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Classified in: Oil industry, Business
Subject: PDT

Lightning Ventures announces Pemex to expand hot oil pilot programs


VANCOUVER, Jan. 18, 2018 /CNW/ - Lightning Ventures Inc. (CSE: LVI) (Frankfurt: 1HM) (the "Company") is pleased to announce that its wholly owned subsidiary, Lightning Industries, has been requested to expand the Pemex hot oil pilot programs to include an additional well site in Villahermosa and also a pipeline cleaning demonstration at their refinery in Tula, Mexico. In addition, a private company, Grupo Diavaz has requested a demonstration of its paraffin removal process at one of their well sites in the Tampico area.

Don Rainwater, CEO, commented: "Lightning has now committed to five demonstration pilots for Pemex, Stata BPS, and Grupo Diavaz. The diversity of the pilots gives Lightning an excellent opportunity to showcase the full range of our capabilities while at the same time increasing the number of revenue opportunities."

About Lightning Ventures

Lightning Ventures Inc. (CSE: LVI) (Frankfurt: 1HM) is an oil and gas industrial services company.  It operates a specialty manufacturing business based in Hobbs, New Mexico through its subsidiary Lightning Industries, Inc., which provides products to enhance efficiency and increase the production of oil and gas wells.

Further information about Lightning Ventures is available under its profile on the SEDAR website www.sedar.com and at www.lightningind.com.

Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.

This news release may contain forward-looking statements based on assumptions and judgments of management regarding future events or results. Such statements are subject to a variety of risks and uncertainties which could cause actual events or results to differ materially from those reflected in the forward-looking statements. The company disclaims any intention or obligation to revise or update such statements. 

SOURCE Lightning Ventures Inc.


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