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Post by greatday8 on Apr 11, 2004 20:21:47 GMT -5
Geotec Thermal Generators, Inc./TelcoEnergy and MACH 3 Automotive Products Announce the Successful Development of MACH 3 EcoFuel Saver to Economically Replace MTBE and Ethanol in Gasoline Monday March 8, 7:00 am ET
BOCA RATON, Fla.--(BUSINESS WIRE)--March 8, 2004--Geotec Thermal Generators Inc./TelcoEnergy Corporation (OTCBB:GETC - News) announces the successful development of MACH 3 EcoFuel Saver, as an economical replacement for MTBE and Ethanol in Gasoline. ADVERTISEMENT MACH 3 EcoFuel Saver is a revolutionary bulk fuel additive, now registered with the U.S. Environmental Protection Agency (EPA), for use with gasoline and diesel fuel.
For more than two decades, Methyl Tertiary Butyl Ether (MTBE) has been widely used as the standard bulk fuel to boost only gasoline (not diesel fuel) efficiency while reducing engine exhaust pollutants. As of January 1, 2004, MTBE was banned in California. EPA researchers have determined, in recent years that MTBE may contaminate underground water sources with potential toxic and cancer-causing effects.
Ethanol is currently used to replace MTBE in gasoline only (not diesel fuel), in California, at 10-15% by volume blended with gasoline to replace MBTE. MACH 3 EcoFuel Saver uses only 0.5% by volume, or 30 times less than requirement for Ethanol.
Dennis Y. L. Leung, TelcoEnergy's Senior Executive Vice President, stated, "We consider that MACH 3 EcoFuel Saver is the only bulk fuel additive registered with the EPA that is also capable of reducing all categories of exhaust emissions from internal combustion engines fueled by gasoline or diesel while increasing engine power and fuel economy an average of 20%.
"In addition, in California, the increasing cost of ethanol and shortages may soon force the price of a gallon of regular gasoline to $3.00 and even higher for premium. We can significantly lower the fuel bills for every Californian by replacing Ethanol with MACH 3 EcoFuel Saver. We are also anticipating other states banning MTBE, which could further increase the marketplace for MACH 3 EcoFuel Saver."
About Geotec: Geotec Thermal Generators, Inc. has exclusive rights, to the Russian Federation technology for oil and gas recovery developed by the Military Research and Production Facility, FR & PC ALTAI for the Ministry of Geology, for use in North, South and Central America. This unique scientific technology concluded development in 1986, comprising 6,500 wells with 14 years of research and development. Over 30,000 wells have been treated with a 70% success rate for oil wells, and a 90+% success rate for gas wells. The technology produces incremental oil yields averaging over 6,000 barrels of oil per well, per year. Wells, in certain rock formations, have exceeded 45,000 barrels of oil per well, per year. Other than the Company, only 13 governments have been permitted this technology, including China and India.
About Telco: TelcoEnergy Corporation has a 50% ownership in MACH 3 Enterprises, LLC, a Nevada Corporation. TelcoEnergy Corporation has U.S. and developing operations in Russia and China. The details of the complete operations will be incorporated into SEC filings and new information included in future Geotec Press Releases.
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Post by greatday8 on Apr 11, 2004 20:23:02 GMT -5
Geotec Thermal Generators, Inc./TelcoEnergy and MACH 3 Automotive Products, Announce Marketing Release of MACH 3 Superforce, CARB Approved Wednesday March 10, 7:00 am ET The Only Performance Enhancer for LPG/CNG Powered Vehicles
BOCA RATON, Fla.--(BUSINESS WIRE)--March 10, 2004-- Geotec Thermal Generators Inc./TelcoEnergy Corporation (OTCBB:GETC - News) announces the successful development of MACH 3 Superforce which it has found to be the only airborne fuel catalyst for LPG/CNG Powered Vehicles, that has complied with the CARB executive order. MACH 3 Superforce is an exceptionally efficient airborne catalyst that enhances the fuel mixture for any type of internal combustion engine, and the only enhancer that can be utilized with LPG/CNG powered vehicles. The vaporization of the product in the combustion chamber produces more complete, uniform and longer combustion, with simultaneous reduction of exhaust emissions. Mach 3 Superforce can be used in gasoline or diesel engines; however, it is unique in its use in LPG/CNG engines.
Geotec/TelcoEnergy also announces the acquisition of 51% of TransGazService, which is one of the major LPG wholesale operations in the Rostov region of Russia. The acquisition agreement states the plans to expand the company to include its own LPG storage facility and eight LPG automobile/truck fueling stations. Mach 3 Superforce will initially be distributed through these stations in Russia.
