CLWT RCON - twas just a matter of time before they found CLWT as a fracing play
"We have gained valuable experience by cooperating closely with an Israeli engineering company to submit proposals for wastewater treatment for fracking water in oil and gas industry. In October, we took part in the 3rd ECF Asia Shale Gas Summit (Shanghai) 2013, and have realized that there are enormous opportunities for treating fracking water in China in the near future. As China does not want to rely heavily on imported oil and wants to tap its huge shale gas resources and develop its shale gas industry."
In Shale-gas drilling operations, a huge amount of water is injected deep underground, along with sand and chemicals to fracture shale rock and extract the embedded natural gas. Some of that water returns to the surface immediately after the fracturing (fracking). The rest comes back over the course of months and years. The result is that each well brings up a large amount of fracturing wastewater (fracking water) and many companies are after this wastewater treatment business.
Heck, even CHGS launching on the fracing angle.
Solid DD combined with timeliness and conviction is a recipe for profits.
