The Group’s WET? technology can quickly and efficiently be deployed to any location and adapt to variations in brine water streams. As a result, Iofina is able to deploy PODs to operational third party oil and gas wells throughout the country, presenting third party producers with a revenue source from waste brine streams. Through partnering with Iofina, operators’ brine streams, which have historically been a cost base, can now be monetized and turned into a new revenue source which, in many instances, can completely alter the economics of existing operations and furthermore make other operations commercially viable for the first time. The recent decline in gas prices presents a strong economical case for extracting value from waste brine streams as a separate revenue source.A key component of Iofina’s strategy consists of providing a full service solution to resource operators generating brine streams associated with oil and natural gas production. A rigorous engineering review of the modular POD/Cluster WET? units has been completed and improvements to the PODs and to the WET? plant have been incorporated in four of the six units that are now available to be deployed to third party brine streams. Each POD is capable of production rates of up to 6,500 bbpd per unit. Iofina has identified a large number of different third party brine stream operators in the U.S. and is in various stages of evaluations and discussions in respect of each of these. These brine stream opportunities range from 2,000 to more than 500,000 bbpd per location. Iofina has already identified several hundred operations that have tested over 50 ppm of iodine, with a number reaching up to 2,000 ppm of iodine. It is encouraging that many of these brine streams have significantly higher volumes than anticipated and, in addition, many are