Mr. Roman Rozenberg, TelcoEnergy's Managing Director of Russian Operations stated that, "In Russia, LPG is used extensively, not only for heating and cooking purpose, but also as a fuel for cars and light trucks. By law, gasoline fueling stations have to be completely separate from LPG fueling stations. TelcoEnergy is planning to develop an extensive network of LPG fueling stations throughout Russia.
"Mach 3 Superforce will give every engine using LPG or CNG, the ideal combination of engine efficiency and economy with ecological consideration. We are excited about our acquisition of TransGazService to introduce MACH 3 Superforce in Russia."
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Post by greatday8 on Apr 11, 2004 20:23:45 GMT -5
Geotec Thermal Generators, Inc./TelcoEnergy Announces That TelcoEnergy Will Provide a 15% Stock Dividend to Geotec Shareholders of Record on the TelcoEnergy Acquisition Date Monday March 15, 7:00 am ET
BOCA RATON, Fla.--(BUSINESS WIRE)--March 15, 2004--Geotec Thermal Generators Inc./TelcoEnergy Corporation (OTCBB:GETC - News) announced today the intention to issue a 15% stock dividend to Geotec shareholders of record on the date of completion of Geotec's acquisition of TelcoEnergy Corporation. "TelcoEnergy recognizes the value of the long term and sustained support provided by Geotec's shareholders and the importance of the continuing support of these shareholders as we move towards the integrated operations of the merged companies. TelcoEnergy wishes to show its appreciation by providing a 15% stock dividend to all Geotec shareholders of record at the time the acquisition is completed. The shares of stock transferred to the Geotec shareholders will be derived from a set of the stock provided to TelcoEnergy, as part of the acquisition." as expressed by TelcoEnergy management.
Geotec/TelcoEnergy Management believes that it will take approximately 60 days to finalize the acquisition process. As the closing date approaches, management will announce the exact date and terms of the dividend.
"We are aware that there are numerous shareholders that have been acquiring Geotec shares for several years, and I wish to personally thank them for their continuing support," stated W. Richard Lueck, CEO for Geotec/TelcoEnergy.
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Post by greatday8 on Apr 11, 2004 20:24:36 GMT -5
Geotec Thermal Generators, Inc./ TelcoEnergy Announces the Execution of a Preliminary Funding for $5 Million Friday March 19, 7:00 am ET
BOCA RATON, Fla.--(BUSINESS WIRE)--March 19, 2004--Geotec Thermal Generators Inc./TelcoEnergy Corporation (OTCBB:GETC - News) announces the execution of a preliminary funding agreement with Cross Capital Ventures, LLC, of New York for up to $5 Million of Swiss based funding. Cross Capital and Geotec/TelcoEnergy have irrevocably agreed to execute an agreement for Convertible Preferred stock; which will not be converted for five years, with voting rights; and an annual percentage to be determined, not exceeding 8%. Geotec/TelcoEnergy is currently implementing strategic financial plans that will enhance shareholder value, some of which are specifically for large projects, and will be disclosed in future press releases.
Separately, Geotec management has committed to control and lock their stock such that any shorting of the Company's security will not be facilitated.
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Post by greatday8 on Apr 11, 2004 20:25:20 GMT -5
Geotec Thermal Generators/TelcoEnergy Announces an Agreement to Purchase Sino-American Energy Inc. Tuesday March 30, 7:00 am ET Geotec/TelcoEnergy investing in China, the world's fastest growing energy market
BOCA RATON, Fla.--(BUSINESS WIRE)--March 30, 2004-- Geotec Thermal Generators Inc./TelcoEnergy Corporation (OTCBB: GETC - News) announces the signing of a purchase agreement to acquire 100% of Sino-American Energy Inc. (SAEI), a Delaware Corporation. SAEI is the operating partner in a joint venture with the Jin Cheng Coal Bureau to develop clean burning, high BTU Coal Bed Methane Gas (CBM) from the local partner's coal reserves, in the Shanxi Province of China. Jin Cheng is the second largest coal company in all of China. ADVERTISEMENT The Jin Cheng joint venture is currently completing 30 wells as part of a 300 well developmental program. Engineering analysis, based upon an early test well program, indicated recoverable reserves of approximately 1 Trillion cu. ft. of gas. As the operator of the project, TelcoEnergy will be able to utilize the proprietary Geotec recovery technology to further enhance the extraction of the gas from the project.
"When we combine Geotec's advanced fracturing technology with the massive proven reserves of methane gas that SAEI possesses, we are accelerating our business strategy. We are working diligently to bring new sources of fuel to the Chinese, and to the global gas supply forefront," commented W. Richard Lueck, Geotec/TelcoEnergy's CEO. Lueck also stated, "Especially important is the fact that our clean burning methane gas can help fuel China's second largest power plant, that currently uses coal, to become more environmentally friendly by reducing the polluting particulates."
