VLVT (was CSMA) Message Board

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Microcap & Penny Stocks : VLVT (was CSMA)

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To: WAYNEW who wrote (6213)	3/25/1998 7:41:00 PM
From: mockingbird	Read Replies (1) of 11708

This came out on Rueters Wednesday March 25, 7:15 pm Eastern Time Coconino unit opens Utah disposal site SALT LAKE CITY, March 25 (Reuters) - Coconino SMA Inc said Wednesday its Enviro-Tec Inc has opened the first Class V disposal facility in Utah. Enviro-Tec moved after Utah Governor Mike Leavitt signed a legislative resolution allowing the company to put into immediate use a Class V nonhazardous liquid waste disposal permit recently issued by the state's Department of Environmental Quality, Coconino said. Located in the hills of northeastern Utah, Enviro-Tec now presents what may be the best alternative for the controlled disposal of nonhazardous Class V liquids, which previously had to be trucked hundreds of miles out-of-state. Coconino noted disposal wells with Class V approval may receive fees of as much as $10.50 to $29.00 a barrel. It said this compares to Class II fees of $0.50 or less per barrel -- formerly the subsidiary's sole source of income. Enviro-Tec's Class V permit allows the company to process as much as 14,400 barrels per day. Coconino also said Enviro-Tec has signed its first major contract to provide Class V waste disposal capabilities for National Tank & Monitoring Corp, a Salt Lake City-based company that cleans of above and below ground storage tanks. More Quotes and News: Coconino SMA Inc (OTC BB:CSMA - news)

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