COSTA MESA, CA--(Marketwire - 07/25/11) - Force Fuels, Inc. (OTC.BB:FOFU - News) today announces the beginning of testing a new product offered by Well Grounded Energy. This product has been a proven technology which has a 100% successful track record at significantly increasing oil and gas production in over 145 wells. The average increases on oil wells are 250%, 90% on gas wells and 66% on disposal well efficiency.
The Hyper Scratcher System is a multi-phase cleaning system that gives oil companies a cost-effective means of well stimulation by cleaning the immediate interface between producing zone and invaded zone without forcing fluid into formation and altering its permeability. It is designed to be applied in three main types of wells: liner completed wells, inner liner completed wells, and solid string completed wells.
This week Force Fuels will test the new system on 10 of the 25 existing wells in Kansas. We anticipate a large increase in oil flow almost immediately. In addition to reduced rig time with the tool that scratches and hyper washes in one trip well bore cleanup without damage to the formation, immediate well bore cleanup without significant alteration of formation permeability.
"Using the results published by Well Grounded Energy one well producing 1 BPD will increase to 2.5 BPD at $100 per barrel that means an existing well goes from 30 BPD to 75 BPD, or an increase from $3000 to $7500 per month. Multiply that times 10 and you have a net increase of $45,000 on 10 wells per month. We look forward to a long term relationship upon positive test results," said Tom Hemingway, President and CEO.
About Force Fuels, Inc.
Force Fuels, Inc.'s primary products of the company are regulated and standardized energy based products, which do not require marketing or sales force, thus completely eliminating the related expenses. These energy based products include oil, natural gas, solar, wind and hydrogen. In the oil and gas field the company plans to focus on the purchase of marginally producing shallow oil wells, which are relatively inexpensive to operate and can be optimized with existing technologies; the purchase of leases with potential for additional drilling in proven producing areas; and the acquisition of in-house know-how to further optimize production through stimulation, refurbishing and site optimization.
About Well Grounded Energy
Well Grounded Energy is a wholly owned subsidiary of Hyper Scratcher, Inc. who developed the Hyper Scratcher System, tool, and process. This cost-effective, multi-phase cleaning system addresses a major cause of inefficient well production without damaging the formation. Reduced rig time is accomplished with the tool that scratches and hyper washes in one trip. The Hyper Scratcher System's high pressure jets provide continuous 360° washing, while the tool's brushes provide double coverage on liner or casing surfaces. Perforation obstructions are removed with just one application, resulting in the efficient flow of fluid. The Hyper Scratcher System produces superior results in oil wells, gas wells, injector wells and disposal wells.
This press release includes statements that may constitute "forward-looking" statements, usually containing the words "believe," "estimate," "project," "expect" or similar expressions. These statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Factors that would cause or contribute to such differences include, but are not limited to, acceptance of the Company's current and future products and services in the marketplace, the ability of the Company to develop effective new products and receive regulatory approvals of such products, competitive factors, dependence upon third-party vendors, and other risks detailed in the Company's periodic report filings with the Securities and Exchange Commission. By making these forward-looking statements, the Company undertakes no obligation to update these statements for revisions or changes after the date of this release.
Contact: Investor Relations Contacts: Minataur Group www.minataurgroup.com (617) 379-0777 PR Financial Marketing LLC James Blackman (713) 256-0369 Email Contact http://finance.yahoo.com/news/Force-Fuels-Commences-With-iw-3356566872.html?x=0&.v=1
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