Westmont's "FracSolv(TM)" Successfully Completes All Laboratory Tests Opening the Door to Enter $32 Billion Hydraulic Fracturing Market
Share:
BELLEVUE, Wash. - Westmont Resources, Inc. (OTCQB: WMNS) ("Westmont"), announces today that it has successfully completed all five laboratory tests required to begin field usage of "FracSolv(TM)," our all-natural 100% biodegradable and environmentally safe fracturing solution for deployment in the oil and natural gas drilling industry. FracSolv was developed exclusively for Westmont. The final 6-month laboratory freeze test was successfully completed on September 21, 2011 opening the door for full field-testing and application of the product.
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.
"FracSolv solves several problems in hydraulic fracturing water handling and disposal, while lessoning long term environmental liabilities for natural gas companies. FracSolv is a cost effective and environmentally sound component of an integrated frac water management system. The FracSolv process assists in separating oil and natural gas from the wastewater and reducing the total dissolved solids below current EPA and State drinking water standards of 500 parts per million," stated Bruce Fischer, Chairman of Westmont.
The FRAC Act (2011), would require energy companies to disclose chemicals used in hydraulic fracturing, and most importantly, close a loophole that exempts drilling operators from drinking water regulations. FracSolv meets these standards today. "As we recognize the need for energy independence through oil and natural gas exploration, it is imperative to ensure the process for extracting natural gas be done safely and responsibly. Our company is guided by solid scientific principles innovatively applied to benefit industry and society," stated Glenn McQuiston, President of Westmont.
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.
SOURCE
Westmont Resources, Inc.
Web Site: www.westmontresources.com
