HydraSpin USA Anadarko Basin Recovery Site Goes Live Water Now Inc. subsidiary HydraSpin USA site Recovering Crude From Re-injection Well
February 19, 2019 FOR IMMEDIATE RELEASE
Water Now, Inc., (otcqb: WTNW) HydraSpin USA, a wholly owned subsidiary of Water Now, Inc., has completed the installation of a HydraSpin Recovery System at a re-injection well site in the Anadarko Basin located in Oklahoma. The system went live on February 12 and has been capturing marketable crude oil.
In announcing the successful installation, CEO David King said, “We are very happy to announce that the installation is complete and the system is running perfectly. We are capturing oil at our projected volume. I am extremely proud of the entire HydraSpin team for their outstanding work in completing this installation.”
HydraSpin USA’s patent-pending crude oil recovery process utilizes a proprietary technology to extract marketable crude oil from waste water at re-injection well sites. There are more than 150,000 re-injection wells in the USA serving more than 1.7 million active gas and oil wells across the country.
HydraSpin USA intends to install a second location in Q1-2019 and anticipates an additional 5 locations will be installed in Q2-2019. Learn more at https://hydraspinusa.com.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.