GE and FilterBoxx Sign Landmark Agreement to Advance Water Treatment Solutions for Oil Sands

Technology to Reduce Water Usage by 30 to 50 Percent

TREVOSE, PA.—July 12, 2010—Recognizing the importance of finding efficient and economical ways to recover heavy oil from the oil sands regions, GE (NYSE: GE) and FilterBoxx Water & Environmental Corp. have teamed up to develop innovative water treatment solutions.

GE and FilterBoxx recently signed an agreement to develop integrated de-oiling and water treatment options for Alberta’s oil sands. Specifically, the two companies will work together on heavy oil produced water treatment projects using in-situ thermal methods such as steam-assisted gravity drainage (SAGD).

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