, 2015.
Integrated Environmental Technologies concludes USD2m financing
M2 - Mon Feb 16, 6:10AM CST
Integrated Environmental Technologies (Other OTC:IEVM), a provider of disinfecting solutions, said on Friday that it has raised USD1.96m in financing through the sale of its common stock.
Integrated Environmental Technologies, Ltd. Closes On Nearly $2 Million Funding
PR Newswire - Fri Feb 13, 11:42AM CST
Integrated Environmental Technologies, Ltd. (OTCBB: IEVM) today announced that it closed on a $1,960,000 financing through the sale of its common stock. The company will use the proceeds from this financing to continue its expansion of its oil and gas operations in the Uinta Basin in Utah and the Permian Basin in New Mexico and it expects to add an additional production facility in the Permian Basin in Texas.
Integrated Environmental Technologies, Ltd. Expands Well Maintenance Treatments
PR Newswire - Mon Feb 02, 10:49AM CST
Integrated Environmental Technologies, Ltd. (OTCBB: IEVM) today announced that it is providing Excelyte well maintenance treatments on approximately sixty oil wells in the Uinta Basin in Utah and twenty oil wells in the Permian Basin in New Mexico. The growth in Utah represents an increase of approximately 200% from the twenty oil wells that the Company was treating at the end of November 2014. The results in New Mexico constitute an increase of approximately 400% over the four oil wells that the Company was treating when it commenced operations in this area at the end of November 2014. Based on our current pricing and historical volume requirements, the Company estimates that these 80 wells could generate approximately $510,000 of revenue over the next twelve months. The Company currently is also in discussions with four new customers in the Uinta Basin and three new customers in the Permian Basin regarding the commencement of Excelyte well maintenance treatments.
Integrated Environmental Technologies, Ltd. Expands Board Of Directors
PR Newswire - Wed Dec 17, 10:40AM CST
Integrated Environmental Technologies, Ltd. (OTCBB: IEVM) today announced that it has added three new members to its board of directors to assist the Company in its continued strategic and corporate development. Each of these individuals has significant experience in working with publicly-traded and growth-stage companies. The new additions to the board are Michael D. Donnell, Paul S. Clayson and Anthony Giordano, III.
Integrated Environmental Technologies, Ltd. Expands Operations To Northwestern Permian Basin
PR Newswire - Thu Nov 20, 8:25AM CST
Integrated Environmental Technologies, Ltd. (OTCBB: IEVM) today announced that it has established a production facility in Artesia, New Mexico and has provided Excelyte(TM) well maintenance treatments on four oil wells for a new customer in the northwestern area of the Permian Basin. This customer has approximately 800 oil producing wells that the Company has targeted for Excelyte well maintenance treatments over the next twelve months. The Company believes that there are approximately 25,000 oil producing wells in the northwestern portion of the Permian Basin that could benefit from Excelyte well maintenance treatments.
Integrated Environmental Technologies, Ltd. Provides Review Of 2014 Corporate Activities
PR Newswire - Thu Oct 09, 12:05PM CDT
Integrated Environmental Technologies, Ltd. (OTCBB: IEVM), announced today that it posted a letter from David R. LaVance, the company's President and Chief Executive Officer, on its website, www.ecotreatments.com. This letter provides an overview of IET's 2014 corporate activities and achievements to date as well as an update on the IET's business strategy. The letter is set forth below:
Integrated Environmental Technologies, Ltd. Reports First Quarter 2016 Financial Results
PR Newswire - Mon May 16, 3:03PM CDT
Integrated Environmental Technologies, Ltd. (OTC QB: IEVM) ("IET" or the "Company"
, a specialty chemical supplier providing EPA-approved, cost-effective, environmentally friendly cleaning and disinfecting solutions primarily to the oil and gas industry with additional opportunities in healthcare and food production, today reported financial results for its first quarter ended March 31, 2016. Integrated Environmental Technologies, Ltd. Announces New Proprietary Treatment Protocol That Significantly Increases Production in Oil Wells
PR Newswire - Tue Feb 02, 8:10AM CST
Integrated Environmental Technologies, Ltd. (OTCQB: IEVM) today announced that it has developed a new proprietary well treatment protocol that increases oil production and substantially reduces hydrogen sulfide (HsS), iron sulfide scales (FeS), bacteria and bacterial deposits present in oil wells. The protocol consists of a dual treatment regimen that utilizes the Company's proprietary Excelyte® and Catholyte Zero(TM) solutions. Initial tests were performed in the West Texas Region of the Permian Basin on five stripper wells, which are typically defined as oil wells producing ten barrels of oil per day or less. The results showed that this new proprietary dual treatment substantially reduced hydrogen sulfide and bacteria and their deposits present in the five wells and increased the production volumes of the wells by approximately 75% after one month of treatment. The Company believes that this new dual treatment provides operators of stripper wells with an important tool to substantially increase production and profitability of these wells. The additional revenue that a producer can generate from its wells following our dual treatment protocol is of particular importance in this current low oil price environment where operators are forced to consider shutting in their wells due to economic considerations. The Company believes that there are over 400,000 stripper wells in the United States that could benefit from the dual treatment with approximately 140,000 of these wells in Texas alone. In addition, the Company believes that its novel dual treatment regimen can be adapted to treat and clean oil and gas pipelines more safely than other chemical treatments. The Company is in the process of pursuing patent protection on its new dual treatment protocol.
