Toronto; 17 February 2011: Phoenix Canada Oil Company Limited (TSXV: PCO & OTC BB: PHXCF) announces the expansion of the Canadian Government-funded research on its proprietary, sustainable synthetic liquid hydrocarbon fuel, or “Synfuel,” technology. Atmospheric carbon capture is a further primary system function. Designed to produce “Synthetic Hydrocarbon Fuel from Captured Carbon Dioxide,” the Synfuel technology is the low pollution alternative to conventional transportation fuels, as jet fuel, automotive gasoline, and diesel-powered trucks, railcars, and shipping vessels. The Phoenix research at the University of Ottawa is directed by Dr. F.H. Tezel, Vice Dean of Engineering Research, recognized as a leading research scientist in cutting-edge alternative energy technologies.
The research focuses on the production flowsheet design, which includes an innovative Reverse Water Gas Shift (RWGS) reactor, the central component of the system to generate Low Carbon Hydrocarbon Fuel (LCHF) which is compounded from diverse hydrogen and carbon sources. The carbon content will largely devive from the captured carbon dioxide output of coal-fired utilities. LCHF is chemically identifical to conventional crude oil-based fuels. The carbon dioxide is converted to carbon monoxide for compounding with hydrogen which is currently largely derived from the steam reformation of natural gas. Carbon dioxide emissions from North American coal-fired power plants now total more than 2 billion tons annually, with each ton containing about 660 pounds of capturable carbon.
Don Moore, Phoenix CEO, comments that “with world oil consumption now about 87-million barrels per day, each billion barrel oil discovery covers less than 12 days of current world oil demand. We may realistically question how often the industry reports billion barrel oil discoveries. Logically, the replacement of conventional liquid hydrocarbon fuels by the Phoenix Synfuel alternative may be essential for the survival of our civilization, we we know it.”
About Phoenix: With exclusive of its Synfuel technology, Phoenix has filed for U.S. and international provisional patents covering the compounding of hydrogen with captured carbon emissions. The hydrogen and carbon components of Phoenix Synfuel derive from widely available sources. The Synfuel equivalent of liquid transportation fuels, ranging from light-end jet fuel and kerosene, to mid-range gasoline, and through heavy-end diesel oil products, all can employ the long-established distribution infrastructure. The technology can also play a central role in advancing economic Carbon Capture and Storage/Sequestration (CCS) systems that can now be upgraded by the environmentally benign Phoenix Carbon Capture and Recycling (CCR) program. Phoenix also plans for a leading role in the future “Hydrogen Economy” through control of proprietary technology covering the light-powered generation of lower cost hydrogen gas from an ordinary water feedstock.
For further information — Contact: S. Donald Moore: President & CEO
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