CYBER ENVIRO-TECH CRITICAL TESTING OF PROPRIETARY WATER SYSTEM COULD LEAD TO MAJOR CONTRACTS
Rhea-AI Summary
Cyber Enviro-Tech (OTCQB: CETI) is conducting critical testing of its advanced water purification technology for the oil and gas industry. The company aims to transform highly contaminated produced water from oil operations by reducing Total Dissolved Solids from 300,000 ppm to EPA standard of 500 ppm.
If successful, this breakthrough could secure contracts worth over $100 million annually. The technology offers an environmentally responsible alternative to deep underground injection, addressing a significant issue in Texas where over 10 billion barrels of produced water are injected underground yearly.
The solution targets produced water - a byproduct of oil and gas extraction containing high levels of salts, hydrocarbons, and heavy metals. Company President TJ Agardy emphasizes this testing as a crucial milestone for water conservation and environmental sustainability. Laboratory results are expected in the coming weeks.
Positive
- Testing of water purification technology could lead to potential contracts worth over $100M annually
- Technology aims to meet EPA standards by reducing contamination from 300,000 ppm to 500 ppm
- Targeting large market opportunity - Texas alone processes 10 billion barrels of produced water annually
- Solution offers cost-effective alternative to current water disposal methods
Negative
- Testing phase is still ongoing with no guaranteed success
- Laboratory results are pending and not yet verified
- No current contracts or revenue from the technology
- Dependent on successful independent laboratory verification
News Market Reaction
On the day this news was published, CETI declined 4.86%, reflecting a moderate negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
Produced water — a byproduct of oil and gas extraction — typically contains high concentrations of salts, hydrocarbons, heavy metals, and other contaminants, making it one of the most difficult industrial wastewaters to treat. CETI's testing aims to demonstrate the ability to purify this highly contaminated water, reducing Total Dissolved Solids levels from 300,000 parts per million to the Environmental Protection Agency standard of 500 ppm.
Upon successful verification by independent laboratory results, CETI's technology would enable the recycling of produced water for reuse in the oil industry — offering a more environmentally responsible and cost-effective alternative to the current practice of deep underground injection. As an example, in
"This testing represents a significant milestone in our mission to transform the most challenging wastewater into valuable resources," said TJ Agardy, President of Cyber Enviro-Tech, Inc. "The ability to purify produced water from oil operations to EPA standards has enormous implications for water conservation and environmental sustainability."
The Company expects to receive laboratory results in the coming weeks and will provide updates as they become available.
ABOUT CYBER ENVIRO-TECH, INC.
Cyber Envıro-Tech, Inc. (CETI) operates internationally in eco-conscious oil sludge, water, and soil remediation projects. Using proprietary bioremedial materials and technologies, CETI extracts and eliminates hazardous waste materials from sludge ponds, contaminated oil, industrial wastewater and soil. CETI's solutions integrate Fourth Industrial Revolution technologies - machine learning, artificial intelligence, cloud computing, and SCADA systems - alongside non-chemical bioremediation techniques. The company specializes in cleaning oil sludge ponds, storage tanks, mining sites, and other wastewater sources.
FORWARD-LOOKING STATEMENTS
This press release contains forward-looking statements that reflect CETI's expectations regarding future financial performance, project developments, regulatory approvals, and business strategies. These statements are not guarantees of future results, and actual outcomes may differ due to various risk factors, including regulatory changes, market fluctuations, and operational challenges. CETI assumes no obligation to update any forward-looking statements to reflect changes in circumstances after the date of this release.
CONTACT:
Winston McKellar,
Dir of IR/PR
Cyber Enviro-Tech, Inc.
6991 E. Camelback Rd., Suite D-300
Website: www.cyberenviro.tech
866.687.6856
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SOURCE Cyber Enviro-Tech