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American International Ventures acquires fracking solution technology

Published by
World Coal,


American International Ventures, Inc. (AIVN) has finalised negotiations regarding the acquisition of a proprietary solvent formula developed by Dr. Goma Merbergen.

Robert Polce, CEO stated: “We are aware that this solvent is environmentally friendly, and we intend to further test it for its value as a replacement for certain other chemicals which are now used in the natural gas/oil fracking industry.”

Under the direction of Paul “Mike” Muncy, AIVN Chief Technology Officer, the solvent was tested under various conditions for its ability to suspend carbon solids in an aqueous solution. AIVN intends to apply the solvent in two distinct processes.

When used in coal processing, the solution, when heated, will aid in fracturing complex hydrocarbon strings to be reformed from solids into synthetic liquids which are classified in the range of coal tar pitch and bunker fuel.

When the proprietary solvent is used in conjunction with clean-up of frack sand which is returned at a well location, the chemicals commonly used in the oil and gas well fracking process is cleaned up at a cost savings to the drilling company. In addition, the return sand is cleaned, screened and kiln dried wherein it can be blended and reused.

AIVN has also appointed Vic Federici to its Technology Advisory Board. Federici has spent the last twenty-one years working with Merbergen with the chemical manufacturer.

Read the article online at: https://www.worldcoal.com/coal/03102018/american-international-ventures-acquires-fracking-solution-technology/

 

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