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Oil well sealed, but Gulf mayors say disaster's conclusion still to come
Solid cement now seals the broken Gulf of Mexico well, BP PLC said Sunday, but the disaster's true conclusion is still to come, and no one knows when, according to mayors along the coast.
"When is it going to be over? You know, we don't know if we're going to continue to have things wash up from time to time," said Dauphin Island Mayor Jeff Collier, whose island has been battered with oil, tarballs and oil-slathered debris for months.
At this point, Collier said, he's willing to take BP's word that the company will continue cleanup and recovery efforts until Gulf environments and economies are fully restored.
Not everyone feels that way.
"I have no confidence in them at all," said Tony Kennon, mayor of Orange Beach. "I can only base my beliefs on what I've seen, and in the claims process, I have not seen them honor their word."
Kris Sliger, BP's deputy incident commander for the state of Alabama, said the company is working to fix all the damage done by the oil spill, but he said what Kennon wants is "instantaneous gratification."
"We have never said that we would make people whole instantaneously," Sliger said. Still, he complimented Kennon's dedication to the community and said the demand for quick action is "not an unreasonable expectation."
After the Deepwater Horizon rig exploded April 20, killing 11, oil flowed into the Gulf at a rate of 2.2 million gallons per day, according to a U.S. government estimate. In total, 172.2 million gallons of crude gushed into the water, the government said.
Three days after engineers finished pumping cement down the gusher, pressure tests showed Sunday that it has hardened, according to the company, and work crews can resume drilling the relief well meant to guarantee that no more oil leaks out.
Officials said they hope to complete drilling the final 100 feet of the relief well by next weekend, intersecting the shaft of the broken well deep under the ocean floor. Once that happens, engineers plan to pump in more mud and cement.
The National Oceanic and Atmospheric Administration continued to report no surface oil throughout the Gulf of Mexico, and the Press-Register received no reports of oil sightings locally Sunday.
Meanwhile, cleanup officials said that an oil slick, 2 miles long and 6 to 12 inches wide, skimmed late last week from the waters off of Bayou La Batre was not related to the leak from BP's well.
"It was refined product that was black in color," said Coast Guard Petty Officer Scott Shorey. In contrast, oil from the leaking well has been reddish-orange, he said. "This was not that type of product."
Cortnee Ferguson, a spokeswoman for the Mobile Joint Incident Command center, said the source of the oil has not been determined.
Even though it appears not to have come from the company's well, "BP did help respond to it and did clean that up," she added.
BP's delay in putting money into a $20 billion fund to pay for spill-related damage claims has soured Kennon's view of the company, he said.
The company agreed in June, at President Barack Obama's insistence, to set aside the money but has yet to make its first deposit.
Kennon said he believes the only way BP will fulfill its obligations is if the company is under "constant pressure" from state and federal officials.
Sliger said BP welcomes Kennon's criticism, adding that the company has maintained a "very, very good dialogue" with the city.
"We will be here until this incident is finished," Sliger said.
While much emphasis has been placed on the economic repercussions of the spill, Collier said economic recovery ultimately depends on ecological recovery.
"Paramount to me is the environment," Collier said. "That has impacts across the board."
Oil has been reported bubbling up from more than a foot below the sand on Mississippi's Horn Island, and Kennon said crude is similarly buried under Orange Beach sands.
"Anywhere that oil washed up on our beach, some has made it down below the surface," Kennon said. He added that he thinks the underground oil stretches along most of the city's beaches, so most of the shoreline sand will need to be dug up.
Sliger disagreed, saying the buried oil is only sporadic.
"For most of the beaches, there is not any buried oil," he said. "In some locations -- those that we have marked -- we know that there is what we call tarmats."
Sliger said those would be cleaned and the Gulf Coast restored to conditions "equal to or better than" those that existed prior to the spill. That does not mean an oil-free Gulf, he noted.
"Oil is a natural part of the environment here," Sliger said. "You will find tarballs almost anywhere that you traverse in the Gulf of Mexico."
