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PMDP Plateau Mineral Development Inc (CE)

0.000001
0.00 (0.00%)
26 Nov 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Plateau Mineral Development Inc (CE) USOTC:PMDP OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.000001 0.00 00:00:00

Plateau Mineral Development, Inc. Reaches Out to BP With Proposed Solutions to the Oil Spill in the Gulf of Mexico

06/07/2010 9:34pm

GlobeNewswire Inc.


Plateau Mineral Developm... (CE) (USOTC:PMDP)
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Plateau Mineral Development, Inc. (Pink Sheets:PMDP) announced today that representatives have reached out to BP in an effort to propose ideas on how to stop the oil leak in the Gulf. Also, PMDP proposed use of enzymes that "eat" oil to facilitate in situ cleanup. This is more environmentally friendly and less costly than most alternatives. No response has been received as of press time.

Plateau's partner company, Environmental Solutions (EnSol), has a technology that can be modified to assist in cleaning up oil spills such as the current Deep Horizon spill in the Gulf of Mexico.  While the EnSol technology would require some modifications to meet the exact needs, those changes would be minor. EnSol's technology can be used to reclaim the oil and tar, whilst restoring the beaches. It would take in a volume of contaminated sand, dissociate the components, extracting the oil and tar, thereby allowing clean sand to be deposited back onto the beach.

In addition, Plateau can provide enzymes that "eat" oil, allowing for in situ remediation of the marsh lands and sea grass along the Gulf shoreline. This process is environmentally safer, and less costly than other techniques such as burning and dredging.

Plateau Mineral Development released a statement on December 3, 2009 announcing that Environmental Solutions, LLC (EnSol) had successfully completed its report based on the environmental laboratory testing done over the summer months. The test results were obtained via natural processes that represented no environmental threat in and of themselves.

Robert Matthews of Plateau Mineral Development, Inc., states, "The oil spill in the Gulf of Mexico and its negative environmental impact is of significant importance. It is our goal to make contact with BP and share our ideas with them, and hopefully aid in the termination of the tragic oil leak."

About Plateau Mineral Development, Inc.: Plateau Mineral Development has been in existence for over five years.

Forward Looking Statements: This press release contains certain forward-looking statements. Investors are cautioned that certain statements in this release are "forward looking statements" and involve both known and unknown risks, uncertainties and other factors. Such uncertainties include, among others, certain risks associated with the operation of the company described above. The Company's actual results could differ materially from expected results.

CONTACT:  Plateau Mineral Development, Inc.
          410-242-0763

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