Blue Water Petroleum (BWPC) 0.0270 $BWPC
Blue Water Petroleum Corp. to Expand Its Microwave Technology Verticals
Marketwired - Fri Jul 17, 8:01AM CDT
Blue Water Petroleum Corp. (OTCQB: BWPC) is developing uses of microwave technologies for other environmentally beneficial purposes to compliment its sludge remediation treatment. Microwave technology is capable of converting used cooking oil into bio-diesel and other products. The EPA estimates that the USA generates over 3 billion gallons of used cooking oil per year. http://www.epa.gov/region9/waste/biodiesel/qu...ml#howmuch
Blue Water Petroleum Corp. Enters the US Oil Sludge Remediation Market
Marketwired - Mon Jul 13, 8:02AM CDT
Blue Water Petroleum Corp. (OTCQB: BWPC) announces that it will be entering the multi-million dollar oil sludge remediation market in the USA with its patented VEP microwave treatment technology. The Environmental Protection Agency (www.epa.gov) has estimated that 5,000,000 cu.ft of oil sludge is generated every year by crude oil production, and that there are millions of barrels of accumulated oil sludge existing in tanks and storage facilities. In a 2002 report, the American Petroleum Institute (API) estimated that there was 20.6 million barrels of oil production waste from E&P operations generated annually. Additionally, it is estimated that each oil refinery generates 30,000 tons of oil sludge annually. Oil sludge is a byproduct generated with production of heavy crude oil with a gravity less than 20 API, and laden with contaminants such as asphalt and paraffin. More information can be found at http://www.epa.gov/HPV/pubs/summaries/recpethy/c14755ca1.pdf.
Blue Water Petroleum reports launch of Letter of Intent with Viscos Energy Partners
M2 - Fri Jun 26, 9:21AM CDT
Oilfield technologies company Blue Water Petroleum (OTCBB:BWPC) reported on Thursday a Letter of Intent with Viscos Energy Partners (VEP) to form a joint venture company, called STO (Sludge to Oil), to operate VEP's patented mobile microwave system for the remediation and upgrading of crude oil sludge's in the USA.
Blue Water Petroleum Corp. : Signs Letter of Intent with European Company Viscos Energy Partners
GlobeNewswire - Thu Jun 25, 12:47PM CDT
Blue Water Petroleum Corp. (BWPC) has signed a Letter of Intent with European company Viscos Energy Partners (VEP) to form a joint venture company called STO (Sludge to Oil) to operate VEP's patented mobile microwave system for the remediation and upgrading of crude oil sludge's in the USA. VEP will contribute new patents and licenses to BWPC contingent upon BWPC providing an initial funding of up to $2 million for the new entity, STO. STO will be owned 50-50 by BWPC and BWPC will recoup the initial funding from future revenues of STO. VEP will provide microwave equipment, training, field support and maintenance while BWPC will establish field operations starting in the Rocky Mountain region. VEP's microwave treatment liquefies, separates and upgrades crude oil sludges and creates a marketable product while substantially reducing hazardous environmental waste.
Blue Water Petroleum Corp. to Expand Its Microwave Technology Verticals
Marketwired - Fri Jul 17, 8:01AM CDT
Blue Water Petroleum Corp. (OTCQB: BWPC) is developing uses of microwave technologies for other environmentally beneficial purposes to compliment its sludge remediation treatment. Microwave technology is capable of converting used cooking oil into bio-diesel and other products. The EPA estimates that the USA generates over 3 billion gallons of used cooking oil per year. http://www.epa.gov/region9/waste/biodiesel/qu...ml#howmuch
Blue Water Petroleum Corp. Enters the US Oil Sludge Remediation Market
Marketwired - Mon Jul 13, 8:02AM CDT
Blue Water Petroleum Corp. (OTCQB: BWPC) announces that it will be entering the multi-million dollar oil sludge remediation market in the USA with its patented VEP microwave treatment technology. The Environmental Protection Agency (www.epa.gov) has estimated that 5,000,000 cu.ft of oil sludge is generated every year by crude oil production, and that there are millions of barrels of accumulated oil sludge existing in tanks and storage facilities. In a 2002 report, the American Petroleum Institute (API) estimated that there was 20.6 million barrels of oil production waste from E&P operations generated annually. Additionally, it is estimated that each oil refinery generates 30,000 tons of oil sludge annually. Oil sludge is a byproduct generated with production of heavy crude oil with a gravity less than 20 API, and laden with contaminants such as asphalt and paraffin. More information can be found at http://www.epa.gov/HPV/pubs/summaries/recpethy/c14755ca1.pdf.
Blue Water Petroleum reports launch of Letter of Intent with Viscos Energy Partners
M2 - Fri Jun 26, 9:21AM CDT
Oilfield technologies company Blue Water Petroleum (OTCBB:BWPC) reported on Thursday a Letter of Intent with Viscos Energy Partners (VEP) to form a joint venture company, called STO (Sludge to Oil), to operate VEP's patented mobile microwave system for the remediation and upgrading of crude oil sludge's in the USA.
Blue Water Petroleum Corp. : Signs Letter of Intent with European Company Viscos Energy Partners
GlobeNewswire - Thu Jun 25, 12:47PM CDT
Blue Water Petroleum Corp. (BWPC) has signed a Letter of Intent with European company Viscos Energy Partners (VEP) to form a joint venture company called STO (Sludge to Oil) to operate VEP's patented mobile microwave system for the remediation and upgrading of crude oil sludge's in the USA. VEP will contribute new patents and licenses to BWPC contingent upon BWPC providing an initial funding of up to $2 million for the new entity, STO. STO will be owned 50-50 by BWPC and BWPC will recoup the initial funding from future revenues of STO. VEP will provide microwave equipment, training, field support and maintenance while BWPC will establish field operations starting in the Rocky Mountain region. VEP's microwave treatment liquefies, separates and upgrades crude oil sludges and creates a marketable product while substantially reducing hazardous environmental waste.
