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Re: SoxFan post# 54254

Saturday, 04/29/2023 11:41:23 PM

Saturday, April 29, 2023 11:41:23 PM

Post# of 56856

Once all the parts were delivered for a full AOT, we assembled the stack and installed the stack into the vessel. The vessel was filled with oil and tested. We were able to apply full voltage of 40.1kV to the AOT. We believe the AOT is ready to test with customer oil and be deployed back into the field. Having achieved a positive hydrostatic test, we were able to have our final engineering call with our new potential development partner. We are currently in pursuit of an LOI to include financial metrics for a commercially viable contract.

Bullish
Bullish