Press Release DOGT>PCT LTD UPDATES GRASSY CREEK O&G JV July 30, 2021 --- PCT LTD (“PCTL” OTC Pink) is excited to report they have formed a JV with Maverick Energy Services ( https://www.okmaverick.com/services ) for the purpose of testing and monetizing proprietary and patentable technology in the area of enhanced oil recovery. The JV will be known as Disruptive Oil & Gas Technologies Corp.
The plan calls for the JV to drill a series of infield wells in the Grassy Creek field of which Maverick and PCTL will be participating on a royalty basis. Maverick will be providing all the drilling services and PCTL will be selling their fluids to the JV which will be independently funded through a Reg D offering. These wells will be treated with a proprietary process using nano technology ( https://www.nanogastechnologies.com/ ). “We are very excited to infuse catholyte with the ‘Nanobubbles’ and expect a very substantial increase in oil recovery as well as significant savings in downhole treatments,” stated David Holcomb, PhD, Pentagon Technical Services. “This patentable process could be a real gamechanger in the oil patch.” Doug Humphries added, “This technology has the potential to reduce costs, prolong the life of the well and shake up the multi-billion dollar oil industry.” PCTL will continue to test, validate and hone this process, building a database of results so they can market and sell their services to the thousands of landowners and operators that provide the fossil fuels to heat and cool our homes and power our vehicles.
DE did open a distributorship in Colorado Springs—I’ve been by his location. He though was way ahead of most of us and saw the real potential in O&G. 2+ years later he is right and all of us who hung on because of his foresight are going to profit. I gambled a little this spring and sold most of my PCTL for a tax loss and put the cash in NSAV. That recouped my losses and I went back into PCTL. Now holding about 90% of my original holdings and in the green. Buying some at .009 really helped. I was in SHM* in ‘18/‘19 and PCTL has way more potential and upside.