Geotec/TelcoEnergy is committed to developing high yield, and clean burning energy resources. The company previously announced the development of Mach3 Superforce, an airborne fuel catalyst that enhances the burning efficiency of LNG and CNG and other fuels. With the SAEI acquisition, the company plans to introduce both Mach3 and Geotec technologies to China for unique projects. Our objective is to build a solid business foundation, by combining our fundamental energy development business with processes and technologies that enable higher production yields, and in delivering to the market cleaner burning and less polluting fuels.
SAEI will become a wholly owned unit of Geotec/TelcoEnergy. It will operate in concert with the Jin Cheng Coal Bureau, in the Shanxi Province of China, under authority granted through China's Coal Bed Methane Cooperation and Development Agreement.
Lueck further stated, "In the 1990's, the Chinese government had the vision and foresight to set up Coal Bed Methane initiatives. We are very honored to be operating SAEI in China, and to work in collaboration with our China-based partners to increase the China's supply of economically viable and environmentally-friendly methane gas. In addition, this project is particularly well positioned, given its proximity to a large base of commercial and residential customers."
About Geotec: Geotec Thermal Generators, Inc. has exclusive rights, to the Russian Federation technology for oil and gas recovery developed by the Military Research and Production Facility, FR & PC ALTAI for the Ministry of Geology, for use in North, South and Central America, and for specific worldwide projects where required. This unique scientific technology concluded development in 1986, comprising 6500 wells with 14 years of research and development. Over 30,000 wells have been treated with a 70% success rate for oil wells, and a 90+% success rate for gas wells. The technology produces incremental oil yields averaging over 6000 barrels of oil per well, per year. Wells, in certain rock formations, have exceeded 45,000 barrels of oil per well, per year. Other than the Company, only 13 governments have been permitted this technology.
About TelcoEnergy: TelcoEnergy Corporation has a 50% ownership in MACH 3 Enterprises, LLC, a Nevada Corporation. TelcoEnergy Corporation has U.S. and developing operations in Russia (including 700 million barrels of reserves, licensed for exploration), China and South America. TelcoEnergy operating, "From the Wellhead to the Gas Pump". The details of the complete operations will be incorporated into SEC filings and new information included in future Geotec Press Releases.
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Post by greatday8 on Apr 11, 2004 20:28:45 GMT -5
MACH 3 Automotive Productswww.gasmoney.org/AboutUs/aboutus.htmlThe Force, What It Is and How It Works The Force is a Gel Pack that emits a Unique Airborne Fuel Catalyst. (A catalyst is added to a chemical reaction, burning fuel, to make it more efficient). The Force catalyst helps break the bonds between Carbon and Hydrogen in fuel, giving more complete combustion and releasing more energy inside the engine, rather than being wasted in the exhaust as with a catalytic converter. PolyTron Treatment Concentrates PolyTron (Mach 3) is a Metal Treatment Concentrate, added to your oil, transmission, differential, essentially anything that requires lubrication. It is a unique, 100% pure petroleum-based metal treatment that is compatible with all lubricants, including synthetics, and other lubricants such as Transmission and Hydraulic fluid.
