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Platt’s Blog Outlines Potential in Georgia Oil & Gas Fields

Monday, April 8th, 2013

Greyson International Inc. (OTC Pink: GYSN) is a developer of an innovative, patented topical delivery technology targeting the multi-billion dollar cosmetics and OTC pharmaceutical industries that interestingly owns a 3% passive investment stake in Blake Oil and Gas Limited. The privately owned, Guernsey registered oil and gas company has properties located in the country of Georgia, which Platts’ John Roberts suggests could hold significant potential for investors.

The blog post, entitled Georgia’s Oil Prospects: Déjà Vu All Over Again outlines the decades old story of Georgian oil exploration under a company named CanAgro Energy Corporation. After running out of capital at the wrong time, the company was forced to declare bankruptcy and its assets were purchased by Blake Oil and Gas Limited in January of 2010. Since then, Blake has managed to strike a joint venture agreement with MND Group to spend $100 million in capex to fund development in the areas that CanAgro saw tremendous promise.

With $100 million in committed private capital in the project, Greyson International’s stake in Blake Oil and Gas Limited may be one of the only ways for investors to gain exposure to this potential. Investors interested in the oil and gas industry, particularly in international markets like Georgia, may therefore want to consider Greyson International (OTC Pink: GYSN) as a unique play alongside other oil and gas holdings, like Exxon Mobil Corporation (NYSE: XOM) or Hess Corporation (NYSE: HES).

According to the blog post:

“With cash now in place, once again hopes are high that this time a breakthrough will be achieved, that a Georgia that seems to have such promising geological conditions can finally escape from a downward spiral that has seen oil production plummet from more than 70,000 b/d in Soviet times to barely 1,000 b/d today.

“To Nibladze, the prospectivity is obvious: ‘In every well you drill in Georgia there are hydrocarbons,’ he says. The old CanArgo, he notes spent around $200m in Georgia over 12 years of active operations. ‘In three years, we’re spending $100 million. It should make a difference.’”

Read the complete blog post at:
http://blogs.platts.com/2013/03/28/georgia-upstream/

About Blake Oil and Gas Limited

Blake is an independent, privately owned, oil and gas exploration, development, and production company with onshore oil and gas assets in Georgia.

Blake’s assets comprise a 100 per cent operated interest in three Production Sharing Contracts (PSCs) including existing production from the Ninotsminda Field, which also has undeveloped reserves, plus very large appraisal / development potential in the Manavi and Norio oil discoveries and upside in several large undrilled exploration leads.

About Greyson International Inc.

Greyson’s primary focus is on its recently patented Trilexon® delivery system that’s taking the multi-billion dollar cosmetics and OTC pharmaceuticals industries by storm. Based on this technology, the company’s patented Trilexon® foundation creates a fine surface that is insoluble in water, keeping it in place even after sweating or contact with water. Ingredients are released continuously over an extended period of time, ensuring that the skin receives treatment at a constant steady pace to give it a healthy and youthful look. In addition to cosmetic applications, Trilexon® may also have benefits in the medical field where it is important to deliver active ingredients. Trilexon® is a registered trademark of Greyson International. The company also holds an investment in Blake Oil and Gas Limited (“Blake”), a privately owned, Guernsey registered, Oil and Gas Company.

Learn More and Sign Up to Follow GYSN here: http://www.emerginggrowthcorp.com/emailassets/gysn/gysn_landing.php

Tags: NYSE:HES, NYSE:XOM, PINK:GYSN
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Greyson (GYSN) Outlines Progress on Energy Asset Development

Friday, March 1st, 2013

Greyson International Inc. (OTC Pink: GYSN) has been making a lot of progress over the past few months bringing its Trilexon® technology to market, but investors may also want to pay attention to its oil and gas asset in Georgia. With significant potential reserves, the asset could provide the company with operating cash flow to further develop its pateneted Trilexon® technology, if it’s successfully drilled in 2013 and 2014. Moreover, these assets could potentially become of interest to international oil and gas companies like Exxon Mobil Corporation (NYSE: XOM) and Chevron Corporation (NYSE: CVX) down the road.

