Statement by Lars Nylin

Every oil producer is in constant struggle trying to maintain their oil production, because every oil well begins to decline in production from the first day the oil starts to flow. It is much more cost effective to enhance oil recovery by using GreenZyme® in existing oil wells as opposed to drilling new ones.
Oil wells are expensive to drill and there is never any guarantee that the well will produce commercial amounts of oil. Most oil wells are subjected to primary, secondary and tertiary production activities. Since our technologies is a cure for these other antiquated processes every oil well is a potential candidate for our modern GreenZyme® production stimulating catalyst technology.