Thats what stopped me from selling @ 0.0065 then
You are off a zero K ..... Its .0065 I dare you to delet this post... if so you will be reported
I will be looking to buy an addtional 25 million shares higher then .0005- 0009.. So lets see where it trades.. I look forward to any fills at theses levels
I will be buying tomorrow..
Spike Lee bashes US report on vanished Gulf oil
Sat Aug 7, 11:01 pm ET
BEVERLY HILLS, Calif. – Filmmaker Spike Lee is calling a "lie" a U.S. government report that 75 percent of the spilled Gulf Coast oil is gone.
Speaking to a meeting of the Television Critics Association on Saturday, Lee said journalists should expose what he called the real story. He argued that it's unlikely that "abracadabra, presto chango" the vast majority of the oil has vanished from Gulf of Mexico waters and coastal wetlands.
Federal scientists said last week that nearly three-quarters of the oil has been removed by various artificial or natural means, but that the spill's effect on wildlife will long continue.
Lee was promoting his new documentary about New Orleans after Hurricane Katrina. "If God is Willing and Da Creek Don't Rise," a follow-up to his 2006 film about the hurricane, debuts Aug. 23 and 24 on HBO.
Canada's Oil Reserves
2nd Only To Saudi Arabia
"There's clearly a lot of the stuff in the ground," said David Pursell, oil-sector analyst with Houston-based investment bank Simmons & Co. But the commercial viability of the reserves is sensitive to oil prices, technology and public policy, Pursell said.
http://www.rense.com/general37/petrol.htm
February 1, 2010 - 8:31 AM EST
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EVXA 0.0016 -0.0005
Today 5d 1m 3m 1y 5y 10y
EnviroXtract, Inc. Announces That It Has Executed a Memorandum of Understanding With Extractive Technologies, Inc. to Acquire a License for Canadian Oil Sands Extraction and Upgrading
EnviroXtract, Inc. Announces That It Has Executed a Memorandum of Understanding With Extractive Technologies, Inc. to Acquire a License for Canadian Oil Sands Extraction and Upgrading
Feb. 1, 2010 (GlobeNewswire) --
EDMOND, Okla., Feb. 1, 2010 (GLOBE NEWSWIRE) -- EnviroXtract, Inc. (Pink Sheets: EVXA) announced today that Management has executed a Memorandum of Understanding with Extractive Technologies, Inc. to acquire a license for Canadian oil sands extraction and upgrading. Concurrent with this acquisition, the Company is also developing a plan to become a fully-reporting company and return to the OTCBB.
Extractive Technologies specializes in proprietary ‘green’ energy solutions. Its oil technology applications utilize a unique coupling of electromagnetic energy and electro-static energy in a vacuum environment. An energy field intensely excites the oil feedstock at the molecular level, releasing any chemical bonds and breaking down molecular compounds to their elemental state. In short, the technology is capable of efficiently extracting bitumen from oil sands while simultaneously performing upgrading, hydro-treating, and partial refining of the bitumen product. The company is not aware of any other technology capable of achieving similar results.
Extracts 99.9% of oil from oil sands feedstock
No water is used in extracting bitumen from oil sands feedstock
No chemical discharge or oil-polluted tailings ponds are created
No natural gas or other fossil fuels are used in oil sands extraction or upgrading
Carbon gases produced during processing can be captured in the ‘closed’ system
Electrical power consumption is extremely low
Tailings are clean and dry, ready for reintroduction into the environment
Sulfur and other contaminants are significantly reduced during processing
Bitumen is significantly upgraded during the extraction process
CANADIAN OIL SANDS
Oil sands, also known as tar sands, or extra heavy oil, are a type of bitumen deposit. The sands are naturally occurring mixtures of sand or clay, water and an extremely dense and viscous form of petroleum called bitumen. They are found in large amounts in many countries throughout the world, but are found in extremely large quantities in Canada and Venezuela.
Oil sands reserves have recently been considered to be part of the world's oil reserves, as higher oil prices and new technology enable them to be profitably extracted and upgraded to usable products. These oil sands may represent as much as two-thirds of the world's total petroleum resource, with at least 1.7 trillion barrels in the Canadian Athabasca Oil Sands.