The latest on these oil and gas assets can be found in the press release below:

Greyson International Inc. (OTC Pink: GYSN), developer of an innovative, patented topical delivery technology targeting the multi-billion dollar cosmetics and OTC pharmaceutical industries, today announced an update on its passive investment in Blake Oil and Gas Limited (“Blake”), a privately owned, Guernsey registered oil and gas company with properties located in the country of Georgia.

“Greyson has been advised that the joint venture between Blake and the MND Group has been funded and new seismic data is being collected across all three properties. A drilling campaign is expected to commence later this year and continue through 2014,” said Greyson International Inc. CEO Harvey Tauman.

On March 12, 2012, Greyson acquired a private entity that resulted in a 3% passive ownership stake in Blake. On August 14, 2012, Blake entered into a joint venture agreement with MND Group whereby the latter received a 50% interest in Blake’s Georgian assets in exchange for assuming exploration and production costs. Under the terms of the agreement, the MND Group committed to over $100 million in capital expenditures to fund the development of the Ninotsminda, Manavi and Norio assets.

According to an independent report issued by Netherland, Sewell & Associates Inc. and Oilfield Production Consultants, these properties could have significant oil and gas reserves. More information about these assets can be found on Blake’s website, www.blakeoilandgas.com.

About Greyson International, Inc.

This release contains information about management’s view of our future expectations, plans and prospects that constitute forward-looking statements for purposes of the safe harbor provisions under The Private Securities Litigation Reform Act of 1995. Actual results may differ materially from historical results or those indicated by these forward-looking statements as a result of a variety of factors including, but not limited to, risks and uncertainties associated with our financial condition, our ability to sell our products and our ability to compete with competitors. We encourage you to review other factors that may affect our future results on any current or future documents we file periodically with the Securities & Exchange Commission.

Tags: NYSE:CVX, NYSE:XOM, PINK:GYSN
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Profire’s (PFIE) Technology Is Superior According to Gly-Tech

Tuesday, June 12th, 2012

Profire Energy Inc. (OTCBB: PFIE), a international provider of burner management systems to the oil and gas industry, similar to companies like Flotek Industries Inc. (NYSE: FTK) and Cameron International Corp (NYSE: CAM), expands distribution through a non-exclusive agreement with Gly-Tech. Gly-Tech currently provides turn key services for companies such as Exxon Mobil Corporation (NYSE: XOM) and Chevron Corporation (NYSE: CVX) to name a few.

Profire Energy, Inc. (PFIE) today announced that Gly-Tech Services, Inc. has become a non-exclusive authorized distributor of Profire’s burner management systems (BMS). Gly-Tech chose Profire Energy’s systems after an extensive search because demonstrations showed they are safer, will reduce overall fuel costs, and give oil and gas producers the ability to more efficiently — and remotely — monitor equipment.

“Gly-Tech has provided process equipment solutions specializing in gas dehydration since 1987 and has distributed and installed other burner management systems, but they began to show significant operational design problems,” said Rocky Buras, president of Louisiana-based Gly-Tech Services, Inc. “After extensive research and testing, we found Profire Energy. We have found the company’s technology to be superior. In addition to being easy to use, the automatic relighting of the burners make them much safer, and producers can easily monitor their equipment from remote sites to ensure the burners are lit only when they are supposed to be.”

The emphasis on safety, construction and operation of natural draft-fired heaters on oil and gas wells has increased within the last decade. This has resulted in the evolution — and acceleration — of burner management systems to help oil and natural gas producers with the safe and cost-efficient development and transportation of carbon-based fuels. Profire Energy’s BMSs specifically:

-Meet or exceed all relevant codes and standards
-Easy installation with clearly marked component I/O
-Have easily accessible and removable terminal connections
-Rapidly shut down on flame-out
-Use DC voltage spark ignition
-Accommodate solar panel or TEG applications with a low-power design
-Enable auto-relight or manual operation
-Include transient protected and fail-safe circuits

“This new relationship demonstrates the growing demand for burner management systems to automatically ignite and manage the combustion process safely and efficiently,” said Brenton Hatch, chief executive officer and chairman of the board of Profire Energy. “We’re at a time of rapid growth and look forward to working with Gly-Tech and our other authorized distributors to help the oil and gas producers become more safe, productive and environmentally friendly.”

