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Barrel Energy (OTC: BRLL) acquired Happy Traps, a Portland, Maine waste-to-energy and environmental services company, on March 25, 2026. The deal adds a business with 200+ recurring commercial clients, >3,500 grease trap cleanings and customer retention above 95%.
The acquisition positions Barrel Energy to expand its renewable environmental infrastructure and subscription-based grease-management services into a U.S. market estimated at $8+ billion, with planned fleet and technology expansion driving growth.
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Barrel Energy Inc. (OTC Markets: BRLL) has announced significant progress in its compliance with SEC regulations. As of September 30, 2021, the company has completed two years of PCAOB qualified financial statements and is nearing the completion of its 2022 10K filings. Barrel has appointed Olayinka Oyebola & Company as its new auditor to facilitate this process. Once the financial statements are finalized, the company will file a Form 10 and submit an application for Form 15-C-211. Barrel Energy is also planning to provide updates on new intellectual property developments shortly. The company is actively involved in the green energy and battery minerals sector, focusing on initiatives related to Electric Vehicle batteries.