Below from 1/8/17 presentation, hoping to see some follow up ann. in the new year
The oil field chemical market is~$20billion/year. HCD is potentially relevant to 50% of this market.
New Business –Potential Impacts
Pipeline Applications. Revenue possibilities are up to $1/bbl treated. A single 20,000 bbl/day pipeline could therefore generate revenue of $7m/year
Product Sales to Producers. Similar revenue objectives of $1/bbl of recoverable oil treated.
Self Owned Projects. Seek to own projects that generate significant reserves and production (initially in North America). Target projects with 10mmbbls recoverable
Incremental Production. Contribute product to producers for share of incremental production and profits
Tank Cleaning &Refineries. Large contract could generate up to $8m in revenue
Ann: Indago Acquires Leases in US Heavy Oil Province, page-6
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