Imperial Petroleum Recovery Corporation Delivers Its Patented Microwave Separation Technology to ExxonMobil's African Pipeline Project.Business/Energy Editors HOUSTON--(BUSINESS WIRE)--Jan. 29, 2003 Imperial Petroleum Recovery Corporation (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :IREC IREC Interstate Renewable Energy Council IREC Inland Revenue Enquiry Centre (UK) IREC Interim Ricebird Embedded Crypto IREC Institut de Recherche Etudes Culturelles (Culturel Studies Research Centre) ) (IPRC IPRC Identification, Placement and Review Committee (education) IPRC International Pacific Research Center IPRC Indiana Prevention Resource Center (Indiana University) ) announced today that it has completed delivery to Kellogg Brown & Root of a comprehensive Emulsion Treatment Package for ExxonMobil's 660-mile pipeline construction project in Chad, Africa. The Emulsion Treatment Package incorporates IPRC's patented, high-tech, computer-controlled Microwave Separation Technology (MST See micro systems technology. ) for oil emulsion separation. This innovative oil recovery system can be used in both upstream and downstream environments within the petroleum industry to allow drillers, refiners and others to increase production, enhance throughput, reduce emulsion problems and increase profitability. The MST will be used to receive emulsions, consisting of oil, water and sand, which is a byproduct by·prod·uct or by-prod·uct n. 1. Something produced in the making of something else. 2. A secondary result; a side effect. Noun 1. of the oil production process. The MST separates the emulsion into oil, water and solids phases, thereby reducing the transportation of waste material and enhancing the quality of the oil sent through the pipeline. Both ExxonMobil Research and Engineering (EMRE) and the pipeline project's engineering and construction partner, Kellogg Brown & Root, evaluated the revolutionary technology prior to awarding the contract for the Emulsion Treatment Package to IPRC. The MST 1000 System will provide emulsion treatment for the $3.5 billion pipeline construction project currently underway in central Africa. Chris DeClaire, IPRC's recently appointed president and chief executive officer, said "Having both ExxonMobil and Kellogg Brown & Root select IPRC's patented Microwave Separation Technology for this oil production and pipeline project demonstrates MST's capability to extend beyond the refinery into the upstream arena." IPRC is the leading provider of an innovative microwave technology designed to treat and eliminate hydrocarbon emulsions that are an ever increasing global problem faced by the world's governments and industries. IPRC's patented and proven Microwave Separation Technology (MST) provides a clean, cost-effective and efficient solution for eliminating petroleum-generated emulsions that reduce production and create environmentally hazardous Environmentally hazardous is a chemical hazard, where significant damage to the environment is caused by a chemical substance. It is defined in the Globally Harmonized System and in the European Union chemical regulations. byproducts. IPRC is based in Houston, Texas “Houston” redirects here. For other uses, see Houston (disambiguation). Houston (pronounced /'hjuːstən/) is the largest city in the state of Texas and the , and is currently traded on the OTC Bulletin Board OTC Bulletin Board An electronic quotation listing of the bid and asked prices of OTC stocks that do not meet the requirements to be listed on the NASDAQ stock-listing system. under the stock symbol IREC. To learn more about IPRC, visit the company's Web site at http://www.iprc.com. Certain statements in this release are forward-looking. While these statements reflect the Company's beliefs, they are subject to uncertainties and risks that could cause actual results to differ materially. |
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