OriginOil, Inc. Establishes Oil and Gas Division; Announces Management Appointments
July 24, 2012 at 08:33 am
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OriginOil, Inc. announced the formation of a dedicated business unit to aggressively market its continuous-flow, high efficiency and chemical-free technology for frack water cleanup and petroleum recovery.
The company has named Dr. R. Gerald Bailey, former President of Exxon, Arabian Gulf, Abu Dhabi and UAE, as Industry Advisor to this unit, while veteran former Dow Chemical manager Bill Charneski will head the unit as its GM. Bailey has served in engineering, management, and senior executive positions around the world. As President of Exxon, Arabian Gulf, Abu Dhabi, and UAE, he was responsible for the coordination of all Exxon business interests in the Arabian Gulf. Charneski spearheaded the development of the oil and gas cleanup application of OriginOil's proprietary dewatering technology. In his previous work, Charneski gained experience with process development and industrial equipment design and manufacturing, as well as a range of cross-functional knowledge and skills regarding marketing, sales, finance, operations, project management, team building, and quality control systems in an industrial environment.
OriginClear, Inc. is a water technology company. The Company is engaged in designing, engineering, manufacturing and distribution of water treatment solutions for commercial, industrial, and municipal end markets. The Company conducts business, through its subsidiary, Water on Demand, Inc. (WODI). WODI is composed of three operating units, Modular Water Systems (MWS), Progressive Water Treatment (PWT), and Water on Demand (WOD). MWS houses a worldwide, exclusive master license to the intellectual property, consisting of five patents and related intellectual property, know-how and trade secrets (Early IP). PWT specializes in engineered water treatment solutions and custom treatment systems. WOD is an incubation of the Company which is focused on offering private businesses water self-sustainability as a service-the ability to pay for water treatment and purification services on a per-gallon basis. In addition, PWT rents equipment in contracts of varying duration.