Alberta / http://www.biosenergycorp.com
Bios Energy Corp is a Canadian oil field service company that specializes in unlocking "unrecoverable" oil throughout Canada using a breakthrough technology called Organic Oil Recovery (OOR). At a low cost, OOR recovers trapped oil, increases oil production, and alters production declines that have plagued the oil industry for over 100 years by creating, for the first-time, micro oil droplets that can now move through tight reservoir rock spaces. OOR reduces the interfacial tension between formation water, rock and oil, thus liberating trapped oil. Bios Energy Corp holds the Canadian rights to this proprietary and patented technology that has been applied in over 300 well treatments on 48 commercial oil fields, globally, resulting in an average increase in production of 92%.
Here's how Bios Energy Corp. is planning on using the funds raised from this crowdfunding:
| Minimum Raise | Maximum Raise | |
| Legal & consulting fees - 1st and 2nd rounds | 25,000 | |
| Marketing and Advertising | 25,000 | |
| General Working Capital | 30,000 | |
| Unallocated Funds | 10,000 | 20,000 |
| TOTAL | 10,000 | 100,000 |