Welcome to Vortex oil

Extracting crude oil from reservoirs and using flood water in a more efficient, cost-effective, and environmentally-friendly way

100% ECO-HARMLESS

Vortex flow in the device changes the cluster composition of water, breaking oil and mineral droplets in it

40-70% OIL EXTRACTION INCREASE

Residual oil droplets, minerals and salts are crushed into smaller particles enabling the water to continue to penetrate into the micro-pores in the oil-rich layers

PROLONGS WATER USAGE UP TO 4X

Water continues to be efficient for more pumping cycles in pushing out the oil

NO ADDITIONAL POWER SUPPLY NEEDED

Only pressure, flowrate and laws of physics are used

New Generation of Equipment

Our Advantages

Due to the effect of «crushing» all residuals into smaller particles, the oil production process will no longer require any additional components, that are usually used at the mature oil fields and may cause interruptions of the process. Our main advantage – Vortex device does its primary job on the background, without any stoppages of the production/injection wells, causing a constant positive effect along the process. The efficiency of the water will be prolonged up to 4x, helping you optimize other working processes due to freed up time-slots. Moreover, it is an entirely eco-friendly tool, that will not cause any negative effects to our environment.

No stops in well’s operation

Long-term effect

Guaranteed results

Ecologically friendly

About Us

Vortex Oil Engineering S.A (VOE) is a Warsaw-based O&G start-up company that developed new generation of equipment for energy saving and environmentally friendly improved oil recovery.

about

We Are Designing, Engineering & Producing

VOE designs, engineers and produces Vortex equipment, which is installed directly into injection well's injection pipeline and acts as a hydroacoustic mill, destroying large residual oil and mineral particles in the produced injection water flow. The equipment is CFD modelled and allows to boost oil extraction in water flooded fields without switching to tertiary IOR.

TRL level 9

Long lasting

Video

1M €

Raised investment

3

Countries where we're present

28

Produced units

9

Staff

Product and the range of application

The main product of Vortex Oil Engineering is a “Vortex device”, which is integrated directly into the injection waterline near the injection well’s x-mass tree.

The device consists of a casing with appropriate flanges (flat or welding neck) with sealing rings and a Vortex chamber, which is an active part of the device, being installed inside the casing. The minimal operating conditions for an injection well to be fitted with a Vortex device can be listed as >60m3/ day injection rate per one injection well at >55-60 bars of pressure. Once installed, a device does not require any external power supply to operate, nor it requires frequent maintenance due to the absence of moving parts, as the technology utilizes the injection pressure and the flow rate inside the pipe as the main sources of energy.

Technology Explained

Vortex Oil IOR technology is designed to dramatically improve the efficiency of a waterflooding method used in oil production (Fig.1). The technology is based on a novel way of forming vortex flux in the water-injection pipes right before the water gets into the injection wells. This specific flow is formed in a vortex chamber, working as a mill, generator of vortexes and hydroacoustic vibrations at a given water flow rate. When flowing through the vortex device, the injection water is swirled into a vortex and starts spinning dynamically and vibrating acoustically. Specially matched parameters of the vortex and acoustic frequencies reduce the sizes of residuals in the flooding water (such as residual oil, sand, minerals, and salts) significantly. Furthermore, if installed downhole, generated vibrations spread throughout oil reservoir, increase effective permeability of the reservoir, and prevent coagulation of colloid and dispersed systems in the reservoir fluid. Therefore, this helps to sustain lower viscosity of a fluid in the reservoir, to increase current oil production and reduce water cut in water drive reservoirs.

about

Our Team

Our leadership team is made up of people who epitomize this aspiration, more than half of whom have been members of the Proponent team for over a decade.

team member image
CEO, Co-founder

Sergey Jakimov

MA in Law and Finance Specialises in business development, sales channel building, company management. Baltic Forbes 30under30 in Energy and Medical Sciences.

team member image
Co-founder

Martins Stirans

MA in Economics Twenty years in the oil industry, experienced senior executive. Chairman of the board at “The Latvian fuel traders association”.

team member image
CFO, Chairman of the Supervisory Board

Alexander Mokrecki

MA in Economics, Highly proficient in investment analysis and financial management.

Contact Us

office@vortex-oil.com


Saņemts LIAA atbalsts dalībai starptautiskās izstādēs ārvalstīs, dalībai ar uzņēmējdarbību saistītās konferencēs un tiešajām vizītēm pie potenciālā investora vai sadarbības partnera ārvalstīs.

Līgums Nr. IZ-L-2018/38, Līgums Nr. IZ-L-2019/87


For shareholders

Warsaw, September, 30, 2020.

