Freestone Resources Inc. has announced it commenced sales of Petrozene through its majority-owned venture, Freestone Dynamis Energy Products, LLC (FDEP). FDEP was formed to commercialize Petrozene, and to control the production process in order to elevate Petrozene to one of the top petrochemicals in its class. FDEP also entered into its first sales agreement to provide Petrozene to oil and gas producers and regional transport companies in west Texas that suffer from production and transport-related issues due to paraffin and asphaltene buildup. Over time, paraffin and asphaltenes can cause reduced oil flow, as well as tank bottom sludge-related problems.
FDEP sold an order of Petrozene to a petroleum transport company that has more than 100 terminals throughout the United States. The initial reports from the use of Petrozene at one of their terminals showed very positive results.
FDEP is in negotiations with multiple large transportation companies that face issues with tank bottom buildup in their railcars and other transport and storage vessels.
FDEP also provides Petrozene to oil and gas producers that can use Petrozene downhole to manage paraffin and asphaltene buildup that greatly reduces a well's production over its lifetime.
Edited from press release by Angharad Lock
Read the article online at: https://www.hydrocarbonengineering.com/petrochemicals/15032016/petrozene-sales-commence-557/