Syngas International to Unveil PyStR Technology at Big Hydrogen Show on
Feb 13, 2006 in Calgary, Alberta Canada;
Webcast with www.TheGreenBaron.com also available on Monday with
further commentary on Alberta Oil Sands Project
February 10, 2006 – Las Vegas NV and Edmonton AB - Syngas International
Corp (OTCBB: SYNI) – www.syngasinternational.com – is pleased to report
that, in conjunction with a leading developer of oil sands extraction
technology, its gasification technology played an integral part in a
revolutionary new extraction method. This method shows a significant
increase in yields of usable synthetic crude extracted from the Alberta Oil
Sands. These smaller scale tests were conducted on a trial basis in a
controlled environment. The combination of these two systems will
provide a complete economical solution for tar sands recovery. The
laboratory tests showed an increased yield of up to 15%. Larger scale tests
are planned soon, to be followed by field tests.
In further studies, Syngas International has determined that its
proprietary PyStR (pronounced “Pie Star”) technology can aid in the
efficiency of producing synthetic crude from the bitumen mined from the Alberta
Oil Sands by providing producers with low cost “green hydrogen”. The
savings have been projected in the 50% range. Hydrogen is required to
upgrade crude bitumen to synthetic crude. An average of 3kg of Hydrogen
is required to produce one barrel of synthetic crude, at a present
estimated cost of $7.00/kg. Millions of kilograms of Hydrogen are used in
the oil sands on a daily basis, allowing PyStR to provide a savings of
millions of dollars per day to large operators.
Syngas International is presenting its PyStR technology to industry and
government executives within the oil patch and academia on Monday
February 13, 2006 at 1:45pm in Calgary Alberta, Canada at the Big Hydrogen
Show co-sponsored by the Canadian Hydrogen Association and EnergyInet.
Robert Klein, CEO of Syngas International commented that the technology
could lead to great achievements in lowering the cost of oil sand
extraction, the major obstacle preventing mining over the last 30 or so
years to any significant degree.
Alberta's oil sands contain the largest known reserve of oil in the
world. An estimated 1.7 to 2.5 trillion barrels of oil are trapped in a
complex mixture of sand, water and clay, with recoverable reserves
estimated at 175 billion barrels, second only to Saudi Arabia.
The Company is also pleased to announce that it will conduct an
exclusive CEO Webcast with The Green Baron so that SYNI shareholders and the
investment community can learn more about the current and future
prospects of Syngas International Corp. The webcast will be conducted by
Evergreen Marketing, Inc. and their subsidiary TheGreenBaron.com and will be
available for listening on Monday, February 13, 2006 at
www.TheGreenBaron.com. An exclusive profile of SYNI is now available at this website.
About the Alberta Oil Sands: oilsandsdiscovery.com
About the Canadian Hydrogen Association: h2.ca
The Canadian Hydrogen Association is a non profit membership
association composed of universities, research organizations, industry and small
business. Their objective is to promote the use and development of
hydrogen energy, hydrogen energy systems and technologies and to develop
the role of hydrogen energy for the purpose of improving the
environment.
About EnergyInet Inc.: energyinet.com
EnergyInet Inc. is a Canadian not-for-profit network that brings
industry, researchers and governments together to help develop new
environmentally responsible hydrocarbon and renewable energy technologies that
will produce an abundant supply of clean energy for Canada.
About Syngas International Corp: www.syngasinternational.com
Syngas International Corp. (OTCBB: SYNI), through it's subsidiary
Syngas Energy Corp. is an emerging leader in the development and marketing
of low cost alternate fuels worldwide. We believe our superior
technology will catapult our company into a GREEN POWERHOUSE. With energy prices
at high levels and the global focus moving rapidly towards addressing
pollution, the need for sustainable, zero emission energy is vital. Our
technology is based on clean renewable energy. We foresee our company
poised to benefit from global trends.
Contact:
Syngas International Corporation
Investor Relations
1-888-646-5611
www.syngasinternational.com |
