Dow Chemical Veteran Bill Charneski to Head OriginOil's Petro
OriginOil Inc. (OTCBB: OOIL),
developer of Electro Water Separation TM (EWS),
the high-speed, chemical-free process to clean up large quantities of
water, today announced plans to open a satellite office in the Houston,
Texas "Energy Corridor." Veteran Dow Chemical manager Bill
Charneski has been named general manager of the company's Petro unit
and will divide his time between the Los Angeles headquarters and the
"Companies focused on penetrating the oil and gas industry must have a
Houston base," said Riggs
Eckelberry, OriginOil CEO. "Bill Charneski has done a standout job
of developing our oil and gas water cleanup business, making him the
natural choice to head our new Petro business unit as its general
manager, with the intention of developing a wholly-owned subsidiary with
Bill as its President."
"I am very pleased that OriginOil will now have a Houston base in the
heart of the energy business," said Dr.
R. Gerald Bailey, OriginOil's Industry Advisor and formerly
President of Exxon for the Arabian Gulf, Abu Dhabi, and UAE. "I predict
enhanced deal flow from the move, which I will be able to materially
assist from my own Houston location."
"This is an excellent move," said Andy Komor, VP of Environmental Water
OriginOil's first oil and gas licensee. "While there's plenty going on
in California, Texas remains the industry's power center and OriginOil
will do well there."
PACE subsidiary PEARL H2O is currently building its first
demonstration-scale petroleum water cleanup system, powered by
OriginOil's EWS as the first separation stage. A public launch of this
system is planned for the current quarter at a working site in
California's Monterey Formation.
Mr. Charneski is a key player in OriginOil's oil and gas initiative: his
discussions with PACE in May of 2012 led to the discovery that Electro
Water Separation technology could have application in the treatment of
frac flowback and produced water. Since then, Bill has been responsible
for the appointment of licensees such as PEARL H2O and Industrial
Systems, Inc. and is currently focusing on building a network of EWS
Petro licensees around the world.
Tweet this: OriginOil Opens Houston Satellite Office to Better Serve Oil
and Gas Industry http://www.originoil.com/?p=13059
Follow us on Twitter
Like us on Facebook
Signup for our Newsletter
About OriginOil, Inc.
OriginOil has developed a breakthrough water cleanup technology for the
oil & gas, algae and other water-intensive industries. Unlike other
technologies, the company's patent-pending Electro Water Separation TM
process rapidly and efficiently removes organic material from large
quantities of water without the need for chemicals. For the oil & gas
industry, OriginOil is helping clean up produced water and recycle
fracking water, to reduce harm to the environment and lower costs. For
the emerging algae industry, OriginOil is making large-scale harvest
possible. And in aquaculture, OriginOil is helping improve yields and
making seafood healthier by dramatically reducing the levels of toxic
ammonia and bacteria in water. For a world short on clean water,
OriginOil is the lower-cost and cleaner answer. To learn more about
OriginOil®, please visit our website at www.originoil.com.
OriginOil Safe Harbor Statement:
Matters discussed in this release contain forward-looking statements
within the meaning of the Private Securities Litigation Reform Act of
1995. When used in this update, the words "anticipate," "believe,"
"estimate," "may," "intend," "expect" and similar expressions identify
such forward-looking statements. Actual results, performance or
achievements could differ materially from those contemplated, expressed
or implied by the forward-looking statements contained herein. These
forward-looking statements are based largely on the expectations of the
Company and are subject to a number of risks and uncertainties. These
include, but are not limited to, risks and uncertainties associated with
our history of losses and our need to raise additional financing, the
acceptance of our products and technology in the marketplace, our
ability to demonstrate the commercial viability of our products and
technology and our need to increase the size of our organization.
Further information on the Company's risk factors is contained in the
Company's quarterly and annual reports as filed with the Securities and
Exchange Commission. The Company undertakes no obligation to revise or
update publicly any forward-looking statements for any reason.
Abstract: OriginOil opens Houston satellite office to better
serve Oil and Gas Industry; Dow Chemical Veteran Bill Charneski to head
OriginOil's Petro business unit
Key Words: originoil, originoil inc, ooil, origin oil, oil & gas
technology, oil & gas cleanup, frac water cleanup, electro water
separation, EWS, clean-frac, algae appliance, riggs Eckelberry, frac
cleanup, hydraulic fracturing cleanup, produced water cleanup, invest
algae, invest oil & gas, new oil, algae oil, oil and gas extraction,
Bill Charneski, EWS Petro, Andy Komor, Energy Corridor, Dow Chemical,
Petro unit, Gerald Bailey, PACE, PEARL H2O, EWS Petro licensees
Antenna Group ? a Beckerman Company
877-999-OOIL (6645) Ext. 3
International: +1-323-939-6645 Ext. 3