Micromem Expands Opportunity in Romania
Micromem Expands Opportunity in Romania
Toronto, Ontario and New York, New York--(Newsfile Corp. - June 29, 2023) - Micromem Technologies Inc. (CSE: MRM) (OTCQB: MMTIF) ("Micromem") ("the Company") is pleased to announce it has received the detailed specifications for an ARTRA oil unit (the "Unit") to be delivered to Romania. The Unit, in operation and type, is a similar Unit that was delivered to Chevron and successfully tested in Lost Hills California. This Unit, which is now being costed, will be built in California by our engineering partner firm, Entanglement Technologies and will be utilized for lab testing as well as to determine the viability for use in the field with the objective of designing an interconnected smart network in the oil field. This is a new opportunity for Micromem.
安大略省多伦多和纽约州纽约——(Newsfile Corp.,2023年6月29日)——Micromem Technologies Inc.(CSE:MRM)(OTCQB:MMTIF)(“Micromem”)(“公司”)很高兴地宣布,它已收到向罗马尼亚交付的ARTRA石油装置(“单位”)的详细规格。该装置在运行和类型上都与雪佛龙相似,已交付给雪佛龙,并在加利福尼亚失落的山丘成功进行了测试。该单元目前正在计算成本,将由我们的工程合作伙伴公司Entanglement Technologies在加利福尼亚建造,将用于实验室测试以及确定在油田中使用的可行性,目的是在油田中设计一个互联的智能网络。对于 Micromem 来说,这是一个新的机会。
Currently there are approximately 14,000 actively producing oil wells in Romania with the identified partner having approximately 4,000 oil wells. The Unit is different from the ARTRA devices being developed for gas operations in Romania and will provide additional hardware sales of the oil version and analytics contracting opportunities for the Company. This project will benefit from work already being done in Romania by Micromem's team for deployment of ARTRA units in the gas well industry. The Company expects to launch this project concurrently with the ARTRA gas well deployment. The analytics work being done can now be expanded to include opportunities in the oil industry.
目前,罗马尼亚大约有14,000口正在生产的油井,而确定的合作伙伴有大约4,000口油井。该部门不同于为罗马尼亚天然气业务开发的ARTRA设备,它将为该公司提供石油版本的额外硬件销售和分析合同机会。该项目将受益于Micromem的团队已经在罗马尼亚进行的在天然气井行业部署ARTRA装置的工作。该公司预计将在ARTRA天然气井部署的同时启动该项目。现在可以将正在进行的分析工作扩展到包括石油行业的机会。
About Micromem.
Micromem Technologies Inc. and its subsidiaries, a publicly traded (OTCQB: MMTIF) (CSE: MRM), company analyzes specific industry sectors to create intelligent game-changing applications that address unmet market needs. By leveraging its expertise and experience with sophisticated sensor applications, the Company successfully powers the development and implementation of innovative solutions for oil & gas, utilities, automotive, healthcare, government, information technology, manufacturing and other industries. Visit .
关于 Micromem。
Micromem Technologies Inc. 及其子公司是一家上市公司(OTCQB: MMTIF)(CSE: MRM),分析特定的行业领域,以创建改变游戏规则的智能应用程序,以满足未满足的市场需求。通过利用其在复杂传感器应用方面的专业知识和经验,该公司成功地推动了石油和天然气、公用事业、汽车、医疗保健、政府、信息技术、制造业和其他行业的创新解决方案的开发和实施。参观。
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This press release contains forward-looking statements. Such forward-looking statements are subject to a number of risks, assumptions and uncertainties that could cause the Company's actual results to differ materially from those projected in such forward-looking statements. In particular, factors that could cause actual results to differ materially from those in forward-looking statements include: our inability to obtain additional financing on acceptable terms; risk that our products and services will not gain widespread market acceptance; continued consumer adoption of digital technology; inability to compete with others who provide comparable products; the failure of our technology; the infringement of our technology with proprietary rights of third parties; inability to respond to consumer and technological demands; inability to replace significant customers; seasonal nature of our business; and other risks detailed in our filings with the Securities and Exchange Commission. Forward-looking statements speak only as of the date made and are not guarantees of future performance. We undertake no obligation to publicly update or revise any forward-looking statements. When used in this document, the words "believe," "expect," "anticipate," "estimate," "project," "plan," "should," "intend," "may," "will," "would," "potential," and similar expressions may be used to identify forward-looking statements.
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The CSE or any other securities regulatory authority has not reviewed and does not accept responsibility for the adequacy or accuracy of this press release that has been prepared by management.
CSE或任何其他证券监管机构尚未审查管理层编写的本新闻稿的充分性或准确性,也不承担任何责任。
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Listing: NASD OTC-QB - Symbol: MMTIF
CSE - Symbol: MRM
Shares issued 505,526,137
SEC File No: 0-26005
上市:NASD 场外交易-QB-符号:MMTIF
CSE-符号:MRM
已发行股份 505,526,137
美国证券交易委员会文件编号:0-26005
Investor Contact: info@micromeminc.com; Tel. 416-364-2023. Subscribe to receive News Releases by Email on our website's home page. .
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