Keep all this good news in mind this week:
Quote:21 PCTL Facts with links including yesterday's big PR.
These verifiable FACTS are beyond exciting...
1. PR yesterday was big on 4 fronts! Note:
https://investorshub.advfn.com/boards/read_ms...=161231321
2. Game-changing Oil Well testing. Simply to confirm already golden lab testing!
January 18th
https://mobile.twitter.com/PCTL2021
PCTL@PCTL2021
We expect enhanced oil recovery to become a very large market for PCTL fluids for years to come. $pctl
Meeting with Maverick & Pentagon Technical, PCTL established protocols to scientifically and systemically determine the efficacy of PCT Catholyte regarding enhancement of oil production. We are very excited to confirm our real world, “infield” results with our lab results. $pctl
3. eOn Mist...Level 3 PCTL Distributor has re-registered PCTL's product and they now have that product in many major retailers nationwide with a projected 40 million bottles by December 2020!!! Note:
https://www.43designs.com/wp-content/uploads/...3.1_sm.pdf
This presentation is from several months ago but note these words on page 8: Quote: eOn Mist is on track to deliver more than
40 million units to retailers nationwide by
the end of 2020
And this on page 17: Quote: eOn Sanitizing Mist is being distributed to the following channels: Online at www.eonmist.com
Amazon.com, Retail Stores-Walmart, Target, CVS, etc.
4. PCTL's new patent! Huge on its own merits. Note:
January 5th
https://pdfpiw.uspto.gov/.piw?Docid=10885497&...first+page
5. PCTL Provides 2020 Summary of Growth & Initial Projection for 2021
December 31st
https://www.para-con.com/images/docs/PCTL12-31-20.pdf
6. PCTL Receives Conventional, Convertible Loan at .10 and Reports No Change in Outstanding Share Count
December 31st
https://www.businesswire.com/news/home/202012...rtners-Inc.
7. PCTL & Kleen Smart Partner to Work with the NFL. Follow the links here:
December 23rd
https://investorshub.advfn.com/boards/read_ms...=160669787
https://ih.advfn.com/stock-market/USOTC/pct-p...e-and-reco
https://iaspub.epa.gov/apex/pesticides/f?p=PPLS:8:::: src="/images/icons/icon_razz.gif" class="post_smiley" /> 8_PUID,P8_RINUM:534078,92108-1-98924
https://www.nflalumni.org/press-releases/nfl-...19-spread/
https://www.nflalumni.org/press-releases/nfla...rotection/
https://www.businesswire.com/news/home/202008...gistrants/
8. New Equipment Installations & No Change in Outstanding Share Count
December 17th
https://www.businesswire.com/news/home/202012...-Structure
9. PCTL Engages a New CFO
December 10th
https://www.businesswire.com/news/home/202012...al-Counsel
10. No more convertible debt. Link:
November 24th
https://ih.advfn.com/stock-market/USOTC/pct-p...iable-rate
11. PCTL getting ready to pay off last convertible notes and stays on course to uplist to OTCQB! Link:
November 11th
https://www.businesswire.com/news/home/202011...pplication
12. PCTL Provides RECORD SETTING Revenue Guidance for Q4 2020 & 2021
October 29th
https://www.businesswire.com/news/home/202010...a-Facility
13. This one Oil deal is larger than PCTL's 2018 & 19 ANNUAL revenues!
October 27th
https://stockdaymedia.com/pct-ltd-pctl-execut...h-quarter/
14. Incredible Financing Announced at .20 Cents Per Share
October 20th
https://finance.yahoo.com/news/pct-ltd-pctl-r...00097.html
15. PCTL Announces Elimination of Existing Notes & No Convertible Notes in 2020 as well as Tremendous UK National Health System Potential
October 5th
https://stockdaymedia.com/pct-ltd-discusses-t...er-5-2020/
16. PCTL Files to Uplist to OTCQB
September 14th
https://www.businesswire.com/news/home/202009...rence-Call
17. PCTL Reports 640% Increase in 2020 Q2 Revenue Over Previous Year
September 2nd
https://www.businesswire.com/news/home/202009...der-Update
18. Update on Authorized Distributors and Supplemental Registrants
August 12th
https://finance.yahoo.com/news/pct-ltd-provid...00407.html
19. New York Hospitals Turning to PCTL for Sanitizing Solution and Distributor Network is exploding
August 5th
https://www.businesswire.com/news/home/202008...AE-Systems
20. PCTL Will Vigorously Protect its Unique EPA Registered Products
July 17th
https://www.businesswire.com/news/home/202007...f-Products
21. PCT Europe Agreement Officially in Place
May 29th
https://www.prnewswire.com/news-releases/pct-...67947.html
https://www.businesswire.com/news/home/202004...ital-Order
[/b]
Quote:A little more $PCTL Oil & Gas info…
Pretty busy this last week but wanted to drop by and drop some more info into the conversation that seems to be taking place regarding the move into the Oil and Gas sector.
