LEXG Ultrasonic Generator Test Results Indicate Potential 1000% Efficiency Improvement Over Conventional Separation Processing
February 23 2017 - 09:17AM
InvestorsHub NewsWire
Lithium
Exploration Group Ultrasonic Generator Test Results Indicate
Potential 1000% Efficiency Improvement Over Conventional Separation
Processing
Phoenix, AZ -- February 23, 2017 -- InvestorsHub NewsWire --
Lithium Exploration Group Inc. (USOTC:
LEXG) today announced preliminary results from testing
conducted last week. The Sonic Cavitation Ltd Ultrasonic
Generator was configured to evaluate the technology’s flow capacity
in the heat treating of oil. Extensive analysis of the test
results is underway. Preliminary results for heating oil to
160 degrees Fahrenheit at a flow rate of 36 barrels per hour
indicates that the Ultrasonic Generator may be as much as 1000%
more efficient in the separation of gas and water from oil than the
conventional separators that use burner tubes and combustion of
natural gas.
The field test results so far indicate that the actual performance
of the Ultrasonic Generator is far better than the results featured
in a press release on January 26, 2017 which did not measure the
volume of oil processed. This test increased the flow of oil
through the system and ran at an overall lower temperature which
significantly decreased the power consumption. Traditional heat
treaters utilize a burner tube and combustion of natural gas to
reach a specific flow and temperature required by the
operator. Over time the fire tubes in these treaters lose the
efficiency of how they transfer heat to the oil in the tank.
Our preliminary research shows that a treater with an older
fire tube can lose as much as 65% of its efficiency in heat
transfer. This test demonstrated that for an operator
utilizing an older heat tube in their treater has the potential to
increase in efficiency as much as 1000% and at the same time go to
a zero emissions treater.
The increased industry interest in lithium batteries continues to
make the Ultrasonic Generator even more valuable in the long-term
in regard to its potential for efficiently separating lithium from
lithium Brine. However, the revenue potential in the lithium
industry is yet to be developed while the revenue potential of the
Ultrasonic Generator in the oil industry is likely much more
immediate. Accordingly, LEXG will continue developing the
potential of the Ultrasonic Generator in both the oil and Lithium
battery sectors.
About Lithium Exploration Group
Lithium Exploration Group is a US-based exploration and development
company focused on the acquisition and development potential of
lithium brines and other precious metals that demonstrate high
probability for near-term production. Currently the company is
focused testing its SonCav Technology and the acquisition of oil
and gas related assets in Western Canada. Lithium Exploration Group
is traded on the OTC Markets under the symbol
LEXG.
Website: www.lithiumexplorationgroup.com.
Safe Harbor Statement
This news release contains "forward-looking statements". Statements
in this press release that are not purely historical are
forward-looking statements and include any statements regarding
beliefs, plans, expectations or intentions regarding the future
testing of the ultrasonic technology.
Actual results could differ from those projected in any
forward-looking statements due to numerous factors. Such factors
include, among others, the inherent uncertainties associated with
mineral exploration and difficulties associated with obtaining
financing on acceptable terms. We are not in control of lithium
prices and these could vary to make development uneconomic. These
forward-looking statements are made as of the date of this news
release, and we assume no obligation to update the forward-looking
statements, or to update the reasons why actual results could
differ from those projected in the forward-looking statements.
Although we believe that the beliefs, plans, expectations and
intentions contained in this press release are reasonable, there
can be no assurance that such beliefs, plans, expectations or
intentions will prove to be accurate. Investors should consult all
of the information set forth herein and should also refer to the
risk factors disclosure outlined in our most recent annual report
for our last fiscal year, our quarterly reports, and other periodic
reports filed from time-to-time with the Securities and Exchange
Commission.
Contact Info
Shanon Chilson
480-641-4790
info@lithiumexplorationgroup.com