Vida Green, Ltd. Poised to Exploit Changes in Oil Recovery Processes
The Company’s Proprietary Products Will Aid in Oil Remediation
24. Feb. 2015. Salt Lake City, Utah. Vida Green, Ltd. (dual listed on the Deutsche Boerse, Frankfurt and Bermuda Exchanges), (VDG), a Bermuda publicly listed company that develops nd expensiveand markets green, natural and organic products for diverse industries, confirmed that its proprietary products can have an impact in the world’s changing oil and natural gas recovery methods.
“We are all aware and happy in the decreased oil and gasoline prices worldwide; and worldwide economies benefit from lower oil prices. However, lower gasoline prices affect the methodology of oil and gas recovery because oil and gas exploration, (which includes building expensive infrastructure), declines and the companies look for less expensive ways to produce oil and gas. The most economical way to sustain and increase production is not to spend capital on exploration, which requires new infrastructure, but rather enhanced recovery methods,“ said John Hopkins, Vida Green’s CEO.
“This is where things get exciting for Vida Green because the chemicals, products and methods the oil companies use to remediate or stimulate existing production sites can be toxic and costly and these companies are looking for better and more efficient products and methods. Vida Green currently holds 2 patents pending for products and processes that will stimulate, stimulate and accelerate recovery from existing oil and gas production sites, economically. Our products, along with excellent products provided by our strategic partners, can have a huge impact on remediating existing oil and gas production sites and exploiting this opportunity, which can translate into considerable revenues for the oil companies.”
“We are in the process of completing distribution and joint venture agreements with 2 companies whose products work symbiotically with our Vida Green’s products and have the potential to change the way oil companies remediate oil and gas production sites, which can translate into substantial revenues for Vida Green,” said Randall Waters, Vida Green’s Sales Director.
Über Vida Green, Ltd.
Vida Green, Ltd. ist ein im Bermuda börsennotiertes Unternehmen, welches proprietäre, synergistische Produkte für die Öl- und Gasindustrie und die Landwirtschaft sowie Wellness-Produkte entwickelt und vermarktet. Die Produkte des Unternehmens sind sichere, natürliche, ungiftige und „grüne“ Produkte für Branchen, die oft wenig Interesse für die Umwelt zeigen, nun aber die soziale und staatliche Nachfrage, „grün“ zu werden, verstehen. Die gänzlich grünen und natürlichen Produkten der Firma sind firmeneigene, einzigartige und hoch wirksame Innovationen für die Zielmärkte.
About Vida Green
Vida Green, Ltd. is a Bermuda publicly listed company that develops and markets proprietary, synergistic products for the oil and gas and agriculture industries as well as wellness products. The company’s products are safe, natural, and non-toxic and “green” products for industries that often show little concern for the environment but are now feeling the social and governmental need to go "green." The company’s completely green and natural products are proprietary, unique and highly effective innovations to its target markets.
For more information visit our website at www.vida-green.com .
Forward Looking Statements
Statements in this press release relating to plans, strategies, economic performance and trends, projections of results of specific activities or investments, and other statements that are not descriptions of historical facts may be forward-looking statements. Forward-looking information is inherently subject to risks and uncertainties, and actual results could differ materially from those currently anticipated due to a number of factors, which include, but are not limited to, risk factors inherent in doing business. Forward-looking statements may be identified by terms such as "may," "will," "should," "could," "expects," "plans," "intends," "anticipates," "believes," “avers,” "estimates," "predicts," "forecasts," "potential," or "continue," or similar terms or the negative of these terms. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. The company has no obligation to update these forward-looking statements.
Vida Green, Ltd.
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