Axial Vector Energy Corp. announced that its PETRO AVEC JV partner, Petrosonics LLC, has been awarded a patent in Indonesia that protects the process of removing sulfur from all types of crude oil fractions through sonic energy, oxidation and the removal of all of the oxidized sulfur through hydrotreatment. The patent will remain effective for 20 years.

According to the Oil & Gas Journal, Indonesia had 4.3 billion barrels of proven oil reserves as of January 2007. Although Indonesian crude oils vary widely in quality, most streams have gravities in the 22 to 37 degrees API range. Indonesia’s two main export crudes are Sumatra Light, or Minas, with a 35 API gravity, and the heavier, 22 API Duri crude.

In January of 2007, Indonesia had 992,745 bbl/d of refining capacity at 8 facilities, all of which are operated by PT Pertamina. PT Pertamina

Axial Vector Energy Corp. is a global solutions provider that owns, develops, invests in and licenses revolutionary technologies in areas such as energy. In the energy area, the company has entered into a joint venture with Petrosonics LLC called PETRO-AVEC. The joint venture is owned 60% by Petrosonics and 40% by Axial Vector Energy.

The company’s PETRO-AVEC joint venture was setup to develop, finance and market Petrosonics’ sulfur removal technology which can be used in refineries around the world. The process removes sulfur from all types of crude oil fractions through sonic energy, oxidation and the removal of all of the oxidized sulfur through hydrotreatment.

The PETRO-AVEC joint venture was recently awarded a patent for its sulfur removal technology in two additional countries. The two countries are both oil producing countries – Mexico and Egypt. In both cases, the patent awarded was for

Axial Vector Energy Corp. announced this morning that its PETRO AVEC JV partner, Petrosonics LLC, was awarded a patent in Mexico. This patent protects the process of removing sulfur from all types of crude oil fractions through sonic energy, oxidation as well as the removal of all of the oxidized sulfur through hydrotreatment. The patent will remain effective for 20 years.

According to the Oil and Gas Journal (OGJ), Mexico had 10.5 billion barrels of proven oil reserves as of the first of this year. Most reserves consist of heavy crude oil varieties, with a specific gravity of less than 25 degrees API. The main concentration of reserves is located offshore in the southern part of the country. There are also substantial reserves in Mexico’s onshore basins in the northern parts of the country.

Mexico currently has six refineries, all operated by

Axial Vector Energy Corp. announced this morning that its PETRO AVEC JV partner, Petrosonics LLC, was recently awarded a patent in Egypt (Egyptian Patent Application No. PCT/NA/122/2006). This patent protects the process of removing sulfur from all types of crude oil fractions through sonic energy, oxidation as well as the removal of all of the oxidized sulfur through hydrotreatment. The patent will remain effective for 20 years.

According to the Oil and Gas Journal and the U.S. Department of Energy, Egypt’s proven oil reserves currently hold about 4 billion barrels. Egypt also has the largest refining sector on the African continent with nine refineries that have a combined crude oil processing capacity of 726,000 bbl/d.

Dr. Mazin Samman, lead PETRO AVEC licensing negotiator for Egypt stated, “International Oil Companies (IOCs), such as ENI, BP, Petronas, KUFPEC and others play a significant

Axial Vector Energy Corp. is a global solutions provider that owns, develops, licenses and invests in revolutionary engine and energy technologies. These technologies are expected to have widespread uses in various military, industrial and commercial applications.

One of Axial Vector’s joint ventures – PETRO AVEC LLC – has been invited and will present its technology at the Global Refining Strategies Conference in Houston, Texas on October 29-30, 2009. PETRO AVEC LLC is a joint venture between Axial Vector Energy (40%) and Petrosonics LLC (60%) to develop, finance and market Petrosonics’ sulfur removal technology globally.

The Global Refining Strategies Summit in Houston brings together the most knowledgeable and influential leaders in the refining industry from across the globe. It is the world’s showcase to explore strategies and benchmark the latest technologies to overcome the economic and environmental issues facing the world’s refiners.

Petro-AVEC CEO Dr.

Axial Vector Energy Corp. announced this morning that its Joint Venture Company, PETRO AVEC, will be presenting its oxidative desulphurization and heavy oil upgrade technology at the Global Refining Strategies Conference in Houston, Texas on October 29-30, 2009.