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Post by greatday8 on Apr 11, 2004 20:29:35 GMT -5
Liquefied Petroleum Gas Fueling Vehicles Around the WorldAlternative fuels strive to succeed on many scales including emission levels, economic costs, availability, and the potential to reduce oil consumption. Ranking highly by all such measures, particularly worldwide, is the fuel commonly called propane in United States. Propane, liquefied petroleum gas, and LPG are interchangeable names for the same commodity. (Technically, however, propane is just one, predominant component in LPG, which often contains smaller amounts of butane, propylene, and butylenes.) Autogas is yet another label for the same fuel, used in Europe, Australia, and much of the rest of the world. By whatever name, it is a fuel increasingly recognized worldwide as a clean, safe, and practical alternative to petroleum. According to the World LP Gas Association (WLPGA), some 29,000 automotive LPG fueling stations were operating worldwide in 2000. More than 7 million vehicles in 40 countries were LPG-fueled at that time, representing a 46 percent increase from two years earlier. afdcweb.nrel.gov/documents/altfuelnews/6_2cover.html
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Post by greatday8 on Apr 11, 2004 20:31:32 GMT -5
GETC/TELCO Mach3 EcoFuel Saver and Fuel BlendsPR of March 08,2004: www.geo-tec.net/pr03-08-04.html Variety of gas blends leads to price spikes Max Jarman The Arizona Republic Mar. 15, 2004 12:00 AM www.azcentral.com/arizonarepublic/news/articles/0315fuelblends15.html MACH 3 EcoFuel Saver...should contribute to reducing the number of fuel blends required. The PR of March 08,2004 about GETC/TELCO's "MACH 3 EcoFuel" gives a glimpse of some benefits. I believe more information will be released about the benefits and the progress that is being made. Lets watch for more information to see how huge this might be. The two articles shows a nice tie in. greatday8
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Post by greatday8 on Apr 11, 2004 20:32:40 GMT -5
Variety of gas blends leads to price spikes Max Jarman The Arizona Republic Mar. 15, 2004 12:00 AM The dozens of gasoline blends used across the nation create a supply nightmare for refiners and pipeline operators. The crazy quilt of requirements is blamed for shortages and price spikes, particularly during unexpected supply disruptions. Refineries switching from making winter to summer fuels also have been blamed for a recent jump in gas prices to near-record levels in metropolitan Phoenix and around the state. The multitude of blends, many created to address region-specific pollution issues and to keep prices lower, complicates the equation of why gasoline costs as much as it does. "It's an enormous logistical problem," said John Felmy, chief economist with the American Petroleum Institute in Washington, D.C. Consider: • Metropolitan Phoenix uses a different blend than the rest of the state, so gasoline can't be diverted from Tucson or Flagstaff to relieve a shortage. Last summer, when a burst pipeline reduced supplies to the Valley, gasoline was plentiful in other parts of the state. • California, which just changed its rules, has three blends. • The seven blends in California and Arizona are different. • New York and Connecticut have banned the additive MTBE in gasoline, but New Jersey still allows it, raising issues with supplies in the nation's No. 1 metropolitan area. To help ease supply problems, Arizona lawmakers are trying to get gasoline here to more closely match what is being used in California. But nationally, energy legislation to simplify the fuel situation has foundered. Nationwide, there are 18 "boutique" fuel blends that range from California's ultraclean but expensive "Carb 3" to the 5.7 percent ethanol blend used in Tucson during the winter. Each type comes in three grades - regular, midgrade and premium - and many have different specifications for summer and winter. Thus, there are 12 types of gasoline used in Arizona - regular, mid-grade and premium grades of conventional gas, summer Phoenix gas, winter Phoenix gas and winter Tucson gas. The different fuels have to be refined and shipped separately. At pipeline junctions, boutique fuel often has to be downloaded and stored until pipeline capacity is available to ship it farther. An Environmental Protection Agency study in 2001 found that supply channels could handle the dozens of different blends of gasoline mandated for various parts of the country as long as the system worked flawlessly. But given a supply disruption such as pipeline break of refinery fire, "it becomes difficult to move gasoline supplies around the country because of constraints of these fuel requirements," the study said. The areas hit hardest are those with the least flexibility in their fuel requirements, the study said. Blends with a purpose The EPA's 2001 study found that reducing the number of fuel blends to one or two would greatly improve the efficiency of the nation's gasoline distribution system. Such a move would require a change in the national Clean Air Act and in some cases would require states to agree to accept more expensive gasoline blends. California's new Carb 3, the cleanest gasoline in the country, costs up to 15 cents per gallon more than conventional fuel. The different blends in use in Arizona and around the country are more narrowly formatted to combat area-specific types of air pollution. Many cost less to produce as well. Winter gas is blended to combat carbon monoxide and particulates, while summer gas is engineered to reduce ozone-producing nitrogen oxides and volatile organic compounds. Different chemicals are also added year-round to reduce sulfur, benzene and other toxic emissions. To top it off, summer formula gas does not have enough octane to start a car in winter. Traditionally, winter blends contain