To: Don S.Boller who wrote (70 ) 5/11/1998 12:47:00 PM From: IPOJunkie Read Replies (1) | Respond to of 272
Hello Don, Michael, Barry, I don't know where to start. There are just so many advances in world technology and understanding these days. That is very evident even on these threads. Yeah, many of the hot technologies here are just pure hype - promoters having a field day with something that even remotely sounds interesting. But there are also many, many discussions here that really capture the imagination. You can really visualize a future world with some very remarkable improvements. I don't want to see what you've created here become another board for people to hype what they're invested in, so let me just tell you about something that I am NOT presently invested in because I haven't done enough DD yet to settle on any one company. I'm talking about natural gas to liquid conversion technology. What intrigued me first about the companies working in this area is the impact on pollution/greenhouse effect. What these companies are trying to achieve can significantly improve our environment. I'll paraphrase some from a Oil & Gas newsletter -"White crude" is the output of natural gas to liquid conversion technology (GTL). It's crystal clear, and totally free of impurities that cause pollution. As a fuel, it exceeds the toughest environmental standards ever devised. Because natural gas is as abundant in the world as oil is scarce, the ability to economically covert gas into a fuel far cleaner than oil itself is truly a revolutionary development. It could literally double the world's supplies of liquid fuels. Right now, many natural gas wells are set alight (flared) because natural gas can't economically be transported. This adds significantly to the so-called greenhouse effect. New GTL approaches can provide cost effective ways of converting and transporting this resource and avoid the adverse environmental effects. As I started researching the companies trying new GTL approaches I found a private company that has a technology to spin off unwanted trace gases found in natural gas wells. This technology will not only allow for more natural gas to be converted, but will allow for the segregation and use of the other gases present. This company is now approaching the GTL companies with its technology. With the two technologies combined, vast amounts of white crude will become available, perhaps more than doubling liquid fuel supplies. I think this is truly fascinating. Is anybody familiar with these processes? RS