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I received the mailer yesterday and it sounded very promising but the only reason I read it was because it had Elon Musk on the cover as if he had something to do with it. He doesn't, just speculated that SolarCity might be interested in taking it over' or that WSTI might have financing available like SolarCity. Pretty misleading cover. They are limited by their production, but who knows, it is a good story.
quarterly
BP opportunities might be over for some companies, but I assume our contract is ongoing with attack vessels. BTW, 75% of the oil has not disappeared since they never admitted to a total amount of oil to begin with. Carol Browner of EPA has not been truthful from DAY 12 about the amount of oil or even amounts of dispersents and thier possible harmful affects.
Clarifying my earliert post. I spoke to IR about the ESPH subsidiary. They go out and get the contracts. They are not a fracing company per say but are certainly part of the fracing team and are on site working our equipment under the drillers supervision. Remember these are long term contracts for our equipment and service. We save them possibly millions and being eco friendly our process provides a work around with government regulatory hurdles. We take water from a pond or stream, clean it up, heat it up and inject it, and recycle it. The drilling company does not need to use any chemicals with our process, but this does not mean they wont add a chemical if they feel they need to, but the regulatory agenda is in our favor for no cemicals being used in the fracing process.
Mark
Just a reminder...Cork could you please update share structre in I Box as it is misleading also could you put Investor Relations- Gerald Keith's # (772) 219-7525
from Etrade
Shareholder Equity
Shares Outstanding 129.0 M
Institutional Ownership 0.49%
Number of Floating Shares 113.0 M
Short Interest as % of Float
this is from the wallstreetresource report of 2008
Ecosphere has sharpened its focus on flowback solutions and flowback water management within the natural gas drilling and production arena. The Company’s first two target markets are the Barnett and Woodford shales. As way of background, in order to drill for natural gas, a well must be “fraced”, which means that water must be pumped down a hole to force the natural gas out of the ground. The “frac” team goes in and “fracs” the well and then “plugs” the well. Approximately 2-3 weeks later, the completion team, which includes the flowback team, unplugs the well in order to initiate well flow and natural gas production.
“Frac flowback” water is the liquid that emerges from the well immediately after a well is unplugged, which represents approximately one-third of the total volume of water pumped in. Produced water represents the other two thirds of the frac water that is pumped down a well as well as water pre-existing in the formation. This produced water comes back to the surface mixed with the gas over the productive life of a well. The Company is now focusing primarily on treating both “frac flowback” water and “produced” water generated as a byproduct of natural gas drilling in the major shale gas basins within the United States.
The reason for this sharpened focus is simple. Given the amount of gas exploration and drilling that is currently taking place in domestic shale plays and the corresponding volume of “frac flowback” and “produced” water, the Company could stay busy seemingly forever in this one niche. More importantly, the Company intends to change the way that water is managed by recycling the wastewater at the actual drilling site likely saving the drilling companies millions of dollars per well and moving Ecosphere into the planning stage of each drill site in the U.S. In so doing, Ecosphere will transform the water disposal process from a back-end commodity to a critical component of well planning and drilling.
I am suprised at the lack of knowledge on this board of what ESPH is or does as a business. Guru, ESPH has a "whole management fracing process" as well as being an on site water treament company. Hydraulic fracing is just using heated water generally with a plethora of chemicals injected into wells to break up the oil in the formations' fractures or cracks to allow the oil or gas to flow. You are correct that many new regulations regarding the use of chemicals may be coming.
ESPH has a fracing process alternative in that they don't use heavy chemicals, but by pumping super heated water (2000fh) and combined with cavitation of O3 in the super heated water we are breaking up or fracing the formation to retreive the gas. It is a closed loop system in that the super heated water when retreived is cleaned and then super heated again and re-agitated and sent back down. No chemicals unless you consider O3 a chemical or a molicule.
Maybe look at the video
http://ir.stockpr.com/ecospheretech/video-presentations/view/53/total-frac-water-management-lifecycle
click on learn more button in bottom right and then click on maximize button in lower right to get rid of box
you obviously don't own stock in this company or you would be more knowlegable about the total frac management system they offer. Here, maybe this will help and you will decide to invest
http://ir.stockpr.com/ecospheretech/video-presentations/view/53/total-frac-water-management-lifecycle
as far as a pilot program not generating revenue, I am sure that a couple of million dollar treatment system that saves them money and is eco friendly is not given out for free as you insinuate it should be. The BP master service contract is not free and is a pilot program.