CALL TO SUBMIT THE SHARE DOCUMENTS

The Management Board of Vortex Oil Engineering joint-stock company with its registered office in Warsaw, ul. Władysława Pytlasińskiego 10/12 lok. 14, 00-777 Warszawa, entered into the register of entrepreneurs of the National Court Register kept by the District Court for the Capital City of Warsaw in Warsaw, the XIII Commercial Division of the National Court Register under KRS number: 0000610699, REGON: 364128436, NIP: 5213728662 ("Company"), with share capital contributed and paid up in full, i.e. in the amount of PLN 284,640.00, acting on the basis of art. 16 of the Act of August 30, 2019 amending the Act - Code of Commercial Companies and certain other acts (Journal of Laws of 2019, item 1798, as amended) in connection with with art. 402 § 3 of the Commercial Companies Code, hereby calls on all shareholders of the Companyto submit the share documents held by the Shareholder, including collective vouchers and subscription warrants, utility certificates, certificates of incorporation or other income participation titles or division of the Company's assets in order to carry out the obligatory dematerialisation process.


Documents should be submitted on business days (Monday to Friday) from 9:00 am to 5:00 pm at the Company's seat: ul. Pytlasińskiego 10/12 lok. 14, 00-777 Warsaw or at a different time and place, after prior arrangement of individual terms of submitting the share documents with the Company's Management Board representative for the dematerialisation of shares - Mr. Martins Stirans; tel. +371 29206494, e-mail: ms@vortex-oil.com.


Documents may be submitted in person or by an authorized attorney after prior submission to the Company of the power of attorney in writing in the original or at least a certified copy.


The documents are submitted to the company against a written receipt issued to the Shareholder or the Shareholder's authorized proxy.


The binding force of the share documents issued by the company shall expire by operation of law on March 1, 2021. Entries in the register of shareholders take effect on the same date.


A share document retains probative force only in the range in which the shareholder demonstrates to the company that he is entitled to share rights for a period of five years from the date of entry into force of the Act of August 30, 2019 amending the Act - Code of Commercial Companies and certain other acts (Journal U. of 2019, item 1798, as amended), i.e. until March 1, 2026. Additional information on the process of dematerialisation of shares or the procedure for submitting share documents can be obtained from the representative of the Management Board of the Company for the dematerialisation of shares - Mr. Martins Stirans, tel. No. +371 29206494, e-mail: ms@vortex-oil.com.


Resolution No. 13 of the Extraordinary General Meeting of the Company of September 23, 2020 on the appointment of Dom Maklerski Navigator S.A. with its registered office in Warsaw as the entity keeping the register of the Company's shareholders and the regulations of the register of shareholders are available on the Company's website at https://www.vortex-oil.com and at the Company's headquarters.


The next call to submit share documents will be sent in the form of a registered letter or courier and simultaneously announced on the website https://www.vortex-oil.com on September 14 - September 30, 2020.


This call to submit is 1 out of 5.


CALL TO SUBMIT THE SHARE DOCUMENTS

The Management Board of Vortex Oil Engineering joint-stock company with its registered office in Warsaw, ul. Władysława Pytlasińskiego 10/12 lok. 14, 00-777 Warszawa, entered into the register of entrepreneurs of the National Court Register kept by the District Court for the Capital City of Warsaw in Warsaw, the XIII Commercial Division of the National Court Register under KRS number: 0000610699, REGON: 364128436, NIP: 5213728662 ("Company"), with share capital contributed and paid up in full, i.e. in the amount of PLN 284,640.00, acting on the basis of art. 16 of the Act of August 30, 2019 amending the Act - Code of Commercial Companies and certain other acts (Journal of Laws of 2019, item 1798, as amended) in connection with with art. 402 § 3 of the Commercial Companies Code, hereby calls on all shareholders of the Companyto submit the share documents held by the Shareholder, including collective vouchers and subscription warrants, utility certificates, certificates of incorporation or other income participation titles or division of the Company's assets in order to carry out the obligatory dematerialisation process.


Documents should be submitted on business days (Monday to Friday) from 9:00 am to 5:00 pm at the Company's seat: ul. Pytlasińskiego 10/12 lok. 14, 00-777 Warsaw or at a different time and place, after prior arrangement of individual terms of submitting the share documents with the Company's Management Board representative for the dematerialisation of shares - Mr. Martins Stirans; tel. +371 29206494, e-mail: ms@vortex-oil.com.


Documents may be submitted in person or by an authorized attorney after prior submission to the Company of the power of attorney in writing in the original or at least a certified copy.


The documents are submitted to the company against a written receipt issued to the Shareholder or the Shareholder's authorized proxy.


The binding force of the share documents issued by the company shall expire by operation of law on March 1, 2021. Entries in the register of shareholders take effect on the same date.


A share document retains probative force only in the range in which the shareholder demonstrates to the company that he is entitled to share rights for a period of five years from the date of entry into force of the Act of August 30, 2019 amending the Act - Code of Commercial Companies and certain other acts (Journal U. of 2019, item 1798, as amended), i.e. until March 1, 2026.


