From Intention to Implementation
Let us celebrate once again the positive hydrostatic test just over a month ago. As you would expect, our next step is to follow up with our existing or future development partner(s). Since last year, communication has been well underway from where we left off with whom was our existing development partner in June 2020. Furthermore, we have garnered the attention of a new set of individuals that could consolidate the involvement of new development partner(s).
I would emphasize that the timing and participation of such efforts are designed to yield results that would surpass what we established in late 2013 with TransCanada. In the coming weeks we expect to have our second engineering call with relevant parties to what should culminate into a formal relationship and predictable benefits.
I thank you for your patience and support as we navigate our final path to commercial viability.
Cecil Bond Kyte
CEO
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About Applied Oil Technology
QS Energy’s patented Applied Oil Technology (AOT) is a solid-state turn-key system which uses a high volt / low amp electric field to reduce crude oil viscosity. AOT installs inline on crude oil pipelines, operates unattended without interrupting pipeline flow, with full remote monitoring and control. More information is available online here.
About QS Energy
QS Energy, Inc. (OTCQB: QSEP), develops and markets crude oil flow assurance technologies designed to deliver measurable performance improvements to pipeline operations in the midstream and upstream crude oil markets. More information is available here.