Biota News

BIOTA RECEIVED COVERAGE FROM LUX RESEARCH

Lux Research initiates coverage on Biota and gives a positive rating in independent, market research report.

Lux has yet to find a company that has successfully commercialized a novel microbe-based oilfield technology. However, unlike its peers, Biota does not attempt to control or change the downhole environment. In other words, Biota’s technique does not interfere with established practices, which was a major barrier for its predecessors.

-Lux Research

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