United Terra Enterprises PLC
TERRAOIL SWISS AG: Terraoil Announces Enhanced Oil Recovery with High Pressure Nitrogen Stimulations
EQS Group-News: TERRAOIL SWISS AG
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NOT FOR PUBLICATION OR DISTRIBUTION IN THE UNITED STATES OF AMERICA, AUSTRALIA, CANADA, JAPAN, THE UNITED KINGDOM, THE EUROPEAN ECONOMIC AREA OR IN ANY OTHER JURISDICTION IN WHICH SUCH PUBLICATION OR DISTRIBUTION WOULD NOT BE IN COMPLIANCE WITH APPLICABLE LAWS AND REGULATIONS Terraoil Announces Enhanced Oil Recovery with High Pressure Nitrogen Stimulations
Peter Krempin, Chief Executive Officer and Co-Founder of Terraoil said: “Due to the introduction of significant volumes of nitrogen, surfactants and viscosity which improve the mobility of the oil, we have achieved a natural flow at surface as high as 70 barrels per day. This is significantly higher volumes of oil per day than expected. Therefore, nitrogen stimulations will continue to be utilized in our operations as we evaluate its effectiveness in increasing production at Visoka.” About Terraoil Swiss AG For further details, please contact Peter Krempin, CEO Legal Notice This media release serves informational purposes and constitutes neither an offer to sell nor a solicitation or an advertisement to buy any shares of Terraoil Swiss AG in any jurisdiction. This media release does not constitute a prospectus within the meaning of Article 35 et seqq. of the Swiss Federal Act on Financial Services. This media release and the information contained therein are not being issued in the United States of America, Australia, Canada, Japan, the United Kingdom or the European Economic Area and must not be distributed within or to such countries or via publications with a general circulation in such countries.
End of Media Release |
Language: | English |
Company: | TERRAOIL SWISS AG |
Industriestrasse 47 | |
6300 Zug | |
Switzerland | |
Phone: | +41 71 544 01 20 |
Fax: | +41 71 535 59 08 |
E-mail: | info@terraoil.swiss |
Internet: | terraoil.swiss |
ISIN: | CH0369663445 |
Valor: | 36966344 |
EQS News ID: | 1223239 |
End of News | EQS Group News Service |