1) They have juiced the actual liquid from gas and built a working plant which was tested and produces 370 BPBD,, it was exported to India for a consortium of ONGC,, subsidiary of ,, India being one of the oil producing nation with substantial reserves in both gas and liquid.
2) RNTK owns pattens which was registered with US P office and is recognised as a propriety technology using iron process vs cobalt, which any one can use,,
3) Texaco CEO of gas and oil exploration has commented in the oil and gas journal a few months ago that indeed Texaco was in dialogue with companies such as RNTK ans SYNM to go beyond the conventional oil recovery program,, further same journalist who wrote the article commented that RNTK will most likely get the deal with Texaco.
4) I was in attendance at the Bloomberg Oil and Gas conference at the Bloomberg H/O at 499 Park Ave., New York,, 9 blocks from my house and witnessed and heard CEO's speech at Bloomberg's invitation front of Morgan, Salomon et al .. from finance sector ,, front of Texaco , Exxon, Chevron , ARCO and BP ,, where same subject of GTL was discussed for two frigging days ,,,
5) RNTK is registered with DOE as one of only two qualifying US GTL company.
6) From past invitations by various financial and industry forums, I do not think these fund managers and engineers will invite a scam company to make a presentation.
Even though I have answered your question,, I hope it was with tongue in cheek that you have asked that question.. |
