Integrated Environmental Technologies Ltd. announced unaudited consolidated earnings results for the second quarter and six months ended June 30, 2016. For the quarter, the company reported revenues were $79,338 against $157,545 a year ago. Loss from operations was $507,484 against $650,158 a year ago. Net loss was $575,294 or less than $0.01 per basic share against $661,010 a year ago. The year-over-year decrease in revenue was largely due to two of the company's oil and gas customers that reduced their well maintenance budgets and/or closed down low producing wells at the end of 2015 due to the collapse in oil prices. The 2016 quarter-over-quarter increase in revenues is predominately attributed to an existing customer that expanded Excelyte® well maintenance treatments to additional wells in a second basin. For the six months, the company reported revenues were $113,136 against $307,622 a year ago. The revenue decrease is attributed to a decrease in Excelyte® sales to two oil and gas customers that reduced their well maintenance budgets and/or closed down low producing wells at the end of 2015 due to the collapse in oil prices, offset by an increase in sales to an existing customer that expanded Excelyte® well maintenance treatments to additional wells in a second basin. Loss from operations was $1,209,774 against $1,700,911 a year ago. Net loss was $1,344,893 against $1,722,655 a year ago. Diluted loss per share was less than $0.01 against $0.01 a year ago. The company reduced monthly cash used in operating activities by approximately $58,000 in the first half of 2016 compared to the first half of 2015, a 28% decrease.