$WPWR Well Power, Inc. (WPWR) – Promoting Clean Energy Solutions WPWR
Well Power is seeking to engage the attention of oil and gas producing companies in its operations. To accomplish this, the company is employing a two-pronged approach: (1) it is aiming to educate them about the unique micro-refinery unit it is backing; and (2) it is working on creating partnership opportunities that make these companies allies.
Well Power already has a strong ally in ME Resources (“MEC”), the license holder developing an economical, mobile and scalable Micro-Refinery Unit (the “MRU”) to process raw natural gas into clean power and green fuel (diluents, drop-in diesel and pipeline quality synthetic crude). MEC’s proposed solution works in chorus; it concurrently reduces carbon dioxide (CO2) emissions while creating positive income streams from minimal capital spending.
The MRU has modular configuration flexibilities. The unit is scalable, mobile, cost-effective, energy efficient, high yield, single vessel, skid mounted, custom configured and being primed to turn wasted gas into clean power and engineered fuels (i.e. revenue). According to MEC’s designs, the MRU assembles proven industrial technologies with a proprietary micro-reactor system for hydrocarbon processing and catalytic reactions. A notably novel system, this process is also the key technology component that enables the unit to be easily transported and financially viable.
Designed to process raw natural gas flows of between 75 Mcf to 250 Mcf, the MRU first conditions then converts methane and condensates to Syngas (carbon monoxide and hydrogen). Following this step, a Fischer-Tropsch reaction occurs that produces power from the heat generated by exothermic reactions and combustion as well as green fuel.
In short, once the micro-refinery unit is developed, its advantages would be ample:
• Energy efficient
• High yield (C5+ > 50%)
• Improved safety
• Units > 100 MCFD
• Mobility advantages