PCT Ltd (PCTL)

[Egold]

I'm glad someone mentioned oil dropped below $70.00bbl.

As the price of oil drops EOR techniques such as SAGD and C02 become less attractive due to the cost. Also, remember marginal well producers can't afford the infrastructure even if the price of oil is at record levels.

As the bbl price drops 21E fluids become more attractive to producers. With over 700K stripper and marginal wells in the U.S smaller producers who have abandoned their wells due to low production can see an increase in production using delivered Super Catholyte and Hydrolyte. Just ask the guy on OK who went from 5bbls a day to 30bbls a day. Can't tell me he's not one happy producer.

The way I see it decreasing oil prices plays into 21E business.