Customer located in Murray County, OK
LITTLE RIVER, South Carolina, Dec. 2022 (GLOBE NEWSWIRE) — via NewMediaWire – PCT LTD (“PCTL” OTC Pink): 21st Century Energy Solutions Inc., a subsidiary of PCTL, announces a new client in our Enhanced Oil Recovery (EOR). The project is located in the Oil Creek Formation, Murray County, OK.
Initial well treatment was performed by our partner, Maverick Energy Solutions, Holdenville, OK, using 21st Century Energy Solutions’ “Super-Catholyte” ECA priority.
The well is currently closed for a few days, as planned.
Our client’s wells in the Oil Creek formation typically have an initial production of five barrels per day with little or no water.
We will post additional information as soon as the results are available.
About PCT LTD:
PCT LTD (“PCTL”) focuses its business on the acquisition, development and supply of sustainable and environmentally friendly disinfection, cleaning and monitoring technologies. The company acquires and owns the rights to innovative products and technologies, which are marketed through its wholly owned subsidiaries, Paradigm Convergence Technologies Corporation, 21st Century Healthcare, Inc. and 21st Century Energy, Inc.
Forward-looking statements:
This press release contains “forward-looking statements. Any statements that express or imply discussions regarding predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions, or future events or performance are not not statements of historical fact and may be” forward-looking statements. Such statements involve risks and uncertainties, including, but not limited to: PCTL’s ability to raise sufficient funds to meet its working capital requirements; PCTL’s ability to execute its business plan; benefits arising from the transfer of assets in the two subsidiaries; the ability of subsidiaries to attract investment and strategic alliance opportunities; and any other effects resulting from the information disclosed above. Important factors that could cause actual results to differ materially from the forward-looking statements made by PCTL in this press release include market conditions and those set forth in any reports or documents it files from time to time with the SEC. PCTL undertakes no obligation to revise or update these statements to reflect current events or circumstances after the date hereof or to reflect the occurrence of unforeseen events.
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