ethanol, which is distilled from corn. Summer gas has been blended with either ethanol or methyl tertiary-butyl ether, or MTBE. Ethanol corrodes pipelines and must be trucked to tank farms where it is added. MTBE, a suspected carcinogen, is a petroleum-based product that is added at the refinery and generally shipped via pipeline. Arizona has made strides to conform its gasoline to that of neighboring states and improve supplies and temper seasonal price spikes. Maricopa County was granted relief last year from having to use gasoline blended with MTBE. California, where 70 percent of the Valley's gas is produced, banned the substance in January. Arizona had intended to ban MTBE six months after the prohibition in California but reconsidered. Mark Ellery, a policy adviser with the Arizona Department of Commerce's Energy Office, says he believes MTBE eventually will be banned in Arizona, adding that continuing to rely on fuel blended with MTBE after the ban if California is just asking for supply problems. A bill making its way through the Arizona Legislature would phase in California's Carb 3 gasoline as Arizona's summer gas. That would mean California refiners could make one product for both states. Arizona's winter gas still would need more ethanol than the California blend because of differences in pollution and winter temperatures between the states. But Steve Owens, director of the Arizona Department of Environmental Quality said extensive studies must be completed before switching to Carb 3 gas in Maricopa and parts of Yavapai and Pinal counties. Demand in the West " The easiest way to improve gasoline supplies and stabilize prices is to develop more standardized fuel blends," said Tom Bannigan, president of Kinder Morgan's products pipelines group, one of the nation's largest gasoline distributors. Since 2001, supply problems have been exacerbated by gasoline demand that is growing four times faster than local supply in the West and by prohibitions on MTBE, that are fostering more boutique blends. In 1995, the EPA developed one fuel blend to combat carbon monoxide and ozone pollution called reformulated gasoline. The blend has a specific oxygen content that increases the octane level of the gas and makes it burn cleaner. Either ethanol, a distilled product, or MTBE, a refinery-produced additive, can be used to achieve the desired oxygen content. RFG gas costs 4 to 6 cents per gallon more than conventional fuel. The federal Clean Air Act also allowed states to adopt their own fuel blends to address specific pollution problems and keep prices down. The EPA began granting waivers to areas that could show they needed greater reductions than could be achieved by RFG or that their own, cheaper blends could achieve the same reduction in air pollution as the government's RFG. Maricopa County opted out of the RFG program, with the EPA's blessing, in 1998 and developed its two acceptable blends of cleaner burning gasoline. One resembles California's old "Carb 2" gasoline without a benzene limit; the other resembles the federal RFG without a benzene limit or toxic performance standard. Ellery said the two gas types were allowed because at the time Texas refineries were unprepared to produce the Carb 2 California gas. Barry Garelick, an environmental protection specialist with the EPA, acknowledged the waivers led to the situation today. But, he noted, they were allowed under the law. "It would have been hard to refuse one if they met the requirements," he said. The agency backed a proposal in last year's energy bill that would have eliminated the oxygenate requirement in RFG fuel. Such a move could draw areas into the RFG program that objected to the oxygen requirements. Garelick noted that technology allows refiners to make clean gasoline without oxygenates. The bill also would have substantially banned the use of MTBE in U.S. gasoline. But the bill also contained a provision granting refinery and pipeline owners immunity from environmental liabilities stemming from MTBE contamination. Observers say the MTBE safe harbor ultimately sunk the bill. "It was the closest we've gotten to some sort of simplification of the fuel situation," Garelick said. www.azcentral.com/arizonarepublic/news/articles/0315fuelblends15.html
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Post by greatday8 on Apr 11, 2004 20:34:48 GMT -5
China, US Jointly Develop Coalbed Methane Last updated at: (Beijing Time) Tuesday, March 04, 2003 China United Coalbed Methane Co., Ltd. (CUCBM) signed a production sharing contract with US-based Sino-American Energy Inc. Monday in Beijing for cooperative development of the coalbed methane resources in north China's Shanxi Province. China United Coalbed Methane Co., Ltd. (CUCBM) signed a production sharing contract with US-based Sino-American Energy Inc. Monday in Beijing for cooperative development of the coalbed methane resources in north China's Shanxi Province. The contracted block of 150.8 square km is located in Qinshui County of Jincheng City, which has convenient transportation facilities with neighboring cities in Shanxi and Henan provinces where demand for clean gas energy is increasing, said Huang Zhida,general manager of the CUCBM. The development of coalbed methane is of strategic significance for the progress of local economy, readjustment of energy structure and the utilization of clean energy, Huang said, adding that the block is close to the west-east national gas pipeline now under construction, which will facilitate the transportation and sales of coalbed methane there. With estimated coalbed methane reserves of 30 billion cubic meters, the block is suitable for commercial development, and is expected to become the first to enter the development stage among all Sino-foreign blocks. To date, the CUCBM has signed 19 coalbed methane contracts with foreign companies, with a total contracted area of more