Hope everybody had a good holiday!
Back to live action this morning with another one of our projects firing up this week!!! It will not be long and we will start to see the fruits of all of these. $$$IJJP$$$
Environmental
Project Start Date: July 8, 2015
Our client has a funding requirement of $2.5 million dollars, which is divided into two tranches: First, $1,500,000 to assemble an operating and serviceable prototype of their patent pending application. The Client has the exclusive agreement to operate under the pending Patent application, to reduce the toxic flare off gas from operating oil wells and to clean up the fracked water.
Second, $1 million dollars to establish operating support facilities, leasing of transportation equipment site to site as well as maintenance and management staff requirements.
This is an exciting opportunity for investors to get in on the ground level of initial start-up and acquire ROI at up to 200% within 90 business days.
Brief Description
The client is using existing technology to clean up the flared gas by using the flared gas as fuel to generate electricity.
Currently the flared off gas from operating oil wells is either burned or released directly into the atmosphere and the oil well company is fined as much as $12,500.00/day for contaminating the air.
The methodology is a proven solution designed to capture the flared off gas and use it as fuel for its electrical generators and to store the electricity in 750KV transportable battery packs. This energy can then be used to supply the local worker encampments, sold to municipalities and operate the pumps and water clean-up equipment.
The oil companies currently pay a non-deductible fine on the flared off gas. Under our system the oil company would pay us half the savings. Also, we would be generating Carbon Dioxide Sequestration Credits reported on IRS form 8933 and share these equally with the oil company.