Canada is the largest supplier of crude oil and refined products to the United States, supplying about 20% of total U.S. imports. Canada exports more oil and oil products to the U.S. than it consumes itself. In 2006, bitumen production averaged 1.25 million barrels per day through 81 oil sands projects, representing 47% of total Canadian petroleum production. This proportion is expected to increase as bitumen production grows while conventional oil production declines.
The environmental challenges facing Canada’s oil sands projects are enormous. More than 80 kilograms of greenhouse gases are released into the atmosphere for every barrel of bitumen produced from oil sands. The development of Canada’s oil sands is the single largest contributor to greenhouse gas emissions growth in Canada.
Current oil sands extraction methods have created hundreds of thousands of acres of oil-polluted tailings ponds which have altered the pristine landscape and replaced much of the muskeg and boreal forests of Alberta. For every barrel of bitumen that is produced from oil sands, 2 to 4 barrels of waste water are removed from Alberta’s rivers. Tailings ponds holding wastewater from mining operations are so extensive that they can be seen from space on regional-scale satellite photos. Many who have visited the oil sands region of Canada call this an environmental disaster.
Solutions for many of these issues may exist with Extractive Technologies’ applications.
About EnviroXtract, Inc.:
EnviroXtract, Inc. has developed an efficient technology to perform environmental remediation applications for oil spills and other toxic chemical remediation applications which require a complete separation of hazardous or toxic chemicals from contaminated soil. The technology has proven capable of removing virtually 100% of oil from soil, is extremely energy efficient, leaves clean, dry tailings with no residual oil, requires no water, natural gas, fossil fuels, or chemicals during processing, discharges no pollutants, and is capable of capturing carbon emissions in a closed vacuum processing system.
EnviroXtract will implement an aggressive schedule of testing its proprietary thermal process for extraction of various hazardous and toxic materials from soil samples. The Environmental Protection Agency (EPA) maintains a Toxic Release Inventory of 581 individually listed chemicals and 30 chemical categories which require removal and mitigation under federal regulations. Independent third-party analysis and verification will measure the effectiveness of the EnviroXtract thermal process in removing many of these toxic chemicals from soil samples. The results of these tests and subsequent analysis will be updated regularly on the EnviroXtract website, www.EnviroXtract.com. EnviroXtract plans to explore additional environmental remediation applications to enhance its business model.
EVXA currently has 404,775,793 shares issued and outstanding.
Safe Harbor
This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of EnviroXtract, Inc., and members of its management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-statements include fluctuation of operating results, the ability to compete successfully and the ability to complete before-mentioned transactions. The company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.
CONTACT: EnviroXtract, Inc.
Carlton Wingett, President / CEO
1-888-459-4889
Carlton@EnviroXtract.com
FACT.. This is what can assist EVXA in implementing there game plan.. If there were negotiating PRE oil spill I would assume the probabilities increase in some type of funding POST oil spill.. JMHO
EnviroXtract, Inc. Announces That Management is Currently Negotiating a Private Placement Memorandum to Raise Funds for Implementing Its Business Plan
Globe Newswire
Mar 26, 2010
EDMOND, Okla., March 26, 2010 (GLOBE NEWSWIRE) -- EnviroXtract, Inc. (Pink Sheets:EVXAD) announced today that Management is currently negotiating a Private Placement Memorandum to raise funds necessary to assist the Company in implementing its business plan.
About EnviroXtract, Inc.:
EnviroXtract, Inc. has developed an efficient technology to perform environmental remediation applications for oil spills and other toxic chemical remediation applications which require a complete separation of hazardous or toxic chemicals from contaminated soil. The technology has proven capable of removing virtually 100% of oil from soil, is extremely energy efficient, leaves clean, dry tailings with no residual oil, requires no water, natural gas, fossil fuels, or chemicals during processing, discharges no pollutants, and is capable of capturing carbon emissions in a closed vacuum processing system.