than 32,000 square km and coalbed methane reserves of more than 3.4 trillion cubic meters. As of the end of 2002, foreign investment had reached 90 million US dollars. According to the contract signed with the CUCBM, Sino-American Energy, which specializes in the exploration, development and production of coalbed methane resources, will introduce its advanced horizontal well technology for pilot development in China. The two investors will share production during the development and production periods according to their investment proportion. The CUCBM, established in 1996, is the sole professional company in China responsible for the exploration, development, production, transportation, sales and utilization of coalbed methane in the country. It enjoys the exclusive right of exploring and developing coalbed methane resources in cooperation with foreign companies. China is rich in coalbed methane resources and has 30 to 35 trillion cubic meters of reserves no more than 2,000 meters in depth. It is the second country in the world to conduct large-scale coalbed methane surface exploitation following the United States. english.peopledaily.com.cn/200303/04/eng20030304_112621.shtml
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Post by greatday8 on Apr 11, 2004 20:36:20 GMT -5
Coalbed Natural Gas Transactions/NewsCoalbed Natural Gas Alert Providing the E&P community with the latest information, data and resources for the coalbed methane industry. No. 19, March 2003 COALBED NATURAL GAS TRANSACTIONS/NEWS (Sources: Dow Jones Interactive, Dialog, Energy Central and Northern Light) March 3, 2003 China United Coalbed Methane Co., Ltd. Signed a production sharing contract with US-based Sino-American Energy, Inc. for cooperative development of the coalbed methane resources in China's Shanxi Province. With estimated CBM reserves of 30 billion cubic meters, the block is suitable for commercial development, and is expected to become the first to enter the development stage among all Sino-foreign blocks. To date, the CUCBM has signed 19 CBM contracts with foreign companies, with a total contracted area of more than 32,000 square km and CBM reserves of more than 3.4 trillion cubic meters. As of the end of 2002, foreign investment had reached 90 million dollars. According to the contract signed with the CUCBM, Sino-American Energy will introduce its advanced horizontal well technology for pilot development in China. www.ticora.com/cbmalerts/CBM%20ALERT%20March%202003.pdf
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Post by DJF on Apr 12, 2004 17:17:51 GMT -5
Technically - it is making a nice pullback. Wait for PPO and money flow to cross their respective trigger lines before commiting. A retest of $0.43 is still possible at this point. stockcharts.com/gallery?getcDD as always, DJF
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Post by greatday8 on Apr 19, 2004 21:53:15 GMT -5
GETC seems to be consolidating in the .40 - .55 area where there seems to be buying support. The PR of 04/19/04, gives additional information and a nice recap of TelcoEnergy. greatday8 Technically - it is making a nice pullback. Wait for PPO and money flow to cross their respective trigger lines before commiting. A retest of $0.43 is still possible at this point. stockcharts.com/gallery?getcDD as always, DJF
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Post by greatday8 on Apr 19, 2004 21:55:23 GMT -5
GETC -Building a strong company -PR -.47x.50
Geotec/TelcoEnergy Announces Mach 3 SuperForce Product Distribution Arrangement for Russian Market
Monday April 19, 11:00 am ET
BOCA RATON, Fla.--(BUSINESS WIRE)--April 19, 2004--Geotec Thermal Generators Inc./TelcoEnergy Corporation (OTCBB:GETC - News) announced an agreement with "2T Holding," one of the major Russian auto parts manufacturers and distributors, for wide distribution of the Mach 3 SuperForce product line in Russia. "2T Holding" is one of Russia's major producers of full spectrum auto parts including oil and air filters under the brand name "Good Will" products. The Company is arranging certification of the Mach 3 SuperForce product line in Russia to launch a wide distribution campaign through retail outlets and government sales.
Mr. Oleg N. Tioumentsev, Chairman of the Board of "2T Holding," stated: "Mach 3 SuperForce is a revolutionary automotive fuel enhancement. It increases the fuel efficiency of gasoline and diesel and alternative fuels like LPG and CNG. There are large fleets of alternative fueled government vehicles in use, as well as many cars and trucks in the private automotive sector in Russia."
Mr. Roman Rozenberg, TelcoEnergy's Managing Director of Russian Operations, stated that: "Even though we are planning to distribute the Mach 3 SuperForce product line through our own LPG fueling stations, currently under construction, this distribution alliance will enable TelcoEnergy to market Mach 3 airborne fuel enhancement products throughout Russia much sooner and with greater impact. Our introduction is timely, because the new Government is focusing on environmental issues and our Mach 3 products cut engine pollutants by up to 25%."
Mr. Dennis Leung, Senior Executive Vice President of Fuel Processing for TelcoEnergy is pleased to report that Mach 3 SuperForce is currently being tested by the China EPA and certain taxi fleets in Beijing through China National Scientific and Materials Import & Export Corp. Also, Mach 3 Automotive Products on Friday April 16, 2004 sent out its first shipment of an initial order of Mach 3 SuperForce to the free port of Montevideo in South America for the Argentina and Uruguay markets after a successful trial run of the Mach 3 air borne fuel enhancement products tested with various types of big trucks as well as small passenger vehicles to provide the extra power for climbing mountains in high altitude while still achieving appreciable fuel savings.
