Wednesday, March 01, 2023 11:07:12 AM
Full PR can be found here: https://www.mcapmediawire.com/cyber-enviro-tech-inc-announces-the-deployment-of-its-technologies-to-address-significant-water-contamination-issue-in-west-texas-while-increasing-oil-production/
CYBER ENVIRO-TECH, INC. ANNOUNCES THE DEPLOYMENT OF ITS TECHNOLOGIES TO ADDRESS SIGNIFICANT WATER CONTAMINATION ISSUE IN WEST TEXAS WHILE INCREASING OIL PRODUCTION
Scottsdale, Arizona, March 1, 2023 — McapMediaWire — Beginning in March 2023, Cyber Enviro-Tech, Inc. (OTC: CETI) (“CETI”) is set to deploy its combined oil extraction and water filtration technologies on its pilot oil field in west Texas. After achieving desired outcomes, CETI will partner with other 3rd party oil field operators on a revenue sharing basis. This creates a recurring income stream for the Company which continues to increase as it expands into other oil fields.
CETI’s initial target market is “stripper wells” which are oil wells that produce 15 barrels of oil a day or less. Stripper wells constitute over 76% of oil & gas wells in the US. “We are confident that CETI’s technological advancements will prove to be a major industry game changer by increasing the production and longevity of stripper wells while returning clean, non-toxic water back into the environment. Quantum leaps forward of this magnitude are far too important to be overlooked by any oil field operator”, says Kim D. Southworth, CEO of CETI.
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