As for wikipedia, I guess I should disconnect my ozone water filtration system from my kitchen and throw away my 4 ozone air purifiers I use as a smoker. No thanks, luv em'
kind of tired of rebutting your concerns. I guess I could iggie you, but would prefer you bring something worth reading LOL
Here's hoping
Pilot programs are revenue generating. We are not charity. One of the reasons a pilot program doesn't turn into an immediate contract is drillers may do a pilot program to see alternatives to the system they now use but are locked in contract themselves for a period of time still
I am sorry you interpreted it that way, but after re-reading my post I don't see how you can say that. I never said ESPH was a driller. We are an essential new technology for clean, non-toxic fracking needed by drillers. I assumed you knew what we do. We compliment a drilling program by being cheaper, more eco friendly O&G service company. We are like drillers in that we get a contract day rate. Anyone else confused by my post?
I doubt it can clean that grease like material without gumming up the machine, but not sure. I would think you would have to treat the oil first to break it down.
the longer the oil is in the water, the thicker it gets, becoming more like grease than oil
The BP cleanup contract is lucrative and I am sure it will lead to more. That is fine but absolutely misses the longterm opporunities here. The BP disaster has really turned the bright light on the oil industry's drilling procedures, including chemical fracing. Obama, the EPA, state governments and now communities are pushing for non-chemical fracing. This is not a maybe. It is happening in the Marcellus shale right now in New York & Pennsylvania. Proposals for drilling are being held up because of the chemicals from fracing may be getting in the ground water. They want alternatives to the chemical fracing process. ESPH has a proven non-toxic, non-chemical fracing process. We offer service contracts with drillers on a per barrel basis. Remember we do not sell our units but do 5 year service contracts with a minimum rate whether the drilling operations is working or not, worth at least a couple hundred thousand a month. Investors buy RIG and many other deep drillers because of their day rate on their rigs, and the same should go for ESPH. Once our unit is on site, we are making a day rate whether its in operation or not. We get a per barrel rate with a minimum and our process is less costly than chemical fracing. Who gets it? When the various governments impose new regulations on chemical fracing, ESPH will prosper greatly with many contracts. It may not take that long as drilling companies already see the writing on the wall, and if it speeds up the permit process they will come around.... Maybe forget BP and think longer than next week!
I, like many here, am underwater on many thousands of shares, but I am confident that my reason for investing here is sound. The hatchet job by she who must not be named misses the point of the opportunity here.
Cork could you please update share structre in I Box as it is misleading
from Etrade
Shareholder Equity
Shares Outstanding 129.0 M
Institutional Ownership 0.49%
Number of Floating Shares 113.0 M
Short Interest as % of Float
brickman, please private email me with your contact info....could use your help
rjay, have you been around this company for a long time. I don't have private reply ability, but if you have please send me an email address or phone number
Good ole boys technique
http://www.wimp.com/solutionoil/
I live in MS and this might be more long lasting and terrible than Katrina. For those that want to vent about the use of dispersants that breaks down the oil allowing it to sink to the seabed floor killing everything, maybe contact John Daigle, the head of the MRSC Dispersants Program can be reached at (281) 776-4335 or email daigle@msrc.org and lets stop this crazy policy
http://www.msrc.org/
For those that want to vent about the use of dispersants that breaks down the oil allowing it to sink to the seabed floor killing everything, maybe contact John Daigle, the head of the MRSC Dispersants Program can be reached at (281) 776-4335 or email daigle@msrc.org and lets stop this crazy policy
Oil Spill Clean Up: 150,000 Gallons Of Dispersant Dropped On Oil Slick
ROBERT, La. — An executive with BP PLC says the good weather in the Gulf of Mexico is continuing to help crews clean up the oil and that more than 140 miles of containment boom have been put out.
Chief operating officer Doug Suttles said Thursday that tens of thousands of gallons of oil have been burned off the surface. Suttles says he has also met with local officials in Louisiana. He says he is listening to their criticisms and they are also providing good feedback.
Suttles also was confident the containment box crews hope to lower 5,000 feet could in no way make the spill worse. He says submarine robots have been moving pieces around on the sea floor to prepare for the containment system.
He also says drilling on the relief well is making good progress.
Gulf Oil Spill Is Bad, but How Bad?
Some experts have been quick to predict apocalypse, painting grim pictures of 1,000 miles of irreplaceable wetlands and beaches at risk, fisheries damaged for seasons, fragile species wiped out and a region and an industry economically crippled for years.
