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Microcap & Penny Stocks : Rentech(RTK) - gas-to-liquids and cleaner fuel -- Ignore unavailable to you. Want to Upgrade?

To: WuChier who wrote (4804)	5/7/1998 6:14:00 PM
From: John S. Baker	Respond to of 14347

> John, from what I know about gas production (not much) I understand that most of the gas is vented off in the fields because most of the wells don't have pipelines to carry the gas to market. How portable is this technology that it might be placed closer to the wells? < Caveat: the only thing I know about oil wells and refineries is what I have picked up on the Internet while doing DD on RNTK. Yes, most of the natural gas is flared off (burned) at the site because the cost of converting it to CNG and transporting it as CNG would be excessive. This flared off natural gas is a loss to the owner of the well and it contributes additional so-called greenhouse gases ... which are accused of causing the so-called Global Warming effect. Hence there is a lot of political correctness riding on some form of gas conversion. Re portability and transportability, I don't know. There has been considerable discussion on this thread regarding putting a plant on a barge and tying it up to, for instance, a North Sea well. My hunch is that the current issue is not so much one of portability but of scaleability -- will the small-scale test sites still work when you make them 100 or 1,000 times as large. Again, I do not know the answer. FWIW, I see the possibility of RNTK's iron-based and SLHO's (or other) cobalt-based installations co-existing in the marketplace: RNTK for refinery bottoms and for poisoned natural gas applications, others for pure natural gas apps. But there also has been some discussion of various improvements on efficiency which might ... just might* ... make RNTK's process competitive with a cobalt process even for the pure natural gas applications. Other perspectives invited. Please post here.