Skip to main content

21st Century Energy Solutions Announces New Customer for Its Proprietary Enhanced Oil Recovery System

Written by Customer Service on . Posted in Public Companies.

Customer Located in Murray County, OK

LITTLE RIVER, SC, Dec. 08, 2022 (GLOBE NEWSWIRE) — via NewMediaWire – PCT LTD (“PCTL” OTC Pink): 21st Century Energy Solutions Inc., a subsidiary of PCTL, announces a new customer in our Enhanced Oil Recovery (EOR) program. The project is in the Oil Creek formation, Murray County, OK. 

Initial treatment of the well was performed by our partner, Maverick Energy Solutions, Holdenville, OK, using 21st Century Energy Solutions’ priority ECA “Super-Catholyte”.

The well is currently shut-in for a few days, as planned. 

Our customer’s wells in the Oil Creek Formation typically have an initial production of five barrels per day with little or no water. 

We will release additional information soon as the results become available to us.

About PCT LTD:

PCT LTD (“PCTL”) focuses its business on acquiring, developing, and providing sustainable, eco-friendly disinfecting, cleaning, and tracking technologies. The company acquires and holds rights to innovative products and technologies, which are commercialized through its wholly owned operating 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 involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions or future events or performance are 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 satisfy its working capital requirements; the ability of PCTL to execute its business plan; benefits arising from the transfer of assets into the two subsidiaries; the ability of the 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 PCTL makes in this press release include market conditions and those set forth in reports or documents it files from time to time with the SEC. PCTL undertakes no obligation to revise or update such statements to reflect current events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.

Contacts
Investor Relations Contact
Tim Rieu
410-825-3930
Or
ir@pctl.com
Follow us:
www.pctl.com
Twitter: 
twitter.com/PCTL_
twitter.com/21stEnergy
LinkedIn:
linkedin.com/company/paradigm-convergence-technologies
linkedin.com/company/21st-century-energy

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Before you continue, please confirm the following:

Professional advisers only

I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.

Important Notice for Investors:

The services and products offered by Goldalea Capital Ltd. are intended exclusively for professional market participants as defined by applicable laws and regulations. This typically includes institutional investors, qualified investors, and high-net-worth individuals who have sufficient knowledge, experience, resources, and independence to assess the risks of trading on their own.

No Investment Advice:

The information, analyses, and market data provided are for general information purposes only and do not constitute individual investment advice. They should not be construed as a basis for investment decisions and do not take into account the specific investment objectives, financial situation, or individual needs of any recipient.

High Risks:

Trading in financial instruments is associated with significant risks and may result in the complete loss of the invested capital. Goldalea Capital Ltd. accepts no liability for losses incurred as a result of the use of the information provided or the execution of transactions.

Sole Responsibility:

The decision to invest or not to invest is solely the responsibility of the investor. Investors should obtain comprehensive information about the risks involved before making any investment decision and, if necessary, seek independent advice.

No Guarantees:

Goldalea Capital Ltd. makes no warranties or representations as to the accuracy, completeness, or timeliness of the information provided. Markets are subject to constant change, and past performance is not a reliable indicator of future results.

Regional Restrictions:

The services offered by Goldalea Capital Ltd. may not be available to all persons or in all countries. It is the responsibility of the investor to ensure that they are authorized to use the services offered.

Please note: This disclaimer is for general information purposes only and does not replace individual legal or tax advice.