Freestone Resources Inc. (fka FSNR)

[RedShoulder]

I think about all shareholders agree that they want to know what the developments are in the works since this last PR that was positive. I'm sure McGhan and Johnston are not just being idle and are in fact working on important company matters; that is their M.O. and history of achievements. I'm looking forward for the next PR to see what they have developed since this positive PR:

'Freestone Resources Announces Petrozene Sales and New Distribution Network'

FDEP sold an order of Petrozene to a petroleum transport company that has more than one hundred terminals throughout the United States. The initial reports from the use of Petrozene at one of their terminals showed very positive results prompting the transport company to place another Petrozene order. FDEP plans to provide Petrozene in larger quantities to their other terminals throughout the United States.

FDEP is in negotiations with multiple large transportation companies that face issues with tank bottom buildup in their railcars and other transport and storage vessels. Originally, Freestone developed Petrozene to break up tank bottom sludge and prevent it from forming. This dual-use application provides petroleum transport companies with a solution that greatly reduces maintenance and cleaning costs, and prevents the tank bottom sludge buildup that significantly reduces petroleum storage capacity.

FDEP also provides Petrozene to smaller, regional transport companies that have similar issues, as well as to oil and gas producers that can utilize Petrozene downhole to manage paraffin and asphaltene buildup that greatly reduces a well's production over its lifetime. The oil fields in west Texas have many wells that produce from multiple formations, both old and new, that encounter these issues. Freestone's field tests have indicated that Petrozene treatments down hole can substantially increase production in wells that have paraffin and asphaltene issues.

https://finance.yahoo.com/news/freestone-resources-announces-petrozene-sales-140000829.html