Monday, July 28, 2008 8:14:04 PM
RVTI - Rival Technologies Inc - OTC BB
"In September 2005 Rival Technologies Inc., purchased a technology with the potential to provide an upgrading process for heavy crude and oil sands bitumen. TRU Oiltech Inc was created, laboratory scale research and development rejuvenated, resulting in a next generation primary upgrading technology, the TRU™ process. The process cost effectively produces a premium, pipeline grade, synthetic crude oil branded TRULITE™ and is now ready for continuous feed pilot testing by heavy oil producers and refiners worldwide."
"Rival Technologies is making steady progress towards commercialization of its patented continuous water injection (CWI) technology. We have completed the development of our prototype products, and are currently field testing commercial applications of the technology."
"In September 2005 Rival Technologies Inc., purchased a technology with the potential to provide an upgrading process for heavy crude and oil sands bitumen. TRU Oiltech Inc was created, laboratory scale research and development rejuvenated, resulting in a next generation primary upgrading technology, the TRU™ process. The process cost effectively produces a premium, pipeline grade, synthetic crude oil branded TRULITE™ and is now ready for continuous feed pilot testing by heavy oil producers and refiners worldwide."
"Rival Technologies is making steady progress towards commercialization of its patented continuous water injection (CWI) technology. We have completed the development of our prototype products, and are currently field testing commercial applications of the technology."
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