Solanex Management Inc. (SLNX.OB) Inks MOU for Oil Sand Extraction Technology
QualityStocks (September 16th, 2009) Writes:
The Board of Solanex Management Inc. today announced that the company has entered into a Memorandum of Understanding (MOU) to acquire technology leasing rights for sales, marketing and distribution to both a Pyrolitic Hydrocarbon Gasification System and a Liquid Extraction System owned by American Resource Petroleum Corporation of Utah.
This move has been made to enhance the incineration / gasification component of Solanex’s business model as the company believes the raw feed products of oil sands, oil shale, coal or used tires to be an added benefit to potential customers, especially Municipal, State and Federal Governments. Government agencies throughout the defined territory are all concerned about environmental emissions and will appreciate knowing that these technologies have been favorably reviewed by the EPA.
According to the company, the liquid extraction system uses a non-toxic, non-carcinogenic solution which separates the oil from its host
...American Resource Petroleum Corporation, capped/closed oil wells, Environmental Protection Agency, i.e. oil sands, incineration, low producing heavy oil, non-carcinogenic solution, North America, Oil, oil sands, Oil Shale, raw feed products, Small & Micro Cap, Solanex Management Inc., technology leasing, Utah


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