About Gly-Tech Systems

Based in Harvey, La., Gly-Tech has provided process equipment services since 1987. The company specializes in gas conservation optimizations, troubleshooting, cleaning and system upgrades of gas dehydration systems. Gly-Tech Services has offices in Shreveport, Louisiana, Ada, Oklahoma and New Orleans, Louisiana.

For more information, visit http://www.glytech.com/.

About Profire Energy, Inc.

Profire Energy, Inc. is a leading manufacturer and installer of oilfield combustion management systems and related burner products. The company’s products and services assist energy production companies in the safe and efficient transportation, refinement and production of oil and natural gas. Profire Energy’s lead products are the Profire 2100 and the Profire 1100, which are burner management systems that oil and gas producers rely on to provide reliable management and ignition of combustion burners and associated vessels such as separators, dehydrators, line heaters, incinerators, etc.

Profire Energy Inc.’s common stock trades on the OTC Bulletin Board under the symbol “PFIE”To learn more about Profire Energy’s products and services please visit the following resources:

Company Website

Taglich Brothers Research

Tags: NYSE:CAM, NYSE:CVX, NYSE:FTK, NYSE:XOM, OTC:PFIE
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Stealth Energy (CNSX: SLH) Sits Atop Significant Potential Oil Reserves

Monday, November 8th, 2010

Stealth Energy, Inc. (CNSX: SLH), a Canadian-listed independent oil and gas exploration and production company with properties in Wyoming and Montana, similar to companies like Ultra Petroleum Corp (NYSE: UPL) and Exxon Mobil (NYSE: XOM), could be sitting atop significant oil reserves in the Heath Formation within its Montana leases.

Stealth Energy, Inc. (CNSX: SLH) is a Canadian-listed independent oil and gas exploration and production company with properties located in Montana and Wyoming. These properties are estimated to contain significant oil and natural gas reserves that the market may not be fully realizing in its $9.9 million market capitalization, especially given its large land holdings .

Extracting Old Oil Fields with Enhanced Recovery

The Health Formation in Central Montana represents a new and potentially very large oil resource play that several companies are now involved in exploiting. Currently, there are approximately 43 Heath-sourced oil fields in the area producing from seven different reservoirs, including the Heath formation itself, with cumulative production of more than 107 million barrels of oil, according to a geological survey conducted by Three Crown Petroleum.

Total organic carbon values in the region are very high, while vitrinite reflectance data indicates that the formation is at or near peak oil generation. In fact, the area is so promising that some investors are calling it the next Bakken Formation – a very popular rock unit with estimated oil reserves of 3-4 billion barrels and production of some 270 million barrels. If true, this Stealth Energy lease could pay big returns to shareholders down the road.

Naval Petroleum Reserve Begins Flooding Program

Stealth Energy is currently developing approximately 1,200 acres located adjacent to the Department of Energy’s Naval Petroleum Reserve #3 and the Rocky Mountain Oilfield Test Center within the infamous Teapot Dome. The oil field is well-known among oil companies as a potentially huge oil reserve.

Over the past 80 years, the oil field has produced more than 2.5 million barrels of oil, while many experts believe that some 7.5 million barrels could remain underground. Meanwhile, the Naval Petroleum Reserve recently indicated that it would introduce a water and CO2 flood that could significantly increase output for Stealth Energy’s property as well, according to company sources.

Stealth Energy Shows Significant Potential Ahead

The U.S. Department of Energy estimates that the country could generate an additional 240 billion barrels of recoverable oil resources using next-generation EOR techniques. With the recent introduction of CO2 by the Naval Petroleum Reserve #3 near its Teapot Dome property, the company could benefit significantly from increased production over the next year and beyond.

At the same time, Stealth Energy recently completed the initial drilling program for its Trailblazer project in Montana. On September 23, 2010, the 22-1 DeJeager well as spud while the company plans on drilling additional wells through which it will receive a healthy 87% revenue interest. Since these wells are located near wells that had initial production of more than 300 barrels per day, investors are optimistic.

