Well Power, Inc. (WPWR) Deploying Solution to a $10 Billion Issue

Emerging energy technologies company Well Power is seeking to address what is perhaps one of the most demanding global environmental issues today—gas flaring. Gas flaring refers to the process in which excess oil is removed from an oil well and burned. On a global scale, it is estimated that 150 billion cubic meters of natural gas are flared annually—a contribution of approximately 400 million metric tons of CO2-equivalent global greenhouse gas emissions. From an energy standpoint, the massive yearly amounts of produced waste natural gas represent around 5 percent of wasted global gas production, or in dollar value, $10 billion of lost revenue.

Well Power aims to tackle this sizable problem head-on through a proprietary technology solution that converts waste natural gas into clean power and engineered fuels (i.e., diluents, drop-in diesel, and pipeline-quality synthetic crude). The solution is called a micro-refinery unit (MRU), and it is composed of an assembly of proven commercial technologies with a proprietary micro-reactor system for hydrocarbon processing and catalytic reactions. With these components, the machine is able to process raw natural gas flows of between 75 Mcf to 250 Mcf, first conditioning and converting methane and condensates into Syngas (CO and hydrogen). A Fischer-Tropsch reaction then follows, for the production of Green Fuel™, and power that is produced from heat generated by exothermic reactions and combustion.

The MRU is said to be highly mobile and capable of being deployed with minimal capital expenditures. Working with the MRU license holder, Well Power has secured the licensing rights to Texas, as well as the first right of refusal on the other U.S. states. The company believes that notable gas flaring reduction can be achieved within a decade. Increasing energy resource availability while reducing environmental hazard outputs from gas flaring, in turn, could yield pronounced environmental and economic benefits for local communities, regional and national governments, and even the globe as a whole.

Well Power’s partnership enables the company to provide the MRU and a suite of service options to clientele in the upstream areas of exploration and production. These full-service options include:

• Engineering

• Design

• Construction

• Modular fabrication

• Maintenance

• Construction management

• Consulting services

• Process assessments

• Facility appraisals

• Feasibility studies

• Technology evaluations

• Project finance structuring and support

• Multi-client subscription services

In a market update issued in late February, Well Power noted that the number of flaring permits issued by Texas’ regulatory body for the oil and gas industry had significantly increased. In 2013, the regulatory body had issued 3,012 flaring permits, a 462 percent increase from its issuance of 651 flaring permits in 2011. The dramatic rise had been in tandem with a marked increase in drilling permits as well.

With this market opportunity, Well Power has been working toward building its client base in Texas, and will then focus on other states. With the powerful MRU available, the company looks to leave a pronounced mark on the energy and environmental challenges created by gas flaring.

For more information about Well Power, visit: www.wellpowerinc.com

About QualityStocks

QualityStocks is committed to connecting subscribers with companies that have huge potential to succeed in the short and long-term future. We offer several ways for investors to find, evaluate, and learn more about investing in these companies.

Sign up for “The QualityStocks Daily Newsletter” at www.QualityStocks.net

The Quality Stocks Daily Blog http://blog.qualitystocks.net

The Quality Stocks Daily Videos http://videocharts.qualitystocks.net

 The Quality Stocks “Ones to Watch” http://gotstocks.qualitystocks.net

Please see disclaimer on the QualityStocks website: http://disclaimer.qualitystocks.net