Positive news out. Looks promising.
Planet Resource Recovery Successfully Completes Year-Long In-Field Testing on Irrigation Wells Treated With AquaLuxus WC in the Mesilla Valley, New Mexico
Oct 29, 2015
OTC Disclosure & News Service
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Planet Resource Recovery Successfully Completes Year-Long In-Field Testing on Irrigation Wells Treated With AquaLuxus WC in the Mesilla Valley, New Mexico
HOUSTON, TX--(Marketwired - Oct 29, 2015) - Planet Resource Recovery, Inc. (OTC PINK: PRRY) is pleased to announce the successful completion of a yearlong in-field test of AquaLuxus WC treated irrigation wells in New Mexico. Results of irrigation wells treated with AquaLuxus WC showed significant water production increase, sustained water production throughout growing season and exceptional equipment performance.
In early November 2014, Gobao Enterprises treated 7 irrigation wells in the Mesilla Valley to demonstrate to growers the benefits of AquaLuxus WC. After the initial 90 day test period, test results showed that production increases ranged from 100% - 400% increase in water production, improved water quality and equipment performance.
The successful completion of the initial test drew interest from additional growers which contracted to have their wells treated with AquaLuxus WC. A total of 22 irrigation wells were treated with AquaLuxus WC prior to the growing season. Nineteen of the 22 wells were treated with AquaLuxus WC and conventional water well treatment methods. The other three wells were "Winterized" -- meaning at the end of growing season the wells were treated with AquaLuxus WC and let sit dormant over the winter. Conventional agitation methods were not used. At the commencement of growing season, all wells treated realized increased production, improved water quality and equipment performance.
After a full year of production since the initial treatments, reports from the field show that the wells treated with AquaLuxus WC continue to perform as they did prior to the growing season. It is normal for the aquifer static water levels to drop throughout the growing as growers pump their wells to water their crops. This year the Mesilla Valley static water level dropped from 20 ft. to 35ft. due to pumping. The AquaLuxus WC treated wells showed no drop off in production unlike the wells that were not treated with AquaLuxus WC.
Enrique M. Salinas III, President & CEO of Planet Resource, commented, "These results from Mesilla Valley are exceptional. But they are not unique to Valley only, we are getting similar reports from other in-field tests in Texas, Arizona, Colorado, California and Washington. Based on these results we are beginning to receive larger orders for AquaLuxus WC as we head into the irrigation well maintenance season. We are extremely encouraged as these revenues will be reflected in our 4th Quarter."
About Planet Resource Recovery, Inc.
Planet Resource Recovery, Inc. is the developer, manufacturer and marketer of the earth friendly products of the PetroLuxus™ Technology Platform which currently include the PetroLuxus™ family of products for the Oil & Gas industry and nontoxic AquaLuxus treatment for the water industry. For more information visit: www.planetresource.net.
Safe Harbor Statement
Under The Private Securities Litigation Reform Act of 1995: The statements in this presentation that relate to the Company's expectations with regard to the future impact on the Company's results from new products in development are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The results anticipated by any or all of these forward-looking statements may not occur. Additional risks and uncertainties are set forth in the Company's Annual Report for the year ended December 31, 2009, the Company's Quarterly Report for the First quarter ended March 31, 2014. The Company undertakes no obligation to publicly release the result of any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date hereof, or to reflect the occurrence of unanticipated events or changes in the Company's plans or expectations.
Contact:
Planet Resource Recovery, Inc.
281-213-5622
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