In conclusion, investors looking for a relatively undiscovered oil and natural gas exploration and production company may want to check out Stealth Energy, Inc. (CNSX: SLH). With significant oil reserves and a unique methodology, the company appears to be on the verge of generating significant revenues from several of its properties.

Tags: NYSE:UPL, NYSE:XOM
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Stealth Energy Offers Alternative to High-Cost Offshore Oil

Tuesday, September 7th, 2010

Stealth Energy, Inc. (CNSX:SLH) could represent a better play than offshore drilling companies like Petroleo Brasiliero SA (NYSE: PBR) and Exxon Mobil (NYSE: XOM), which face higher costs and lower predictability than land-based oil exploration and development companies.

Offshore Drilling’s Many Hidden Costs

Offshore drilling is an expensive procedure that involves drilling through shallow or deep water to reach oil below the ocean’s surface. With costs ranging from oil rig rentals to hurricane disruptions to oil spill risk, it is not hard to see why many offshore drillers face high costs. Meanwhile, costs can become very unpredictable given the nature of the industry and erratic weather patterns.

In 2005, Hurricane Katrina hit the southeastern portion of the U.S. and led to oil supply disruptions in an area that accounted for nearly a tenth of all oil consumed in the country. As oil prices subsequently climbed to more than $70 per barrel, offshore drillers were left largely unable to benefit with their production offline and/or damaged in wake of the storm.

Then, in 2008, there was a shortage of offshore oil rigs that resulted in rates – the amount oil companies pay to rent an offshore oil rig – that rose to more than $500,000 per day. Companies that signed contracts at that time were subsequently stuck with the high day rates in an environment that saw oil prices falling sharply from a high of over $140 a barrel to less than $40 a barrel.

Stealth Energy’s Significant Land Reserves

Stealth Energy owns an oil field in Wyoming that covers approximately 1,200 acres on the notorious Teapot Dome. Over the past eighty years, the property has produced more than 2.5 million barrels of oil, while the company’s engineers estimate that a further 7.5 million barrels remain to be produced. Several wells on the property are currently producing, while the company expects more online soon.

As an added bonus, the company has a package of approximately 48,500 acres – or approximately 75 sections – in Montana, on which it will be drilling a minimum of three prospective oil wells starting mid-September. The firm’s engineers estimate that the natural gas portion of this land package could contain up to three billion cubic feet of natural gas reserves per section, making it a significant reservoir within the United States.

Conclusions

In conclusion, Stealth Energy offers investors a more predictable source of oil at a lower cost than offshore competitors, while also being able to participate in a potentially blockbuster natural gas field. Combined, these attributes make this small Canadian driller with U.S. properties worth a second look for growth investors worldwide.

Tags: CNSX:SLH, NYSE:PBR, NYSE:XOM
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EcoloCap Solutions (OTC-BB: ECOS) Reports on Indian M-Fuel Proposal

Wednesday, August 11th, 2010

EcoloCap Solutions Inc. (OTC-BB: ECOS), whose revolutionary new M-Fuel could change the oil industry’s landscape dominated by companies like Exxon Mobile Corporation (NYSE: XOM) and Marathon Oil and Gas, Inc. (NYSE: MRO), is in discussions with the Indian government and various private enterprises to implement its product on a wide scale.

EcoloCap Solutions Inc. (OTCBB: ECOS), an integrated network of environmentally-focused technology companies utilizing nanotechnology to develop efficient alternative energy solutions, today announced that Michael Siegel President and CEO of Ecolocap Solutions, Inc. has held successful discussions with the Indian Joint Secretary, Ministry of Petroleum and Natural Gas, Apruva Chandra IAS (http://www.sarkaritel.com/ministries/pet_natural_gas/index.htm). This department of the Indian government sets all standards and policy for hydrocarbon applications.