EnviroXtract plans to implement an aggressive schedule of testing its proprietary thermal process for extraction of various hazardous and toxic materials from soil samples. The Environmental Protection Agency (EPA) maintains a Toxic Release Inventory of 581 individually listed chemicals and 30 chemical categories which require removal and mitigation under federal regulations. Independent third-party analysis and verification will measure the effectiveness of the EnviroXtract thermal process in removing many of these toxic chemicals from soil samples. EnviroXtract will explore additional environmental remediation applications and relevant business opportunities to enhance its business model.
Here are FACTS !!! This is only 6 months ago... These things can take some time which is why this is beow 1/2 penny
EnviroXtract, Inc. Announces That It Has Executed a Memorandum of Understanding With Extractive Technologies, Inc. to Acquire a License for Canadian Oil Sands Extraction and Upgrading
Globe Newswire
Feb 01, 2010
EDMOND, Okla., Feb. 1, 2010 (GLOBE NEWSWIRE) -- EnviroXtract, Inc. (Pink Sheets: EVXA) announced today that Management has executed a Memorandum of Understanding with Extractive Technologies, Inc. to acquire a license for Canadian oil sands extraction and upgrading. Concurrent with this acquisition, the Company is also developing a plan to become a fully-reporting company and return to the OTCBB.
Extractive Technologies specializes in proprietary ‘green’ energy solutions. Its oil technology applications utilize a unique coupling of electromagnetic energy and electro-static energy in a vacuum environment. An energy field intensely excites the oil feedstock at the molecular level, releasing any chemical bonds and breaking down molecular compounds to their elemental state. In short, the technology is capable of efficiently extracting bitumen from oil sands while simultaneously performing upgrading, hydro-treating, and partial refining of the bitumen product. The company is not aware of any other technology capable of achieving similar results.[color=red][/color]
Extracts 99.9% of oil from oil sands feedstock
No water is used in extracting bitumen from oil sands feedstock
No chemical discharge or oil-polluted tailings ponds are created
No natural gas or other fossil fuels are used in oil sands extraction or upgrading
Carbon gases produced during processing can be captured in the ‘closed’ system
Electrical power consumption is extremely low
Tailings are clean and dry, ready for reintroduction into the environment
Sulfur and other contaminants are significantly reduced during processing
Bitumen is significantly upgraded during the extraction process
CANADIAN OIL SANDS
Oil sands, also known as tar sands, or extra heavy oil, are a type of bitumen deposit. The sands are naturally occurring mixtures of sand or clay, water and an extremely dense and viscous form of petroleum called bitumen. They are found in large amounts in many countries throughout the world, but are found in extremely large quantities in Canada and Venezuela.
Oil sands reserves have recently been considered to be part of the world's oil reserves, as higher oil prices and new technology enable them to be profitably extracted and upgraded to usable products. These oil sands may represent as much as two-thirds of the world's total petroleum resource, with at least 1.7 trillion barrels in the Canadian Athabasca Oil Sands.
Canada is the largest supplier of crude oil and refined products to the United States, supplying about 20% of total U.S. imports. Canada exports more oil and oil products to the U.S. than it consumes itself. In 2006, bitumen production averaged 1.25 million barrels per day through 81 oil sands projects, representing 47% of total Canadian petroleum production. This proportion is expected to increase as bitumen production grows while conventional oil production declines.
The environmental challenges facing Canada’s oil sands projects are enormous. More than 80 kilograms of greenhouse gases are released into the atmosphere for every barrel of bitumen produced from oil sands. The development of Canada’s oil sands is the single largest contributor to greenhouse gas emissions growth in Canada.
Current oil sands extraction methods have created hundreds of thousands of acres of oil-polluted tailings ponds which have altered the pristine landscape and replaced much of the muskeg and boreal forests of Alberta. For every barrel of bitumen that is produced from oil sands, 2 to 4 barrels of waste water are removed from Alberta’s rivers. Tailings ponds holding wastewater from mining operations are so extensive that they can be seen from space on regional-scale satellite photos. Many who have visited the oil sands region of Canada call this an environmental disaster.
