BNET Industries
Market Cap:$2.0M
Last Fiscal Year Sales:$5.0K
- Public
- US
Dow Jones Description
Imperial Petroleum Recovery Corporation, with its wholly owned subsidiary Petrowave Corporation, is a Houston based public company that has patented microwave technology for use in petroleum and alternative energy applications. Its initial application was in the recovery of previously unrecoverable oil through an environmentally friendly and cost effective patented process utilizing microwaves. IPRC's goal is to become a leader in developing and marketing innovative commercial radio frequency ("RF") energy applications that (1) can be used within the petroleum and associated industries to treat emulsions containing oil, water, and solids and (2) may be added to existing technology to enhance production processes. The Company utilizes a proprietary, patented process using high-energy microwaves called Microwave Separation Technology ("MST"). The Company's offices are located at 1970 South Starpoint Drive, Houston, Texas, and our phone number is (281) 821-1110. Our common stock currently trades Over-The-Counter (OTC) as a Pink Sheet stock under the symbol "IREC".
Chairman & CEO
Alan B SpringerPeer Companies
NAICS Code Materials Recovery Facilities: 562920
News & Analysis
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imperial petroleum recovery corp. - All News and Analysis
Imperial Petroleum Recovery Corp. introduces new sludge recovery units for North American market
- 1997-05-28
HOUSTON--BUSINESS WIRE--May 28, 1997--Imperial Petroleum Recovery Corp. (OTC Bulletin Board: IREC) has introduced smaller-scale versions of its MST System sludge recovery units. The units utilize Imperial Petroleum Recovery's proprietary RF technology to convert crude oil waste into saleable oil, treatable water and a dramatically-diminished quantity of disposable...
Imperial Petroleum Recovery Corp. Announces the Signing of a Licensing Agreement
- 1996-12-20
ALEXANDRIA, Va.--BUSINESS WIRE--Dec. 20, 1996--A spokesperson for Imperial Petroleum Recovery Corp. (NASDAQ OTC BULLETIN BOARD: IREC) announced today that the company has signed a territorial license with the province of Hebi, including the city of Beijing, China for its crude oil sludge remediation system. According to...
- 1
Decision Makers
| Name (plus bio) | Position |
|---|---|
| Edward C Gaiennie | Chief Financial Officer |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| Alan B Springer | Chairman & CEO |
| James W Hammond | Board of Directors |
| Organization | Position | Status |
|---|---|---|
| Imperial Petroleum Recovery Corp | Chairman & CEO | Current |
| University of Maryland | Adjunct Professor | Former |
| The University of Akron | MBA. | Former |
| University of Utah | Bachelor of Science In Industrial Engineering | Former |
| Organization | Position | Status |
|---|---|---|
| Imperial Petroleum Recovery Corp | Chief Financial Officer | Current |
| Imperial Petroleum Recovery Corp | Board of Directors | Current |
| Louisiana State University | Bachelor of Science Degree In Business | Former |
| Organization | Position | Status |
|---|---|---|
| Imperial Petroleum Recovery Corp | Board of Directors | Current |
| Virginia Polytechnic Institute and State University | Bachelor of Science Degree In Chemical Engineering | Former |
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