Fountain Quail Named Finalist for "Company of the Year"

2012 Global Water: Oil & Gas Awards to be presented May 22 in Dubai.

Roanoke, TX, May 17, 2012 --(PR.com)-- Fountain Quail Water Management, a wholly owned subsidiary of Aqua-Pure Ventures, Inc. (AQE-TSXV), today was named one of three global nominees for “Company of the Year” in the 2012 Global Water: Oil & Gas Awards. The premier recycler of industrial wastewater in North America was recognized for “Excellence in Water Services for the Oil & Gas Sector.”

“We are extremely honored to be one of three global nominees for this prestigious honor, the ‘Academy Award’ of global water services,” said Brent Halldorson, chief operating officer of Fountain Quail. “Our recycling technologies are changing the way wastewater is being handled in shale plays all across North America, and operators from around the globe have started to take notice as well. We believe we’re setting the standard for treating shale wastewater for the world to follow.”

The Company of the Year Award will be presented on May 22 during a gala awards ceremony and banquet.

Halldorson was also asked to deliver a presentation at the Global Water Oil & Gas Summit, scheduled for May 22-23 in Dubai, UAE. Halldorson will discuss Fountain Quail’s experience as a leader in unconventional oil and gas wastewater treatment, which is considered an industry best practice. He will also review several of the challenges associated with water disposal and how recycling can be an integral component of successful operators’ water management strategies.

More information on the Summit and the Global Water: Oil & Gas Awards 2012 may be found here: http://tinyurl.com/74yx4nv.

Fountain Quail has developed and refined its patented, industry-leading technologies for recycling flowback and produced water over the past eight years in North Texas’ Barnett Shale. During that time, the Company has recycled more than 17 million barrels of shale gas wastewater that would otherwise have been injected into disposal wells and permanently removed from the hydrological cycle. In addition to the Barnett, the company’s technology is currently being utilized in the Eagle Ford and Marcellus Shales.

About Fountain Quail Water Management
Fountain Quail Water Management (www.fountainquail.com) provides low-cost, practical recycling alternatives for both shale gas and shale oil producers. The company is the global leader in recycling shale gas flowback and produced water into fresh water for re-use. Fountain Quail is wholly owned by Aqua-Pure Ventures Inc. and is based in Roanoke, Texas.

About Aqua-Pure Ventures Inc.
Aqua-Pure (www.aqua-pure.com) is the premier recycler of industrial wastewater in North America. The Calgary-based oilfield engineering and services firm has developed and commercialized cutting-edge technology that transforms wastewater from a liability to an asset. Aqua-Pure’s municipal and oil and gas wastewater services and technology solutions ensure environmental sustainability through the utilization of patented and proprietary technologies. The Corporation’s common shares are listed on the TSX Venture Exchange under the trading symbol "AQE."
Contact
Fountain Quail Water Management
Larry Jackson
817.326.6325
www.fountainquail.com
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