Mr. Siegel, accompanied by Ajay Singh, managing director of Spice Jet. ( http://www.spicejet.com/CorporateOverview.asp, http://economictimes.indiatimes.com/news/news-by-industry/transportation/shipping-/-transport/Urban-transport-goes-corporate-Spice-Jet-MD-to-run-bus-fleet-in-Delhi/articleshow/5793965.cms), and Chairman of Star Bus and Argentum Engines Pvt. Ltd. which just purchased the shuttered 250 acre Daewoo auto manufacturing complex in Delhi. The group has already signed with the Delhi Govt. (India) to supply operate and maintain approx 1,500 buses in the capital city of India for next 10 years. http://timesofindia.indiatimes.com/city/delhi/Corporate-buses-will-hit-roads-in-Oct/articleshow/5790046.cms,. The group was also accompanied by Mr. Sheetal P. Singh, a Director of Argentum.

As a result of the meeting, the Minister has directed that testing on M-Fuel to be started as soon as possible and following positive results, a program will be put in place for full implementation of the use of M-Fuel in India with the Argentum group as project manager for the operation.

The M-Fuel system uses, as raw material, 70% Diesel/bunker-A, B or C heavy oil, and 30% water and additive. These materials go through the process of flow control, amount measuring, dilution/mixing, and nano-crushing with EcoloCap’s Nanomizer. This process creates an oil emulsion, the M-Fuel. This new type of fuel decreases particulate emissions by 99+%, non-CO2 gas emission by 90%, and reduces fuel consumption by 30%. It also increases energy efficiency through a more complete burn. The end result is a marked improvement of the environment and significant cost decrease.

Mr. Singh stated:”When testing is complete we plan to start assembling M-Fuel machines at the Argentum Facility, (formerly the Daewoo auto factory). We will be required to ramp up production to eventually accommodate 15,000 pumps in India. We have looked at the specifications and results from former testing of the M-Fuel and are confident that this should contribution significantly to a greener India, not neglecting the considerable savings that we will pass on to the users.”

Mr. Siegel stated, “The EcoloCap Emulsion system is unique in that it can process industrial and waste water for 30% of the M-Fuel composition, and by this fact, not depleting potable water supplies. Using contaminated water while reducing harmful emissions were the two major aspects considered in the decision. For our Company, the opportunity to partner with such a large industrial group will be an important factor toward the expansion of EcoloCap in the world market.”

About The Company: EcoloCap Solutions Inc. (OTCBB: ECOS) and its subsidiaries Micro Bubble Technologies Inc. (“MBT”), K-MBT Inc. (Korea) and EcoloCap Solutions Canada Inc., are an integrated network of environmentally focused technology companies that mainly utilize nanotechnology to develop efficient alternative energy solutions. Their portfolio of products and services include MBT’s Carbon Nano Tube (CNT) and Lithium X rechargeable batteries that surpass the performance of batteries in the market today, MBT’s M-Fuel, a breakthrough suspension fuel for diesel and heavy oil applications that greatly reduces cost and the emission of harmful gases, and EcoloCap Solutions Canada Inc. which offers Carbon Credit UN Certification and trading services. For additional information, please visit the EcoloCap website, http://www.EcoloCap.com.

Company Contact Information:

EcoloCap Solutions Inc.
1250 South Grove Avenue, Suite 308
Barrington, Illinois 60010
Tel: (866) 479-7041
Fax: (847) 919-8440
Email: Info@EcoloCap.com

This press release may contain statements of a forward-looking nature regarding future events. These statements are only predictions and actual events may differ materially. Please refer to documents that EcoloCap Solutions Inc. files from time to time with the Securities and Exchange Commission for a discussion of certain factors that could cause actual results to differ materials from those contained in the forward-looking statements.

Tags: NYSE:MRO, NYSE:XOM, OTC:ECOS
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Stealth Energy (SLH) Offers Alternative to Shale Plays

Wednesday, June 9th, 2010

Traditional natural gas plays like Stealth Energy, Inc. (SLH) may be a better alternative to shale plays like Ultra Petroleum Corp. (UPL) and Exxon Mobil (XOM) as it boasts both higher margins and significant reserves, as natural gas continues to rapidly grow in popularity as an alternative source for domestic energy.

The enormous natural gas reserves held within shale rock formations has led many analysts and politicians to see clean-burning natural gas as a way to reach energy independence. The increased focus has helped natural gas prices rise off of their all-time lows to around $4.35 per MMBtu, but prices remain under pressure until bullish policies are actually implemented.

