Westmont Moves Toward Goal of Clean Energy Extraction
BELLEVUE, Wash., April 13, 2011 /PRNewswire/ -- Westmont Resources, Inc. (OTCQB: WMNS) ("Westmont"), today announces it is closer to reaching its goal, through the introduction of Eco-Recovery4 (ER4), to dramatically reduce the adverse environmental impacts of competing conventional oil and gas extraction methods. This increases the potential for universal acceptance of ER4 as the preferred extraction alternative by operators, regulators, environmentalists and the public. Operators will also enjoy significant cost advantages as ER4 yields superior extraction results and negates the costs of environmental damage mitigation.
A key component of ER4 is the re-injection, after heating and pressurizing; of the well's own naturally produced gases. The re-injected gases under intense pressure and heat facilitate the heavy oil extraction process. When coupled with the utilization of FracSolv™, another ER4 component, the technology is readily adaptable to Shale fracturing systems.
FracSolv™ is an all-natural 100% biodegradable Surfactant based, Anionic Polyacrylamide (PAM) that acts as a stable colloidal particle dispersion solution. The micro-particles in FracSolv™ utilize the mechanism of disjoining pressure once the micro-particles encounter a discontinuous phase. FracSolv™ acts to separate oil and natural gas from the formation's surface, thereby accelerating the recovery of oil and natural gas reservoirs. The FracSolv™ solution has no systemic toxicity to any aquatic organisms or microorganisms and remains 100% biodegradable and environmentally safe throughout its useful product lifespan. FracSolv™ was developed exclusively for Westmont and the proprietary formula is a protected trade secret of Westmont Resources Inc.
ER4 provides a net neutral environmental impact with no contamination as is generally the case with other competing extraction methods such as steam injection and the common introduction of nonbiodegradable chemicals.
About Westmont Resources
Westmont Resources is an independent natural resource and development company headquartered in Bellevue, Washington, with principal operations in the United States. Westmont's business model emphasizes the acquisition and operation of existing producing assets, in the oil and gas industry. As new technologies expand both the exploration possibilities and production of oil and gas in the face of ever-rising demand, obtaining peak efficiency and production from existing aging wells becomes increasingly profitable. Westmont Resources is committed to significant growth as it pursues its strategy to combine and consolidate assets and companies in the oil and natural gas production and services sectors. For more information about Westmont Resources, Inc., visit the company's website at www.westmontresources.com
Safe Harbor Statement
This press release contains forward-looking statements regarding Westmont Resources, Inc. within the meaning of Section 27A of the Securities Act of 1933 as amended, as such, may involve risks and uncertainties. Such statements are based on management's current expectations and cannot be guaranteed. The forward-looking statements discussed in this release may not occur and actual results could differ materially as a result of known and unknown risk factors affecting Westmont Resources, Inc. Forward-looking statements speak only as of the date on which they are made and Westmont Resources, Inc. undertakes no obligation to publicly revise any forward-looking statement based on the result of new information, future events, or otherwise.
SOURCE Westmont Resources, Inc.
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