Share

- Shipment of OriginOil Quantum Fracturing System to MBD Energy Triggers Payment -

OriginOil, Inc. (OOIL), the developer of a breakthrough technology to transform algae, the most promising source of renewable oil, into a true competitor to petroleum, today announced that it recently notified MBD Energy Limited that it is ready to ship a Quantum Fracturing™ System, the first unit in a multi-phase commercialization program. The notification triggers a payment under a purchase order from the Australia-based customer.

Read more on OriginOil Announces Revenue from First Customer…

Energy Tags: ,