SHERIDAN, WY, December 2, 2014 — Next Fuel, Inc. (OTCQB: NXFI), a technology provider and service company that offers services to the oil and gas industry announced today it has completed a successful test of their recently acquired Integra Disc Filtration System. The system application was for pretreatment of agricultural-waste generated biogas digestate prior to forward osmosis dewatering and reverse osmosis freshwater generation. The Ag-Waste BioGas Cogeneration Facility is located on an organic farming enterprise in west central Oregon. Previous efforts with other filtration methods have struggled with failures due to solids plugging. There are more than 1,000 similar facilities in the US and Europe that have been struggling with this same filtration issue.
“Although we believe in the huge market for our system offered by the oil and gas industry, there is a very significant demand for treating water with our Integra system in many other arenas”, stated Robert Craig, Chairman and CEO of Next Fuel, Inc. “We are in discussions with other industry participants for utilizing this field-proven filtration system as well”, concluded Mr. Craig.
About Next Fuel, Inc.
Next Fuel, Inc. is a technology provider and service company that offers services to the oil and gas industry. The Company is focusing its efforts on water treatment technologies that offer solutions for low cost, high volume commercial remediation.
The Company continues to develop its Low Energy-input Pervaporation Technology for providing the oil and gas industry with a new cost-effective method for treating waste water that contains the most environmentally challenging, high salt, and total dissolved solids used or produced in U. S. oil and gas operations.
In collaboration with leading research institutes, Next Fuel, Inc. intends to identify, develop or acquire a portfolio of growth opportunities with compelling market potential that are consistent with clean energy and environmental stewardship. Current projects for longer term commercialization include processes for carbon dioxide conversion and carbon loop closure, and biological fuel cells.
This announcement contains forward-looking statements, including statements regarding the timing of future acquisitions and future products and services to be offered by the Company, all of which involve risks and uncertainties. Actual results could differ materially from those discussed. Factors that could cause or contribute to such differences include, the results of due diligence investigations, negotiations between the Company and Layne Christensen Company, and other factors discussed in the Company’s filings with the Securities and Exchange Commission. All forward-looking statements are based on information available to the Company as of the date of this news release, and the Company assumes no obligation to update such statements.
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Next Fuel, Inc.