As Paradigm Convergence Technologies is a relatively new company with little to no data to support efficacy claims in regards to fracing of new wells or EOR on existing wells, the move into the Oil and Gas sector is a big undertaking but one that is certainly underway as evidenced by the recent contract with Maverick Energy Services for Hydrolyte® and testing of Catholyte Free™ for EOR in Missouri.
People do not seem to understand that you cannot say product XYZ has the same benefits as product ABC because they are similar in nature. You must have product specific data to backup any claims made and that is what the testing underway is meant to provide. I would be keeping an eye on the updates from PCTL as they are released.
Regarding the future…
In the spreadsheet below is the typical well parameter information from three plays in the Permian Basin located in West Texas. The info presented is the average well parameters for each of the three plays averaged out.
eptlwWell_Parameters.png
So, let’s say (hypothetically) that PCTL captured 1% of the market share for new wells in the Permian Basin. Based on labeled usage they would have to generate 1,887,765 gallons of Hydrolyte® annually to cover demand. As noted, running during normal working days at 75% capacity they could generate 1,957,500 gallons to cover leaving them with 69,735 gallons.
The drawback to this scenario is that it does not leave much room for provision of fluids to other (existing) sectors such as Healthcare and Agriculture.
To gain market share and ensure you can supply existing customers you need to 1) build out a distribution network and 2) increase capacity.
In 2019, Paradigm Convergence Technologies had two (2) Level 3 distributors plus their facility in South Carolina. In 2020, seven (7) additional Level 3 distributors were added to the network and capacity in their South Carolina facility was doubled. In 2021 an additional fluids facility will be opened in Ft. Wayne, Indiana which should again double their capacity and my guess is they will add several more Level 3 distributors in key areas to cover their bases.
Say what you will, in my view Mr. Grieco and the team at PCTL are doing exactly what they need to do in order to capture a percentage of the lucrative Oil & Gas market.
Also keep in mind that the above just relates to fracing of new wells in one part of the country and does not take into account treatment of produced water from those wells. It also does not take into account the uses of the fluid(s) in the Secondary or Tertiary recovery cycle of the wells.
On a national level in the US, an average of about 10 barrels of water is produced for each barrel of oil. Considering an average of 11.34 million barrels of oil are produced per day in the US (Source: IEA 2020 Estimates), a total of 113.4 million barrels of produced water needs to be treated each day. As there are a multitude of treatment options, and for the sake of this post, let’s say only .01% of the market would consider treatment with Hydrolyte®. That market would equate to an additional requirement of 10,216 gallons of Hydrolyte per day based on EPA label requirements or 3,728,995 gallons annually.
I could bore you with the rest of the numbers for treating wells with Hydrogen Sulfide (H2S) or what it takes for a water flood injection of a well, but I think you get the point of this post. For PCTL to capture even a fraction of the market share in the Oil & Gas sector is, as several posters have continued to point out, a major deal.
Data is what PCTL needs and it is what they are getting now in field trials. With the data in hand proving the efficacy and cost effectiveness of Hydrolyte® and Catholyte Free™ in Oil & Gas well operations, it won’t take long for PCTL to start capturing market share.
And, with the “Green Agenda” in play, it will happen sooner rather than later in my view.
Food for thought while you are enjoying your Super Bowl LV Weekend!
Here is some more DD showing NAOH and it's use in oil recovery, pipelines and wells. I would also tell you to google connate water, oil trapped in rock formations and NAOH for oil recovery.
I'll supply these however always best to do your own DD to fully understand how Hydrolyte and Catholyte will help improve oil recovery, EOR, enhancing oil pipe line flows besides H2S, bacteria disinfection within the oil industry and bio cleaner. All non toxic and green
https://www.aquacentrum.com/applications/eca-...-industry/
https://www.sciencedirect.com/science/article...3918306408
https://www.corrosionpedia.com/definition/234/catholyte
https://www.e3s-conferences.org/articles/e3sc..._01008.pdf
Quote:PCTL will explode based on OIL & GAS. Here is the DD:
1. https://investorshub.advfn.com/boards/read_ms...=161501799
2. https://investorshub.advfn.com/boards/read_ms...=161502710
3. https://investorshub.advfn.com/boards/read_ms...=161503086
4. https://investorshub.advfn.com/boards/read_ms...=161503778
5. https://investorshub.advfn.com/boards/read_ms...=161504133
6. https://investorshub.advfn.com/boards/read_ms...=161505102
7. https://investorshub.advfn.com/boards/read_ms...=161505865
Quote:By Desert Eagle:
I have a research paper on file that shows where 13 wells in West Texas were treated and after treatment production was increased by 350%.
For a stripper well doing 15 Bbls per day that would be an increase to 52.5 Bbls per day. At current WTI prices, that would be an increase of $64,851.48 per month.
With 770,000 stripper wells in the US, once PCTL has the data to back up efficacy claims, it is an open road ahead.
Have a great weekend.
(Source: NSWA - National Stripper Well Association)
