Airborne Oil Spill Response System May Take Off

Press Release
Thursday, March 14, 2013

An investment research report draws attention to Scout Exploration, Inc. developers of a unique airborne oil spill technology response system.

The system is designed to contain offshore and shoreline oil spills, of which there are hundreds every year, ranging from tens of millions of gallons to millions of barrels of oil in size, causing up to tens of billions of dollars' worth of ecological and business damages. Through a recent transaction, Scout has acquired the rights to what may be the most effective method of oil spill containment and remediation.

In the Goldman Opportunity Research report on the Company, analyst Rob Goldman outlines his investment thesis.
"The Company's proprietary technology and approach is highlighted by a unique airborne delivery method which substantially reduces response time and limits the damage caused by the accident. The size of the market is enormous and, if future tests prove successful, the Scout system could be broadly deployed around the world."

To view a summary of the report or download the report in its entirety, click here.

About Goldman Small Cap Research:
Led by former Piper Jaffray analyst and mutual fund manager Rob Goldman, Goldman Small Cap Research produces small cap and micro cap stock research reports, daily stock market blogs, and popular investment newsletters.
 

Categories: Environmental New Products Offshore Energy Technology

Related Stories

Port Innovation Congress Draws Record Attendees to Valencia

LR, BPA Urge Ports to Prep for Maritime Nuclear Tech

9,000 m³ Methanol-ready Tanker Christened

Current News

Seaborne Grain Exports from Russia Drop 62% in September

Shipping Through Constanta Port Stabilizes After Black Sea Attacks

Next Phase Begins on Tampa Harbor Navigation Improvement Project

DP World Launches Two New Dedicated Freight Corridors Across India

Subscribe for Maritime Logistics Professional E‑News