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Freestone Resources Inc. (FSNR)

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Last Post: 8/1/2014 7:14:31 PM - Followers: 106 - Board type: Free - Posts Today: 0


Link to Freestone Resources (FSNR) Home web site and news:



DALLAS, TX–Freestone Resources, Inc. (OTCQB: FSNR) would like to issue an update to its shareholders as the company culminates its 2013 fiscal year end.

First and foremost, the company is pleased to announce that its joint venture, Aqueous Services, LLC is fully operational, and has begun to sell fresh water at its Eagle Ford load out facility. Located in South Texas, the Eagle Ford Shale has become one of the largest single economic development areas in the history of the State of Texas, and ranks as the largest oil and gas development in the world based on capital investment. The indications are that the Eagle Ford will be developed for decades to come, and Freestone intends to play a significant role in providing and meeting the vast demands for water and other oil and gas services in the region.

Several million gallons of water per well are required for drilling in the Eagle Ford. The Aqueous’ facility is equipped to handle the demand of the drilling community in the region with state-of-the art technology, and is capable of providing water to dozens of water trucks per day.

The Freestone management requests that any shareholder inquiries about the Aqueous’ facility be directed to the Freestone Resources’ office so that the Aqueous management and staff can focus on working with its customers and clients. Further facility updates will be posted directly to the Aqueous’ website as the company continues to grow and sign up new clients.

After several years of researching suppliers, Freestone is pleased to announce that it has now found a new manufacturer for its revolutionary solvent, Petrozene. When Freestone first began marketing and selling Petrozene it was very well received by the oil and gas industry. It has been shown to positively affect many aspects of the oil and gas industry; from production and storage to end cycle refinement.

Predominantly used for paraffin buildup Petrozene can be used for pipelines, oil storage tanks, oil sludge build up, de-emulsifier, well treatment, as a corrosion inhibitor and as a catalyst in opening up formations thereby aiding in oil production. The buildup of paraffin causes many problems in the oil and gas industry such as clogging up lines, pump failures, pressure bursts, and seal failures. These can be dramatically reduced with the proper application of Petrozene. Freestone has already begun selling Petrozene to customers, and anticipates exponential growth of sales into the 2014 fiscal year.

Link To Freestone Resource's CEO bloghttp://freestoneresourcesinc.com/blog/ceo-blog/

Link to Petrozene web site (Petrozene is wholly owned by FSNR and no JVs).



PETROZENE is a solvent that breaks down paraffin, disperses oil tank sludge, and has other unique industrial-use qualities. PETROZENE is made from a byproduct of recycled petroleum-based products, so it will not contaminate the oil reserve to which it is being applied. Furthermore, the process that creates PETROZENE helps reduce the worldwide problem that petroleum waste products pose to our environment every year.


The discovery of PETROZENE began with a desire to solve the environmental hazards that various petroleum waste products pose to the environment. Freestone Resources, Inc. has worked with numerous industry partners to recycle these post-consumer materials, and utilize their byproducts in a proprietary way for the oil and gas industry.

PETROZENE has many uses within the oil industry. Below are the applications that are currently available:

Oil Tanker & Oil Tank Solutions:

PETROZENE has been shown to be an effective dispersant of oil sludge buildup. The research efforts of Freestone Resources, Inc. and industry partners have shown it to be especially effective in large, long range oil tankers. With the proper amount of PETROZENE applied to each shipment of oil, they have produced results that show a dramatic reduction in oil sludge buildup on the bottom of the tanks. These same results have been shown in oil storage tanks as well. With the proper application of PETROZENE, costs and operational downtime due to cleaning can be cut dramatically for each.

Oil Well Enhancement:

Freestone Resources, Inc. has also done thorough research concerning oil well enhancement with the application of PETROZENE. Freestone has discovered that a minimal amount of PETROZENE utilized down the wellbore will dissolve and further inhibit Paraffin and asphaltene buildup in the well casing. This buildup of paraffin causes other problems such as clogging up lines, pump failures, pressure bursts, and seal failures which can all be dramatically reduced with the proper application of PETROZENE.

Pipeline Solutions:

Numerous independent studies have shown that a minimal amount of PETROZENE decreases the viscosity of heavy oil. These tests indicate that PETROZENE can be utilized in pipelines that transport heavy oil in order to increases their efficiency and flow rate.

