Two California Startups Team Up to Challenge Halliburton’s Costs for Cleaning Produced Water and Frack Water

  Two California Startups Team Up to Challenge Halliburton’s Costs for
  Cleaning Produced Water and Frack Water

PearlH2O’s FRACK-BACK system which integrates OriginOil’s CLEAN-FRAC
technology is projected to achieve breakthrough 2.5 cents per gallon water
treatment operating cost

Business Wire

LOS ANGELES -- March 13, 2013

OriginOil, Inc. (OTCBB: OOIL), the developer of a breakthrough energy
production process for the oil and algae industries, teamed up with its first
licensee, PACE spinoff PearlH2O, to challenge industry giant Halliburton’s
published costs for cleaning flowback water for reuse in wells.

“Halliburton reported on its cost to operate their CleanWave system in the
Haynesville shale in 2011, which comes to four cents per gallon of water
treated,” said Riggs Eckelberry, OriginOil CEO. “But based on its experience
in the Eagle Ford Formation in southeast Texas, PearlH2O estimates it can
achieve operating costs as low as 2.5 cents per gallon by integrating our
CLEAN-FRAC™ technology, with potentially much better results than CleanWave.
We believe this is a revolution in the making for the oil industry and we look
forward to scaling up with our partner, PearlH2O.”

“Halliburton’s achievement of 95-99% removal of Total Suspended Solids, Total
Hydrocarbon, Iron and Heavy Metals is just the starting point for our own
FRACK-BACK™ process,” said Andy Komor, VP Environmental Water at PACE. “In
addition, our tests have shown we can achieve substantial removal of hardness
and dissolved organics.”

“As a bonus,” added Bill Charneski, General Manager of OriginOil’s Oil and Gas
Division, “we believe we can achieve near-total bacteria removal, which for
Halliburton requires an entirely separate process, Clean-Stream. All of this
for a cost much lower than Halliburton’s CleanWave alone. Clearly, we can
offer a completely new value proposition and we invite the oil and gas
industry to try us out.”

Cory Severson, President of PearlH2O, went on to say, “Our projected cost
analysis is based on 30 years of experience in designing and operating water
treatment systems. Furthermore, and perhaps most significant, is that the
projected costs do not take into consideration potential revenue from the sale
of treated water or recovered oil. We believe that reusing or selling treated
water creates a compelling economic incentive that should shift the mentality
of the industry from disposal to recycling.”

Eckelberry also commented on the environmental benefits of the technology:
”Recycling of produced and frack water not only makes economic sense, it is
the right solution for the environment and for local economic development.
Reusing produced and frack water will benefit an increasing number of areas
where fresh water is scarce. In addition, recycling allays contamination
concerns that have resulted from evaporation ponds or disposal wells.”

OriginOil’s CLEAN-FRAC system is a chemical free, continuous process that
employs low-energy technologies to decontaminate frack or produced water
onsite at the oil field. It is designed to integrate with systems like
PearlH2O’s FRACK-BACK that can purify oil and gas process water to enable
reliable recycling of produced and frack flowback water.

Recent field trials outside Bakersfield, California, indicated that organics,
measured by Chemical Oxygen Demand (COD), were reduced by as much as 99%. And
Total Suspended Solids (TSS), also known as turbidity, were reduced by as much
as 98%. A video documenting this success is available
atwww.vimeo.com/60586952.

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About OriginOil, Inc.

OriginOil has developed an energy production process for harvesting algae and
cleaning up oil & gas water. Operating at the first stage of extraction, this
high-speed and chemical-free process can be embedded in other systems to
improve performance. Originally invented to solve the biggest problem in algae
production, it is now finding demand in oil and gas fracking and production
water cleanup, an immediate and fast-growing market that desperately needs
clean technology solutions. To learn more about OriginOil®, please visit our
website atwww.originoil.com.

Safe Harbor Statement:

Matters discussed in this update contain forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995. When used in
this update, the words "anticipate," "believe," "estimate," "may," "intend,"
"expect" and similar expressions identify such forward-looking statements.
Actual results, performance or achievements could differ materially from those
contemplated, expressed or implied by the forward-looking statements contained
herein. These forward-looking statements are based largely on the expectations
of the Company and are subject to a number of risks and uncertainties. These
include, but are not limited to, risks and uncertainties associated with our
history of losses and our need to raise additional financing, the acceptance
of our products and technology in the marketplace, our ability to demonstrate
the commercial viability of our products and technology and our need to
increase the size of our organization. Further information on the Company's
risk factors is contained in the Company's quarterly and annual reports as
filed with the Securities and Exchange Commission. The Company undertakes no
obligation to revise or update publicly any forward-looking statements for any
reason.

Abstract

Two California startups team up to challenge Halliburton’s costs for cleaning
produced water and frack water; PearlH2O’s FRACK-BACK system which integrates
OriginOil’s CLEAN-FRAC technology is projected to achieve breakthrough 2.5
cent per gallon water treatment operating cost

Key Words

originoil, originoil inc, ooil, origin oil, oil & gas technology, oil & gas
cleanup, frac water cleanup, solids out of solution, clean-frac, algae
appliance, Riggs Eckelberry, frac cleanup, hydraulic fracturing cleanup,
produced water cleanup, invest algae, invest oil & gas, new oil, algae oil,
renewable oil, algae biofuel, chemical free process algae, algae
commercialization, algae harvesting, renewable crude oil, algae extraction,
Bill Charneski, Clean-Frac, Clean-Frack, PACE, PearlH2O, FRACK-BACK, Andy
Komor, Halliburton, Cory Severson, TSS

Contact:

Press Contact:
Antenna Group – a Beckerman Company
Jerry Schranz
201-465-8020
jerry@antennagroup.com
or
Investor Relations:
OriginOil
Tom Becker
Toll-free: 877-999-OOIL (6645) Ext. 3
International: +1-323-939-6645 Ext. 3
Fax: 323-315-2301
ir@originoil.com
www.originoil.com
 
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