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Technology Stocks : OILS - OTCBB: bringing stranded natural gas to market -- Ignore unavailable to you. Want to Upgrade?

To: IPOJunkie who wrote (3)	6/10/1998 4:33:00 AM
From: Bruno	Respond to of 275

The website is just being created however shouldn't take long, I'll keep you posted... here is a little more info on Carbon... Business of Carbon Resources Ltd. Carbon Resources Ltd. (Carbon) a company incorporated pursuant to the laws of Cyprus is a company committed to reducing greenhouse gases by converting them to valuable petroleum products. The conversion of remote gas reserves into valuable synthetic fuels such as jet fuel and diesel (syn fuels) is considered to be the focus of the natural gas industry for the 21st century. Carbon holds the rights to 75% of a patented process for a low cost conversion of associated gases and high CO2 natural gas to synthesis gas that is especially well suited for conversion to synthetic fuels via the Fischer-Tropsch process. Carbon further holds a 75% interest in a license to proprietary Fischer-Tropsch technology that includes a hydrocarbon chain limiting catalyst. Automated Transfer Systems Corporation will provide Carbon with the capitalization to establish the commercial design parameters of its SYNGEN process and the proprietary Fischer Tropsch process of the N.D. Zelinsky Institute of Organic Chemistry of the Russian Academy of Sciences. The N.D. Zelinsky Institute has developed and improved the Fischer-Tropsch to make it more cost efficient and capable of higher yields. Carbon already has strong prospects for plants from Algerian, Egyptian and Nigerian concerns who have expressed interest in the Carbon technology. Carbon possesses a truly innovative route to syngas for the Fischer-Tropsch process. Invented and perfected through several patents over the past 12 years, a new process to convert natural gas via high-energy plasma has been developed and patented. Dr. Albin Czernichowski, the inventor, has granted exclusive rights to his SYNGEN process (patent applied for) to Laxarco Holdings Ltd. and Laxarco has granted the rights to 75% of the technology to Carbon Resources Ltd. The SYNGEN process offers substantial savings in CAPEX and OPEX over conventional syngas formation. The new process has been extensively tested at the laboratory level and is believed to produce a superior feedstock for the Fischer-Tropsch process. In addition, a variation of the SYNGEN process allows natural gases with CO2 levels up to 25% to be converted to syn fuels economically. From a global warming context and in view of proposed governmental carbon taxes, this is believed to be a tremendous breakthrough.

To: IPOJunkie who wrote (3)	6/10/1998 4:42:00 AM
From: Bruno	Respond to of 275

Here are the principals behind Carbon (owned 75% by ATNY): Carbon Resources Principals Carbon Resources principals and N.D. Zelinsky key employees collectively have over 100 years experience in natural gas and refining processes, including Fischer-Tropsch processes. Thomas Cooley, P.E.- Mr. Cooley is the former President of Kvaerner Membrane Systems, a company which supplies polymeric membrane based systems worldwide for CO2 removal. A well regarded process engineer, he pioneered the use of membranes for natural gas treating and has been active in the field for over 20 years. Mr. Cooley received his B.S. in Chemical Engineering from Rice University and is a registered P.E. in both Texas and Alberta. He is often referred to as the "father of natural gas treating membranes". Mr. Cooley holds three U.S. patents. John D. Bruce - Mr. Bruce is a senior consulting engineer with Dow's Port Technical Services Limited, a registered Channel Island company providing business development, oil and gas related technical services and support to the petroleum industry worldwide. Since graduation from Montana State University, his experience includes project or engineering and management roles with Refinery Engineering, C&I Girdler, Delta Engineering in Houston and London, and C.G. Doris Engineering in Paris. Mr. Bruce was instrumental in identifying the potential of the plasma technology of Dr. Czernichowski. Mr. Bruce assisted in funding the ongoing R & D and coordinated the technical liaisons leading to the SYNGEN reactor. He currently maintains an office in London, U.K. Dr. Albin Czernichowski - Dr. Czernichowski currently teaches and performs his research as the 1st class professor at the University of Orleans (France). A graduate in Chemical Engineering at the Technical University of Wroclaw (Poland), he also received his Ph.D. and Habilitation grades in Physical Chemistry and then the full professor position (1979). For almost 40 years he has been involved in different fields of Plasma Chemistry. Supervisor of 21 Master's and 18 Ph.D theses, he is the author of 6 monographs and textbooks, 63 papers published in scientific journals, 155 other papers (conferences, communications), 30 patents and more than 62 reports. For the past 10 years he has been developing plasma reactors for hydrocarbon conversion processes such as heavy hydrocarbons cracking and hydrogenation, light hydrocarbons cracking, reforming or partial oxidation in order to produce H2, CO, C2H2, C2H4 as well as the hydrogen sulfide destruction and its full or partial alorization for oil & gas industry and geothermy. Work related to environmental clean up has included such applications as VOC abatement in flue gases, flue-gas SOX or NOX reduction to elements, soot after-burning, and CO2 dissociation. He is the co-inventor of the SYNGEN process. Albert Lapidus - educated in Russia, Professor Lapidus has spent some 30 years of his career as a scientist devoted to the improvement of the Fischer-Tropsch Process. For the past ten years, Professor Lapidus has concentrated on Fischer-Tropsch catalyst improvement, especially hydrocarbon chain limiting catalysts. Professor Lapidus is head of the Zelinsky Institute in Moscow, where such Fischer-Tropsch research is taking place. Professor Lapidus is author of over 20 technical publications both within and without Russia. Robert W. Cooley - Mr. Cooley holds a degree in Business Administration from Texas A & M University. Since his graduation in 1972, Mr. Cooley has been employed with a number of major manufacturers related to the oil and gas industry, holding positions in marketing, sales and project mangement. Mr. Cooley's most recent employment was in the capacity of Manager, Projects, for Kvaerner Membrane Systems from 1994 to 1998 during which time his responsibilities included overseeing of engineering design and project management.