GREY:CRSVF - Post by User
Post by
junketson Dec 01, 2010 1:26pm
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Post# 17784416
Two Hills
Two HillsThe only asset this company seems to have is the Two Hills property. The CO2 storage is going nowhere. But the salt cavern storage can be used for waste oil. Genoil has a pilot upgrader located there, but only 10BPD. Genoil at one time planned to build a 750BPD demo upgrader and bought the equipment. I think they need about 10 million to build it. This was announced a couple of years ago. The Two Hills site is licensed because of the pilot already being there, so Genoil could probably build it there, if they could get the funding. Does any of this mean anything... I don't know. Does CRC fit in...again, I don't know.