CORRE Operating Partner Finalizing Kuwait Pilot Project

TORONTO, ONTARIO--(Marketwired - Oct. 11, 2013) - Canadian Oil Recovery and Remediation Enterprises Ltd. (TSX VENTURE:CVR) ("CORRE" or the "Company") is pleased to announce that its operating partner EcoTecnos has recently concluded a series of week-long meetings with the operating partnership's customer in Kuwait concerning its satellite detection pilot project. After verification of the findings of the satellite detection report by the independent consultant of the customer, the customer communicated to EcoTecnos that they were very impressed with the accuracy of the report.

In the first and second phases of the pilot project, EcoTecnos was required to identify and quantify different oily sludge wastes and the underground penetration of oil contamination at the bottom of the customer's sludge pits. EcoTecnos was also asked to provide 2D images of the sludge pits being studied. EcoTecnos was given samples by the customer of the different types oily sludge and oil-contaminated soil from different levels of the sludge pits for the purpose of their identification and quantification.

As stated above, the operating partnership's customer in Kuwait verified that 17 out of the 20 unique samples of sludge given to us were properly detected and quantified. As for the three remaining samples, EcoTecnos was not able to detect or quantify them due to uncontrollable interference in their georeference mapping. EcoTecnos was asked by the customer to use its satellite detection to detect and quantify the three affected samples again in order to complete the study. The operating partnership anticipates moving to contract negotiations thereafter.

EcoTecnos was then requested by the customer to provide mapping of underground corroded pipelines, adding a new product and dimension to the pilot project. However, we indicated to the customer that any mapping of corroded pipelines will require a new pilot project. The customer is presently studying the partnership's request.

CORRE will provide an update on the final results once the pilot project has been completed and the anticipated contract negotiations have commenced.

The GeoSensing™ satellite detection technology is a complete subsurface mapping solution which utilizes a combination of ground-penetrating radar and a unique substance fingerprint database. 2D maps are then produced which indicate the location of hydrocarbon contamination and other substances beneath the surface of the earth up to a depth of 150 meters. EcoTecnos has used GeoSensing™ for major clients such as ExxonMobil, ENAP (Chilean National Oil Company), and Empresas Copec.

About CORRE

CORRE is a Canadian-based oil services company which trades on the TSX Venture Exchange under the symbol CVR. CORRE provides full cycle oil waste management solutions to the petroleum industry. CORRE's customers are primarily in the upstream petroleum sector (oil production and drilling companies) and downstream petroleum sector (oil refinery, transportation and distribution companies). CORRE's operating lines include remediating oil-contaminated soil; treating sludge, oil based muds and drilling waste, oil recovery; automated oil storage tank cleaning, oil and gas engineering, and project management. CORRE provides its advanced environmental solutions through strategic operating partnerships with some of the most distinguished companies throughout the world.

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