MACH 3 SuperForce is an exceptionally efficient airborne catalyst that enhances the fuel mixture for any type of internal combustion engine, and the only enhancer that can be utilized with LPG/CNG powered vehicles. The vaporization of the product in the combustion chamber produces more complete, uniform and longer combustion, with simultaneous reduction of exhaust emissions. Mach 3 SuperForce can be used in gasoline or diesel engines; however, it is unique in its use in LPG/CNG engines.
About: TelcoEnergy Corporation is an international energy resource, services and technology company. TelcoEnergy owns oil and gas reserves in the US, and is acquiring additional reserves in the U.S., Russia, China and other regions, TelcoEnergy is also focused on developing alternative fuels and resource extraction technologies. TelcoEnergy specializes in the production of non-conventional coal bed methane (CBM). TelcoEnergy is utilizing owned technology, joint ventures and strategic alliances to accomplish its growth and international expansion objectives.
TelcoEnergy Corporation is operated from four groups, TelcoEnergy - Advanced Technologies Group; TelcoEnergy - Production Group, which is comprised of TelcoEnergy U.S. Production Group and TelcoEnergy - Overseas Production Group; TelcoEnergy - Alternative Fuels Group; and TelcoEnergy - Terminaling and Fueling Stations Group.
TelcoEnergy - Advanced Technologies Group:
TelcoEnergy owns 50% of a joint venture called Mach 3 Automotive Products. This Company has developed "MACH 3 EcoFuel Saver," an economical replacement for MTBE and Ethanol in Gasoline. MACH 3 EcoFuel Saver is a bulk fuel additive, registered with the U.S. Environmental Protection Agency (EPA), for use with gasoline and diesel fuel. For more than two decades, Methyl Tertiary Butyl Ether (MTBE) has been widely used as the standard bulk fuel to boost gasoline efficiency, while reducing engine exhaust pollutants. As of January 1, 2004, MTBE was banned in California. In California, ethanol is currently used to replace MTBE in gasoline. Replacement blend for MTBE will be required in many other states in the near future. Effective blending of MACH 3 EcoFuel Saver in gasoline uses only 0.5% by volume, or 30 times less than required for Ethanol, Yet, Mach 3 yields equivalent or better fuel burning efficiency. TelcoEnergy believes that MACH 3 EcoFuel Saver is the only bulk fuel additive registered with the EPA that is also capable of reducing all categories of exhaust emissions from internal combustion engines fueled by gasoline or diesel, Mach 3 achieves this, while increasing engine power and fuel economy an average of 20% The Company believes this level of efficiency and economics will help to temper the potential escalation in fuel prices for consumers and business. TelcoEnergy will market Mach 3 products in the U.S. and through emerging operations, discussed below, in Russia and China.
Geotec and the Generator(TM) technology products will be integrated into the Advanced Technologies Group.
PGDBK Gas Generators(TM) perform an advanced well stimulation process designed to increase oil and natural gas output. The technology has been proven to be safe and effective throughout regions of Asia and Eastern Europe. Compared to similar services, such as hydraulic fracturing or acidizing, the Generators(TM) are more effective and safe, and less costly. The Generators(TM) were developed utilizing a method of bed fracture with the pressure of a solid, pulsating propellant charge. The Generators(TM) do not contain explosives and a combustion blast does not occur, which is important for governmental safety and environmental considerations. Customers suited for using the Generators(TM) are sites with high pressure, oil-rich levels where filtration properties of the local rock formation/structure have undergone irreversible changes, thereby causing the well to become non-producing or inactive. More than twenty-five years of Russian service experience has provided the Company with data that verifies that the Generators(TM) utilize a process which is a clean, safe, economical and environmentally-sound procedure which is capable of creating the rebirth of non-producing wells. This data will be used to pinpoint and prioritize market opportunities for the Company. The Generators(TM) do not require any pumps or other compressor-type machinery As a result, the Generators(TM) are ideal for regions/sites, which are difficult to access due to certain geological properties and characteristics.