We are currently researching many other uses and applications. If you or your company feel there may be a unique application within your business or would like to work with us to create a specific solution, feel free to contact us




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Current Price
Bid Ask Day's Range
FSNR News: Energy Stocks with Increasing Consideration; Investor Updates by BrokerBank Securities, Inc. 06/25/2014 06:15:00 PM
FSNR News: Quarterly Report (10-q) 05/15/2014 04:46:45 PM
#19330  Sticky Note FSNR DD for new eyes, Petrozene and Frack redshoulder 02/10/14 10:59:54 AM
#17675  Sticky Note Texas, the next Saudi Arabia? Study revises economic Steady_T 03/28/13 11:32:38 AM
#22747   And I think we can look for more FINISHER 08/01/14 07:14:31 PM
#22746   FSNR closed FSNR 0.279 ... UP 0.049 ... redshoulder 08/01/14 04:04:51 PM
#22745   FSNR 0.279 ... UP 0.049 ... 21.30% Gain V- 40,291 redshoulder 08/01/14 03:30:27 PM
#22744   WOW ! Probably should have asked for .50. FINISHER 08/01/14 03:22:14 PM
#22743   "Ask" and thou shall receive. Rawnoc 08/01/14 03:20:44 PM
#22742   Probably raise it near the bell or Monday DD 08/01/14 03:08:24 PM
#22741   Kind of surprised that the ask is still.23. FINISHER 08/01/14 03:04:54 PM
#22740   SPANK THAT SHORT, HARD! DD 08/01/14 02:55:46 PM
#22739   ASK getting hit all day, every share traded redshoulder 08/01/14 02:48:18 PM
#22738   Time for a slap fest! leemalone2k3 08/01/14 01:06:15 PM
#22737   Squeezing as we speak!!! rusty car 08/01/14 12:18:10 PM
#22736   "The chart is primed. We need a juicy redshoulder 08/01/14 11:19:32 AM
#22735   I agree 100%! Dad4487 08/01/14 11:13:09 AM
#22734   Next leg up will be fun. The RJ Trotts 08/01/14 11:10:42 AM
#22733   Chart looking good, it just needs the impending redshoulder 08/01/14 11:07:56 AM
#22732   FSNR Weekly Chart - Sideways trading this Murray_Trader 08/01/14 10:49:58 AM
#22731   Looks like some buyers have come to the party! FINISHER 08/01/14 10:26:55 AM
#22730   READY FOR SOME ASK SLAPPING,NOW! DD 08/01/14 10:00:12 AM
#22729   Lucky? I think it shows resolve and the leemalone2k3 07/31/14 05:42:47 PM
#22728   Agree, and the DOW closed down -316 with redshoulder 07/31/14 04:12:26 PM
#22727   Markets on the whole are terrible today.We are FINISHER 07/31/14 04:06:29 PM
#22726   I do believe that is the crux of FINISHER 07/31/14 02:47:15 PM
#22725   yep! DD 07/31/14 02:35:31 PM
#22724   No doubt most are waiting for some great welloff 07/31/14 02:33:39 PM
#22723   This was a class post, ...some got it, redshoulder 07/31/14 02:29:15 PM
#22722   Everyone is just waiting on this one! RJ Trotts 07/31/14 02:29:02 PM
#22721   I think Fsnr will come out with a Dad4487 07/31/14 02:20:23 PM
#22720   Yeah it's starting to look similar to those welloff 07/31/14 01:59:02 PM
#22718   I remember the same bullshit when the bid Rawnoc 07/31/14 01:40:07 PM
#22717   The sells and the buys are both dying welloff 07/31/14 01:39:19 PM
#22716   from the looks of things, it (seems)the sells Rawnoc 07/31/14 01:03:53 PM
#22715   from the looks of things, it (seems)the buys Dad4487 07/31/14 12:21:56 PM
#22712   why soon??? Sax 07/31/14 09:42:10 AM
#22711   why soon??? DD 07/31/14 09:21:32 AM
#22710   I agree, let's just hope a good pr welloff 07/31/14 08:59:46 AM
#22709   It's going to take more than luck, To get Dad4487 07/31/14 08:23:45 AM
#22708   Well bring on all the luck we can welloff 07/31/14 08:04:54 AM
#22707   I'd be happy of a .01-.02 upside, each day DD 07/30/14 04:42:25 PM
#22706   Boy! I would take that too! Apply that to what Dad4487 07/30/14 04:38:54 PM
#22705   With a little luck we could see a FINISHER 07/30/14 04:27:45 PM
#22704   FSNR closed green at .23 Up .01. Yesterdays redshoulder 07/30/14 04:06:33 PM
#22703   Was nice to see that we closed up FINISHER 07/30/14 04:04:44 PM
#22702   it´s always fun to watch the impatient ... DD 07/30/14 11:22:18 AM
#22701   Slap the ask HARD and we will be FINISHER 07/30/14 11:13:31 AM
#22700   I am ready for the next leg up. RJ Trotts 07/30/14 10:57:04 AM
#22699   It just printed .235. Looks like we FINISHER 07/30/14 10:36:04 AM
#22698   Hope it is a Long day! Dad4487 07/30/14 10:23:38 AM
#22697   Might just see a "LONG" day today. FINISHER 07/30/14 09:59:38 AM
#22696   there's that short signal,yesterday DD 07/30/14 09:47:10 AM
#22695   Time & Sales RJ Trotts 07/29/14 10:29:04 PM