PetroSun and Town of Gilbert, Arizona Reach Agreement on Algae-to-Biofuels Wastewater Pilot Program
19 Junho 2009 - 9:30AM
Marketwired
PetroSun, Inc. (PINKSHEETS: PSUD) announced today that PetroSun
BioFuels and the Town of Gilbert, Arizona have executed an
agreement to commence an algae-to-biofuels wastewater pilot program
at the Neely Wastewater Reclamation Facility. The plant is operated
by Severn Trent Services.
The purpose of the program is to evaluate the feasibility of the
utilization of wastewater as a source of nutrients and water for
the cultivation of algae and its subsequent processing into
feedstock for the production of biodiesel and other products. The
Town of Gilbert will be offered all biodiesel produced from this
pilot program at the actual cost of production and processing
during the term of the program.
"The Town of Gilbert has a stated interest in expanding the
sources for renewable and sustainable energy for the benefit of its
citizens," stated Gordon LeBlanc, Jr., PetroSun CEO. "This
wastewater pilot program is an important step in the
commercialization of the algae industry."
About PetroSun
PetroSun, Inc. is a diversified energy company with technology
and operations in oil, natural gas and helium exploration,
development and production, commercialization of algae-to-biofuels,
microbial enhanced oil recovery and oilfield pipe and supply.
For more information about PetroSun visit the company's website
at www.petrosuninc.com.
Except historical matters contained herein, matters discussed in
this news release are forward-looking statements and are made
pursuant to the safe harbor provision of the Private Securities
Litigation Reform Act of 1995. These forward-looking statements
reflect assumptions and involve risks and uncertainties, which may
affect the Company's business and prospects and cause actual
results to differ materially from these forward-looking
statements.
Contact: Investor Relations PetroSun, Inc. Email Contact
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