Jul 25, 2008
Story Timeline: 74 days
RICHMOND, TX--(Marketwire - July 25, 2008) - Monogram Energy, Inc. announced today that it will begin testing in its wells an environmentally safe production fluid. Preliminary tests show that this fluid is extremely stable, highly soluble in water, and extremely surface active. This surface activity makes it an extremely powerful water wetting agent, and it is this characteristic that accounts for its ability to efficiently and rapidly displace oil from solid surfaces. Should this new fluid react as the Company expects, it could double the production of each well. Mr. Billy King, Chief Executive Officer of Monogram Energy, Inc., stated, "We are very excited about the potential for enhanced oil recovery that we can possibly achieve with the use of this product." Mr. King became interested in the production of oil & gas during...
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