(MENAFNEditorial)
With major developments on the horizon and massive notoriety brought on by a global media blitz we believe OriginOil will be one company to continue to follow as countries work to develop more sustainable solutions for large scale environmental issues.
A Brief Update On The Company
OriginOil is the developer of Electro Water Separation™ (EWS) the high-speed chemical-free process to clean up large quantities of water. Sound simple right? The company has perfected the art of building a system that is completely scalable and can basically be installed on site and most facilities that handle anything from waste water treatment to hydraulic fracturing (fracking). EWS works in three parts:
1. Electro-Coagulation: contaminated water enters the first stage which is a proprietary electro-coagulation process. In this stage mild electrical impulses are applied in long tubes causing the organic contaminants to coagulate or “clump” together.
2. Electro-Oxidation: oxidizing agents are created that disinfects bacteria oxidizes soluble ions and breaks molecular chain of dissolved organics.
3. Electro-Flotation: the clumped-up material travels into a second stage where low power electrical pulses generate a cloud of micro-bubbles that gently lifts the concentrate to the surface for harvesting.
The harvested concentrate can be made up of chemical waste valuable petroleum or useful algae feedstock.
What Has OOIL Done?
Over the last year or so OriginOil has been developing its technology into a demonstrable and scalable model that it has showcased mainly to its “low hanging fruit” in the oil and gas space. The company successfully proved that the technology could remove solids and other waste byproducts up to 99.5%.
Since hosting demonstrations in Colorado and Texas OriginOil has taken off. Not only has the company closed on a licensing deal with Industrial Systems who has turned around and sold 4 systems to a company in Trinidad and Tobago but Origin has also closed a deal with Oman’s Gulf Energy for a 7 figure commercial order of its CLEAN-FRAC 5000 system designed to process five thousand barrels per day (bpd) for the company’s growing oil services business. This was all in a matter of months…
What’s Next?
Beyond the two major sales events Origin has been gaining incredible attention on a global scale. In October OOIL announced that it has received its third international patent for its core technology from the China Patent Office. The invention titled “Systems apparatus and methods of obtaining intracellular products and cellular mass and debris from algae and derivative products and process of use thereof” was previously issued as patent number 5284536 in Japan and previously issued as patent 2010239380 in Australia . The application has also been published by the European Patent Office (EPO) under the Patent Cooperation Treaty (PCT).
And if that wasn’t enough OOIL’s technology has just recently caught major media attention. Earlier in November the Company was featured in an exclusive on AlJazeera America’s series TechKnow which highlighted OriginOil’s massive market opportunity in water remediation especially for fracking applications. In the episode CEO Riggs Eckelberry states that “The beauty of the OriginOil system is 3-fold. Of course the top reason is recycling the water especially with this increasingly precious resource. Secondly if it turns out that the fracking process is the cause of the recent swarm of earthquakes the process could help calm the core of the earth. But the reason that could convince the gas industry to embrace the system is financial. OriginOil’s tanks are small enough and mobile enough to install right at the frack site.”
In essence OriginOil has a long term vision for its EWS technology that goes far beyond simple fracking applications. The hope is to one day be able to reuse this water for farming applications and to be able to effectively expand the technology to other uses like algae harvesting and waste water treatment. For now we think that this is one small cap to take notice of especially after having seen the increased attention that has followed the Company’s worldwide media debut.
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