Smart Ventures Inc. (SMVR)

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NEWS! "SMART VENTURES ANNOUNCES NEW ENHANCED OIL RECOVERY TECHNOLOGY"

http://www.otcmarkets.com/stock/SMVR/news/SMART-VENTURES-ANNOUNCES-NEW-ENHANCED-OIL-RECOVERY-TECHNOLOGY?id=94561&b=y

Jan 02, 2015
OTC Disclosure & News Service

Houston, TX -

SMART VENTURES ANNOUNCES NEW
ENHANCED OIL RECOVERY TECHNOLOGY
Smart Ventures, Inc. is pleased to announce its new enhanced oil recovery (EOR) technology which is a chemical compound injected into an existing fields injection well through the water flood technique which causing displacement of the oil in the reservoir which results in a volumetric sweep efficiency. Total oil recovery may be expressed as: Oil Recovery= VSE x ODE.
For example, consider an oil reservoir which has produced 40% of the oil originally in place. If an injection fluid contacts 70% of the reservoir and has an oil displacement efficiency of 70% of the remaining oil (42% of the oil originally in place) then the maximum enhanced oil recovery is 49% of the oil remaining in place or 29% of the oil originally present in the reservoir. Thus total oil recovery has increased to 69%. This example illustrates the importance of using chemicals to improve both the volumetric sweep efficiency and the oil displacement efficiency. As existing fields become depleted, use of chemistry to maintain production via well stimulation, more efficient secondary recovery operations, and enhanced oil recovery become ever more important. Most current processes being used are very costly such as CO2, but have been very effective, we believe once our testing is complete we will be able to significantly reduce the cost of enhanced oil recovery in the industry and become one of the most dominant players in supplying the oil chemicals industry.
“This technology adds significant value to the company, because enhanced oil recovery will allow us to increase oil production in depleted wells. We believe this technology will create significant shareholder value, says Roger AT Smith, CEO.”

About Smart Ventures
Smart Ventures, Inc. is an independent energy company engaged in engineering extended reach drilling services, acquisition, development, production, and exploration of oil, gas and mining minerals internationally. We began to offer a diverse range of armored vehicles to our clients in the Middle East and Africa. We have diversified our products offering into the specialty chemical market as well through our China supplier.

www.sandaydrilling.com www.smartventuresinc.us







CAUTIONARY STATEMENTS REGARDING FORWARD-LOOKING STATEMENTS
This press release contains forward-looking statements that involve a number of risks and uncertainties. Forward-looking statements generally can be identified by the use of forward-looking terminology such as “believes,” “expects,” “may,” “will,” “intends, “plans,” “should,” “seeks,” “pro forma,” “anticipates,” “estimates,” “continues,” or other variations thereof (including their use in the negative), or by discussions of strategies, plans or intentions. A number of factors could cause results to differ materially from those anticipated by such forward-looking statements, including those discussed under “Risk Factors” and “Our Business.” Forward-looking statements are subject to known and unknown risks and uncertainties and are based on potentially inaccurate assumptions that could cause actual results to differ materially from those expected or implied by the forward-looking statements. Our actual results could differ materially from those anticipated in the forward-looking statements for many reasons.
Safe Harbor: This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 27E of the Securities Act of 1934. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested herein due to certain risks and uncertainties including, without limitation, ability to obtain financing and regulatory and shareholder approval for anticipated actions.


Media Relations: Roger Smith

Contact: [phone]

Email: [e-mail]

Websites: www.sandaydrilling.com www.smartventuresinc.us