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Genoil Inc GNOLF

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.


OTCPK:GNOLF - Post by User

Bullboard Posts
Post by danrouon Jun 12, 2010 8:47am
317 Views
Post# 17182968

Kevin Costner's anti-oil machines to be deployed

Kevin Costner's anti-oil machines to be deployed
Some extracts...
John Houghtaling, Costner's chief partner in the project, told WWL First News that the oil company has ordered 32 of the devices for use in the Gulf of Mexico.
...
"In a matter of weeks, we can be manufacturing ten of these a week," Houghtaling said. "So we're hoping by the first of August to have all 32 of these things in the Gulf."

...
"By the end of August...our company can have thirty-three of the machines around the rigs. If there's a spill, we can deploy," Houtaling said.

...
Meanwhile Costner's company is moving toward leasing 16 more oil sucking and separating machines to Plaquemines Parish officials directly. They say if BP won't pay for that, they may sell the oil local officials pull from the water and fund the machines that way.

https://www.wwl.com/Kevin-Costner-s-anti-oil-machines-to-be-deployed/7441867
Bullboard Posts