OriginOil (OTCBB: OOIL) Enters Frac Water/ Produced Water Market

Northern, WI 5/10/12 (StreetBeat) – Investorideas.com, a leader in sector research including water stocks and energy stocks issues a news and trading alert for OriginOil, Inc. (OTCBB: OOIL) following news of entering the frac water and produced water treatment market.

OriginOil, Inc. (OTCBB: OOIL), developer of a breakthrough technology to convert algae into renewable crude oil, announced today that it has signed a memorandum of understanding with California-based PACE to collaborate with oil field operators in Texas and elsewhere to improve petroleum recovery and water cleaning for re-use at well sites, using a process it originally developed for algae harvesting.

“The performance we’ve seen from OriginOil’s technology is unheard-of in the industry. Removing 98% of organics from a sample of Texas frac flowback water is beyond impressive,” said Andrew Komor, vice president for environmental water at PACE. “This is the next step, where we get a chance to see that performance in the field. The OriginOil team has been highly responsive and we expect this to be a successful program.”

Subject to definitive agreement, OriginOil plans to provide the equipment and capability to process up to one barrel per minute in continuous flow. Success at this scale would set the stage for a ten-fold increase and beyond.

In keeping with its licensing strategy in algae, oil and gas, and waste removal markets, the memorandum provides that OriginOil may choose to be paid for the equipment and receive a small royalty, or to cover its own costs in return for a larger share of profits.

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Tuesday's Promo Stocks: (OTC:OOIL), (PINK:NYXO), (OTC:BHRT)

Tomahawk, WI 9/20/2011 (PennyPayDay) – Tuesday’s smallcap promo stocks are as follows: Nyxio Technologies (PINK:NYXO); Bioheart, Inc. (OTC:BHRT); and OriginOil, Inc. (OTC:OOIL). These three stocks should see high volume and volatility today.

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Big Volume Today for OriginOil (OTC:OOIL): +10%

Oxford, MS 5/24/2011 (PennyPayDay) -- OriginOil, Inc. (OTC:OOIL) yesterday announced, in a press release, that it has received a firm order for a large-scale algae extraction system from a leading solutions provider in the field of industrial CO2 waste management, MBD Energy, Ltd. (MBD). The order follows recent collaborative trials of OriginOil’s equipment focused on optimizing capacity to handle large volumes of algae continuously.

The new system on order is one of the largest next-generation extraction systems of its kind in the world. The equipment is expected to process up to 1100 liters (300 gallons) per minute of algae culture continuously, enough to process the daily harvest at MBD’s upcoming one hectare site at Queensland’s Tarong power station.

“This milestone places OriginOil at the forefront, globally, of delivering high scale, energy-efficient dewatering and extraction of algae, one of the most critical issues facing algae production today,” said Riggs Eckelberry, OriginOil CEO. “Our work with MBD has also proven our ability to help collaboratively integrate other vendors in the process to ensure an end to end solution for our industry.”

With this firm new equipment order, OriginOil will approach its forecast of $1 million in booked sales for products and services in 2011.

“We are currently installing the first hectare of our project at Tarong Power Station in Queensland and OriginOil’s equipment will help us efficiently harvest and process the very large volumes of algae biomass we expect to produce, beginning later this year,” said Managing Director Andrew Lawson, MBD’s Managing Director.

OriginOil helps algae growers extract oil from algae for use as a feedstock for the commercial production of transportation fuels, chemicals and foods.

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