Additional information on the process of dematerialisation of shares or the procedure for submitting share documents can be obtained from the representative of the Management Board of the Company for the dematerialisation of shares - Mr. Martins Stirans, tel. No. +371 29206494, e-mail: ms@vortex-oil.com.


Resolution No. 13 of the Extraordinary General Meeting of the Company of September 23, 2020 on the appointment of Dom Maklerski Navigator S.A. with its registered office in Warsaw as the entity keeping the register of the Company's shareholders and the regulations of the register of shareholders are available on the Company's website at https://www.vortex-oil.com and at the Company's headquarters.


The next call to submit share documents will be sent in the form of a registered letter or courier and simultaneously announced on the website https://www.vortex-oil.com on November 14 – November 30, 2020.


This call to submit is 2 out of 5.


CALL TO SUBMIT THE SHARE DOCUMENTS

The Management Board of Vortex Oil Engineering joint-stock company with its registered office in Warsaw, ul. Władysława Pytlasińskiego 10/12 lok. 14, 00-777 Warszawa, entered into the register of entrepreneurs of the National Court Register kept by the District Court for the Capital City of Warsaw in Warsaw, the XIII Commercial Division of the National Court Register under KRS number: 0000610699, REGON: 364128436, NIP: 5213728662 ("Company"), with share capital contributed and paid up in full, i.e. in the amount of PLN 284,640.00, acting on the basis of art. 16 of the Act of August 30, 2019 amending the Act - Code of Commercial Companies and certain other acts (Journal of Laws of 2019, item 1798, as amended) in connection with with art. 402 § 3 of the Commercial Companies Code, hereby calls on all shareholders of the Companyto submit the share documents held by the Shareholder, including collective vouchers and subscription warrants, utility certificates, certificates of incorporation or other income participation titles or division of the Company's assets in order to carry out the obligatory dematerialisation process.


Documents should be submitted on business days (Monday to Friday) from 9:00 am to 5:00 pm at the Company's seat: ul. Pytlasińskiego 10/12 lok. 14, 00-777 Warsaw or at a different time and place, after prior arrangement of individual terms of submitting the share documents with the Company's Management Board representative for the dematerialisation of shares - Mr. Martins Stirans; tel. +371 29206494, e-mail: ms@vortex-oil.com.


Documents may be submitted in person or by an authorized attorney after prior submission to the Company of the power of attorney in writing in the original or at least a certified copy.


The documents are submitted to the company against a written receipt issued to the Shareholder or the Shareholder's authorized proxy.


The binding force of the share documents issued by the company shall expire by operation of law on March 1, 2021. Entries in the register of shareholders take effect on the same date.


A share document retains probative force only in the range in which the shareholder demonstrates to the company that he is entitled to share rights for a period of five years from the date of entry into force of the Act of August 30, 2019 amending the Act - Code of Commercial Companies and certain other acts (Journal U. of 2019, item 1798, as amended), i.e. until March 1, 2026.


Additional information on the process of dematerialisation of shares or the procedure for submitting share documents can be obtained from the representative of the Management Board of the Company for the dematerialisation of shares - Mr. Martins Stirans, tel. No. +371 29206494, ms@vortex-oil.com.


Resolution No. 13 of the Extraordinary General Meeting of the Company of September 23, 2020 on the appointment of Dom Maklerski Navigator S.A. with its registered office in Warsaw as the entity keeping the register of the Company's shareholders and the regulations of the register of shareholders are available on the Company's website at https://www.vortex-oil.com and at the Company's headquarters.


The next call to submit share documents will be sent in the form of a registered letter or courier and simultaneously announced on the website https://www.vortex-oil.com on December 14 – December 30, 2020.


This call to submit is 3 out of 5.


CALL TO SUBMIT THE SHARE DOCUMENTS

The Management Board of Vortex Oil Engineering joint-stock company with its registered office in Warsaw, ul. Władysława Pytlasińskiego 10/12 lok. 14, 00-777 Warszawa, entered into the register of entrepreneurs of the National Court Register kept by the District Court for the Capital City of Warsaw in Warsaw, the XIII Commercial Division of the National Court Register under KRS number: 0000610699, REGON: 364128436, NIP: 5213728662 ("Company"), with share capital contributed and paid up in full, i.e. in the amount of PLN 284,640.00, acting on the basis of art. 16 of the Act of August 30, 2019 amending the Act - Code of Commercial Companies and certain other acts (Journal of Laws of 2019, item 1798, as amended) in connection with with art. 402 § 3 of the Commercial Companies Code, hereby calls on all shareholders of the Companyto submit the share documents held by the Shareholder, including collective vouchers and subscription warrants, utility certificates, certificates of incorporation or other income participation titles or division of the Company's assets in order to carry out the obligatory dematerialisation process.


Documents should be submitted on business days (Monday to Friday) from 9:00 am to 5:00 pm at the Company's seat: ul. Pytlasińskiego 10/12 lok. 14, 00-777 Warsaw or at a different time and place, after prior arrangement of individual terms of submitting the share documents with the Company's Management Board representative for the dematerialisation of shares - Mr. Martins Stirans; tel. +371 29206494, e-mail: ms@vortex-oil.com.


Documents may be submitted in person or by an authorized attorney after prior submission to the Company of the power of attorney in writing in the original or at least a certified copy.


The documents are submitted to the company against a written receipt issued to the Shareholder or the Shareholder's authorized proxy.


The binding force of the share documents issued by the company shall expire by operation of law on March 1, 2021. Entries in the register of shareholders take effect on the same date.


A share document retains probative force only in the range in which the shareholder demonstrates to the company that he is entitled to share rights for a period of five years from the date of entry into force of the Act of August 30, 2019 amending the Act - Code of Commercial Companies and certain other acts (Journal U. of 2019, item 1798, as amended), i.e. until March 1, 2026.


Additional information on the process of dematerialisation of shares or the procedure for submitting share documents can be obtained from the representative of the Management Board of the Company for the dematerialisation of shares - Mr. Martins Stirans, tel. No. +371 29206494, e-mail: ms@vortex-oil.com.


Resolution No. 13 of the Extraordinary General Meeting of the Company of September 23, 2020 on the appointment of Dom Maklerski Navigator S.A. with its registered office in Warsaw as the entity keeping the register of the Company's shareholders and the regulations of the register of shareholders are available on the Company's website at https://www.vortex-oil.com and at the Company's headquarters.


The next call to submit share documents will be sent in the form of a registered letter or courier and simultaneously announced on the website https://www.vortex-oil.com on January 14 – January 30, 2021.


This call to submit is 4 out of 5.


CALL TO SUBMIT THE SHARE DOCUMENTS

The Management Board of Vortex Oil Engineering joint-stock company with its registered office in Warsaw, ul. Władysława Pytlasińskiego 10/12 lok. 14, 00-777 Warszawa, entered into the register of entrepreneurs of the National Court Register kept by the District Court for the Capital City of Warsaw in Warsaw, the XIII Commercial Division of the National Court Register under KRS number: 0000610699, REGON: 364128436, NIP: 5213728662 ("Company"), with share capital contributed and paid up in full, i.e. in the amount of PLN 284,640.00, acting on the basis of art. 16 of the Act of August 30, 2019 amending the Act - Code of Commercial Companies and certain other acts (Journal of Laws of 2019, item 1798, as amended) in connection with with art. 402 § 3 of the Commercial Companies Code, hereby calls on all shareholders of the Companyto submit the share documents held by the Shareholder, including collective vouchers and subscription warrants, utility certificates, certificates of incorporation or other income participation titles or division of the Company's assets in order to carry out the obligatory dematerialisation process.


Documents should be submitted on business days (Monday to Friday) from 9:00 am to 5:00 pm at the Company's seat: ul. Pytlasińskiego 10/12 lok. 14, 00-777 Warsaw or at a different time and place, after prior arrangement of individual terms of submitting the share documents with the Company's Management Board representative for the dematerialisation of shares - Mr. Martins Stirans; tel. +371 29206494, e-mail: ms@vortex-oil.com.


Documents may be submitted in person or by an authorized attorney after prior submission to the Company of the power of attorney in writing in the original or at least a certified copy.


The documents are submitted to the company against a written receipt issued to the Shareholder or the Shareholder's authorized proxy.


The binding force of the share documents issued by the company shall expire by operation of law on March 1, 2021. Entries in the register of shareholders take effect on the same date.


A share document retains probative force only in the range in which the shareholder demonstrates to the company that he is entitled to share rights for a period of five years from the date of entry into force of the Act of August 30, 2019 amending the Act - Code of Commercial Companies and certain other acts (Journal U. of 2019, item 1798, as amended), i.e. until March 1, 2026.


Additional information on the process of dematerialisation of shares or the procedure for submitting share documents can be obtained from the representative of the Management Board of the Company for the dematerialisation of shares - Mr. Martins Stirans, tel. No. +371 29206494, e-mail: ms@vortex-oil.com.


Resolution No. 13 of the Extraordinary General Meeting of the Company of September 23, 2020 on the appointment of Dom Maklerski Navigator S.A. with its registered office in Warsaw as the entity keeping the register of the Company's shareholders and the regulations of the register of shareholders are available on the Company's website at https://www.vortex-oil.com and at the Company's headquarters.


This call to submit is 5 out of 5.