| Stock Quote & Chart
News Releases
Filings
Industry Articles
Corporate Governance
Contact Info
Request a Package |  | |
| |
October 6, 2008
BIG CAT ENERGY ANNOUNCES THE COMPLETION OF A 90 DAY TEST WITH ARID TOOL
|
| |
Gillette, Wyoming, October 6, 2008 - Big Cat Energy Corporation, (OTCBB:
BCTE), today announced that a major Coal Bed methane (CBM) operator has
conducted and concluded a 90-day test of the ARID tool in a well located in
the Powder River Basin Dead Horse Creek area. The test purpose was two fold:
to provide the land owner with data demonstrating that injection of CBM
water into the receiving aquifer would not impact nearby domestic water
wells, and; to provide a major CBM operator with data demonstrating ARID's
ability to deliver and inject CBM water into the receiving aquifer at the
rate required by the well's operating plan. ARID's success in meeting the
requirements of both the CBM operator and the landowner has resulted in a
decision by the CBM operator to prepare more wells in the test area for ARID
installations. In addition, the major CBM operator is gathering data for DEQ
permits in new locations throughout the Powder River Basin.
Furthermore, the major CBM operator is in the process of installing four (4)
ARID tools in the same area. The decision has been made to squeeze off the
initial receiving aquifers of these 4 wells and open up the aquifer that
received the water in the well in which the 90 day test was completed. This
work has begun and is expected to be concluded shortly.
Commenting on the recent 90 day test of the ARID tool, Tim Barritt,
President of Big Cat Energy Corp., stated, "The data received from the
recent test period by a major CBM operator confirms our opinion that the
ARID tool will change the methods CBM operators use to dispose of water in
the Powder River Basin. We at Big Cat Energy Corp. are excited about several
new companies coming forward and allowing us to work up pilot prospect areas
on both the west and central parts of the Powder River Basin. We have been
working to find areas on the west and central parts of the basin as the CBM
play moves in that direction. These companies have kept us very busy in the
past few months generating geologic evaluations for their pilots. We are
convinced through our evaluations that success can be achieved in these
areas as well as the ones currently ongoing. Corporately, we are financially
sound and in a position to move into these new areas, which will bring
expansion of our ARID tool. This will be exactly what we have been working
toward for the coming year."
About Big Cat Energy Corporation
Big Cat Energy Corporation has developed a patented technology called the
ARID Tool (Aquifer Recharge Injection Device), a revolutionary new method of
water handling that provides coal bed methane wells with the ability to
redistribute produced water. This revolutionary new coal bed methane
production technology will allow coal bed methane operators to process
produced water at a fraction of the cost of current technology.
Additional information on the ARID tool and process as well as Big Cat
Energy Corporation is available at http://www.bigcatenergy.com
Or contact:
Investor Relations
investor@bigcatenergy.com
1-866-912-BCTE (2283)
Forward-Looking Statements
Portions of this document may constitute "forward-looking statements" as
defined by federal law. Although the company believes any such statements
are based on reasonable assumptions, there is no assurance that actual
outcomes will not be materially different. Any such statements are made in
reliance on the "safe harbor" protections provided under the Private
Securities Reform Act of 1995. Additional information about issues that
could lead to material changes in performance is contained in the company's
annual reports filed with the Securities and Exchange Commission. |
| |
| | You can view the
Previous News Releases item:
June 25, 2008,
BIG
CAT ENERGY CORPORATION PROVIDES OPERATIONS UPDATE
You can return to the main News Releases page, or press the Back button on your browser.
|
|