News - September 28. Natural Gas Demand and Hyd
Post# of 114
Posted On: 09/28/2016 10:30:03 AM
News - September 28.
Natural Gas Demand and Hydrogen Production Technologies May Be Bright Spot for Energy Sector Stocks as Sales Increase
Natural Gas Demand and Hydrogen Production Technologies May Be Bright Spot for Energy Sector Stocks as Sales Increase
Coral Springs, FL -- September 28, 2016 -- InvestorsHub NewsWire -- As certain segments of the energy sector struggles of late, the alternative energy industry continues to make a push towards mainstream in the economy around the globe as more and more switch to renewable energy systems.
Xfuels Inc. (OTC: XFLS) is pleased to report on Area 2 Energy progress. Xfuels is pleased to announce that sales are projected to be up by 200%, for the 6 months ending October 2016. Due to Xfuels investment into production and rising commodity prices, according to October AECO futures, sales are anticipated to be 200% higher than purchase in May.
Read the full XFLS Press Release at: http://financialnewsmedia.com/profiles/xfls.html
Mr. Michael McLaren states Now that commodity prices have increased to a reasonable level our focused goal is to get the field producing at a rate of 2500 GJ/day by the end of November 2016. He further stated, Our near term target is to have the field producing 3100 GJ/day by the end of the year going into January and February where futures are expected to top $3.00/GJ. The company continues to work on the 4 ton/day Gas to Liquids (GTL) pilot plant and reports progress is going forward on schedule. Once completed the plant will add another $2,500.00 per day in sales of the liquids to the project with minimal effect on the overall gas production. Once installed and proven Xfuels will begin expanding the project to 10 tons per day.
Natural Gas Demand and Hydrogen Production Technologies May Be Bright Spot for Energy Sector Stocks as Sales Increase
Natural Gas Demand and Hydrogen Production Technologies May Be Bright Spot for Energy Sector Stocks as Sales Increase
Coral Springs, FL -- September 28, 2016 -- InvestorsHub NewsWire -- As certain segments of the energy sector struggles of late, the alternative energy industry continues to make a push towards mainstream in the economy around the globe as more and more switch to renewable energy systems.
Xfuels Inc. (OTC: XFLS) is pleased to report on Area 2 Energy progress. Xfuels is pleased to announce that sales are projected to be up by 200%, for the 6 months ending October 2016. Due to Xfuels investment into production and rising commodity prices, according to October AECO futures, sales are anticipated to be 200% higher than purchase in May.
Read the full XFLS Press Release at: http://financialnewsmedia.com/profiles/xfls.html
Mr. Michael McLaren states Now that commodity prices have increased to a reasonable level our focused goal is to get the field producing at a rate of 2500 GJ/day by the end of November 2016. He further stated, Our near term target is to have the field producing 3100 GJ/day by the end of the year going into January and February where futures are expected to top $3.00/GJ. The company continues to work on the 4 ton/day Gas to Liquids (GTL) pilot plant and reports progress is going forward on schedule. Once completed the plant will add another $2,500.00 per day in sales of the liquids to the project with minimal effect on the overall gas production. Once installed and proven Xfuels will begin expanding the project to 10 tons per day.
(0)
(0)Xfuels Inc. (XFLS) Stock Research Links
"Per Ardua Ad Astra" - "Through Adversity To The Stars"
A very apposite motto for those who trade successfully in the OTC market..
All posts are my opinion - trade at your own risk.
A very apposite motto for those who trade successfully in the OTC market..
All posts are my opinion - trade at your own risk.
Scroll down for more posts ▼