Integrated Environmental Technologies, Ltd. Announces 571% Growth In Oil Wells Treated With Excelyte® In 2015
PR Newswire - Tue Jan 26, 8:34AM CST
Integrated Environmental Technologies, Ltd. (OTCQB: IEVM) today announced that as of December 31, 2015, the Company had provided Excelyte® well maintenance treatments on 235 wells, an increase of 200 wells, or 571%, since December 31, 2014. The Company performed 1,447 Excelyte® well maintenance treatments during the year ended December 31, 2015, generating $458,000 in revenue, an increase of $399,000, or 677%, from the amount of revenue generated during the year ended December 31, 2014. The Company currently is providing Excelyte® well maintenance treatments from three depots located in the Uinta Basin in Utah, the New Mexico region of the Permian Basin and the West Texas region of the Permian Basin. In response to demand from new and existing customers, the Company has hired the personnel necessary to operate its fourth facility located in the Western Gulf Basin in South Texas and expects Excelyte® well maintenance treatments to commence at that production facility by the middle of February 2016.
Integrated Environmental Technologies, Ltd. Receives EPA Approval to add Norovirus to Master Label for Excelyte®
PR Newswire - Thu Dec 17, 1:19PM CST
Integrated Environmental Technologies, Ltd. (OTCQB: IEVM) today announced that the U.S. Environmental Protection Agency approved an amendment to the Company's master label for its Excelyte® disinfecting solution. The Company's new EPA-approved label incorporates kill claims for adenovirus, norovirus, rhinovirus and rotavirus, which are considered non-enveloped viruses. These viruses have resulted in serious problems for chain restaurants, cruise ships, and other establishments operating in the food, health or hospitality industries.
Integrated Environmental Technologies, Ltd. Announces Oil and Gas Results for Third Quarter 2015
PR Newswire - Wed Nov 18, 8:47AM CST
Integrated Environmental Technologies, Ltd. (OTCQB: IEVM) today announced that as of the end of the third quarter 2015, it was providing Excelyte® well maintenance treatments on 198 oil wells. This represents an increase of 14 oil wells, or 8%, over the number of wells under treatment in the second quarter 2015 and an increase of 163 wells, or 466%, over the number of wells being treated at December 31, 2014. The Company performed 367 Excelyte® well maintenance treatments in each of the second and third quarter 2015 and 1,076 treatments during the nine months ended September 30, 2015.
Integrated Environmental Technologies, Ltd. Expands Operations Into West Texas
PR Newswire - Thu Oct 08, 9:17AM CDT
Integrated Environmental Technologies, Ltd. (OTCBB: IEVM) today announced that it has commenced operations at its production facility located in Pecos, Texas, which is the first production facility that the Company has opened in the Texas region of the Permian Basin. The Company has secured its first three customers for this facility, and is currently providing Excelyte® well maintenance treatments from this facility on 25 oil wells. The Company estimates that there are approximately 64,000 existing oil producing wells in West Texas that could benefit from Excelyte® well maintenance treatments.
Integrated Environmental Technologies, Ltd. Expands Supply Relationship With EP Energy Corporation
PR Newswire - Wed Aug 19, 1:42PM CDT
Integrated Environmental Technologies, Ltd. (OTCBB: IEVM) today announced that it has entered into a master service agreement with EP Energy Corporation ("EP"
, a Fortune 2000 independent exploration and production company based in Houston, Texas, to provide Excelyte® well maintenance treatments on EP's oil and gas wells in the United States. This was the culmination of a six-month Excelyte® testing and evaluation process conducted by EP in which Excelyte® well maintenance treatments were performed on four EP test wells in the Uinta Basin, with the results being compared to other competitive products. These results showed that Excelyte® was an effective biocide and hydrogen sulfide eliminator and was more cost effective than competing products. Integrated Environmental Technologies, Ltd. Announces Growth of 69% in Oil Wells Treated With Excelyte for Second Quarter 2015
PR Newswire - Mon Aug 03, 7:30AM CDT
Integrated Environmental Technologies, Ltd. (OTCBB: IEVM) today announced that as of the end of the second quarter 2015, it was providing Excelyte® well maintenance treatments on 179 oil wells. This represents an increase of 73 oil wells, or 69%, over the first quarter 2015 and an increase of 148 wells, or 477%, for the six months ended June 30, 2015.
Integrated Environmental Technologies, Ltd. Hires Vice President To Manage Oil And Gas Division
PR Newswire - Tue Jul 21, 1:02PM CDT
Integrated Environmental Technologies, Ltd. (OTCBB: IEVM) today announced that it has hired Chad L. Crady to serve as its Vice President of Sales and Operations for the company's Oil and Gas Division. Mr. Crady has more than ten years of experience in managing sales and operations of oilfield service companies, including those servicing the Permian and Western Gulf Basins of Texas, which are two areas the company is currently developing.
