One company that is on the radar of both investors and environmentalists is Ecosphere Technologies. Located in Stuart, Florida, Ecosphere is a diversified water engineering and environmental services company that provides services and state-of-the-art technologies that are utilized in large-scale and sustainable applications across nations, industries and ecosystems. Today, Ecosphere took a major step towards enhancing their future by filing a patent that will help BP and other energy exploration companies recover oil during a deepwater spill.
The file is based on Ecosphere patented Ozonix technology which has been allowing for a better environment in a short period of time. The new process created by the young company is known as the Ecosphere Deepwater Oil recovery Process and is displayed in a PowerPoint presentation on the company website.
One of the leaders in the industry is John Ely of Ely and Associates. Commenting on what this patent will mean to the future of Ecosphere, Ely was quoted as saying, “I have been very involved with Ecosphere Technologies for the past 2 years. My stimulation company has pumped the Ozonix fluid on frac jobs and I have witnessed the Ozonix technology eliminate the use of biocide for major energy companies. This Deepwater Oil Recovery Process is a great application of the Ozonix technology to help BP. Any time we can reduce chemicals in our business and protect the environment we need to.”
Along with this patent, Ecosphere has also announced that it has recently received approval from the U.S. Patent Office for its third patent this year for its Ozonix technology.
Currently, Ecosphere Technologies is trading in the $1.30 range. With this new patent and approval for yet another patent from the U.S. Patent Office, this young company has the potential to take their Ozonix technology to new heights.
To learn more about Ecosphere Technologies, visit the company website at www.ESPH-IR.com