VANCOUVER, April 7 /CNW/ - Free Energy International Inc. ("Free Energy" or the "Company") has received an order from Devon Energy Corporation, one of the world's leading independent oil and gas exploration and production companies, to install Free Energy's patented WH3500N remote wellhead heater system on eight wells in the Swan Hills area of Alberta. This test program will confirm the efficiency of the wellhead heater system. The potential market for this system is hundreds of wells in Canada and northern USA.
The new superconductor powered WH family of wellhead heater products offers a low cost geothermal alternative to other increasingly more expensive sources of power such as electricity, propane or natural gas. The WH3500N system, when used in a conical wellhead shelter with an R-8 insulation factor or better, will keep the inside temperatures above the freezing point in temperatures as low as -40 C or F. The WH series 1 1/2 inch diameter super conductor geothermal rods are drilled vertically 25-30 feet into the ground beneath the surface of the earth within the covered area thus allowing the warmer temperatures from below the Earth's surface to be transferred upward. This heat transfer keeps the sheltered area above freezing temperature. The natural heat contained below the Earth's surface only transfers to the surface area when a temperature difference occurs to activate the process thus ensuring that frost is not driven down into the ground. The Free Energy WH family of products offer low installation and operating cost as well as many years (25-30) of trouble free operation.
Win for the environment:
Some of the benefits are, the WH3500 heater requires no external energy, can be installed anywhere, increases production, reduces maintenance costs, lowers operating costs and provides the confidence that a producer's wells will be producing at full capacity in the winter months. Other notable benefits include adding value to production fields, preserving the life of field equipment avoiding damage to bordering landscape with vehicle traffic of maintenance trucks, and a potential for Offset Carbon Credits.
About Free Energy International Inc.(Formerly Fairfax Capital Inc.)
Free Energy International Inc. is a British Columbia corporation with its head office in Vancouver, British Columbia. The Company is listed on the TSX Venture Exchange as a Tier 2 company. The Company has a total of 12,836,453 common shares issued and outstanding, of which 7,056,000 shares are subject to escrow arrangements.
Additional information on Free Energy may be found on SEDAR at www.sedar.com
Information on the technology can be viewed at the Free Energy website at www.freeenergysolutions.ca.
Alf Sanderson, President Free Energy International Inc. "Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release."
This release may contain forward-looking statements or statements relating to matters that involve a number of risks and uncertainties. Actual events or results could differ materially from the Company's expectations and projections.
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