President Obama has called the spill “a potentially unprecedented environmental disaster.” And some scientists have suggested that the oil might hitch a ride on the loop current in the gulf, bringing havoc to the Atlantic Coast.
Yet the Deepwater Horizon blowout is not unprecedented, nor is it yet among the worst oil accidents in history. And its ultimate impact will depend on a long list of interlinked variables, including the weather, ocean currents, the properties of the oil involved and the success or failure of the frantic efforts to stanch the flow and remediate its effects.
As one expert put it, this is the first inning of a nine-inning game. No one knows the final score.
The ruptured well, currently pouring an estimated 210,000 gallons of oil a day into the gulf, could flow for years and still not begin to approach the 36 billion gallons of oil spilled by retreating Iraqi forces when they left Kuwait in 1991. It is not yet close to the magnitude of the Ixtoc I blowout in the Bay of Campeche in Mexico in 1979, which spilled an estimated 140 million gallons of crude before the gusher could be stopped.
And it will have to get much worse before it approaches the impact of the Exxon Valdez accident of 1989, which contaminated 1,300 miles of largely untouched shoreline and killed tens of thousands of seabirds, otters and seals along with 250 eagles and 22 killer whales.
No one, not even the oil industry’s most fervent apologists, is making light of this accident. The contaminated area of the gulf continues to spread, and oil has been found in some of the fragile marshes at the tip of Louisiana. The beaches and coral reefs of the Florida Keys could be hit if the slick is captured by the gulf’s clockwise loop current.
But on Monday, the wind was pushing the slick in the opposite direction, away from the current. The worst effects of the spill have yet to be felt. And if efforts to contain the oil are even partly successful and the weather cooperates, the worst could be avoided.
“Right now what people are fearing has not materialized,” said Edward B. Overton, professor emeritus of environmental science at Louisiana State University and an expert on oil spills. “People have the idea of an Exxon Valdez, with a gunky, smelly black tide looming over the horizon waiting to wash ashore. I do not anticipate this will happen down here unless things get a lot worse.”
Dr. Overton said he was hopeful that efforts by BP to place containment structures over the leaking parts of the well will succeed, although he said it was a difficult task that could actually make things worse by damaging undersea pipes.
Other experts said that while the potential for catastrophe remained, there were reasons to remain guardedly optimistic.
“The sky is not falling,” said Quenton R. Dokken, a marine biologist and the executive director of the Gulf of Mexico Foundation, a conservation group in Corpus Christi, Tex. “We’ve certainly stepped in a hole and we’re going to have to work ourselves out of it, but it isn’t the end of the Gulf of Mexico.”
Engineers said the type of oil pouring out is lighter than the heavy crude spilled by the Exxon Valdez, evaporates more quickly and is easier to burn. It also appears to respond to the use of dispersants, which break up globs of oil and help them sink. The oil is still capable of significant damage, particularly when it is churned up with water and forms a sort of mousse that floats and can travel long distances.
Jacqueline Savitz, a senior scientist at Oceana, a nonprofit environmental group, said that much of the damage was already taking place far offshore and out of sight of surveillance aircraft and research vessels.
“Some people are saying, It hasn’t gotten to shore yet so it’s all good,” she said. “But a lot of animals live in the ocean, and a spill like this becomes bad for marine life as soon as it hits the water. You have endangered sea turtles, the larvae of bluefin tuna, shrimp and crabs and oysters, grouper. A lot of these are already being affected and have been for 10 days. We’re waiting to see how bad it is at the shore, but we may never fully understand the full impacts on ocean life.”
The economic impact is as uncertain as the environmental damage. With several million gallons of medium crude in the water already, some experts are predicting wide economic harm. Experts at the Harte Research Institute for Gulf of Mexico Studies in Corpus Christi, for example, estimated that as much as $1.6 billion of annual economic activity and services — including effects on tourism, fishing and even less tangible services like the storm protection provided by wetlands — could be at risk.
“And that’s really only the tip of the iceberg,” said David Yoskowitz, who holds the endowed chair for socioeconomics at the institute. “It’s still early in the game, and there’s a lot of potential downstream impacts, a lot of multiplier impacts.”
But much of this damage could be avoided if the various tactics employed by BP and government technicians pay off in the coming days. The winds are dying down and the seas are calming, allowing for renewed skimming operations and possible new controlled burns of oil on the surface. BP technicians are trying to inject dispersants deep below the surface, which could reduce the impact on aquatic life. Winds and currents could move the globs of emulsified oil away from coastal shellfish breeding grounds.
