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Imperial to Move Forward with “Revolutionary” Project
May. 14, 2012 10:48AM PST
Oil and Gas InvestingImperial Petroleum Inc. (OTCQX:IPMN) announced that it is now able to move forward with its Kentucky joint venture project, an oil recovery system that the company President has described as revolutionary.
Imperial Petroleum Inc. (OTCQX:IPMN) announced that it is now able to move forward with its Kentucky joint venture project, an oil recovery system that the company President has described as revolutionary.
Jeffrey Wilson, President of Imperial Petroleum, commented:
The project is designed to recover heavy oil from surface mineable oil sands at the rate of about 1,000 barrels per day. We have received some very favorable press from the local newspapers in the area and expect quite a lot of interest in the success of our project.
Click here to read the full Imperial Petroleum Inc. (OTCQX:IPMN) press release.