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WPWR - Clean Power Engineered Fuels
Energy Solutions & Technologies:
Well Power Inc has secured the licensing rights to Texas with the first right of refusal on the other US states to a new technology solution to process waste natural gas, such as vented, flared or stranded gas, into “clean power” and engineered fuels, including no-sulphur diesel and diluents. Based on proprietary technology, this solution is mobile, high-yield and can be deployed with minimum capital expenditure.
The Technology:
In its partnership with the License holder, who is developing an economical, mobile and scalable Micro-Refinery Unit (the “MRU”) to process raw natural gas into Green Fuel (diluents, drop-in diesel and pipeline quality synthetic crude) and clean power
MEC’s solution simultaneously reduces CO2 emissions and creates revenue streams with minimal capital expenditure.
The MRU is an assembly of proven commercial technologies with a proprietary micro-reactor system for hydrocarbon processing and catalytic reactions. This novel system is the key technology component which enables the MRU to be an economically viable and transportable solution.
With the ability to process raw natural gas flows of between 75 Mcf to 250 Mcf the MRU first conditions and then converts methane and condensates to Syngas (CO and hydrogen). This is followed by a Fischer-Tropsch reaction to produce Green FuelTM, and power which is produced from heat generated by exothermic reactions and combustion.
The Micro Refinery Unit is flexible, scalable, modular, mobile, cost effective, energy efficient, high yield, single vessel, skid mounted and custom configured. See how it can turn your waste gas into revenue.
Recent News:
Well Power Inc. to host second webinar on proprietary micro-refinery technology
HOUSTON, TX, July 15, 2014 -- Well Power, Inc. (OTCQB: WPWR),- (The Company), is pleased to announce that the Company, in collaboration with ME Resource Corp. ("MEC"), will host its second live webinar during the week of July 28th, 2014. After the strong participation in Well Power Inc's initial live webinar for the oil and gas industry, the Company now invites shareholders and those individual interested in learning more about the novel technology behind the licensed Micro-Refinery Unit ("MRU") to register for the upcoming webinar. The proprietary mobile technology, which, once successfully developed, will process wasted raw natural gas, including shut-in and flared gas, into Engineered FuelsTM and electric power.
Professor Gregory Patience, Director and Chief Technology Officer of MEC, will lead the presentation of the MRU. Professor Patience has been with the Department of Chemical Engineering at cole Polytechnique de Montréal since 2004. At the University he has established a research and development lab for catalysis, catalyst design and fluid-bed reactors. Professor Patience has gained an international reputation collaborating with researchers across North America and Europe. He chaired the industrial program of the World Congress of Chemical Engineering (2009) and co-chaired international conferences in Burundi and Africa on sustainable development and fighting malaria - a project he initiated in 2010.
Dr. Christian Neagoe, Director and CEO of Well Power Inc., will join Professor Patience to discuss the current development and progress of the MRU. Dr. Christian Neagoe is a PH.D. in Theoretical Chemistry and has received a Chemical Engineering degree from cole Polytechnique de Montréal, where Dr. Neagoe has been a research associate since 2011.
Dr. Neagoe specializes in the design of industrial processes. Specific industrial processes include sizing reactors, distillation and extraction columns, heat exchangers and pumps, as well as mass and energy balance and energy optimization.
To register for this webinar please visit the Company's website at www.wellpowerinc.com and sign-up with your email address. Specific log-in instructions, date and time will be sent to participants upon sign-up.
About Well Power, Inc. (the "Company")
The Company has acquired an exclusive license from MEC, a Canadian publicly listed company that is developing mobile and scalable Wellhead Micro-Refinery Units (MRUs) deployable close to the wellhead to process raw natural gas into liquid fuels and clean power. As a result of the License Agreement, the Company is now a development stage company seeking to commence the new business of distributing MRUs in the State of Texas and from there into other geographical areas.
The Company is looking to position itself as a technology company, which will provide oil and gas producers and operators a solution to process otherwise wasted natural gas, including stranded, shut-in, flared and vented gas and produce valued end-products including Engineered FuelTM (diesel, diluents, synthetic crude) and electrical power.
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