CleanGo Innovations' Kubera Black Energy Launches Global GOR Program and Announces Private Placement

By The Building Texas Show
Kubera Black Energy, a subsidiary of CleanGo Innovations, launches a global Gain of Revenue program offering zero upfront chemical costs to oil well operators, while CleanGo announces a non-brokered private placement to fund operations.

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CleanGo Innovations' Kubera Black Energy Launches Global GOR Program and Announces Private Placement

CleanGo Innovations Inc. (CSE: CGII) (OTC: CLGOF) (FRA: APO2) announced that its wholly owned subsidiary, Kubera Black Energy, has officially launched its global Gain of Revenue (GOR) program. The program is designed to provide oil well operators worldwide with an environmentally friendly solution that also enhances production. Under the GOR model, Kubera Black Energy assumes 100 percent of the upfront chemical cost and risk, supplying its proprietary CG-100 green chemistry at zero cost to the well owner. Technical analysts audit recent production history to establish an auditable baseline, and operators retain 100 percent of the revenue from that baseline. For instance, if a well produces 20 barrels per day, that baseline is protected. Any incremental production, such as an increase to 60 barrels per day, is split on a collaborative revenue basis.

Operators maintain complete control over their leases, as they use their own field crews for all on-site implementations. Kubera Black Energy only supplies the engineering and advanced green chemistry, and will assist only at the operator's direct request. The CG-100 product is a certified green alternative to traditional toxic chemicals like acid washes or hot oiling. It uses advanced green emulsification and targeted structural breakdown to permanently address downhole production bottlenecks, including macrocrystalline paraffin waxes, asphaltene aggregations, and organic binder scales. The technology lowers interfacial tension, alters thermodynamic wettability to a water-wet state, and encapsulates wax molecules in stable chemical micelles, ensuring permanent fluidization.

In a related move, CleanGo also announced its intention to close a non-brokered private placement of up to 974,025 units at a price of $0.77 per unit, for aggregate gross proceeds of approximately $750,000. Each unit will consist of one common share and one-half of one common share purchase warrant. Each whole warrant will entitle the holder to acquire one additional share at an exercise price of $0.85 per share for a period of two years from the date of issuance. The company plans to use the net proceeds for general working capital and corporate purposes. The securities will be subject to a statutory hold period of four months and one day from the date of issuance in accordance with Canadian securities laws.

Kubera Black Energy is actively seeking multi-well regional partnerships with E&P operators, asset managers, and operations directors worldwide. The GOR program offers a significant economic advantage by eliminating upfront chemical costs and sharing incremental revenue, which can improve cash flow for operators. The program also provides an environmentally responsible method to enhance production, addressing growing regulatory and public pressure for sustainable practices in the oil and gas industry. For more details on the GOR program and technological framework, visit the official web portal at www.kuberablackenergy.com.

The launch of the GOR program and the private placement signal CleanGo's commitment to expanding its green technology footprint in the energy sector. By offering a production-driven model that aligns incentives, Kubera Black Energy aims to scale aggregate corporate production curves efficiently and safely. This approach could potentially transform how oil well operators address production challenges, reducing reliance on toxic chemicals and improving operational efficiency.