![]() |
![]() | ![]() |
| We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level. |
This company has taken a major change of direction now with the vending in of a technology that will bring to market gas from obscure locations by way of conversion to synthetic naphtha, jet fuel and diesel (synfuels)... Still digging for more info, this release out last week with a follow up one coming this week. PRESS RELEASE FOR RELEASE: June 3, 1998 11:00 A.M. EST AUTOMATED TRANSFER SYSTEMS CORPORATION Formal Agreements executed: The Company is pleased to announce that formal agreements have been executed with Laxarco Holding Limited to acquire a controlling interest in Carbon Resources Limited. As announced previously, Carbon Resources Limited is a Company committed to reducing greenhouse gases by converting them to valuable petroleum products. The conversion of these remote gas reserves into valuable synthetic fuels is considered to be the focus of the natural gas industry for the 21st Century. The Company is holding an Annual General Meeting on June 5, 1998 to approve the transaction, following which additional information on Carbon Resources will be released. Wilson Creek Update: Stone Canyon Resources Inc., the Company's wholly owned subsidiary, has been advised by the Operator of the Wilson Creek 14-34 well that the Alberta Department of Highways has lifted the road ban restrictions, and the drilling rig has been removed from the site. The Operator is currently preparing a completion program for submission to all joint venture partners for approval and expects to proceed at the earliest opportunity with completion of the well. Further updates will be forthcoming at that time. Source of information: The Company For more information please contact the Company: 1-888-818-3927 (Toll free in North America) Automated Transfer Systems Corporation Alberta Offices: Suite 210, 214 11th Avenue SE Calgary, Alberta T2G 0X8 1812 56th Avenue Greeley, Colorado 80634 | ||||||||||||||
|
| Home | Hot | SubjectMarks | PeopleMarks | Keepers | Settings |
| Terms Of Use | Contact Us | Copyright/IP Policy | Privacy Policy | About Us | FAQ | Advertise on SI |
| © 2025 Knight Sac Media. Data provided by Twelve Data, Alpha Vantage, and CityFALCON News |