This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Ecosphere Announces New EF60 Technology To Help Energy Companies Sustainably Develop U.S. Gas And Oil Reserves

STUART, Fla., Dec. 15, 2010 (GLOBE NEWSWIRE) -- Ecosphere Technologies, Inc. (OTCBB:ESPH), a diversified water engineering and environmental services company, today introduced its newest product, the EF60. The EF60 is a mobile high volume advanced oxidation system specifically designed to eliminate chemicals during the fracturing of natural gas and oil wells while allowing energy producers to recycle 100% of their production waters. Ecosphere Technologies, through its majority owned subsidiary Ecosphere Energy Services, LLC, has been operating its patented Ozonix technology on hundreds of wells in the oil and natural gas industry since 2008. The EF60 product development was driven by customer demand to decrease the amount of equipment footprint at the frac site while increasing mobility from frac site to frac site. 

Sanjeev Jakhete, Ecosphere Technologies, Sr. V.P. of Engineering and Co-Inventor of the patented Ecosphere Ozonix process, stated, "It is very rewarding professionally that our major energy customers have allowed us to help them eliminate chemicals during their hydraulic fracturing process with our Ozonix technology. The EF60 project has been a customer driven collaboration over the past 12 months to improve the Ozonix equipment we presently have operating in the field. The EF60 has the ability to process fresh water, flowback waters and produced waters at the variable flow rates required to keep up with the pressure pumping company's equipment during the fracturing process. The EF60 processes frac water at 60 barrels per minute (2,500 gallons per minute). Two of our EF60s will be used on each frac to eliminate the biocides and scale inhibitors our energy customers are presently using to fracture their wells."    

Aaron Horn, President of Ecosphere Energy Services, stated, "Ecosphere's EF60 is the right product at the right time for our customers. Its small footprint, high productivity and ease of moving onto and off the frac site will give our customers maximum efficiency at extremely competitive prices. The fact that it kills bacteria while preventing scale without chemicals will make it very attractive to energy companies interested in environmentally-friendly alternatives to chemicals that have traditionally been used for fracturing wells."

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AAPL $93.74 0.00%
FB $117.58 0.00%
GOOG $693.01 0.00%
TSLA $240.76 0.00%
YHOO $36.60 0.00%


Chart of I:DJI
DOW 17,773.64 -57.12 -0.32%
S&P 500 2,065.30 -10.51 -0.51%
NASDAQ 4,775.3580 -29.9330 -0.62%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs