RENO, Nev., Nov. 8, 2005 (PRIMEZONE) -- Brian Wilmot, Eagle Environmental Technologies' (Pink Sheets:EGVR) CEO, announced that the wells in its Siler lease have received the necessary clearance from the RailRoad Commission, Oil and Gas Division in Texas, to begin production and sales. The production had been held up as the company completed several well tests to assure integrity of the wells and safety of the equipment. "It was a normal requirement of the State to test non-operating wells, but with the number of non-operating wells received as part of our original purchase, it took much longer than anticipated," stated Wilmot. There are more wells to test, but they will be done in succession as we continue to develop the field. Early field reports indicate that additional oil zones may be available for development using the same well hole as the current zone in production. This would greatly enhance overall production without a significant additional cost. Additional zone development could push average oil recovery to over 10 barrels per day per well.
For shareholder or other information, call John Bowles at: 866-896-5800.
NOTE: Statements contained in this release that are not strictly historical are "forward-looking' within the meaning of the safe harbor clause of the Private Securities Litigation Reform Act of 1995. Editors and investors are cautioned that such forward-looking statements invoke risk and uncertainties that may cause the company's actual results to differ materially from such forward-looking statements. These risks and uncertainties include, but are not limited to, the company's ability to continue to develop its market, demand for the company's products and services, general economic conditions, and other factors that may be more fully described in the company's literature and any periodic filings with the Securities and Exchange Commission.