February 20, 2018 - 7:30 AM EST
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EES Announces Joint Venture to Introduce New Product

OKLAHOMA CITY, Feb. 20, 2018 /PRNewswire/ -- Energy and Environmental Services, Inc. ("EES" or the "Company") (OTC: EESE) is pleased to announce the formation of a new company named Vortex Oilfield Products, LLC that will specialize in the marketing and distribution of pump barrels coated with the Company's anti-corrosive Enduro-Bond® coating.

The pump barrel is the metal cylinder in which the plunger of a sucker rod reciprocates and is an integral part of most downhole pump systems used in oil & gas wells.  Enduro-Bond Manufacturing Company, a wholly owned subsidiary of EES, will receive payment for the coating of the pump barrels and EES will participate in 50% of the pump barrels sales revenue through its ownership in Vortex Oilfield Products, LLC.

"The pump barrel market has long been dominated by chrome steel components with marginal competition," said Leon Joyce, Chief Executive Officer. "We're eager to introduce the new Vortex pump barrel coated with Enduro-Bond® that will perform superior to chrome steel for lower cost to the customer."

"I'm excited about the opportunity to provide a product that is lower cost and provides superior service to the oil and gas producer," said Mark Day managing member of Vortex Oilfield Products, LLC.

Further announcements will be forthcoming.

About EES

Energy and Environmental Services, Inc. (EES), based in Oklahoma City, participates in the oilfield chemical, anti-corrosive coatings and biotech industries.  EES was established in 1991 and management has over 50 years of experience blending, manufacturing and packaging custom liquids and solid chemicals for the oil, gas and agricultural industries.  Additionally, the company has expanded to develop innovative products and applications for enzyme system technologies, livestock feed supplements, specialized anti-corrosive coatings and solar well treatment systems.  Please visit the company's website at www.eesokc.com.

Safe Harbor for Forward-Looking Statements

Certain statements contained in this press release are forward-looking statements. These forward-looking statements involve risks and uncertainties that could cause Energy & Environmental Services actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Except as required by law, Energy & Environmental Services expressly disclaims any intent or obligation to update any forward-looking statements.

Cision View original content:http://www.prnewswire.com/news-releases/ees-announces-joint-venture-to-introduce-new-product-300600270.html

SOURCE Energy and Environmental Services, Inc.


Source: PR Newswire (February 20, 2018 - 7:30 AM EST)

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