Westmont Exclusive Worldwide Distributor of "FracSolv"
Westmont Resources, Inc. (OTCQB: WMNS) (PINKSHEETS: WMNS) ("Westmont") announces today that it has completed the final Agreement with NuEarth Corporation ("NuEarth") for the exclusive manufacturing and distribution of "FracSolv," our all-natural 100% biodegradable and environmentally safe fracturing solution for deployment in the oil and natural gas drilling industry.
The agreement between Westmont Resources Inc and NuEarth Corporation was completed on the 25th of February 2011 and the resulting FracSolv product line will be sold worldwide exclusively under contract by Westmont Resources Inc. FracSolv was developed exclusively for Westmont in a collaborative effort between NuEarth Corporation R&D, TerraSolv Laboratory, and the Avalon Group Ltd R&D. FracSolv formula is loosely based on The Avalon Group Ltd's original AquaSolv product formulation.
FracSolv is a Surfactant based, Anionic Polyacrylamide (PAM) that acts as a stable colloidal particle dispersion solution. The micro-particles in FracSolv utilize the mechanism of disjoining pressure once the micro-particles encounter a discontinuous phase. FracSolv acts to separate oil and natural gas from the formation's surface, thereby accelerating the recovery of oil and natural gas reservoirs. The FracSolv solution has no systemic toxicity to any aquatic organisms or microorganisms and remains 100% biodegradable and environmentally safe throughout its useful product lifespan.
About Westmont Resources
Westmont Resources is an independent natural resource and development company headquartered in Bellevue, Washington, with principal operations in the United States. Westmont's business model emphasizes the acquisition and operation of existing producing assets, in the oil and gas industry. As new technologies expand both the exploration possibilities and production of oil and gas in the face of ever-rising demand, obtaining peak efficiency and production from existing aging wells becomes increasingly profitable. Westmont Resources is committed to significant growth as it pursues its strategy to combine and consolidate assets and companies in the oil and natural gas production and services sectors. For more information about Westmont Resources Inc, visit the company's website at www.westmontresources.com
About NuEarth Corporation
NuEarth Corporation is a company dedicated to bringing to market "Clean Solutions to Complex Problems" by offering a wide range of biodegradable, environmentally friendly products and technologies that will substitute for many of the hazardous chemicals commonly used all over the world. For information about NuEarth Corporation and its product offerings visit us on the web at www.nuearthcorp.com.
