LOS ANGELES, Calif., Sept. 16, 2014 (GLOBE NEWSWIRE) -- via PRWEB - OriginOil Inc. (OTC/QB:OOIL), developer of Electro Water Separation™ (EWS), the high-speed, chemical-free process to clean up large quantities of water, announced today that in a letter to shareholders, CEO Riggs Eckelberry reported on the company's recent entry into the frack water cleanup market in China.
In a video published today, Eckelberry interviewed OriginOil co-founder Nicholas Eckelberry on the results of recent tests of company technology which he carried out in Harbin, China. Nicholas also discussed the company's next steps to support China's reported trillion-dollar plan to clean up its air and water.
Also in the letter, CEO Eckelberry discussed an unexpected benefit of natural gas, which is helping renewable energy sources serve electrical grids reliably.
Eckelberry pointed out that more efficient water cleanup could be both profitable to the oil and gas industry, and also help it "get ahead" of local concerns. In particular, he cited Chevron's project to supply fresh water to local farmers in California.
The full report is now available on OriginOil.com's website at http://www.originoil.com/ceos-update/when-is-natural-gas-good.
Safe Harbor Statement:
Matters discussed in this release contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this release, the words "anticipate," "believe," "estimate," "may," "intend," "expect" and similar expressions identify such forward-looking statements. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein, and while expected, there is no guarantee that we will attain the aforementioned anticipated developmental milestones. These forward-looking statements are based largely on the expectations of the Company and are subject to a number of risks and uncertainties. These include, but are not limited to, risks and uncertainties associated with: the impact of economic, competitive and other factors affecting the Company and its operations, markets, product, and distributor performance, the impact on the national and local economies resulting from terrorist actions, and U.S. actions subsequently; and other factors detailed in reports filed by the Company.
This article was originally distributed on PRWeb. For the original version including any supplementary images or video, visit http://www.prweb.com/releases/2014/09/prweb12173312.htm