RENO, Nev., March 18, 2013 /PRNewswire/ -- Eagle Oil Holding Company (Symbol: EGOH) remains committed to creating the "Green Technologies" that will ensure continued Company success with the introduction of the process "Chemstasis" to process liquid waste streams at a minimal cost. This is the newest introduction of a technology that blends with the "WaterClear Process", an Eagle proprietary system to provide clean drinking water to homes in California or Nevada that has been officially approved by the State of California. Details of this process will follow in subsequent news reports.
The Chemstasis Process is a revolutionary process to detoxify chemical wastes and pollutants. The process operates by breaking down complex molecular chains using high temperature and high pressure and using the requirements of multi-pass and ultrasound energy.
The total visible energy requirements are estimated at 32 BTU/gallon of processing. The process is very economical and yields results suitable to the EPA guidelines for discharge. The process works well with oil field development and can process the "fracking" liquids that are currently being used across the country, to clean up the discharges that have various environmental groups concerned. Chemstasis is the reason that Eagle entered the oil business in the previous years.
Chemstasis will also de-chlorinate TCE and PCP and cleave the biphenyl linkages in PCBs, (one of the most prevalent contaminants in the world), removing the chlorine solution as HCl or as CIO. Various tables are available to show lists of the organic chemicals treatable by the Chemstasis process.The process was developed and tested by a Chemist from Denver, CO using the basic concept of "Sonochemical Processing". More details of the process will follow soon. Safe Harbor Statement: This press release contains forward-looking statements that reflect the Company's current expectation regarding future events. Actual events could differ materially and substantially from those projected herein and depend on a number of factors. Certain statements in this release, and other written or oral statements made by Eagle Oil Holding Co. are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond the Company's control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements. The Company assumes no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future. Important factors that could cause actual results to differ materially from the Company's expectations include, but are not limited to, those factors that are disclosed under the heading "Risk Factors" and elsewhere in documents filed by the Company from time to time with the United States Securities and Exchange Commission.
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV