Our Latest Results

January 2017

In November 2016, Petro Motion entered phase one of a development agreement with an independent midstream energy company to commercialize CondiSaV. The focus of the agreement is to provide cost, logistics of manufacturing, proof of product effectiveness and determine the best commercial delivery model to operators. The company has gained sufficient confidence in Petro Motion's "all natural" diluent, CondiSaV to begin drafting a definitive master agreement before the conclusion of phase one activities. Petro Motion is in the process of providing the energy company with blending solutions, proof of performance and a field trial to help expedite their due diligence process. We anticipate a master agreement, business model, customer conversion and timeline by the end of the year.