#PCT #Announces #21st #Century #Energy #Contract
LITTLE RIVER, SC, Sept. 29, 2022 (GLOBE NEWSWIRE) — via NewMediaWire – PCT LTD (OTC Pink: PCTL): 21st Century Energy Inc, a subsidiary of PCTL, is pleased to announce an executed contract with a large oil service company in the western United States. PCTL recently formed two subsidiaries: 21st Century Energy, Inc. and 21st Century Healthcare, Inc. The subsidiaries were formed so each one could focus on their respective industries. 21st Century Energy provides EPA-approved low-toxic, environmentally friendly biocide to the oil and gas industry used downhole for remediation and elimination of highly toxic hydrogen sulfide (H2S) and its associated bacteria. H2S can destroy equipment, delay, or cancel the sale of produced oil, add to the disposal costs of byproducts, and create a safety risk to those working around the well site, or in the transportation, processing of produced products. Refineries pay more per barrel for sweet oil than oil containing H2S or from sour wells allowing oil producers to maximize profits. Our biocide is also used by the fracking industry to disinfect fracking water facilities. 21st Century Energy, Inc. shipped (3) large volume machines to the oil service company last week.
About PCT LTD:
PCT LTD (“PCTL”) focuses its business on acquiring, developing, and providing sustainable, eco-friendly disinfecting, cleaning, and tracking technologies. The company acquires and holds rights to innovative products and technologies, which are commercialized through its wholly owned operating subsidiaries, Paradigm Convergence Technologies Corporation, 21st Century Healthcare, Inc. and 21st Century Energy, Inc.
Forward-Looking Statements:
This press release contains “forward-looking statements. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions or future events or performance are not statements of historical fact and may be…
