NEW YORK, Oct. 8, 2014 /PRNewswire/ — Analyst report by Small Cap IR. OriginOil, Incorporation (OTCBB: OOIL) is a development-stage company, currently developing a technology to produce a bio-fuel from algae through a cost-effective, high-speed manufacturing process to replace petroleum in various applications such as diesel, gasoline, jet fuel, plastics and solvents.
The company’s Electro-Water Separation™ (EWS) process, with its patent pending devices and methods, rapidly removes organic material from large quantities of water without the need for chemicals. For the oil & gas industry, OriginOil is helping clean up produced water and recycle fracking water, to reduce harm to the environment and lower costs. For the emerging algae industry, OriginOil is making large-scale harvest possible. And in aquaculture, OriginOil is helping improve yields and making seafood healthier by dramatically reducing the levels of toxic ammonia and bacteria in water.
Interest in the stock of OOIL reached to high levels as the company announced the launch of the company’s CLEAN-FRAC™ industrial grade demonstrator in West Texas. Immediately upon startup, the system ramped up to 1000 barrels per day (bpd) and achieved a 99.8% reduction in Turbidity on flow back water from various sites in the Midland, TX area.
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View original article at: OriginOil Incorporation Analyst Brief; Environmentally Friendly Fracking, by Small Cap IR