Solutions for many of these issues may exist with Extractive Technologies’ applications.[color=red][/color]About EnviroXtract, Inc.:
EnviroXtract, Inc. has developed an efficient technology to perform environmental remediation applications for oil spills and other toxic chemical remediation applications which require a complete separation of hazardous or toxic chemicals from contaminated soil. The technology has proven capable of removing virtually 100% of oil from soil, is extremely energy efficient, leaves clean, dry tailings with no residual oil, requires no water, natural gas, fossil fuels, or chemicals during processing, discharges no pollutants, and is capable of capturing carbon emissions in a closed vacuum processing system.
EnviroXtract will implement an aggressive schedule of testing its proprietary thermal process for extraction of various hazardous and toxic materials from soil samples. The Environmental Protection Agency (EPA) maintains a Toxic Release Inventory of 581 individually listed chemicals and 30 chemical categories which require removal and mitigation under federal regulations. Independent third-party analysis and verification will measure the effectiveness of the EnviroXtract thermal process in removing many of these toxic chemicals from soil samples. The results of these tests and subsequent analysis will be updated regularly on the EnviroXtract website, www.EnviroXtract.com. EnviroXtract plans to explore additional environmental remediation applications to enhance its business model.
Shorts are looking for your cheap stock to cover and or frustrated with there loss on past trades some are looking for this to tank so they can take another shot at it at a lower price then it is today
From another Board:
Try reading the following Contaminated Sand Must Go
Photo Map
Gulf Oil Spill Links
More –› Gulf of Mexico Oil Spill
» Live Oil Spill Cam
» Oil Spill Forecast
» Oil Spill Interactive Maps
» Oil Spill Timeline
» Oil Spill Economic Impact
» Crude Oil Material Safety Data Sheet
» BP Claims Submission Form
» Air Quality Reports
» Seafood Safety
» Oil Impact on Wildlife
» Hurricanes and Oil Spill
» Oil Spill Photos
» Oil Spill Forums
» Gulf Abandoned Wells
» Underwater Oil Plumes
» Dispersant / Corexitby Debbie Williams
Published: Mon, August 02, 2010 - 6:15 pm CST
Last Updated: Mon, August 02, 2010 - 6:19 pm CST
1350 Views |Short URL: http://wkrg.com/910318
Debbie WilliamsORANGE BEACH, Alabama - The beaches may not be black with oil, but it's there.
Sprinkled in the sand, tar balls. Just past the surf line an oily pom pom boom lies buried in the water still sticky with oil. And if you dig a hole you may not see layers of black goo but just like tests results have shown, oil or petroleum products are there.
That's why Orange Beach Mayor Tony Kennon says the sand has to go. "I ask them for a written plan of how they were going to refurbish the beach. In other words are they going to clean the sand, replace the sand, what are they going to do to put it back to the state it was in prior to the oil spill. I haven't seen that plan yet."
Kennon says the sand so many take for granted is actually in limited supply. "Most people don't know this but beach quality sand is very, very limited in the gulf. You just don't go out there and pump sand you have to find a certain type of sand, certain quality sand it's very limited."
So while everything on the surface may look fine, "I haven't seen it, the water is beautiful, the beaches are nice," says Dale Deshotels vacationing from Louisiana.
It's what's below the surface and lying on top that is cause for concern. "By next spring or snowbird season I want our beaches 100 percent restored to pre-spill status," says Kennon.
When it comes to cleaning the sand Kennon says there are several options. First the contaminated sand has to be dug up and removed, then there's talk of machines where dirty sand would go in, go through a process and clean sand would come out the back of the machine.
The sand could be hauled away cleaned and brought back, or a beach renourishment project like we've seen after hurricanes. Only they don't know if the pits in the gulf where the sand would come from have been contaminated by the gusher in the gulf. They claimed is proven tech.
I'm holding long and strong...
I could careless about a chart... I bought 40 million shares on speculation and will hold until a run and or continue to avg down if it trades lower.. Its a crap shoot.. If one can't handle the risk they shouldn't cry when its down... Its part of the game
"If only 25 percent of the oil is left, it must be all in St. Bernard Parish, because we're finding new oil every day," parish president Craig Taffaro told AOL News.
