OOIL Announces Licensing Deal with E3!


Good morning everyone! Over the last few weeks I’ve been discussing the incredible technology that OOIL has and how it could impact the frac and waste water remediation industry.  Results from its most recent demonstration in Colorado have proven the effectiveness and today the company announced that its technology will now be licensed by E3 Services and Solutions, an acquirer and integrator of industrial technologies in fuel, food and health sectors.

According to the company, E3 intends to develop and further commercialize key OriginOil technologies for oil and gas water reclamation, aquaculture and feed stock production. E3 also plans to partner with OriginOil on research and development projects to further refine the company’s suite of technologies in the field.


“With our deep relationships in the oil services sector and our current business development efforts with a Fortune 50 oil producer, we believe we are well positioned to rapidly get these technologies into the market.”

-Mark A. Skoda, CEO of E3-

 

This is a heavy hitting news release in my opinion because not only has OOIL licensed its technology, it has done so with a company that works with a FORTUNE 50 oil producer; the doors that could open from this arrangement alone could be massive!


“E3 is a dynamic technology integrator and with a shared vision to advance innovative solutions commercially. We plan to partner with their team in every step of the process to roll out products and services in the frack and industrial water reclamation spaces, as well as in our clean tech business. We welcome them to the growing OriginOil team!”

-Riggs Eckelberry, OriginOil CEO-


You can read the full press below as well. OOIL has been at the top of my list as a breakout play and after watching the recent run up in addition to the latest formation of a much higher support and heavy accumulation at those levels, I think that this latest press release could be a major catalyst to kick market momentum into high gear.

 

LOS ANGELES & MEMPHIS, Tenn.–(BUSINESS WIRE)–

OriginOil Inc. (OTC/QB: OOIL), developer of Electro Water Separation™ (EWS), the high-speed, chemical-free process to clean up large quantities of water, announced today that E3 Services and Solutions, LLC (E3), an acquirer and integrator of industrial technologies in fuel, food and health sectors, has agreed to license EWS for integration in systems designed to reclaim water from hydraulic fracturing and industrial operations.

Memphis, Tennessee based E3 intends to develop and further commercialize key OriginOil technologies for oil and gas water reclamation, aquaculture and feed stock production. E3 also plans to partner with OriginOil on research and development projects to further refine the company’s suite of technologies in the field.

“E3 is unique in that we are bringing together a number of technologies focused on the water matrix. Essential to this strategy is finding best-in-breed technologies, acquiring them and deploying services around those same technologies on a global basis,” said Mark A. Skoda, CEO of E3. “Our initial markets include oil and gas drilling, mining, agriculture and aquaculture. We believe our business development process combined with our strong domain expertise allows E3 to rapidly launch these services together with our partners, such as OriginOil, quickly with world class technology. With our deep relationships in the oil services sector and our current business development efforts with a Fortune 50 oil producer, we believe we are well positioned to rapidly get these technologies into the market.”

“E3 is a dynamic technology integrator and with a shared vision to advance innovative solutions commercially,” said Riggs Eckelberry, OriginOil CEO. “We plan to partner with their team in every step of the process to roll out products and services in the frack and industrial water reclamation spaces, as well as in our clean tech business. We welcome them to the growing OriginOil team!”

OriginOil’s breakthrough water cleanup technology, Electro Water Separation (EWS) extracts organic contaminants from large quantities of water for the oil and gas, industrial and agricultural sectors. The technology can be paired with downstream “polishing” technologies to deliver water at a range of purity levels specified by customers.

Skoda added, “it’s also important to note that our extensive relationships in fish farming here in the South should allow us to produce and sell the output of algae feedstock production.”

E3 recently announced its new Evolution Lubricants & Technologies division serving industrial, automotive, drilling and consumer clients, and reported having acquired more than 300 different lubricant technology formulations to serve these markets.

 

Disclaimer

Don’t ever invest based on what I say.  Do your own research and consult with a licensed profession before investing.  Any statements and opinions given are amateur and biased and should be treated as such.  Past performance does not indicate future performance in any way.  The performance of all alerts uncompensated and compensated in no way predict the performance of current and/or upcoming alerts.  Check the latest SEC filings before investing, and research other information on the risks of investing in microcap companies at www.sec.gov.  For important information concerning this email, including applicable disclaimers, compensation consideration, and additional information please make sure to read the information contained within.  INS Consulting has been compensated Thirty Five thousand dollars by the company for one day of coverage on OriginOil and has previously been compensated twenty thousand dollars by the company for past coverage on OriginOil. Note that a member of Investor News Source owns nine hundred fifty shares of OriginOil purchased in the open market and may be sold at any time which could negatively effect price.  To view our full disclaimer, click HERE.

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