IPRC News Imperial Resources, Inc.; SWDF Lightning
Post# of 145201
IPRC News Imperial Resources, Inc.; SWDF Lightning Protection & Wellbore Connection Complete
2012-07-05 08:30 ET - News Release
AUSTIN, Texas, July 5, 2012 /PRNewswire/ -- Imperial Resources, Inc. (OTCBB: IPRC.OB, OTCQB: IPRC) and its wholly owned subsidiary, Imperial Oil & Gas, Inc. (together the "Company", "Imperial") is pleased to announce that Imperial has now completed the majority of the final stage work program to rebuild its Green Tide Salt Water Disposal Facility ("SWDF").
A lightning protection system to National Fire Protection Association standard NFPA 780, Underwriters Laboratories installation requirement UL 96A, and Lightning Protection Institute quality standards is installed. Welding and fibreglass repair to the tanks has been completed and the disposal wellbore connected to the SWDF.
An electrical engineer has built a new control panel which will synchronize the computerized control functions and automated safety systems to interface with the tank depth sensors that have been installed. Once this control panel has been fitted, along with some final plumbing work and the SWDF insurance is upgraded to cover commercial operations, testing is expected to commence in preparation for opening for business.
The Company is confident it can attract disposal business up to the full operational limit of the SWDF once it is functioning, which the Company believes will provide substantial cashflow.
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