QS Energy Inc (QSEP)

[As I See It]

Shareholder update is out. A second LOI has been signed.

https://ir.qsenergy.com/press-releases/detail/2039

If the following translates on a commercial level we will all be very happy.

South America presents an incredible opportunity for our AOT technology. Crude oils throughout this region tend to be very heavy and are ideal candidates for AOT viscosity reduction. In March, we had the opportunity to test a set of oil samples from a prospective customer in this region. As expected, these samples were heavy crudes (~API 15°) with high levels of asphaltene and paraffin. The results of the Temple University laboratory tests on these oil samples are some of the best we have seen to date both in terms of viscosity reduction and the lasting duration of the effects of AOT. Tested across a range of operating temperatures, AOT reduced viscosity of these samples by 50% or more, with viscosity reduction lasting more than 100 hours. Applying laboratory results to detailed characteristics of this customer’s pipeline at a site under consideration for AOT deployment indicates AOT has the potential to increase flow rates and capacity of this pipeline by 30% to 40%.