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Nevtah Capital Management Inc.: Independent Engineering Report on Nevtah/Black Sand Closed-Loop Oil Sands Extraction Process Confirms Oil Recovery Costs of $10.00 - $15.00 per Barrel
PALM BEACH GARDENS, FL (MARKET WIRE) Nevtah Capital Management (PINKSHEETS: NTAH) and its joint venture partner, Black Sand Energy, today announced the completion of an independent engineering study which focused on their patented, closed-loop oil sands extraction process. The report was recently completed by a qualified engineer with over 20 years of experience in the petroleum industry. This evaluation was generated by Nevtah/Black Sand in response to the requests of several potential joint venture groups currently evaluating this unique extraction process for possible partnerships in developing their respective oil sands