Company plans prototype installation to commence late Summer 2009, full field-test in 2010
In addition, said
"An impressive team of innovators from the oil, gas, chemicals, and mining industries have applied their best thinking to advance our ground-breaking technology to develop domestic energy resources and help secure U.S. energy independence," said
Energy experts are favorably impressed.
"We have been involved with oil shale projects since the 1980s and believe GSI's innovative technology is years ahead of the competition - possessing both process and environmental advantages," said
Lugo said moving forward with the field test will provide engineering and production data to establish the basic economics that will drive the success of this technology on a commercial scale.
"The key factors - from our technology's minimal environmental impact and very low use of water to its potential to efficiently and inexpensively produce market-ready products - have the power to strengthen our company and our country," said Lugo. "Further, we expect the gasification process to yield positive results in a matter of months, not years."
General Synfuels International, is a wholly-owned subsidiary of Earth Search Sciences, Inc., (OTC Bulletin Board: ESSE).
About General Synfuels International, Inc.
General Synfuels - a wholly-owned subsidiary of Earth Search Sciences, Inc. - is dedicated to delivering a green transformation to fossil fuels development. The company has developed a patented, environmentally-friendly, energy self-sustainable, and economically-viable process to recover oil and gas products from oil shale, oil sands and heavy oil. The in situ gasification technology has the potential to reduce reliance on oil imports to the U.S. by responsibly tapping into the abundant domestic energy resources of
About Earth Search Sciences - http://www.earthsearch.com
Earth Search Sciences, Inc., [OTCBB:ESSE] is a technology company focused on hyperspectral imaging and the zero-footprint, zero-product-loss development of domestic, inland oil resources. The company's patented hyperspectral technology provides the ability to accurately read the chemical properties of surface substances from great altitudes. The technology produces easily interpreted maps to identify specific minerals and substances on the surface of the earth by their diagnostic reflectance patterns quickly and economically. At the same time, the technology delivers baselining and monitoring of the environmental situation and improves the probability of early detection of anomalies. The application of Earth Search's patented and IP-protected hyperspectral technology cuts across the commercial, environmental, medical and military spectra.
This news release includes forward-looking statements that involve a number of risks and uncertainties. The information reflects numerous assumptions as to industry performance, general business and economic conditions, regulatory and legal requirements, taxes and other matters, many of which are beyond the control of the company. Similarly, this information assumes certain future business decisions that are subject to change. There can be no assurance that the results predicted here will be realized. Actual results may vary from those represented, and those variations may be material.
SOURCE General Synfuels International, Inc.