NEWS ALERT - RG Global Lifestyles Progresses on First Coal Bed Methane Water Treatment Plant With Black Diamond Energy
Tuesday March 13, 7:00 am ET
Environmentally Friendly Catalyx Technology Enables Cost-Efficient CBM Production
RANCHO SANTA MARGARITA, Calif. and BUFFALO, Wyo., March 13 /PRNewswire-FirstCall/ -- RG Global Lifestyles, Inc. (OTC Bulletin Board: RGBL - News) announced today that it has received the first down payment to begin construction of a coal bed methane (CBM) water treatment plant for Black Diamond Energy in the Powder River Basin near Buffalo, Wyoming. RG Global had previously announced this multi-year construction and operation contract in January 2007. The plant will employ RG Global's proprietary ion exchange technology (Catalyx technology) to remove sodium, barium, iron and other inorganic contaminants from wastewater associated with natural gas production from coal beds.
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Black Diamond has contracted to purchase, own, and operate a fully fixed facility with an initial capacity to treat 20,000 barrels of water per day. The contract further calls for RG Global to remotely monitor and adjust the discharge limits on a daily basis. The plant is expected to be fully operational in the third quarter of 2007. Black Diamond will need to treat more than 200,000 barrels per day within the next 24 months as older wells that have been previously shut down due to failure to meet discharge limits and new wells come on line.
"We are very pleased with the progress on our first multi-million dollar facility in Wyoming," said Lou Knickerbocker, RG Global CEO. "With water treatment plants that are remotely controlled and monitored 24/7 requiring minimal personnel, we're able to keep costs down, yet instantly adjust the treatment process to account for changes in water composition. When we build, own and operate the plants, our average wastewater treatment cost to the producer is $0.15 per barrel with less than a 1% non-hazardous waste stream that is far more cost-effective and desirable than the industry average of $0.32 to $0.70 per barrel with a 5% to 15% hazardous waste stream that has exceedingly high disposal costs."
"Our low cost, coupled with our ability to meet the toughest state and federal CBM wastewater treatment regulations, including those recently enacted in Montana, should make it economically feasible for many idle CBM operators to resume production and begin reducing our country's dependence on foreign energy supplies and environmentally harmful energy sources," RG Global Chief Technology Officer Mr. Juzer Jangbarwala stated.
"We believe our Catalyx technology is unmatched in its ability to economically remove sodium, other minerals and contaminants from water," Mr. Jangbarwala noted. "While Montana's new regulations are posing an insurmountable challenge to many wastewater treatment technologies, Catalyx-processed wastewater exceeds the most stringent state and federal requirements for discharge of CBM wastewater and is far more cost effective."
CBM production produces copious amounts of ground water containing unacceptable levels of contaminants and minerals. According to an Associated Press article, it is estimated that the coal bed methane industry in Wyoming produced approximately 680 million barrels of water last year. (link: www.billingsgazette.net/articles/2007/02/21/news/wyoming/53-methane.txt)
"Wyoming has so far only captured five percent of its estimated $140 billion in coal bed methane reserves," according to a recent article in US Water News on a University of Wyoming study (link: uswaternews.com. "Production dropped by five percent from 2003 to 2004 due to difficulties in managing and disposing of CBM water," the article noted.
RG Global's Catalyx technology removes the sodium and contaminants that pose an environmental threat, making more than 99% of the water fit for discharge or irrigation. The remaining 1% waste stream largely consists of decahydrated sodium sulphate, which can be harvested and sold as the commodity Glauber's salt. RG Global's modular Catalyx water treatment units are a key component of the Company's highly scaleable plant design that enables CBM operators to quickly increase or decrease water treatment capacity as needed.
About RG Global Lifestyles, Inc.
RG Global Lifestyles, Inc. is the parent company of wholly owned subsidiary Aquair(TM), Inc. Aquair, was formed for the express purpose of developing and distributing quality industrial and residential water products using the latest in water production and treatment technologies to provide pure safe water around the world. RG Global's products address many water quality issues, including remedying the increasingly prevalent microbial water supply contamination and contamination resulting from oil and gas production. For more information, visit www.rgglife.com and www.aquair.com.
Safe Harbor Statement
The statements contained herein that are not historical are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements, including, but not limited to, risks associated with water generation products, risks associated with dependence on third parties, and other risks identified from time to time in the Company's reports and registration statements filed with the Securities and Exchange Commission. All forward-looking statements attributable to the Company, or persons acting for the Company, are expressly qualified in their entirety by these cautionary statements.
Contact:
For RG Global Lifestyles:
Julie Shepherd, Accentuate PR, (815) 479 1833, Julie@accentuatepr.com |
