LiqTech International, Inc. announced the receipt of a significant order for a containerized pilot system for produced water treatment from Razorback Direct Oilfield Solutions and Services LLC, a Houston based company providing water treatment solutions consulting for oil & gas water treatment in the U.S. This order becomes the first U.S.-based oil & gas produced water order for LiqTech, marking a significant milestone in the Company's efforts to expand it operations in North America. In February, LiqTech entered into a distribution agreement with Razorback Direct to commercialize its produced water treatment filtration for re-injection and reuse, as well as lithium harvest in the U.S. including Texas, Oklahoma, Louisiana, Ohio, and Pennsylvania. The containerized pilot system that Razorback Direct has acquired will be used at a customer site to test, demonstrate and document the efficiency of LiqTech's ultrafiltration technology in treating produced water to facilitate beneficial industrial reuse and meet current and future regulatory requirements.

Longer term, the strategic intention is to use the results from this pilot operation as the basis to design and implement full-scale commercial systems for the onshore oil & gas application in the U.S. The pilot system leverages LiqTech's proven silicon carbide ceramic membranes technology and is similar, yet further developed from, the commercial test unit that was deployed in May 2022 in the Middle East. The Middle East system has been successfully operating for the past two years, with more than 99% of the feedwater passing through delivered back as clean brine (permeate), exceeding the performance requirements originally defined by the end user. Furthermore, the system operates with a minimal amount of chemicals while demonstrating excellent energy efficiency.

Their end goal is to help operators lower their OpEx by deploying highly efficient chemistry enabled solutions. The company's core mission revolves around managing natural resources, reducing waste and assisting oil and gas operators extract the most value from subsurface produced resources. The newly formed collaboration with LiqTech, along with the recent order, enhances Razorback Direct's produced water treatment value proposition by bringing highly complementary ceramic ultrafiltration technology to customers.