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Scalada Holdings, Ltd to be Potential Game Changer for Development of Eagle Ford, Texas Oil and Gas Field

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Scalada Holdings, Ltd to be Potential Game Changer for Development of Eagle Ford, Texas Oil and Gas Field Powered By Docstoc
					Scalada Holdings, Ltd to be Potential Game Changer for Development of
Eagle Ford, Texas Oil and Gas Field

Scalada’s unique and patented technology for wastewater remediation will
play a significant role in new oil boom and economic upswing in Southern
Texas.

Singapore - January 18, 2013 -- Titan Holdings Inc., through its
engineering partner Cherokee Holdings LLC, both wholly-owned subsidiaries
of Scalada Holdings, Ltd. ( http://www.scaladaholdings.net ), announced
today that it has opened negotiations with land holders in Victoria,
Texas, USA to establish a mobile plant to treat the waste water produced
by hydraulic fracking in the Eagle Ford shale oil and gas field. The
Eagle Ford is one of 20 new onshore fields which together could increase
U.S. oil output by 25% in the next decade and dramatically reduce
dependence on imported fuel and risky off-shore drilling.

Titan’s involvement in the development of Eagle Ford is significant
because it brings to the table Scalada’s unique and patented Elemental
Ionization System for remediation of the considerable amount of waste
water produced in the fracking process. The system is considered the
worldwide leader in the field because it cleans up wastewaters in ways
that are economical, environmentally friendly and profitable. The system
also has the distinct advantages over other frac water remediation
systems of onsite placement and almost complete mobility.

The Eagle Ford Shale (EFS) is quite possibly the largest single economic
development in the history of the State of Texas and ranks as the single
largest oil and gas development in the world. More than a dozen companies
plan to drill 3,000 wells over the next year in South Texas. With its
first well drilled a mere three years ago, the Eagle Ford is already
producing 100,000 barrels a day, with estimates of 420,000 barrels per
day by as soon as 2015. Almost $30 billion will be spent to develop the
play in 2013. The play had more than a $25 billion impact on the local
South Texas economy in 2011.

According to Scalada ( http://www.scaladaholdings.net ) CEO Manly Logan,
“Eagle Ford had more than a $25 billion impact on the South Texas economy
last year, and we are confident that, once in place, our cutting edge and
green technology will be one of the major drivers of the U.S. economy in
the coming decade along with the added benefit of making the U.S. far
less dependent on foreign oil.”

To learn more about Titan Holdings, Inc., Cherokee Holdings, LLC, Scalada
Holdings Ltd., and their business of bringing green solutions to the
global marketplace that produce sustainable outcomes, visit
http://www.scaladaholdings.net.

For more information,
Contact Jeremy Merritt, Vice President
Scalada Holdings Ltd
77 Robinson Road
Singapore 068896
Contact Phone: +65 6809 2235
Contact Email: info@scaladaholdings.net
Website: http://www.scaladaholdings.net

Press & Media Contact:
Jeremy Merritt, Vice President
Scalada Holdings Limited
77 Robinsons Rd
Singapore 068896
+65 6809 2235
info@scaladaholdings.net
http://www.scaladaholdings.net

water tech competition, water technology, elemental ionization system,
remediate

				
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Description: Scalada’s unique and patented technology for wastewater remediation will play a significant role in new oil boom and economic upswing in Southern Texas.