The combination of lower-than-normal demand and a lack of policies implemented has created an opportunity for investors to get involved in natural gas ahead of a potential rise. Some analysts, like Sanford C. Bernstein & Co.’s Ben Dell, project prices to hit $8.50 by 2011 as companies need gas to rise to at least $7.50 to profit from new wells.

While shale rock formations may hold a lot of natural gas, extracting the natural gas is no easy task. The development of new technologies, like hydraulic fracturing (known as “fracking” in the industry), has somewhat lowered cost, but many shale operations remain economically unviable. As a result, investors may be better off with traditional producers like Stealth Energy, Inc.

Stealth Energy, Inc. (SLH) is a Canadian-listed oil and gas exploration company with properties located in the U.S. In addition to its promising oil fields, the company sits atop 40,000 acres of property (approximately 62 sections) with potential natural gas reserves of 3 Bcf per section. And without difficult shale formations, the gas is much cheaper to extract.

As a result, Stealth Energy is poised to benefit from the policy changes and pricing effects of shale gas exploration while maintaining a higher profit margin and significant reserves. The massive reserves held in shale formations will likely encourage energy independence policies, while the expensive process of drilling these shale formations may force a rise in prices.

Tags: CNQ:SLH, NYSE:UPL, NYSE:XOM
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EcoloCap Solutions (ECOS) Announces Partnership Agreement with Gazprom Marketing and Trading

Tuesday, January 26th, 2010

EcoloCap Solutions (ECOS), whose M-Fuel could replace traditional oil-based fuels produced by companies like Exxon Mobil Corporation (XOM) and whose CNT-Batteries could provide a better alternative than those produced by Advanced Battery Technologies (ABAT), announced a ground-breaking Partnership Agreement with Gazprom Marketing and Trading for the development of Clean Development Mechanism (CDM) projects in Asia.

EcoloCap Solutions Inc. (ECOS) today announced that its wholly-owned subsidiary EcoloCap Canada Ltd, has signed a partnership agreement with Gazprom Marketing and Trading, for the development of CDM Projects in Asia.

In a first transaction resulting from this agreement, Gazprom Marketing and Trading and EcoloCap Canada Ltd. have entered into a contract for the purchase of Carbon Credits (CER of nine renewable projects in Vietnam that is estimated to generate 500,000 CERs yearly). At the present world market price, the transaction represents a yearly value of some 8,500,000 US.

Dr Tri Vu Truong, President and CEO of EcoloCap Canada stated: “We are very proud to be associated with Gazprom Marketing and Trading, a wholly-owned subsidiary of the Gazprom Group, the world largest gas producer. For the benefit of our customers this partnership will be a key element assuring the success for the development of their projects as Gazprom represents extensive international experience as well as unquestioned financial strength. In this perspective we are looking forward to developing an increasing number of others projects to be materialized in the near future.”

Michael Siegel, President and CEO of EcoloCap Solutions Inc. stated: “Dr Truong is a worldwide respected expert in the environmental field and we consider ourselves privileged to have him on our team. This agreement with a world leading company is proof of the credibility he has in the market. We are looking forward to working with Dr Truong on our M-Fuel projects where our clients can benefit greatly from the generation of Carbon Credits through the use of M-Fuel. ”

About The Company: EcoloCap Solutions Inc. (OTC.BB:ECOS – News) and its subsidiaries Micro Bubble Technologies Inc. (“MBT”), K-MBT Inc. of Seoul Korea and EcoloCap Solutions Canada Inc. of Montreal, are an integrated network of environmentally focused technology companies that mainly utilize nanotechnology to develop efficient alternative energy solutions. Their portfolio of products and services include MBT’s Carbon Nano Tube (CNT) and Lithium X rechargeable batteries that surpass the performance of batteries in the market today, MBT’s M-Fuel, a breakthrough suspension fuel for diesel and heavy oil applications that greatly reduces cost and the emission of harmful gases, and EcoloCap Solutions Canada Inc. which offers Carbon Credit UN Certification and trading services. For additional information, please visit the EcoloCap website, http://www.EcoloCap.com.

Tags: NASDAQ:ABAT, NYSE:XOM, OTC:ECOS
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