Contact Information: Company Contact: Enrique M. Salinas III Planet Resource Recovery, Inc. 281-996-5315 Media Contact: Rod Mitchell 281-350-5506
Planet Resource Recovery, Inc.'s CEO Interviewed by Calgary Herald Stating PetroLuxus(TM) Is the "Silver Bullet" to Canada's "Dirty Oil"
| Source: Planet Resource Recovery, Inc
HOUSTON, TX--(Marketwire - February 23, 2009) - Planet Resource Recovery, Inc. (PLANET)
(PINKSHEETS : PRRY ), developer, manufacturer and marketer of the
PetroLuxus™ family of green technology products, announced today that
the company's CEO, Mr. Kurt Neubauer, was recently interviewed by Shaun
Polczer of the Calgary Herald. Mr. Polczer interviewed Mr. Neubauer on the
eve of President Barack Obama's first visit to Canada where energy and
economic issues were expected to dominate talks. Primary concerns of the US
are the environmental impact of extracting oil from oil sands and the
resulting greenhouse gas emissions and other environmental menaces of
Canada's "Dirty Oil."
Canada ranks second in terms of global proven crude oil reserves (15 per
cent of world reserves), after Saudi Arabia's 173 billion barrels. Oilsands
production of more than 1.2 million barrels a day accounts for
approximately 42 per cent of Canada's total crude output. Oilsands
producers move enough overburden and oilsands every two days to fill
Toronto's Rogers Centre or New York's Yankee Stadium. Current extraction
process of oil from oilsands is estimated to emit three times the global
warming emissions compared to conventional oil extraction & refining,
additionally rendering vast tailing ponds of sludge that threaten the
environment.
In the Calgary Herald article, Mr. Polczer writes, "But Kurt Neubauer,
president and founder of Houston-based Planet Resource Recovery Inc.,
thinks he has a magic bullet for solving the environmental problems of the
oilsands. Using a proprietary chemical catalyst, he claims to be able to
recover 99 per cent of the oil from sand without any greenhouse gas
emissions." For the complete article visit
http://www.planetresource.net/PDF/Calgary_Hearld-Feb192009.pdf
About Planet Resource Recovery, Inc.
Planet Resource Recovery, Inc. is the developer, manufacturer and marketer
of the PetroLuxus™ family of green technology products, a proprietary
environmentally friendly chemical compound that dislodges oil in
practically all natural and man-made environments. The PetroLuxus™
family of products are effective and efficient solutions for the
remediation and recovery of petroleum-based products. PetroLuxus™
applications include Enhanced Oil Recovery, Oil Sands, oil spills, oil tank
farm cleaning, marine ship cleaning, remediation of oil sludge pits,
treatment of raw fuel feedstocks, waste oil segregation and biodiesel, to
name a few. Through the acquisition and formation of wholly owned
subsidiaries, Planet Resource Recovery, Inc. deploys the PetroLuxus™
products. Oil Recovery Ventures, Inc. deploys PetroLuxus™ through joint
ventures in the Enhanced Oil Recovery market.
For an audio/visual demonstration of PetroLuxus™, click on the link
http://www.planetresource.net/index-21.html
For more information visit: http://www.planetresource.net or
http://www.petroluxus.com
Safe Harbor Statement
Certain statements in this release are "forward-looking" statements as
defined in the Private Securities Litigation Reform Act of 1995. Such
statements are subject to numerous risks and uncertainties. Actual results
may vary significantly from the results expressed or implied in such
statements. Factors that could cause actual results to materially differ
from forward-looking statements include, but are not limited to, the
Company's ability to meet the terms and conditions required to obtain its
project financing, risks and delays associated with product development,
risk of market acceptance of new products, risk of technology or product
obsolescence, competitive risks, reliance on development partners and the
need for additional capital.