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ANNOUNCEMENT
Energy Transformed Transitions to Incorporated Entity and Closes Seed Funding Round
HOUSTON, Texas – January 23, 2026 – Energy Transformed (ET4m), the Houston-based innovator in enhanced oil recovery (EOR) for mature shale assets, today announced its formal transition from a limited liability company to Energy Transformed Inc. The company has simultaneously closed its oversubscribed seed funding round, welcoming strategic new partners, to be named at a later date.
This dual milestone accelerates the commercialization of Energy Transformed’s proprietary Cyclic Miscible Stimulation (CMS™) technology and its integrated NGL Recycle System. CMS™ revitalizes existing shale wells by using natural gas liquids (NGLs) such as propane and butane in a cyclic injection process that mobilizes incremental oil, which is then recovered and recycled. The result: restored initial production rates, up to double the estimated ultimate recovery (EUR) for a fraction of the capital cost of new drilling, and meaningful ESG improvements across emissions, water use, and land footprint compared to traditional development.
“Becoming Energy Transformed Inc. and securing this high-caliber seed round marks a pivotal moment for our company,” said Dave Szabo, CEO. “The strong support from our industry partners validates the transformative potential of CMS™ to help operators squeeze far more value from their existing wells and infrastructure—delivering immediate production uplifts, lower breakeven costs, and superior environmental performance. We are now positioned to scale field demonstrations, expand our patent-protected IP portfolio, and deploy commercial projects across major U.S. shale basins.”
The new capital will fund additional pilot projects, full scale implementation, team expansion, and operational readiness to serve shale producers seeking cost-effective, low-risk ways to offset steep production declines and upgrade Tier 2 drilling inventory to Tier 1 economics.
ANNOUNCEMENT
Energy Transformed Inc. Presents Game-Changing Technology That Doubles Oil Recovery from Mature Shale Wells at ADIPEC 2025
Houston, Texas – November 23, 2025 – Energy Transformed Inc. today announced its presentation of SPE-229615-MS, “Cyclic Miscible Stimulation Doubles Estimated Ultimate Recovery from Mature Shale Wells,” at ADIPEC 2025.
The paper, authored by Susan Starr and David Szabo of Energy Transformed, LLC (Houston, Texas), Joseph Dozzo of International Reservoir Technologies (Lakewood, Colorado), and Wayne Beecroft of BP (Houston, Texas), introduces Cyclic Miscible Stimulation (CMS) — a patented “huff-and-puff” Enhanced Oil Recovery process that uses low-cost, readily available Natural Gas Liquids (NGL) to mobilize residual oil in depleted shale wells.
Field trials and reservoir modeling demonstrate that CMS routinely doubles or more the Estimated Ultimate Recovery (EUR) from existing wells — turning mature assets with 5–20% primary recovery into high-value producers. The process requires only simple low-pressure liquid pumping equipment, recycles the majority of the injected NGL through a proprietary mobile NGL Recycle System, and delivers project breakeven economics at approximately $35 per barrel — far superior to both new drilling and competing gas huff-and-puff methods.
“CMS transforms the economics of mature shale assets,” said Susan Starr, co-author and spokesperson for Energy Transformed. “Operators can now double reserves from their existing well stock for roughly one-fifth the capital cost of drilling new wells, using equipment that is modular, mobile, and reusable across dozens of wells over a 20-year life. This is not incremental improvement — it is a step-change in shale recovery.”
Key advantages highlighted in the presentation:
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Immediate production response rivaling initial IP rates
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Reserves booking within the first year
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65–85% NGL recycle after ramp-up, driving net solvent cost below $10/bbl
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Compatible with existing infrastructure; no high-pressure gas compression required
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Lower carbon intensity than new drilling or alternative EOR methods
The technology is protected by a comprehensive portfolio of 19 U.S. patents covering NGL composition, injection methods, and the closed-loop recycle process.
Energy Transformed Inc. is actively engaging with operators to license and deploy CMS across major U.S. shale basins.
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