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Pemex Oil Requests SSWM Rapid Cleanup Technology ASAP.
Publication: Business Wire
Date: Wednesday, March 28 2007
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Bio-Raptor[TM] to be used on Oil Drilling and Pipeline Sites
CARLSBAD, Calif. -- Sub-Surface Waste Management of Delaware, Inc. (OTCBB:SSWM), announced that its Mexico subsidiary company, Environmental Tec International, S.A. de C.V. (ETI), recently completed its presentation to top Pemex
SDI-Raise Bore Drilling
Shaft Development for Civil Construction Projects
www.ShaftDrillers.com
Oil company officials who directed ETI to immediately schedule site visits and submit cost proposals to demonstrate the patented Bio-Raptor[TM] environmental cleanup technology at one or more oil drilling/pipeline sites in southeast Mexico as a prelude to its possible use throughout Pemex production and pipeline facilities in Mexico.
The Bio-Raptor[TM] patented technology is registered as an approved cleanup technology in Mexico with SEMARNAT, a Federal regulatory agency, and has been used previously on a $1.5MM project in Torreon. The ex situ, above-ground, technology treats up to 500 cubic yards/hour of soil contaminated with hydrocarbons such as oil and diesel found at drilling sites and pipeline spills.
Pemex, the Mexico Federal oil company, has experienced many pipeline spills after 15 years of reduced maintenance of Pemex facilities and pipelines, some of which are 40 years old, because high taxes don't allow the company to keep enough of its own profit for investment. The company recently spent $1.5 billion to maintain oil pipelines and has shut down or reduced the use of 7 pipelines considered to be at risk in the southern states of Tabasco and Veracruz. Mexico City-based Pemex plans to double annual spending on maintenance to $3 billion for the next three years using approved cleanup technology like the Bio-Raptor[TM].