Remaining Gulf Spill Still Bigger Than Exxon Valdez
http://www.aolnews.com/gulf-oil-spill/article/remaining-gulf-oil-spill-still-bigger-than-exxon-valdez/19581631
Oil-fouled Gulf still has a long recovery ahead
http://news.yahoo.com/s/ap/20100805/ap_on_bi_ge/us_gulf_oil_spill
What a Joke....The govt says the oil disappeared? It hasn't !!! Just because they can see it.. this means its gone ?? (magic trick) This administration actually thinks it can say anything they want and people will believe it .. Ask the people of Louisiana Florida Alabama ETC if its "disappeared" Oil and water does NOT mix so it can't "disappear naturally"
Traveling and checking EVXA on my blackberry :)
Back in June, the Gulf of Mexico oil spill became America's worst ever, exceeding the volume of crude released in the 1989 Exxon Valdez disaster. But new federal numbers released Monday show that nearly 5 million barrels of oil have gushed out of BP's damaged well since an April 20 explosion killed 11 rig workers. That means the Deepwater Horizon spill is much larger than what was previously believed to be the world's largest accidental spill, the 1979 Ixtoc I leak in Mexico's Bay of Campeche, which spilled 3.3 million barrels.
http://www.aolnews.com/gulf-oil-spill/article/as-bp-tests-for-top-kill-site-named-worlds-worst-ever-accidental-oil-spill/19578603?icid=main|htmlws-main-n|dl1|link3|http%3A%2F%2Fwww.aolnews.com%2Fgulf-oil-spill%2Farticle%2Fas-bp-tests-for-top-kill-site-named-worlds-worst-ever-accidental-oil-spill%2F19578603
level 2
I bought many more shares at .0002 but as of today Level 2 shows the bids are going away and the ask is getting stronger at .0002 (Not good)... Lets see what happens
me 2... I think this can triple with any volume based on being oversold.. IMO
This takes time....
Tesoro Enterprises Engages DME Capital LLC
DME Capital LLC to Advise on Strategic Acquisitions and Business Alternatives
Westport, CT--May 19, 2010—Tesoro Enterprises, Inc. (Pink Sheets: TSNP), announced today that it has retained DME Capital LLC as the Company's exclusive advisor. DME will assist the Company in analyzing a wide range of strategic business alternatives, including acquisitions and expansion. The Company can give no assurance that a transaction of any kind will occur.
Henry Boucher, CEO of Tesoro, stated, “I look forward to working with DME to find the optimal scenario to maximize shareholder value. In choosing DME, we were very impressed with their reputation and positive track record, and we are confident that they will help us strategize the best course of action for Tesoro as we move forward.”
About Tesoro Enterprises
Tesoro Enterprises Inc., through its wholly owned subsidiary Fashion Floor Covering and Tile, Inc. (FFC&T), supplies a full line of floor covering products including, carpet, wood and porcelain and natural stone products, to the residential and commercial construction, remodeling and interior design market places.
Additional information is available at www.tesoroenterprises.us
About DME
DME operations include DME Securities LLC & DME Capital LLC.
DME Securities is a licensed broker-dealer, Member Firm of the NYSE and FINRA. DME Securities raises capital for growth oriented public companies and handles trades for institutional investors.
DME Capital invests in public companies & issues unbiased BUY RECOMMENDATIONS to 910 institutional clients and 2,000+ retail clients. Unbiased meaning DME does not charge or accept any form of compensation (cash or stock) for their Buy Recommendations.
Additional information is available at www.dmecapital.com
Forward-Looking Statements:
This press release includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 relating to, among other things, our goals, plans and projections regarding our financial position, results of operations, market position, product development and business strategy. These statements may be identified by the use of words such as “will,” “may,” “estimate,” “expect,” “intend,” “plan,” “believe,” and other terms of similar meaning in connection with any discussion of future operating or financial performance or other events or developments. All forward-looking statements are based on management’s current expectations and involve inherent risks and uncertainties, including factors that could delay, divert or change any of them, and could cause actual outcomes and results to differ materially from current expectations.
