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Microcap & Penny Stocks : Rentech(RTK) - gas-to-liquids and cleaner fuel
RTK 0.200+5.3%Oct 13 5:00 PM EST

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To: TokyoMex who wrote (568)12/9/1997 11:22:00 PM
From: TokyoMex  Read Replies (1) of 14347
 
I am reading an article in the Remote Gas Strategies magazine,of Dec 97 issue pp18 which was faxed to me. Tried to scan it here but quality is so bad, I will only post exercpts;

"Texaco Global Gas and Power Leads Corporate Change to Market-Driven Projects"
Granham Barchaler, president Internationational Marketing and Business Development, Texaco and two of his Texaco Global Gas and Power colleagues--Doug Quillen, sen vp ING and regional director Asia Ken Smith - spoke with Remote Gas Strategies recently.

"There are some areas in the world just crying for this technology right now"

Texaco Global Gas and Power has taken responsibility within Texaco for gas-to-liquids and other conversion technologies.

"Gas-to-liquids has been brought into our organisation, not because we
want to have a new technology, but because we have a commercial need for utilisation of the technology"

As a result of this philosophy, Texaco has entered into joint developements and licensing agreements with Syntroleum, and is currently negotiating an agreement with Rentech for utilising gasification technology (see related article in this issue).

"At the moment, we've got four separate studies going on to utilise this technology. We're developing and commercialising the technology at same time " he added.

Of the four opportunities being studied, three involve equity reserves, while other does not involve Texaco reserves. Two additional opportunities are in process.

"In our view we need to work with our partners to develop the technology and then its up to us to deploy it from a common technology base"

"We have set a pretty tight schedule for ourselves to reach commerciality. It is very ambitious. It puts us through a pilot stage, a demonstration stage and an initial -----

This where the print fades away .

Any way if some of you who are near a public library, probably in the oil producing state will carry this mag and can scan the whole article.....
I will also check the web for this mag.

Boys I think the Texaco deal is not if but when ......

I also think I will call this gentleman Mr. Barchelser.

I think I will add some more at dips as its obvious we are running out of time.

Joe TPRO

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