This Day On The Street
Continue to site
ADVERTISEMENT
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

EVTN Ships Voraxial For North American Produced Water Treatment Sector

Fort Lauderdale, FL, March 12, 2014 (GLOBE NEWSWIRE) -- Enviro Voraxial Technology, Inc. (OTCBB: EVTN) announced today that it has received a purchase order for its Voraxial® 2000 Separator from a multi-national firm.  The Voraxial® Separator, which was recently shipped, will be installed for pretreatment bulk oil/water/solid separation.  This application and customer represents multi-unit potential for EVTN in the North American produced water treatment market, which is estimated at $2.4 billion.

Since the Voraxial® is compact, complete turnkey systems can be supplied to treat a variety of fluid streams to reduce the customers overall treatment cost and increase separation efficiency.  The Voraxial® Separator provides a cost effective method to efficiently separate large volumes of solids and liquids with different specific gravities.  Without creating a pressure loss, the Voraxial® provides quality separation while decreasing the amount of space, energy and weight to conduct the separation - all of which are precious commodities in a variety of markets.  This application for the Voraxial® represents a large global market requiring bulk oil, water and solid separation as a critical part of the oil production process.

As oil is extracted out of the ground it contains a large quantity of water, called produced water.  Produced water comprises over 98% of the total waste volume generated by the oil and gas industry, making it the largest volume waste stream associated with oil and gas production.  Oil reservoirs frequently contain large volumes of water and as oil wells mature, the amount of oil produced from the well decreases while the amount of water needed to be treated increases.  In the continental United States, it is estimated that more than 10 barrels of water are produced for each barrel of recovered oil.  The efficient separation of oil from produced water and the environmentally responsible treatment of the remaining water are critical processes in the production of oil.  EVTN's Voraxial® Separator offers the industry an economical solution to treat this increasing volume of produced water.  EVTN is receiving an increased amount of inquiries for its Voraxial® Separator. 

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
Submit an article to us!
SYM TRADE IT LAST %CHG

Markets

DOW 17,927.46 -142.94 -0.79%
S&P 500 2,090.61 -23.88 -1.13%
NASDAQ 4,942.2910 -74.6380 -1.49%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs