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UNRG United Energy Corporation (PK)

0.0455
0.0005 (1.11%)
27 Nov 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
United Energy Corporation (PK) USOTC:UNRG OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.0005 1.11% 0.0455 0.041 0.0597 0.0455 0.0421 0.045 93,644 22:00:01

United Energy Re-Establishes Sales in Nigeria

13/12/2007 4:51pm

PR Newswire (US)


United Energy (PK) (USOTC:UNRG)
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SECAUCUS, N.J., Dec. 13 /PRNewswire-FirstCall/ -- United Energy is pleased to announce, their distributor in Nigeria, (Facility Solutions Ltd.), has submitted to United Energy a sizeable purchase order for KX-91, to facilitate the cleaning of a holding tank of oil and sludge within Nigeria's substantial petroleum community. This project further substantiates the recognized value KX-91 has as a cost effective, environmentally safe approach to tank remediation. KX-91 liquefies the sludge formed in the tank and converts it from waste material to a sellable oil product. Once liquefied, the oil is separated from the water present to provide a product that is acceptable to refineries. Any inorganic material separates from the oil and is easily removed by conventional methods. Residual oil and sludges are removed from all metal surfaces, allowing treatments such as metal cleaning to be applied, thus restoring the tank to its original capacity. This is not the first tank to be cleaned with United Energy's chemical by Facility Solutions. Ronald Wilen, CEO, stated, "I am pleased with the effort and success that Facility Solution has had in Nigeria and envisions substantial growth in that part of the world." Forward-looking Statements Except for the historical information herein, the matters discussed in this news release include forward-looking statements that may involve a number of risks and uncertainties. Actual results may vary significantly based on a number of factors, including, but not limited to, risks in the product and technology development, market acceptance of the new products and continuing product demand, the impact of competitive products and pricing, changing economic conditions, including changes in short-term interest rates and foreign currency fluctuations and other risk factors detailed in United Energy's most recent periodic reports, pursuant to the Securities and Exchange Act of 1934, and other filings with the Securities and Exchange Commission. United Energy Corporation Contact: Robert Guinta (201) 842-0288 DATASOURCE: United Energy Corporation CONTACT: Robert Guinta of United Energy Corporation, +1-201-842-0288,

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