STWA, Inc. reported that its commercialization partner China Bejing Heng He Xing Ye Technology Development Co. LTD, (TDC) has received and forwarded to the Company letters from PetroChina Pipeline R&D Center outlining plans for Phase II Field Loop Testing of STWA's AOT's 1.2v. The letters, dated July 25th, 2012, discuss plans for tests to be conducted at the PetroChina loop line test site in Baodi, a district of Tianjin, China.
STWA CEO Mr. Cecil Bond Kyte stated, 'We are proceeding on schedule for testing with PetroChina, the largest oil and gas distributor in China and one of the largest companies in the world. The strong and cooperative relationship that our commercialization partner TDC has with PetroChina is confirmed by the close communications and contingencies being put in place by PetroChina to assure that testing processes are seamless and efficient.'
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