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G2 Energy Corp C.GTOO

Alternate Symbol(s):  GTGEF

G2 Energy Corp. is a Canada-based junior oil and gas producer. The Company is focused on acquiring and developing opportunities in the oil and gas sector. The Company seeks to acquire a portfolio of risk-managed production and development opportunities onshore, in the United States of America. The Company's asset portfolio includes the Masten Unit, which is an approximately 2,600 acres producing unit located within the prolific billion-barrel Levelland Field in Cochran County, Texas. The Company has approximately four wells operating.


CSE:GTOO - Post by User

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Post by sanman2012on Apr 27, 2018 9:24am
497 Views
Post# 27949203

Green 2 Blue Announces Planned Design And Operational Change

Green 2 Blue Announces Planned Design And Operational Change

Vancouver, British Columbia / TheNewswire / April 27, 2018 - Green 2 Blue Energy Corp . ( CSE: GTBE, OTCQB: GTGEF, FWB: 1NZ.F ) (" G2BE " or the " Company ") wishes to announce that further to it’s News Release dated April 19, 2018 announcing recent equipment purchases and facility upgrades, the company is also focusing on operational efficiencies to achieve maximum production and cost effectiveness.

 

The company, in cooperation with industry design specialists is in the process of creating a technical and organizational plan for not only ongoing pellet production expansion but the addition of the Company’s planned business objective to integrate a biomass gasification co-generation plant.  

 

As a result of preliminary analysis, the company will have 2 independent production lines. The new fully automated production line will have initial production capacity of 1200 tonnes per month and will be extended by the end of 2018 to the level of 3600 tonnes of production per month. The current production line will maintain its monthly capacity at the 1800 tonnes per month level. As a result of this organizational change, the planned total production capacity of the plant in Poland, by the end of 2018, will reach 5,400 tons per month or 64,800 tons of pellets per year.

 

The President, Slawomir Smulewicz stated, “I am extremely satisfied with the proposed plan provided by our advisors.  Their knowledge and experience will allow Green 2 Blue Energy to optimize the use of our financial resources and operational facilities.  The proposed integration of a biomass gasification co-generation plant will dramatically reduce operating costs, as the gasification syste m not only generates electricity for our own purposes but the exhaust heat from the generators can be used to dry our raw feedstock delivered to our facility, making it production ready.”  


Read more at https://www.stockhouse.com/news/press-releases/2018/04/27/green-2-blue-announces-planned-design-and-operational-changes#MMe94b4jgHW5wiQq.99

Vancouver, British Columbia / TheNewswire / April 27, 2018 - Green 2 Blue Energy Corp . ( CSE: GTBE, OTCQB: GTGEF, FWB: 1NZ.F ) (" G2BE " or the " Company ") wishes to announce that further to it’s News Release dated April 19, 2018 announcing recent equipment purchases and facility upgrades, the company is also focusing on operational efficiencies to achieve maximum production and cost effectiveness.

 

The company, in cooperation with industry design specialists is in the process of creating a technical and organizational plan for not only ongoing pellet production expansion but the addition of the Company’s planned business objective to integrate a biomass gasification co-generation plant.  

 

As a result of preliminary analysis, the company will have 2 independent production lines. The new fully automated production line will have initial production capacity of 1200 tonnes per month and will be extended by the end of 2018 to the level of 3600 tonnes of production per month. The current production line will maintain its monthly capacity at the 1800 tonnes per month level. As a result of this organizational change, the planned total production capacity of the plant in Poland, by the end of 2018, will reach 5,400 tons per month or 64,800 tons of pellets per year.

 

The President, Slawomir Smulewicz stated, “I am extremely satisfied with the proposed plan provided by our advisors.  Their knowledge and experience will allow Green 2 Blue Energy to optimize the use of our financial resources and operational facilities.  The proposed integration of a biomass gasification co-generation plant will dramatically reduce operating costs, as the gasification syste m not only generates electricity for our own purposes but the exhaust heat from the generators can be used to dry our raw feedstock delivered to our facility, making it production rea

Link to article:

https://www.stockhouse.com/news/press-releases/2018/04/27/green-2-blue-announces-planned-design-and-operational-changes
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