(continued)
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Post by greatday8 on Apr 19, 2004 21:56:39 GMT -5
(continued) TelcoEnergy - Production Group is the operational and financial core of the company. The Production Group develops, acquires and manages energy resources. These resources include oil and gas owned in the U.S., U.S. pipelines, as well as oil and gas reserves the company is acquiring in China and Russia and other areas. The Company's strategy of oil and gas reserve acquisitions is designed to provide continuity of supply, to meet global market demand. TelcoEnergy - U.S. Production Operations is managed by a seasoned team of industry experts, who will also advise the Production Group on its Russia and China operations. TelcoEnergy will use its oil field experience to implement Geotec Technology in conjunction with its US and foreign production. TelcoEnergy operates in New Mexico through the Company's wholly owned subsidiary, BC&D Oil and Gas Corp. BC&D, founded in 1992, is a fully equipped and active E&P company, developing oil, gas and coal bed methane in the Four Corner area of New Mexico. TelcoEnergy operates in Oklahoma through the company's wholly owned subsidiary TelcoEnergy, LLC, which owns approximately 1400 miles of pipeline easements and pipelines, which are being reactivated on an "as needed" basis, to develop joint venture oil, gas and coal bed methane projects with local producers in Oklahoma. TelcoEnergy -- Overseas Production Group is currently developing operations in Russia and China, two of the world's fastest growing economies. Russia is an important world producer/exporter of oil and gas. China has become a net importer of oil and refined products and has begun to realize the value of its non-conventional methane gas resources. China's conventional and alternative energy needs are very large. TelcoEnergy - China Production Operations is acquiring 100% of Sino-American Energy Inc. (SAEI), a Delaware Corporation. SAEI is the operating partner in a joint venture with the Jin Cheng Coal Bureau to develop clean burning, high BTU Coal Bed Methane Gas (CBM) from the local partner's coal reserves, in the Shanxi Province of China. Jin Cheng is the second largest coal company in all of China. The Jin Cheng joint venture is currently completing 30 wells as part of a 300 well developmental program. Engineering analysis, based upon an early test well program, indicated recoverable reserves of approximately 1 Trillion cu. ft. of gas. As the operator of the project, TelcoEnergy will be able to utilize the proprietary Geotec recovery technology to further enhance the extraction of the gas from the project. By combining Geotec's fracturing technology with the massive proven reserves of methane gas that SAEI possesses TelcoEnergy is accelerating and enhancing productivity. It is important to note that the use of the Company's Generator(TM) technology is expected to increase the effective reserves of gas by 50% to 100%. Further, The company will introduce Mach 3 in China through this joint venture. SAEI will be a wholly owned unit of TelcoEnergy. It will operate in concert with the Jin Cheng Coal Bureau, in the Shanxi Province of China, under authority granted through China's governmental system. This project is located close to a large base of commercial and residential customers. TelcoEnergy is committed to operate in China in close partnership with the Chinese government and energy industry, maximizing business efficiency and time to market. TelcoEnergy - Russia Production Operations has a signed purchase agreement to acquire 51% of Volgageoresource. Volgageoresource has been awarded, by the Russian Federation, 5 permits to explore 5 hydrocarbon structures in the Saratov Region (1,037,820 acres). Indications from the Institute of GeoInformational Analysis, state the potential oil reserves are in excess of 100 million metric tons, or approximately 700 million barrels. TelcoEnergy - Alternative Fuels Group comprises TransGazService and Neftegaz. TelcoEnergy owns 51% of TransGazService, one of the major LPG wholesale operators in the Rostov region of Russia. The acquisition agreement states plans to expand the company, to include an LPG storage facility and twenty-five LPG automobile/truck fueling stations. Mach 3 SuperForce will be distributed through these stations in Russia. TelcoEnergy has a signed purchase agreement to acquire 51% ownership of Neftegaz. This LPG company owns real estate and a license to build an LPG storage facility TransGazService plans to supply its LPG fueling stations in Rostov. Geotec/TelcoEnergy Corporation (OTCBB:GETC - News) is an operating oil/gas/energy company. Statements in this release, which relate to other than strictly historical facts, including statement about the Company's plans and strategies, as well as management's expectations about new and existing products and services, technologies and opportunities, market growth, demand for new and existing products and services, are forward-looking statements. The words "believe", "expect", "anticipate", "estimate", "project", "intend" and similar expression identify forward-looking statements that can speak only as of the date hereof. This press release contains certain forward-looking statements regarding Geotec/TelcoEnergy, its business prospects and results of operations that are subject to certain risks and uncertainties posed by many factors and events that could cause Geotec/TelcoEnergy's actual business, prospects and results of operations to differ materially from those that may be anticipated by such forward-looking statements. Readers are urged to carefully review and consider the various disclosures made by Geotec/TelcoEnergy in this new release and other reports filed with the Securities and Exchange Commission that attempt to advise interested parties of the risks and factors that may affect Geotec/TelcoEnergy's business. -------------------------------------------------------------------------------- Contact: Mirador Consulting, Inc., Boca Raton Frank Benedetto, 877-Mirador E-mail fb@MiradorConsulting.com or Geotec Thermal Generators, Inc./TelcoEnergy Corporation W. Richard Lueck, 561-447-7370 E-mail rlueck@mindspring.com biz.yahoo.com/bw/040419/195713_1.html
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