The Global Refining Strategies Summit 2009 attracts the most knowledgeable and influential refining leaders from across the globe. It is recognized as the world’s showcase to explore dynamic strategies and benchmark the latest technologies designed to overcome the economic and environmental issues facing the world’s refiners today.

Dr. Mark Cullen inventor and Managing Partner stated, “With our global patent footprint now essentially complete, we will be introducing our sulphur removal and oil upgrade technology and results to the world. Third party data of our accomplishments as well as mass commercial deployment will also be presented.”

AVEC Chairman Ahmed Khalifa added, “This invitation underlines the importance

Axial Vector Energy (AXVC.PK) was pleased to announce recently that its wholly-owned subsidiary, AVEC Acquisitions Corporation, and Petrosonics LLC have entered into a joint venture agreement. Petro-AVEC, the official name of the new joint venture, will bring key members from both companies together in an effort to develop, finance, and market Petrosonics’ sulfur removal technology worldwide.

Petrosonics has developed a technology that increases the amount of refined product extracted from a barrel of oil. With a moderate temperature and atmospheric pressurized environment, a high-powered ultrasound is used to reduce the amount of sulfur, nitrogen, and trace metals typically found in petroleum. The process increases API (American Petroleum Institute) gravity and volume while reducing oil density and hydrogen loss. The process renders more usable refined end-product than traditional methods and even turns “sour oil” into a less sour product.

Dr. Mark Cullen, founder of

Axial Vector Energy Corporation announced over the weekend that it has formed a Joint Venture involving Petro-AVEC (the previously announced Joint Venture between AVEC and Petrosonics, LLC) and Constellation Capital Management, LLC of Novato, California.

This Joint Venture will be named Petro-AVEC North America, LLC (”PANA”). PANA intends to establish its North America headquarters in Northern California immediately. According to the press release, Constellation Capital Management, LLC will own 15% of the JV and Petro-AVEC will own 85%.

Petro-AVEC also announced that Constellation Capital’s Senior Advisor William Jeffrey Gilliam has been appointed as PANA’s Chief Executive Officer.

Commenting on his appointment as PANA CEO, Bill Gilliam stated, “I am thrilled to join a worldwide team lead by Dr. Mark Cullen. Dr. Cullen’s broad accomplishments in the Health Care field stand alone in representing a life time of hard work and World Class scientific

Axial Vector Energy Corporation announced this morning that its PETRO-AVEC LLC Joint Venture listed a matrix of active patent applications nearing allowance on its under-developed website, www.petroavec.com. Currently, there are over 1,500 claims patent pending in 42 countries.

United States Patent No. 7,081,196, the first patent awarded, protects the process of removing sulfur from all types of crude oil fractions through sonic energy, oxidation and the removal of all of the oxidized sulfur through hydrotreatment. European Union patents 1 635 924 B1 and 1 668 095/04 781 388.6 protect the process by which sulfur and nitrogen bearing compounds are removed from diesel oil through the use of sonic energy and an oxidizing agent. They also protect a related process for the removal of the resultant oxidized sulfur and nitrogen contaminants. The claims pending cover a wide range of processes involving the wellhead, pipeline and

Axial Vector Energy Corporation announced earlier this morning that its PETRO-AVEC LLC Joint Venture appointed Dubai-based oil executive Dr. Mazin Samman, former Managing Director of United Oil Investments/Hadramout Refineries Company in Dubai, to its international licensing negotiating team.

Dr. Mazin Samman has great expertise in bringing experts together from various continents, governments, companies and organizations to authorize, design, finance, construct and operate large scale oil projects. In Russia, Dr. Samman was responsible for Russian government negotiations/authorizations/long term relations, financing, new refinery design/construction, existing infrastructure upgrade, product procurement, crude oil sales and refining operations.

In the Americas, on behalf of Nimir Petroleum in Dallas, TX, Dr. Samman co-managed a team with the mission of securing senior financing from Morgan Stanley and Chase Manhattan Bank to complete the acquisition of HOCOL-Shell in Columbia. In his native Saudi Arabia, Dr. Samman assisted Saudi Aramco in a number of