Pemex to Lease Robix P Series Oil Recovery Product in Oil Production Settling Ponds
LETHBRIDGE, ALBERTA--(Marketwired - Oct 20, 2015) - Robix Alternative Fuels, Inc. ("Robix" or the "Company") (CSE:RZX)(R0X.F) announced today that as a result of meetings with senior representatives of Petroleos Mexicanos ("Pemex") that commenced in July, 2015 in Villahermosa, Mexico (see Robix press release dated July 8, 2015), and Robix's newly formed joint venture ("JV") between its Mexican subsidiary, Corris Technologies Mexico S.A. de C.V. and Petrolmeca S.A. de C.V. (see Robix press release dated May 4, 2015), the JV has received technical and legal approval by Pemex to design and build a land based P-Series oil spill recovery platform (launched in September 2015, see Robix press release dated September 2, 2015) for use in one of its large oil production settling ponds. Once budget allocation has been finalized by Pemex, construction of the P Series recovery platform will commence. It is anticipated that the P Series will be deployed to site in the first quarter of 2016, and that it will be subject to a services agreement with a multi-year fixed term.
- Published: 21 October 2015
- Written by Editor