Merger will leave Xfuels with control block and access to the technology - DIDSBURY, Alberta, - (http://www.financialnewsmedia.com News Alert) - Xfuels Inc. (OTC: XFLS) is pleased to report it has signed an LOI (Letter of Intent) to merge Hydration Company of PA into its subsidiary Converde Energy USA Inc. (OTC: XFUL).



Mr. Michael McLaren states \"The addition of a water treatment technology is something that Xfuels has been exploring for some time to improve our bottom line.\" He further stated \"We are excited to integrate this low cost technology into our Coal Water Slurry (CWS) systems and into the Natural Gas production and maintenance programs.\"



Mr. Brad Domitrovitsch Chairman & CEO of HCPA states \"This combination is the next logical step in the evolution of Hydration,\" Mr. Domitrovitsch further stated \"Not only does it provide Hydration with entrance into the Oil & Gas Industry but even more importantly it gives HCPA access to the capital markets.\"



Post-Merger Xfuels will retain a control block of preferred shares as well as access to the company\'s patent pending water treatment technologies. Xfuels will not retain any common shares of the company. The merger is expected to be complete within the next 60 days.



About Hydration Company of PA, LLC



HCPA is engaged in the businesses of water exploration, water augmentation, and the treatment of impacted waters. Through its subsidiaries and partners, we design, build, and operate regional water treatment facilities. HCPA is a leader in water-neutral energy solutions, as well as providing waste water technologies specifically designed to improve the impaired water disposal process.



The Company\'s IP delivers one of the highest energy yields from a broad range of water-bearing assets, with one of the lowest capital expenditures of any other known water processes.



HCPA offers a range of low cost attractive modular systems or fixed facilities via its water conveyance methodologies, which produce low cost water solutions in partnership with select small to large-size industrial energy users, government agencies, and non-profit watershed groups in target markets.



HCPA has pending contracts with government agencies and multiple...