American Energy Partners Inc (AEPT)

[docrew0]

Re: Cobal Chile S.A

Cobal Chile S.A. outline with relevant links:
Here is a partner that has a detailed history and expertise in waste management. They clearly have a history in containment liners. They've published their involvement with WTWO W2 Energy and they've independently acknowledged the deal; "The agreement [with W2 Energy] has just been signed. Source Cobal Chile S.A. It's pretty much in the bag.
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The terms for this deal were published here:
"W2 Energy, as the technology partner, will retain 40% of the joint venture. W2 Energy will also receive a 2.5% royalty on synthetic diesel sales."
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W2 Energy Inc. Corporate Status Report: "On July 22, 2008 W2 Energy received a purchase order from Cobal Chile for US$12,900,000 the company will now issue and invoice with terms and conditions and accept a deposit of 20%, following the receipt of the deposit the company will begin the design of the 40-ton plant. Once the design plans are approved, the company will receive 50% of the plant cost and then 20% upon completion of the manufacturing stage. The company will receive the last 10% prior to shipping the product from W2 Energy."
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Quote from Cobal about W2 Energy: "It is great when a plan comes together, "says Jorge Reyes, Research and Development Director of Cobal Chile. "Waste-to-energy will form a big part of Cobal's future. We are thrilled to get started working on that future with W2 Energy. Things can only go up from here."
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Cobal Chile S.A outside verification of this deal was published in a Bnamerica. Here are a few more excerpts of the one at start of this post Interview with Jorge Reyes, Research and development director, Cobal Chile

Interviews Water & Waste / Perspectives

Jorge Reyes Research and development director/Cobal Chile
By Eva Medalla

The agreement [with W2 Energy] has just been signed. But we would rather not mention where the plants will be built, as we are still in negotiations for the acquisition of the land.

In this project, we are talking about solid waste, and in both cases [with W2 Energy] they are solid waste, but we do not use the solid waste as such. Instead, we obtain from the waste the materials needed.

But, for instance, these two plants to be built with W2 Energy will produce 200b/day of fuel and 20MWh of electricity. The focus of these plants will probably be more towards the production of electricity rather than fuels, aside from the fact that 200b of fuel is a lot. But 20MWh is a huge amount, and it will be easy to enter that energy into any interconnected system, no matter which country it is generated in.
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Short client profile:


Jorge Octavio Reyes Jiménez

Jorge Reyes is a well-seasoned developer of solid waste treatment plants and other projects needing protective containment liners. He has been involved in several ventures that pop up in google i.e. Inversiones Los Guindos, Ingenieria y Proyectos IGS Chile.S.A., ECOBAS, TECNOLOGIAS Y PROGRAMAS AMBIENTALES S.A., Novahol Santiago Norte, International Plasma Sales Group - IPSG and Cobal Chile S.A..

Cobal Chile S.A is a family owned company and Jorge Reyes works with his sons. They're what I would view as the ideal WTWO W2 Energy partner considering the containment work they specialize in and the regions they service. Chile, Argentina, Guatemala and the US.





Archived photos from www.igschile.cl
http : // web.archive.org/web/20020603101043/http : //www.igschile.cl/
Remove the spaces in the URL address, it wouldn’t post as a straight string. This archived link represents an older non-flash version of the website listed on Mercantil.com. Jorge Reyes's containment liner work is represented there.

Here is a publication about his containment liner business. Link IGS Chile, Ltda. PDF (See IGS president Jorge Reyes)
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Qualifications, associations and history links:

Google cobal.cl Make note of the phone number Chile fono:(56 2) 335 9324

Now do a Google search on ingenieria y proyectos igs chile limitada 3359324 Check the Mercantil.com link, who is the general manager? The phone number correlates with Cobal and Jorge Reyes.

Jorge Octavio Reyes Jiménez is the Cobal S.A. Directors full name.

Ficha del Proyecto:Modificación Relleno Sanitario Los Guindos Jorge Octavio Reyes Jiménez is doing the legal.

Declaracion de Impacto Ambiental (DIA) Who handled the Legal? Rep. Legal Jorge Octavio Reyes Jiménez

Seconstruye.com - Noticias had a snippet on the Cobal S.A. The pertinent paragraph is translated below.

"Recent

Contrary to what might be thought, by the magnitude of the investment, Cobal is a family company-owned by the sons of the director-which has nearly a year of operation. Moreover, this is not the only initiative that the company is developing, as abroad, where it has representative offices in Argentina, Guatemala and the United States, thinks realize that two other projects, according to Reyes, "are on the verge of starting "."

Associations:
International Plasma Sales Group - IPSG

Jorge Reyes mentioned in the following industry letters:
http://www.geomembrane.com/LinerLetter/05-22-02%20Liner%20Letter%20V2%20I10.PDF

http://www.geomembrane.com/LinerLetter/03-20-02%20Liner%20Letter%20V2%20I6.PDF

http://www.geosynthetica.net/news/Liner_letterVol4Iss1SP.pdf