RENO, Nev., March 27, 2013 /PRNewswire/ -- Eagle Oil Holding
Company (Symbol: EGOH) remains committed to creating the "Green
Technologies" that will ensure continued Company success with the
continued development of the process "Chemstasis".
The Chemstasis Process is a revolutionary process to detoxify
chemical wastes and pollutants by breaking down complex molecular
chains using high temperature, high pressure and ultrasound
energy.
The total energy requirements are estimated at 32 BTU/gallon of
processing. Funding for the development is currently being sought.
The process works well with oil field development to clean up the
discharges that have various environmental groups concerned.
Chemstasis is the reason that Eagle entered the oil business in the
initial years. Previously the company had contacted Bechtel
Engineering to assist in the development, but failed to continue
with the program at that time.
Chemstasis will also de-chlorinate TCE and PCP and cleave the
biphenyl linkages in PCBs, (one of the most prevalent contaminants
in the world).
Safe Harbor Statement: This press release contains
forward-looking statements that reflect the Company's current
expectation regarding future events. Actual events could differ
materially and substantially from those projected herein and depend
on a number of factors. Certain statements in this release, and
other written or oral statements made by Eagle Oil Holding Co. are
"forward-looking statements" within the meaning of Section 27A of
the Securities Act of 1933 and Section 21E of the Securities
Exchange Act of 1934. You should not place undue reliance on
forward-looking statements since they involve known and unknown
risks, uncertainties and other factors which are, in some cases,
beyond the Company's control and which could, and likely will,
materially affect actual results, levels of activity, performance
or achievements. The Company assumes no obligation to publicly
update or revise these forward-looking statements for any reason,
or to update the reasons actual results could differ materially
from those anticipated in these forward-looking statements, even if
new information becomes available in the future. Important factors
that could cause actual results to differ materially from the
Company's expectations include, but are not limited to, those
factors that are disclosed under the heading "Risk Factors" and
elsewhere in documents filed by the Company from time to time with
the United States Securities and Exchange Commission.
Contact: Brian Wilmot
egvr@comcast.net
SOURCE Eagle Oil Holding Company