Jul 15 2014
Lithium Exploration Group Inc. has initiated the application process (under Directive 58 of the Alberta regulations) to bring its Morinville facility to full 1b oilfield waste and 1a industrial waste classifications.
Lithium Exploration Group acquired a controlling interest in the facility in October of 2013. It was returned to active status in December of 2013. The disposal well is grandfathered for disposal of both 1b and 1a waste streams, but the surface facility needs to be expanded with ground sensors, a runoff pond, additional tankage, and laboratory facilities in order to accept a full suite of waste streams from the local market. The company has been in communication with the regulators and is engaging engineering firms and consultants to assist with the facility planning so that it will meet all of the regulatory standards to move the project forward. Presently the facility is disposing of produced water in the area north of Edmonton, Alberta.
"We believe this facility has the opportunity to be the preeminent Class 1a facility for Edmonton and the surrounding area. A massive amount of industrial waste is coming out of the region, a byproduct of the oil sands projects in Alberta, and this waste cannot be disposed of at traditional Class 1b licensed facilities. The well that we have is in great shape and we plan to develop this as a long term asset so that we can assist in the disposal of waste streams for decades," commented CEO Alex Walsh. "We have a solid customer base now and have been in communication with the groups in the area that are in need of a reliable facility to dispose of their Class 1a fluids."
About Lithium Exploration Group
Lithium Exploration Group is a US-based exploration and development company focused on the acquisition and development potential of lithium brines and other precious metals that demonstrate high probability for near-term production. Currently the company is focused on its Western Canada lithium assets, testing its Ultrasonic Generator Technology and the acquisition of oil and gas related assets in Western Canada. Lithium Exploration Group is a fully reporting company traded on the OTCQB under the symbol LEXG. Website: Lithium Exploration Group Inc.
Source: Lithium Exploration Group Inc.