Hydrogen Production Technology for Natural Gas
Production Adds to Revenue Growth Opportunities in Alternative
Fuels Sector
Coral Springs, FL -- September 7, 2016 -- InvestorsHub NewsWire
-- The alternative fuels sector continues to see various forms of
growth in areas such as hydrogen based fuels and carbon fuel cell
technology. The Carbon Fuel Cell Technology industry as
example is poised to jump in growth as production companies refine
the newest and innovative technologies for natural gas producing
opportunities.
Xfuels Inc. (OTC:
XFLS) is pleased to report on joint venture progress.
Area 2 Energy completed swabbing its first test group of 7 wells
and results were very encouraging. Swabbing is a method of
removing water from the wells in order to allow the gas to flow
better which translates into increased production. Prior to
the swabbing the group of wells was producing an average of 68
GJ/day and post swabbing an immediate increase was recorded of 230
GJ/day giving a net increase of approximately 230%.
Read the full Xfuels (XFLS)
Press Release at: http://financialnewsmedia.com/profiles/xfls.html
Mr. Michael McLaren states The increase in natural gas
production represents a group of some of our best producers and as
we begin to clean out more wells we believe the results will be as
impressive. He further stated The test swabbing is proof that by
implementing the full capital plan to increase the well production
will dramatically increase profitability. Area 2 will
continue the swabbing program on 100 additional wells over the next
few weeks as per the capital plan and will analyze the
results. Area 2 currently owns and operates 350 wells on the
Atlee property. XFLS closed up over 40% yesterday on over 4
Million shares traded by the market close ahead of today's breaking
news.
In other emerging OTC companies active in the markets:
Solaris Power Cells, Inc. (OTC:
SPCL) closed up over 120% on Tuesday trading over 168 Million
shares by the market close. Solaris Power Cells. is a developmental
stage diversified "Green" Energy Storage manufacturer offering
residential and commercial users turnkey, renewable energy storage
solutions (ESS). Solaris manufactures the Solaris PESA(TM) "Passive
Electron Storage Array"(TM), for limited use electric vehicles such
as golf cars and Mega Energy Storage Systems
Brazil Resources Inc. (OTCQX:
BRIZF) closed up almost 5% at $2.16 over over 1 Million shares
traded by the market close. Brazil Resources recently announced
that it has completed the acquisition of Sunward Investments
Limited, which owns 100% of the Titiribi Gold-Copper Project (the
"Titiribi Project"), from NovaCopper Inc. ("NovaCopper") pursuant
to the terms of the share purchase agreement (the "Agreement")
between the parties previously announced by the Company on August
18, 2016.
SandRidge Energy, Inc. (OTC:
SDOCQ) closed down over 18% on Tuesday on over 9.4 Million
shares traded by the market close. SandRidge Energy, an energy
company, engages in the exploration, development, and production of
crude oil, natural gas, and natural gas liquids primarily in the
area of Mid-Continent in Oklahoma and Kansas.
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