Unless otherwise required by law, we undertake no obligation to publicly update any forward-looking statement, whether as a result of new information, future events or otherwise.
Source: Tesoro Enterprises Inc
Investor Relations Contact
Andrew Barwicki
516-662-9461 or andrew@barwicki.com
Oil pipeline leak pollutes major Michigan river
Crews were working Tuesday to contain and clean up more than 800,000 gallons of oil that poured into a creek and flowed into the Kalamazoo River in southern Michigan, coating birds and fish.
http://news.yahoo.com/s/ap/20100727/ap_on_bi_ge/us_michigan_river_oil_spill
We can't forget that EVXA's technology cleans "GREEN" and not only cleans but turns the oil into revenue
Very Important Info about EVXA :
EnviroXtract, Inc. Announces That It Has Executed a Memorandum of Understanding With Extractive Technologies, Inc. to Acquire a License for Canadian Oil Sands Extraction and Upgrading
EDMOND, Okla., Feb. 1, 2010 (GLOBE NEWSWIRE) -- EnviroXtract, Inc. (Pink Sheets: EVXA) announced today that Management has executed a Memorandum of Understanding with Extractive Technologies, Inc. to acquire a license for Canadian oil sands extraction and upgrading. Concurrent with this acquisition, the Company is also developing a plan to become a fully-reporting company and return to the OTCBB.
Extractive Technologies specializes in proprietary ‘green’ energy solutions. Its oil technology applications utilize a unique coupling of electromagnetic energy and electro-static energy in a vacuum environment. An energy field intensely excites the oil feedstock at the molecular level, releasing any chemical bonds and breaking down molecular compounds to their elemental state. In short, the technology is capable of efficiently extracting bitumen from oil sands while simultaneously performing upgrading, hydro-treating, and partial refining of the bitumen product. The company is not aware of any other technology capable of achieving similar results.
Extracts 99.9% of oil from oil sands feedstock
No water is used in extracting bitumen from oil sands feedstock
No chemical discharge or oil-polluted tailings ponds are created
No natural gas or other fossil fuels are used in oil sands extraction or upgrading
Carbon gases produced during processing can be captured in the ‘closed’ system
Electrical power consumption is extremely low
Tailings are clean and dry, ready for reintroduction into the environment
Sulfur and other contaminants are significantly reduced during processing
Bitumen is significantly upgraded during the extraction process CANADIAN OIL SANDS
Oil sands, also known as tar sands, or extra heavy oil, are a type of bitumen deposit. The sands are naturally occurring mixtures of sand or clay, water and an extremely dense and viscous form of petroleum called bitumen. They are found in large amounts in many countries throughout the world, but are found in extremely large quantities in Canada and Venezuela.
Oil sands reserves have recently been considered to be part of the world's oil reserves, as higher oil prices and new technology enable them to be profitably extracted and upgraded to usable products. These oil sands may represent as much as two-thirds of the world's total petroleum resource, with at least 1.7 trillion barrels in the Canadian Athabasca Oil Sands.
Canada is the largest supplier of crude oil and refined products to the United States, supplying about 20% of total U.S. imports. Canada exports more oil and oil products to the U.S. than it consumes itself. In 2006, bitumen production averaged 1.25 million barrels per day through 81 oil sands projects, representing 47% of total Canadian petroleum production. This proportion is expected to increase as bitumen production grows while conventional oil production declines.
The environmental challenges facing Canada’s oil sands projects are enormous. More than 80 kilograms of greenhouse gases are released into the atmosphere for every barrel of bitumen produced from oil sands. The development of Canada’s oil sands is the single largest contributor to greenhouse gas emissions growth in Canada.
Current oil sands extraction methods have created hundreds of thousands of acres of oil-polluted tailings ponds which have altered the pristine landscape and replaced much of the muskeg and boreal forests of Alberta. For every barrel of bitumen that is produced from oil sands, 2 to 4 barrels of waste water are removed from Alberta’s rivers. Tailings ponds holding wastewater from mining operations are so extensive that they can be seen from space on regional-scale satellite photos. Many who have visited the oil sands region of Canada call this an environmental disaster.
