ExcerpT/Huge Licensing/E.P.A. Stuff/WPWR Well Power, Inc.3,770 5 hours ago Oil/Gas/Natural Energy Production Company name: Well Power, Inc. Company website: http://www.wellpowerinc.com
Thu, 26 Mar 2015 18:10:00 GMT ~ Well Power Inc. Appoints Professional Engineer, Oil & Gas Veteran to Board of Directors
[PR Newswire] - HOUSTON, TX, March 26, 2015 /PRNewswire/ - Well Power, Inc. (WPWR) ("Well Power" or the "Company") today announces the expansion of its board of directors with the addition of petroleum industry veteran, professional engineer, and entrepreneur Robert V. Shields.
Business Description: The Company has acquired an exclusive license from MEC, a Canadian publicly listed company that is creating mobile and scalable Wellhead Micro-Refinery Units (MRUs) deployable close to the wellhead to process raw natural gas into liquid fuels and clean power.
As a result of the License Agreement, the Company is now a development stage company seeking to commence the new business of distributing MRUs in the State of Texas and from there into other geographical areas.
The Company is looking to position itself as a technology company, which will provide oil and gas producers and operators a solution to process otherwise wasted natural gas, including stranded, shut-in, flared and vented gas and produce valued end-products including Engineered FuelTM (diesel, diluents, synthetic crude) and electrical power.Less >>