Genoil Inc GNOLF

Energy Oil & Gas Equipment & Services

Genoil Inc. is technology-based company engaged in the development of technologies relating to the oil and gas industry. The Company specializes in heavy-to-light oil technology, oil field development and exploration and production. It is a provider of hydro conversion fixed-bed technology for the upstream and downstream oil and gas industry. It is also working with Chinese policy banks and Chinese companies to provide, project financing, drilling, production, and processing services to the oil and gas industry. Its technology consists of Genoil Hydroconversion Upgrader (GHU), which converts sour (high sulfur), heavy hydrocarbon feed stocks into lighter oil with higher quality distillates for conventional refining. The Company is also engaged in other technologies, such as oil upgrading and recycling, water purification port technologies, well testing, and sand cleaning. The Company markets its technology to customers in the Middle East, Russia and China.

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Genoil Inc

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Comment by eliner63on Apr 21, 2007 1:26pm

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Post# 12651962

RE: Ivanhoe does a deal in Iraq

Oilboy, they are not competitors in the same space. Your comparison doesn't make sense, IE has diluted substantially before, I know because I use to own them. I'm not sure what your motives are. I hope you realize what's happening in IRAQ, even HAL dumped KBR because even with all the money KBR received they still dragged HAL's profits down, yes I dumped them too just after the company split. eliner

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