Solutions for many of these issues may exist with Extractive Technologies’ applications.
About EnviroXtract, Inc.:
EnviroXtract, Inc. has developed an efficient technology to perform environmental remediation applications for oil spills and other toxic chemical remediation applications which require a complete separation of hazardous or toxic chemicals from contaminated soil. The technology has proven capable of removing virtually 100% of oil from soil, is extremely energy efficient, leaves clean, dry tailings with no residual oil, requires no water, natural gas, fossil fuels, or chemicals during processing, discharges no pollutants, and is capable of capturing carbon emissions in a closed vacuum processing system.
EnviroXtract will implement an aggressive schedule of testing its proprietary thermal process for extraction of various hazardous and toxic materials from soil samples. The Environmental Protection Agency (EPA) maintains a Toxic Release Inventory of 581 individually listed chemicals and 30 chemical categories which require removal and mitigation under federal regulations. Independent third-party analysis and verification will measure the effectiveness of the EnviroXtract thermal process in removing many of these toxic chemicals from soil samples. The results of these tests and subsequent analysis will be updated regularly on the EnviroXtract website, www.EnviroXtract.com. EnviroXtract plans to explore additional environmental remediation applications to enhance its business model.
I'm in EVXA because of there technology and playing for funding and contracts.. This can be a double runner as it seems to trade thin IMO...
Preferred stock, also called preferred shares, preference shares, or simply preferreds, is a special equity security that has properties of both an equity and a debt instrument and is generally considered a hybrid instrument.insert-text-here Preferreds are senior (i.e. higher ranking) to common stock, but are subordinate to bonds.[1]
Preferred stock usually carries no voting rights,[2] but may carry priority over common stock in the payment of dividends and upon liquidation. Preferred stock may carry a dividend that is paid out prior to any dividends being paid to common stock holders. Preferred stock may have a convertibility feature into common stock. Terms of the preferred stock are stated in a "Certificate of Designation".
Similar to bonds, preferred stocks are rated by the major credit rating companies. The rating for preferreds is generally lower since preferred dividends do not carry the same guarantees as interest payments from bonds and they are junior to all creditors.[3]
http://en.wikipedia.org/wiki/Preferred_stock
Im done for today :)
filled on the 750K at .0011
375K move you out?
moved 750K up to .0011
I was filled on 250K at .001.. I have 750K left at .001
Trying to buy another million shares at .001
If it trades to .025 cents we will have a 10 bagger on our hands..
I think its a good buy at these levels... IMO
New BP chief: Priority is plugging well for good
"BP remains a strong business with fine assets, excellent people and a vital role to play in meeting the world's energy needs," he said. "But it will be a different company going forward, requiring fresh leadership supported by robust governance and a very engaged board."
Besides permanently plugging the oil leak and cleaning up the spill and the company's image, Dudley will oversee the sale of $30 billion in assets over the next 18 months to bolster the company's finances.
http://news.yahoo.com/s/ap/20100727/ap_on_bi_ge/gulf_oil_spill
I agree
I think its a good gamble down here... Loaded BID at .0001 and the .0002's seem to be taken out hen they appear.. lets hope we can eat through the .0003's
Enviroxtract, Inc. expected to report Q2 2010 results on August 19, 2010. This event was calculated by Capital IQ (Created on June 27, 2010).
http://investing.businessweek.com/research/stocks/ownership/ownership.asp?ticker=EVXA:US
Interesting input last month
Sub pennies have been going crazy since June 1st – More gains are coming and we are on the lookout for the next big winner
The company is short on news but the last PR on EVXA shows you that the company has eyeballs. Once we get news, EVXA should fly.
Stock Alert for EnviroXtract Inc. Issued by MicroStockProfit
http://www.stockwatch.com/newsit/newsit_newsit.aspx?bid=U-z0194165-U%3aEVXA-20100614&symbol=EVXA®ion=U
Make sure you have some dollars available to invest in next week’s sub penny special. We want you to make some big money and this next pick should be good for a 500% move.
http://picksthatmove.com/tag/evxa/
already happen many months ago.. WE are POST 500 R/S