Greenman Technologies working with Cimarex Energy Co. to deliver outstanding fuel savings:
GreenMan Technologies' Subsidiary Commissions Dual Fuel Technology to Power Cimarex Energy Co. Oil & Gas Drilling Rig Site Using Pipeline Gas
By: Marketwire Jul. 27, 2011 09:00 AM
LYNNFIELD, MA -- (Marketwire) -- 07/27/11 -- GreenMan Technologies, Inc. (OTCQB: GMTI) (PINKSHEETS: GMTI) announced that its American Power Group, Inc. subsidiary ("APG") has converted and commissioned three Caterpillar 3512 diesel powered generators to run on a combination of pipeline natural gas and diesel fuel at a Cimarex Energy Co. ("Cimarex") Mid-Continent drilling site. APG utilized its new third generation S3000 Series Dual Fuel System which relies on its read-only CAN-bus Turbocharged Natural Gas? technology to seamlessly meter and control the dual fuel within all original OEM diesel engine performance parameters. During commissioning the generators achieved an average 50% displacement in diesel fuel, creating a significant fuel cost reduction as well as decreased emissions. The order was booked and managed through Cactus Drilling Company LLC ("Cactus").
APG's dual fuel system converts diesel engines and diesel generators to function more efficiently and at a lower operating cost (average net fuel cost savings of 20% - 35%) by seamlessly displacing up to 40%-60% of the normal diesel fuel consumption with either CNG, LNG, pipeline gas, well-head gas, or other qualified bio-methane gases. APG's system is non-invasive to the OEM engine and operates within all OEM performance controls with the flexibility to return to 100% diesel operation at any time. APG's dual fuel conversion and emissions reduction systems can help users achieve their sustainability goals through lower carbon monoxide, nitrogen oxide, and particulate matter emissions. In addition, the introduction of natural gas through APG's dual fuel system does not impact diesel engine power or torque and will assist in extending the engine's oil life as natural gas is a cleaner burning fuel compared to diesel.
Lyle Jensen, GreenMan's President and Chief Executive Officer, stated, "We are pleased to have worked with the Cimarex and Cactus field operations personnel on this initial conversion which was completed while the drilling rig was in full operation and was completed with minimal on-site work. The results have exceeded GreenMan's initial expectations and we look forward to additional opportunities to demonstrate how dramatically our dual fuel solution can positively impact the bottom line for oil and gas drillers."
About GreenMan Technologies
GreenMan's alternative energy subsidiary, American Power Group, Inc., provides a cost-effective patented dual fuel conversion technology for diesel engines and diesel generators. American Power Group's dual fuel technology is a unique non-invasive energy enhancement system that converts existing diesel engines into more efficient and environmentally friendly engines that have the flexibility to run on: (1) diesel fuel and compressed natural gas; (2) diesel fuel and liquid natural gas; (3) diesel fuel and well-head gas; and (4) diesel fuel and bio-methane, with the flexibility to return to 100% diesel fuel operation at any time. The proprietary technology seamlessly displaces 40% to 60% of the normal diesel fuel consumption and the energized fuel balance is maintained with a proprietary electronic controller system ensuring the engines operate at engine manufacturers' specified temperatures and pressures. Installation on a wide variety of engine models and end-market applications requires no engine modifications unlike the more expensive invasive alternative fuel systems in the market. See additional information at: www.greenman.biz. and www.americanpowergroupinc.com.
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