Small Cap Reporter's  Instablog

Small Cap Reporter
Send Message
I'm an avid trader and stock market analyst. I'm always on the hunt for a great day trade or swing trade and of course look for the next stock to hit a home run and make it from the OTC to the big boards. Fundamentally, I'm a trader and my decisions are day to day 60% of the time. I look over... More
My company:
Small cap reporter
My blog:
Small Cap Reporter
  • OriginOil Attracts Potential Customers Through Latest CLEAN FRAC Demo 2 comments
    Aug 8, 2014 9:49 AM | about stocks: OCLN

    Yesterday OriginOil, Inc (OOIL) announced continued success from demonstrations of its CLEAN FRAC technology. Not only does it boast an incredible ability to remediate dirty frac water but it can also do so at extremely superior energy usage rates.

    In yesterday's announcement, the company found even more favorable demonstration results from third party testing company, Lizard Analytical Laboratories. Results of the study can be found HERE. Of note, the CLEAN FRAC system was able to remove:

    99.5% Turbidity
    90.3% Suspended Solids
    90.5% Oil & Grease

    "We are now scheduling multiple customer site trials and intend to continue to publish performance results and case studies from these test sites.," stated Lee Portillo, VP of Engineering for OriginOil.

    Bill Charneski, President of OriginOil's Oil & Gas Division explained that many of Origin's potential customers have been asking for these third party results which the company now has available. The expectation now is that these results will accelerate Origin's sales process which, in my opinion is the obvious next step after posting such positive results over the last few months from several third party testing facilities.

    When it comes to energy efficiency, OriginOil, Inc.'s (OOIL) EWS technology has shown to be 60% more energy efficient than that of Halliburton, a big name in the clean frac water industry. BCC Research reports the market for equipment to treat wastewater from fracking operations and conventional wells is predicted to grow 9% by 2018...So let's get to the numbers:

    Even though Halliburton (NYSE:HAL) is a much larger company with a multi-billion dollar market cap and a share price nearly 370 times higher than OOIL, it's the developmental nature of OriginOil that supports what I'm about to state next:

    Not only is OOIL's system half the size of HAL's but pound for pound or should I say barrel for barrel, the EWS CLEAN FRAC technology buries the competition's energy efficiency by more than 60% with everything else remaining constant. These numbers aren't something to bat and eye at either. The EWS technology both saves money through cleaning frac water flowback and it also curbs energy usage on project sites by more than half that of the major market players.

    The Wall St. Journal cites that companies are racing to find ways to recycle the water used in hydraulic fracturing, chasing an emerging market that could be worth billions of dollars. It takes between 70 billion to 140 billion gallons of water to frack 35,000 wells a year. This is the industry's current pace, according to a 2011 report by the Environmental Protection Agency. But the costs of actually providing the original water and disposing of the dirty water could actually be in the 6 figure range as one Oklahoma City-based oil driller, Continental Resources Inc. demonstrates.

    In my opinion, OriginOil is quickly becoming a market leader not only for its waste water cleaning technology but also for its ability to achieve a higher cost savings above its competition. This should be a company to pay close attention to because based on consistent and positive demonstration results, sales could be right around the corner.

    Contributor's Note: This article covers a stock trading at less than $1 per share and/or with less than a $100 million market cap. Please be aware of the risks associated with these stocks.

    Stocks: OCLN
Back To Small Cap Reporter's Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (2)
Track new comments
  • Spinkane
    , contributor
    Comment (1) | Send Message
    What more do you need to know?
    OOIL win-win
    24 Aug 2014, 01:37 PM Reply Like
  • Small Cap Reporter
    , contributor
    Comments (45) | Send Message
    Author’s reply » Can you elaborate more on that?
    24 Aug 2014, 01:39 PM Reply Like
Full index of posts »
Latest Followers


  • $RXMD shareholder call was solid last night. Easy multi-bag long term here in my opinion. $4.5m in Q2 alone, 8.5 H1. #beastmode
    Aug 16, 2016
  • $WBA "needs the $RAD deal more than ever." Exactly why I'm so #bullish on $RXMD who CAN OVERdeliver on Revs+Growth
    Jul 7, 2016
  • #Biotechs & #pharmas with potential: $RXMD $GALE $EBIO $BIND $MRNS $ARTH
    Jul 6, 2016
More »
Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.