SLPH - SulphCo Announces Latest Test Results - Newly Improved Reactor Shows Major Upgrade of California SJV Heavy Crude Oil
PR Newswire - September 27, 2004 07:00
SulphCo's Newly Improved 1,000 Barrel Per Day Reactor for Its Patented High-Powered Ultrasonic Desulfurization Process Upgrades San Joaquin Valley (SJV) Heavy Crude Oil (Increases API Gravity and Reduces Sulfur)
SPARKS, Nev., Sep 27, 2004 /PRNewswire-FirstCall via COMTEX/ -- SulphCo, Inc. (OTC Bulletin Board: SLPH), the world's leading developer and marketer of high-powered ultrasound technology and equipment for the petroleum industry, announced today that its newly designed 1,000 barrel per day reactor and ultrasound technology unit demonstrated significant results in increasing the API gravity and lowering sulfur content of San Joaquin heavy crude oil in SulphCo testing over the last several weeks. In laboratory testing of the San Joaquin heavy crude, SulphCo's new reactor improved the API gravity from 15 to 25 API gravity; reduced the sulfur percentage of the San Joaquin Valley heavy crude from 1.5 percent sulfur to 0.8 percent sulfur; and yielded a reduction of residual/asphaltenes (thick petroleum byproduct) by approximately 85 percent.
Results of this SulphCo testing indicate that much more useable oil can be produced from every barrel of crude oil processed. This could potentially lead to a significant increase in the volume of high value oil products produced (up to 16 gallons per barrel for SJV).
In making the announcement, Dr. Rudolf Gunnerman, SulphCo's Chairman, Founder and CEO said, "We are both encouraged and excited by the results of these in-house tests which further validate our commitment to bringing the most efficient and affordable desulfurization technology to oil refiners and producers worldwide. We believe our ultrasound technology can lead to large-scale usage of unused heavy crude oil in capped wells throughout the United States."
About SulphCo, Inc.
SulphCo's patented process employs ultrasound technology to desulfurize and upgrade crude oil and other oil related products. Unlike other sulfur removal technologies, SulphCo's process requires no pressure and low heat. SulphCo's technology is intended to assist refiners and producers of crude oils in upgrading the quality of their product prior to utilizing the product in a refinery.
From time to time, the company may issue forward-looking statements, which involve risks and uncertainties. This statement may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as actual results could differ and any forward-looking statements should be considered accordingly.
SOURCE SulphCo, Inc.
Rudolf Gunnerman of SulphCo, Inc., +1-775-829-1310
(SLPH)
Copyright (C) 2004 PR Newswire. All rights reserved.
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