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

To: Marc Cernovitch who wrote (46)	10/1/1998 11:25:00 AM
From: Bruno	Read Replies (1) \| Respond to of 275

This feature article out today on the net at: news.hydrocarbononline.com Another Entrant in the Gas-to-Liquids Race One more promising contender has appeared in the increasingly popular arena of converting uneconomic natural gas sources into easily transported liquid fuels: Carbon Resources Ltd. and its parent, Automated Transfer Systems Corp. (ATS, Calgary, AB). Like Syntroleum, Rentech and several oil majors, ATS is proposing a Fischer-Tropsch reactor that converts synthesis gas to liquid fuels. But its innovative twist is to use a "cold plasma" (electric-arc) process to generate the syngas, rather than steam reforming or partial oxidation. Last week, ATS announced that another Canadian company, Renaissance Energy Ltd. (Calgary) has signed an agreement to build a demonstration-scale plant (4-10 bbl/d of synfuel) in Alberta. Renaissance will acquire the necessary regulatory permits, and will be first in line to consider the process for commercial application. The plant, due for completion in April, 1999, will be engineered by Bower Damberger Rolseth Engineering Ltd., a privately owned oil and gas engineering firm in Calgary.