The gulf is not a pristine environment and has survived both chronic and acute pollution problems before. Thousands of gallons of oil flow into the gulf from natural undersea well seeps every day, engineers say, and the scores of refineries and chemical plants that line the shore from Mexico to Mississippi pour untold volumes of pollutants into the water.
After the Ixtoc spill 31 years ago, the second-largest oil release in history, the gulf rebounded. Within three years, there was little visible trace of the spill off the Mexican coast, which was compounded by a tanker accident in the gulf a few months later that released 2.6 million additional gallons, experts said.
“The gulf is tremendously resilient,” said Dr. Dokken, the marine biologist. “But we’ve always got to ask ourselves how long can we keep heaping these insults on the gulf and having it bounce back. As a scientist, I have to say I just don’t know.”
Leslie Kaufman contributed reporting from New Orleans.
Editors' Note: May 5, 2010
Maybe so, maybe they don't have those in stock...hope so. I was just told about the idiotic restrictions
The problem with our boom is its effeciency. The booms have been resticted by the government to weigh no more than 35 lbs when retrieved by the shrimp boats which have been hired to put them out. MOP's shortest boom is 5" x 10' and will pick up 30x its weight in oil, so in the governments wisdom, at least for the moment, we do not qualify unless we cut them in half to meet the retrieval weight restriction (it would probably weigh 60-70 lbs once soaked in oil). There are so many wannabe chiefs that are risking destruction of the shrimp & oyster beds with this idiotic policy. I was told we will just manufacture 5' booms in the future until this changes. I saw them loading dispersants on a C130 for arial spraying over the gulf. Leave it to the bureaucrats to screw up the gulf
for those newbies today, here is some info you may not be aware
Journal of Petroleum Technology Online
New Holistic Approach to Oil Spill Remediation
http://www.spe.org/jpt/2008/01/new-technology-offers-profitable-holistic-approach-to-oil-spill-cleanup/
Please watch this video
MOPN could be a wife changing stock
On PBS News Hour, Judy Woodruff interviewed Sylvia Earl on the danger of dispersants
http://www.pbs.org/newshour/bb/environment/jan-june10/oil2_05-05.html
Sylvia Earl's bio
http://www.nationalgeographic.com/field/explorers/sylvia-earle.html
She also is executive director for corporate and nonprofit organizations, including the Aspen Institute, the Conservation Fund, American Rivers, Mote Marine Laboratory, Duke University Marine Laboratory, Rutgers Institute for Marine Science, the Woods Hole Oceanographic Institution, National Marine Sanctuary Foundation, and Ocean Conservancy
Maybe MOP should contact these
state senator from NH, not a US senator. NH doesn't have much clout in MS, LA,FL, or TX but I do applaud him for his enviornmental work and service
cetainly not right now with this lack of volume....everyone just sitting for their price I guess
I have spent the better part of this morning contacting agencies. MEMA (MS Emergency management agency) refers all calls to a BP call center in Houston, TX (281-366-5511) where contractors are to get registered. I gave them an earful about as a Mississippian I wanted the very best eco friendly product used that would even clean bird feathers as opposed to the cheapest. I would hope their decisions would be based on performance tests for product. Booms are only part of the containment. I hope it works as I bought a boatload a .065 yesterday
laco was asking for other oil cleanup stocks. Just informing. would like our chart to look like FSNR's 3 month chart
Hoping for a run like FSNR
Tried all that. Looking for my list and I will seek everyones help. IRS has my sales but doesn't provide me buys as I assume they were symbol changes. Been back thru monthly statements from ETrade and my memory is now shot LOL Will post when I find my list. Thanks One big one was Dejour Resources and I don't see where I bought it
Thanks Churak, I will try that but can't find some. Being audited from 2004 on a few that I show sold but can't figure out what they were before and now the are something else as well. I am fiueked LOL
Hello Pat. Thanks for the hello a few weeks back. Need your help on finding old symbols for tax purposes. Could you private message me your #. Been lurking some and saw your hello, but don't have private messaging
this stock continues the hard slide. we need some sort of news about possible buyout. in at 1.80. and averaged down at 1.65
I spoke with Nick Torrens on Fri and he really wasn't informed about what is going on. He said it was difficult even for him to contact the company as so much is going on. I had called about whether any portable power supply units were going to Hati and he wasn't sure. Not much help except the share structure has not changed. Very disappointed in companies that don't have their IR person involved or in house. Nick is in VA.
What number did you call please as 630-546-6672 is not working