Integrated Environmental Technologies, Ltd. Increases Well Count To 174 Wells Treated With Excelyte®
PR Newswire - Mon May 11, 3:34PM CDT
Integrated Environmental Technologies, Ltd. (OTCBB: IEVM) today announced that it is currently providing Excelyte® well maintenance treatments on 174 oil wells to four customers in the Uinta Basin in Utah and in the Permian Basin in New Mexico. The Company has commenced Excelyte well maintenance treatments on 33 new oil wells, a 23% increase since it last provided an update on its oil and gas operations on April 16, 2015, and 68 new wells (a 64% increase) since the Company provided an update on its oil and gas operations on March 5, 2015. The Company estimates that there are approximately 5,000 oil producing wells in the Uinta Basin and approximately 25,000 oil producing wells in the New Mexico region of the Permian Basin that could benefit from Excelyte maintenance treatments.
Integrated Environmental Technologies, Ltd. Increases Well Count To 141 Wells Serviced With Excelyte
PR Newswire - Thu Apr 16, 3:05PM CDT
Integrated Environmental Technologies, Ltd. (OTCBB: IEVM) today announced that it is currently providing Excelyte® well maintenance treatments on 141 oil wells. The oil wells being treated are located in the Uinta Basin in Utah and in the Permian Basin in New Mexico. The Company has commenced Excelyte well maintenance treatments on approximately 35 new oil wells since it last provided an update on its oil and gas operations on March 5, 2015.
Integrated Environmental Technologies concludes USD2m financing
M2 - Mon Feb 16, 6:10AM CST
Integrated Environmental Technologies (Other OTC:IEVM), a provider of disinfecting solutions, said on Friday that it has raised USD1.96m in financing through the sale of its common stock.
Integrated Environmental Technologies, Ltd. Closes On Nearly $2 Million Funding
PR Newswire - Fri Feb 13, 11:42AM CST
Integrated Environmental Technologies, Ltd. (OTCBB: IEVM) today announced that it closed on a $1,960,000 financing through the sale of its common stock. The company will use the proceeds from this financing to continue its expansion of its oil and gas operations in the Uinta Basin in Utah and the Permian Basin in New Mexico and it expects to add an additional production facility in the Permian Basin in Texas.
Integrated Environmental Technologies, Ltd. Expands Well Maintenance Treatments
PR Newswire - Mon Feb 02, 10:49AM CST
Integrated Environmental Technologies, Ltd. (OTCBB: IEVM) today announced that it is providing Excelyte well maintenance treatments on approximately sixty oil wells in the Uinta Basin in Utah and twenty oil wells in the Permian Basin in New Mexico. The growth in Utah represents an increase of approximately 200% from the twenty oil wells that the Company was treating at the end of November 2014. The results in New Mexico constitute an increase of approximately 400% over the four oil wells that the Company was treating when it commenced operations in this area at the end of November 2014. Based on our current pricing and historical volume requirements, the Company estimates that these 80 wells could generate approximately $510,000 of revenue over the next twelve months. The Company currently is also in discussions with four new customers in the Uinta Basin and three new customers in the Permian Basin regarding the commencement of Excelyte well maintenance treatments.
Integrated Environmental Technologies, Ltd. Expands Board Of Directors
PR Newswire - Wed Dec 17, 10:40AM CST
Integrated Environmental Technologies, Ltd. (OTCBB: IEVM) today announced that it has added three new members to its board of directors to assist the Company in its continued strategic and corporate development. Each of these individuals has significant experience in working with publicly-traded and growth-stage companies. The new additions to the board are Michael D. Donnell, Paul S. Clayson and Anthony Giordano, III.
Integrated Environmental Technologies, Ltd. Expands Operations To Northwestern Permian Basin
PR Newswire - Thu Nov 20, 8:25AM CST
Integrated Environmental Technologies, Ltd. (OTCBB: IEVM) today announced that it has established a production facility in Artesia, New Mexico and has provided Excelyte(TM) well maintenance treatments on four oil wells for a new customer in the northwestern area of the Permian Basin. This customer has approximately 800 oil producing wells that the Company has targeted for Excelyte well maintenance treatments over the next twelve months. The Company believes that there are approximately 25,000 oil producing wells in the northwestern portion of the Permian Basin that could benefit from Excelyte well maintenance treatments.
Integrated Environmental Technologies, Ltd. Provides Review Of 2014 Corporate Activities
PR Newswire - Thu Oct 09, 12:05PM CDT
Integrated Environmental Technologies, Ltd. (OTCBB: IEVM), announced today that it posted a letter from David R. LaVance, the company's President and Chief Executive Officer, on its website, www.ecotreatments.com. This letter provides an overview of IET's 2014 corporate activities and achievements to date as well as an update on the IET's business strategy. The letter is set forth below:
