Ridgeline Launches Water Storage System
Water storage systems to be manufactured in Wyoming USA
CALGARY, Aug. 23, 2012 /PRNewswire/ - Ridgeline Energy Services Inc. ("Ridgeline" or the "Company") (TSXV: RLE, OTCQX: RGDEF, FSE: RL7) an energy services and water treatment company, today announced the launch of its Zero Evaporative Low Impact Storage System, known as "ZELISS". ZELISS is a further advancement of the ZIETS product announced by Ridgeline in November of 2011. ZELISS systems are being manufactured at Ridgeline's newly opened Deaver, Wyoming USA plant, located in north central Wyoming, near the Montana Stated Line.
Tony Ker, CEO of Ridgeline Energy Services, commented "We are very pleased to announce the launch of our own engineered and manufactured storage system. After over a year of research and direct input from our current clients, I feel that our storage system, which we call ZELISS, will lead applications in the oil and gas industry.
ZELISS is designed to be installed by two people using only a field grade forklift. ZELISS has the ability to eliminate evaporation, and is integrated with three of Ridgeline's water treatment processes. The main cell of the ZELISS system weighs less than 1300 U.S. Pounds, and the secondary containment is integral to the design. ZELISS is engineered to grow in "cells" and can be scaled up to store millions of gallons of water in a 100% sealed system, with an integrated secondary containment system. It can grow and contract in size daily or even hourly, if required, depending on storage demand, and capacities desired. ZELISS can be heated to temperatures in excess of 90 degrees Celsius, and operate in temperatures below minus 70 degrees Celsius.
ZELISS is substantially less costly to manufacture and install as compared to the common "steel pool" design. It also eliminates the use of cranes and pickers necessary to install older, obsolete designs. Tony Ker, CEO stated "We are very pleased with our cost of manufacture and assembly. We estimate that the cost of manufacturing will be 60 to 70% less than the cost of current steel "open top" or exposed surface tank designs."
"Ridgeline will deliver the first ZELISS system to our current customers in Texas, and we will also be utilizing ZELISS in a remediation project in California" stated Dennis M. Danzik Ridgeline Director of Engineering and Operations." "Initial reaction to ZELISS has been very strong and exciting. We expect rental revenues to start in September of this year."
Testing and Production
Ridgeline has been working on the development of ZELISS for nearly 14 months, which included customer input from several oil and gas firms, as well as comments and suggestions from some of Ridgeline's over 150 industrial waste water customers.
"ZELISS is a true technology. Great applied science for the oil and gas industry. It offers controls to evaporation, offers initial water treatment, as well as protects the environment and animal life. All of these great attributes are a credit to our engineering and industrial design teams." stated Dennis M. Danzik. "I am proud to be a part of the development of ZELISS."
About Ridgeline Energy Services Inc.
Ridgeline Energy Services Inc. is an energy services and water treatment company. The Company is applying proprietary technology to treat water generated from industrial and commercial waste water markets. These markets include a wide variety of clients across a broad spectrum of industries including oil and gas. Through its environmental consulting and remediation divisions, Ridgeline Environment has built a reputation as an established provider of environmental services to the Western Canadian oil and gas industry. Ridgeline GreenFill provides soil remediation and wet waste disposal services to the oil and gas industry. The Company trades on the TSX Venture Exchange under the symbol "RLE", the OTCQX as "RGDEF" and the Frankfurt Stock Exchange as "RL7".
Additional information is available on the Company's website at: www.ridgelinecanada.com.
ON BEHALF OF THE BOARD OF DIRECTORS
Tony Ker, CEO
"Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release. This news release may contain forward-looking statements. Forward-looking statements address future events and conditions and therefore, involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements. Such information is subject to known and unknown risks, uncertainties and other factors that could influence actual results or events and cause actual results or events to differ materially from those stated, anticipated or implied in the forward-looking information. Readers are cautioned not to place undue reliance on forward-looking information, as no assurances can be given as to future results, levels of activity or achievements."
SOURCE Ridgeline Energy Services Inc.
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