Scalada Holdings, Ltd and its subsidiaries Titan Holdings Inc. and Cherokee Holdings LLC have developed a unique patented wastewater remediation technology called the Elemental Ionization System. They plan to open a mobile plant in Victoria, Texas to treat the large volumes of wastewater produced during hydraulic fracturing in the Eagle Ford shale oil and gas field. The system is considered a worldwide leader because it provides an economical, environmentally friendly, and profitable solution to frac water remediation. Scalada Holdings believes their technology will be a major driver of the US economy and reduce dependence on foreign oil as development continues in the Eagle Ford field.
Scalada Holdings' Wastewater Tech to Boost Eagle Ford Oil Field
1. Scalada Holdings, Ltd to be Potential Game Changer for Development of Eagle
Ford, Texas Oil and Gas Field
Scalada’s unique and patented technology for wastewater remediation will play a
significant role in new oil boom and economic upswing in Southern Texas.
Singapore - January 18, 2013 -- Titan Holdings Inc., through its engineering
partner Cherokee Holdings LLC, both wholly-owned subsidiaries of Scalada
Holdings, Ltd. ( http://www.scaladaholdings.net ), announced today that it has
opened negotiations with land holders in Victoria, Texas, USA to establish a
mobile plant to treat the waste water produced by hydraulic fracking in the
Eagle Ford shale oil and gas field. The Eagle Ford is one of 20 new onshore
fields which together could increase U.S. oil output by 25% in the next decade
and dramatically reduce dependence on imported fuel and risky off-shore
drilling.
Titan’s involvement in the development of Eagle Ford is significant because it
brings to the table Scalada’s unique and patented Elemental Ionization System
for remediation of the considerable amount of waste water produced in the
fracking process. The system is considered the worldwide leader in the field
because it cleans up wastewaters in ways that are economical, environmentally
friendly and profitable. The system also has the distinct advantages over other
frac water remediation systems of onsite placement and almost complete mobility.
The Eagle Ford Shale (EFS) is quite possibly the largest single economic
development in the history of the State of Texas and ranks as the single largest
oil and gas development in the world. More than a dozen companies plan to drill
3,000 wells over the next year in South Texas. With its first well drilled a
mere three years ago, the Eagle Ford is already producing 100,000 barrels a day,
with estimates of 420,000 barrels per day by as soon as 2015. Almost $30 billion
will be spent to develop the play in 2013. The play had more than a $25 billion
impact on the local South Texas economy in 2011.
According to Scalada ( http://www.scaladaholdings.net ) CEO Manly Logan, ’Eagle
Ford had more than a $25 billion impact on the South Texas economy last year,
and we are confident that, once in place, our cutting edge and green technology
will be one of the major drivers of the U.S. economy in the coming decade along
with the added benefit of making the U.S. far less dependent on foreign oil.’
To learn more about Titan Holdings, Inc., Cherokee Holdings, LLC, Scalada
Holdings Ltd., and their business of bringing green solutions to the global
marketplace that produce sustainable outcomes, visit
http://www.scaladaholdings.net.
For more information,
Contact Jeremy Merritt, Vice President
Scalada Holdings Ltd
77 Robinson Road
Singapore 068896
Contact Phone: +65 6809 2235
Contact Email: info@scaladaholdings.net
Website: http://www.scaladaholdings.net
Press & Media Contact:
Jeremy Merritt, Vice President
Scalada Holdings Limited
77 Robinsons Rd
Singapore 068896
+65 6809 2235
info@scaladaholdings.net
http://www.scaladaholdings.net
water tech competition, water technology, elemental ionization system, remediate