Canadian Oil Field Services

[Tackler]

Zeox receives first ZMM-ZeoFume commercial order

2008-01-31 05:13 MT - News Release

Mr. LuVerne Hogg reports

ZEOX COMMENCES SALES OF DOWNHOLE CEMENT PRODUCTS

Zeox Corp. has received its first commercial order for its patented ZMM-ZeoFume for downhole cement formulations. The product will be used in a beta trial for the completion of a number of oil and natural gas wells in Western Canada in February and March of 2008.

The ZMM-ZeoFume used in formulations offers high strength, high yields and variable densities for improved hydraulic isolation across and near pay zones. This product has excellent potential for large scale acceptance in the Eestern Canadian basin and Western United States.

The order was placed by a company engaged in the completion of oil and gas wells globally. In 2007, Zeox built and acquired the zeolite resources, mining, production and distribution capability required to commercialize these and other zeolite products, domestically and internationally. The company's facilities in Nevada and Arizona are currently producing ZMM-ZeoFume. The company's Montana processing facility will be on-line in April, 2008, to produce this product line for Canada and the Northern United States markets.

As a result of collaborative work, Zeox has a licence agreement with the National Research Council of Canada for United States patent No. 5,494,513, Canada patent No. 2180483 and Mexico patent No. 195989 for Zeolite-based lightweight concrete products. The company strengthened its patent rights in June, 2007, when it received non-exclusive worldwide licence rights to globally commercialize five patents related to zeolite-based lightweight concrete products for use for application in the oil and gas completion industry from Halliburton Energy Services Inc.