1. CETI conducts testing on water purification for oil industry. 2. Successful results could lead to $100 million annual contracts. 3. Technology may reduce contaminants in produced water dramatically. 4. Environmental sustainability improves through waste recycling solutions. 5. Laboratory results expected soon may influence market perception.
The potential $100 million contracts indicate significant revenue opportunities, reminiscent of similar tech successes in waste management that boosted company valuations dramatically, e.g., Veolia's water treatment expansions.
CETI's advancements in water purification could reshape revenue streams and attract investor interest, marking it as pivotal in the eco-tech industry.
Imminent lab results may quickly influence investor confidence and share prices, akin to previous announcements leading to immediate stock upticks in eco-tech sectors.
SCOTTSDALE, Ariz., April 30, 2025 /PRNewswire/ -- Cyber Enviro-Tech, Inc. (OTCQB: CETI) announced today that it is conducting critical testing of its advanced water purification technology for the oil and gas industry. If successful, the results could lead to contracts potentially valued at over $100 million annually, as referenced in the Company's April 17, 2025 press release.
Produced water — a byproduct of oil and gas extraction — typically contains high concentrations of salts, hydrocarbons, heavy metals, and other contaminants, making it one of the most difficult industrial wastewaters to treat. CETI's testing aims to demonstrate the ability to purify this highly contaminated water, reducing Total Dissolved Solids levels from 300,000 parts per million to the Environmental Protection Agency standard of 500 ppm.
Upon successful verification by independent laboratory results, CETI's technology would enable the recycling of produced water for reuse in the oil industry — offering a more environmentally responsible and cost-effective alternative to the current practice of deep underground injection. As an example, in Texas alone, it is estimated that more than 10 billion barrels of produced water are injected underground each year, removing vast quantities from the usable water supply.
"This testing represents a significant milestone in our mission to transform the most challenging wastewater into valuable resources," said TJ Agardy, President of Cyber Enviro-Tech, Inc. "The ability to purify produced water from oil operations to EPA standards has enormous implications for water conservation and environmental sustainability."
The Company expects to receive laboratory results in the coming weeks and will provide updates as they become available.
Cyber Enviro-Tech, Inc. (CETI) operates internationally in eco-conscious oil sludge, water, and soil remediation projects. Using proprietary bioremedial materials and technologies, CETI extracts and eliminates hazardous waste materials from sludge ponds, contaminated oil, industrial wastewater and soil. CETI's solutions integrate Fourth Industrial Revolution technologies - machine learning, artificial intelligence, cloud computing, and SCADA systems - alongside non-chemical bioremediation techniques. The company specializes in cleaning oil sludge ponds, storage tanks, mining sites, and other wastewater sources.
This press release contains forward-looking statements that reflect CETI's expectations regarding future financial performance, project developments, regulatory approvals, and business strategies. These statements are not guarantees of future results, and actual outcomes may differ due to various risk factors, including regulatory changes, market fluctuations, and operational challenges. CETI assumes no obligation to update any forward-looking statements to reflect changes in circumstances after the date of this release.
Winston McKellar,
Dir of IR/PR
Cyber Enviro-Tech, Inc.
6991 E. Camelback Rd., Suite D-300
Scottsdale, AZ 85251
Website: www.cyberenviro.tech
Phone: 866.687.6856
SOURCE Cyber Enviro-Tech