SHERIDAN, WY / ACCESSWIRE / January 20, 2015 / Next Fuel, Inc. (OTCQB: NXFI), a technology provider and service company that offers services to the oil and gas industry announced it has initiated discussions with operators in the Williston Basin of North Dakota and Montana, and the DJ Basin of Colorado for water treatment opportunities utilizing the Company's patented Integra Disc Filtration System. The system application is for treatment of oil field produced and Frac flowback water. The Integra is geared for removing suspended solids in high volume applications offering minimum maintenance and down time verses typical sock or bag filter configurations.
"As we expand our coverage universe to additional oil & gas producing basins, it is important to note that our Integra system has been field proven with prior extensive and successful operating history in the Marcellus Shale in Pennsylvania as well as other producing basins in Texas", stated Robert Craig, Chairman and CEO of Next Fuel, Inc. "Our charge will be to initiate operations in producing fields that target the most timely return on investment for our fledgling company as well as pursuing opportune applications in other industries", concluded Mr. Craig.
About Next Fuel, Inc.
Next Fuel, Inc. is a technology provider and service company that offers services to the oil and gas industry. The Company is focusing its efforts on water treatment technologies that offer solutions for low cost, high volume commercial remediation.
The Company continues to develop its Low Energy-input Pervaporation Technology for providing the oil and gas industry with a new cost-effective method for treating waste water that contains the most environmentally challenging, high salt, and total dissolved solids used or produced in U. S. oil and gas operations.
In collaboration with leading research institutes, Next Fuel, Inc. intends to identify, develop or acquire a portfolio of growth opportunities with compelling market potential that are consistent with clean energy and environmental stewardship. Current projects for longer term commercialization include processes for carbon dioxide conversion and carbon loop closure, and biological fuel cells.
Forward-Looking Statements
This announcement contains forward-looking statements, including statements regarding the timing of future acquisitions and future products and services to be offered by the Company, all of which involve risks and uncertainties. Actual results could differ materially from those discussed. Factors that could cause or contribute to such differences include, the results of due diligence investigations, negotiations between the Company and Layne Christensen Company, and other factors discussed in the Company's filings with the Securities and Exchange Commission. All forward-looking statements are based on information available to the Company as of the date of this news release, and the Company assumes no obligation to update such statements.
For additional information, please visit the Company's website: www.next-fuel.com, or contact:
Rob Kindle
Next Fuel, Inc.
(307) 674-2145
Email: [email protected]
SOURCE: Next Fuel, Inc.