updated 10/1/2010 9:16:57 AM ET 2010-10-01T13:16:57

WINSTON-SALEM, N.C., Sept. 30, 2010 (GLOBE NEWSWIRE) -- Plateau Mineral Development, Inc. (Pink Sheets:PMDP) issued a statement yesterday regarding an article published on September 24, 2010 by Dr. Kent Moors entitled, "At Last, the EPA Weighs in on Fracking." (Source: www.oilandenergyinvestor.com ) Today, Plateau would like to address the benefits of using its own Solvent as opposed to chemical-laden water for fracking.

Fracking is a process that results in the creation of fractures in rocks; the goal of which is to increase the output of a well. The most important industrial use is in stimulating oil and natural gas wells. Gas is held inside the shale, so the rock needs to be opened up before the gas can flow.

Fracking is typically done by moving millions of gallons of chemical-laced water under high pressure, which breaks, or "fractures" the rock, thereby stimulating the release of the oil or gas. Some of the chemicals used in fracking fluids are of primary concern, hence the EPA's interest in the subject. (Source: www.oilandenergyinvestor.com )

According to the industry, fracturing has been used in roughly 90 percent of wells in operation today and 60 to 80 percent of new wells will require fracturing to remain viable. The industry contends the process is safe. But hydraulic fracturing operations have been linked to environmental risks that could have significant financial implications for the companies involved and are leading to increased regulatory scrutiny. Congress has directed the EPA to study the potential impact of fracking on drinking water, human health and the environment after complaints by residents were seen on the television program, "60 Minutes." (Source: http://ipsnews.net/news.asp?idnews=52629 ) The fracturing operations involve the movement, storage, and disposal of millions of gallons of water and thousands to tens of thousands of gallons of toxic chemicals. 

Then a documentary filmmaker, John Fox, took on the issue. His film, "Gasland," is now available on HBO. It chronicles the recent catastrophic BP oil spill and the environmental effects of the energy industry's efforts to extract natural resources. According to Fox, there are 450,000 of these gas wells across the country, with a proposal for 100,000 more in New York and 100,000 in Pennsylvania. 

Plateau Mineral Development's Tire Converter System produces an end product called Dilution Solvent that is great for use as a fracking fluid. The benefit of using the solvent is that it can be used instead of water laced with chemicals, thereby saving the earth's water supply, and not generating polluted water. A main concern of environmentalists is the gallons upon gallons of wasted or polluted water that is used to frack. This water must later be disposed of, or filtered and cleaned up, which is an expensive and complicated undertaking. Plateau's solvent will eliminate the need for water use altogether. Upon completion of the fracking process, the fluids will flow back into the system, where the solvent is captured and stored along with the oil and can be sold at market, eliminating the need for disposal.

To learn more about Plateau Mineral Development, please visit www.plateaumineral.net .

About Plateau Mineral Development, Inc.: Plateau Mineral Development has been in existence for over five years.

Safe Harbor Statement: This information includes certain "forward-looking statements." The forward-looking statements reflect the beliefs, expectations, objectives and goals of the Company management with respect to future events and financial performance. They are based on assumptions and estimates, which are believed reasonable at the time such statements are made. However, actual results could differ materially from anticipated results. Important factors that may impact actual results include but are not limited to commodity prices, political developments, legal decisions, market and economic conditions, industry competition, the weather, changes in financial markets and changing legislation and regulations. Matters discussed in this press release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this press release, the words "anticipate," "believe," "estimate," "may," "intend," "expect" and similar expressions identify such forward-looking statements. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein. These forward-looking statements are based largely on the expectations of the Company and are subject to a number of risks and uncertainties. These include but are not limited to risks and uncertainties associated with the impact of economic, competitive and other factors affecting the Company and its operations, markets, product, and distributor performance, the impact on the national and local economies resulting from terrorist actions, and U.S. actions subsequently; and other factors detailed in reports filed by the Company. Forward-looking statements are intended to qualify for the safe harbor provisions of Section 21E of the Securities and Exchange Act of 1934, as amended.

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