Ecosphere Chairman And CEO Charles Vinick Discusses Chemical-Free Water Treatment For Hydraulic Fracturing On Bloomberg Radio's 'Taking Stock'
Stuart, FL (GLOBE NEWSWIRE) -- Ecosphere Technologies, Inc. (OTCBB:ESPH) Chairman and CEO Charles Vinick appeared on Bloomberg Radio's "Taking Stock" on Tuesday, May 29th to discuss the Company's chemical-free water treatment process for recycling water during hydraulic fracturing operations. To listen to the complete interview, please visit: http://media.bloomberg.com/bb/avfile/Markets/Analyst_Calls/vhjhCF2tU6pc.mp3
"What we have been laser focused on for the last two years is treating produced and flowback waters in the hydraulic fracturing activities of oil and gas companies," Vinick told "Taking Stock" hosts Pimm Fox and Courtney Donohoe. "We use and have invented an advanced oxidation process to treat water on the front end of the frac and at the flow rate of the frac, eliminating liquid biocides and chemicals for bacteria growth and scale inhibition, and allowing 100% recycling of the flowback and produced waters."
When asked about the cost of Ecosphere's technology, Vinick explained, "We wouldn't have been on the second well if we weren't producing a cost-effective solution for E&P companies."
Ecosphere Technologies has pioneered the recycling of produced and flowback waters onsite so that oil and gas exploration and production companies can reuse 100% of the water used during hydraulic fracturing. The company addresses the typical challenges of treating high levels of bacteria and biofilms in production waters with its patented Ozonix technology, a chemical-free water treatment process that is deployed to oil and gas sites in mobile equipment. Ozonix destroys bacteria and inhibits scale formation effectively without the use of liquid chemical biocides and scale-inhibitors.
About Ecosphere Technologies
Ecosphere Technologies, Inc. (OTCBB:ESPH) is a diversified water engineering, technology licensing and environmental services company that designs, develops, and manufactures wastewater treatment technologies for a variety of industrial markets. The company provides environmental services and technology solutions for large-scale, sustainable applications across industries, nations and ecosystems.
Ecosphere is currently driving clean water innovation with its patented Ozonix advanced oxidation technologies and mobile, low-maintenance water treatment systems. Ecosphere's patented Ozonix technology is a high-volume, advanced oxidation process designed to recycle water while reducing liquid chemicals used during water treatment applications. A recipient of Frost & Sullivan's 2012 North American Product Leadership Award in Disinfection Equipment for Shale Oil and Gas Wastewater Treatment, Ecosphere has enabled oil and gas customers to recycle and reuse over 1 billion gallons of water on approximately 500 oil and natural gas wells in major shale plays across the country since 2008.
For more information, please visit www.EcosphereTech.com.
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Source: Ecosphere Technologies, Inc.
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