Scalada Holdings, Ltd. Explores Frac Water Remediation Plant With Local Owner at Eagle Ford Shale Play, Texas
Proprietary technology will allow cost effective mobile treatment.
- (1888PressRelease) January 12, 2013 - Singapore -- Scalada Holdings, Ltd. [http://www.scaladaholdings.net ] announced today that it has entered into discussions with an owner-operator in the Eagle Ford Shale Play to establish mobile onsite plants for the treatment of wastewaters resulting from hydraulic fracking for oil and gas production near Victoria in South Texas, USA. With the same owner, Scalada is also exploring possibilities for a joint venture to test for the recovery of heavy metals in the region.
The Eagle Ford is the most active shale play in the world, with approximately 250 oil rigs currently up and running. Operators indicate that the play will be developed for decades to come. Wells initially are producing 4,000 b/d oil, and all indications are that the play will redefine South Texas as a keystone of the oil industry.
Scalada Holdings, Ltd. [ http://www.scaladaholdings.net ] will discuss with the owner placement of its unique and patented on-site Elemental Ionization System which uses a special combination of elemental ion chargers and non-contaminating additives to clean up wastewaters in ways that are economical, environmentally friendly and profitable. The system has a distinct advantage over other frac water remediation systems of almost complete mobility.
The Eagle Ford Shale (EFS) is quite possibly the largest single economic development in the history of the State of Texas and ranks as the single largest oil and gas development in the world. Almost $30 billion will be spent to develop the play in 2013. The play had more than a $25 billion impact on the local South Texas economy in 2011.
According to Scalada CEO Manly Logan, "We are very pleased to be a potential stakeholder in this incredibly important energy development area. Our Elemental Ionization System is considered faster, cleaner, and more efficient than that of any other company worldwide, and it can be offered at a fraction of the price."
To learn more about Scalada Holdings Ltd., and its business of bringing green solutions to the global marketplace that produce sustainable outcomes, visit http://www.scaladaholdings.net.
Press & Media Contact:
Jeremy Merritt, Vice President
Scalada Holdings Limited
77 Robinsons Rd
Singapore 068896
+65 6809 2235
info ( @ ) scaladaholdings dot net
http://www.scaladaholdings.net
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