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Acceleware Ltd V.AXE

Alternate Symbol(s):  ACWRF

Acceleware Ltd. is an advanced electromagnetic (EM) heating company with highly scalable EM solutions for large industrial applications. Its segments include High-Performance Computing (HPC) and RF Heating. The HPC segment sells proprietary high-performance computing software and related consulting services and training programs to the oil and gas industry. The RF Heating segment is engaged in research, development, and commercialization activities related to advanced electromagnetic heating using radio frequency (RF) energy. It is piloting RF XL, its patented low-cost, low-carbon EM thermal production technology for heavy oil and oil sands. It is also working with a consortium of potash partners on a pilot project using its patented and field proven Clean Tech Inverter (CTI) to decarbonize drying of potash ore and other minerals. It is actively developing partnerships for EM heating of other industrial applications in mining, steel, agriculture, cement, hydrogen and other clean fuels.


TSXV:AXE - Post by User

Bullboard Posts
Post by youngkidon Feb 28, 2017 2:27pm
169 Views
Post# 25906982

Acceleware Presenting at PROPEL tomorrow

Acceleware Presenting at PROPEL tomorrowAcceleware at the PROPEL Energy Tech Forum March 1st at 4:15pm for a presentation on our Radio Frequency (RF) Heating Technology and how it can revolutionize the production of heavy oil and oil sands. PROPEL is the annual Energy Technology Venture Forum that brings together the best, boldest, most innovative emerging and established energy technology companies.
 
RF XL vs SAGD Simulation
 
RF XL produces more barrels than SAGD with less than half of the energy
Acceleware’s patent pending RF XL technology is an enhanced oil recovery technology that uses radio waves (a form of electromagnetic heating) instead of steam, driving down the cost of oil sands and heavy oil production and significantly reducing its environmental impact. It requires less energy to operate when compared to SAGD, uses no solvents, and requires no additional water.

This presentation will provide an overview of the technology, it's economic and environmental impact, and the addressable market for the commercial product; and will be available for download on March 1st, 2017.

Hope to see you there – if you can't make it to the presentation, I would be happy to set up a time to chat about our RF Heating technology: a low-cost, low carbon revolution for heavy oil and bitumen extraction. 
Bullboard Posts