EESE - Energy/Biotech sleeping giant. Buy on the dip!
Energy & Environmental Services Announces Business Summary
Oklahoma City, OK, January 11, 2017 /PRNewswire/ -- Energy and Environmental Services, Inc. (OTC pink : EESE) is proud to provide a summary of current business ventures as the company’s initial announcement under the new name and symbol EESE. Energy and Environmental Services, Inc. was founded in 1991. To date, the company has grown to seven locations and is focused on developing the following products and services.
Oilfield Chemicals
This has been and remains a core business for the company and this division generated a majority of the approximate $32 million in gross revenues during the last aggressive energy cycle in 2014. The company offers a full suite of chemical services to provide treatments for scale, paraffin, hydrates, corrosion, bacterial blockage, emulsions and foaming, all of which are known to cause declines in oil & gas well production.
In addition to liquid chemicals, the company has developed a patent pending solid chemical technology which management believes to be superior to other solid chemicals offered by competitors. Solid chemicals offer the advantages of easier handling and extended protection due to a metered time release and a higher rate of activity. Additionally, these solid chemicals are compatible with frac fluids and oppositely charged molecules found in downhole and other well site environments.
Powdered Coatings
The company owns the trademarked powdered coating Enduro-Bond® and offers this service through their wholly owned subsidiary Enduro-Bond Manufacturing Company. Enduro-Bond’s coating facility is located in Chickasha, Oklahoma. The Enduro-Bond® process produces a smooth 1-2 millimeter protective coating to all areas of metal parts without compromising threads or connective tolerances. Enduro-Bond® coated ductile iron and carbon steel parts will outlast stainless steel in corrosive environments. In addition to its anti-corrosive properties, Enduro-Bond® is stable in high heat and protects against impact and abrasion.
The complex formula of polymers and selective additives that make up Enduro-Bond® can also be molded. Management is researching this molding capability to see if certain parts and products can be constructed entirely from Enduro-Bond® so that these products might have the potential to be lighter, less expensive and more anti-corrosive than stainless steel.
Enzymes and Probiotics
Through its wholly owned subsidiary EcoZyme System Technologies (EST), the company cultivates enzymes and beneficial microbes at its manufacturing facility in Troup, Texas. These live microorganisms are manufactured for use in the following organic product lines:
H2S Removal – This organic treatment system is in development for the removal of H2S in oil and gas production. The H2S bond is cleaved enzymatically allowing the operator to utilize a treatment system that is less expensive and non-toxic as compared to current industry methods. To date, this compound has proven to break-up and render the potentially fatal H2S gas harmless. Independent testing is in process.
Livestock Feed Supplements – EST has developed a proprietary combination of organic ingredients and beneficial microorganisms to create a feed supplement named BioBlendTM. Early tests have exhibited cattle reaching target weights in a significantly shorter amount of time, and with far fewer health issues in comparison to control groups using currently accepted feeding regimens. This supplement has also shown to improve meat grade, as well as, milk quality in dairy cows. Discussions are now on going with a major cattle producer and select universities to initiate independent studies in order to document the results of adding BioBlendTM to feeding programs.
Odor Elimination – The line of odor elimination products at EST is second to none when it comes to neutralizing malodors. The company manufactures “ecologically” compatible products for a variety of home and industrial applications in the area of malodor elimination. NeuScentsTM for home use eliminates odors by attacking them at the molecular level by breaking the chemical bond that forms to create the malodors. They are eliminated, not just masked or deodorized. NeuScentsTM is a non-toxic and biodegradable liquid product made from a process using microorganisms and a formulation of all-natural plant extracts. The NeuScentsTM “Odor Eliminator and Pet Stain Remover” can now be found on Amazon. This product will not only work to remove pet odors, it can be used on any foul odor. Industrial applications could include sewage facilities, feed lots, locker rooms and any other environment where foul odors might be present.
www.eesokc.com.
