HOUSTON, Oct. 23 /PRNewswire-FirstCall/ -- SulphCo(R), Inc. (AMEX:SUF) (the "Company") announced today that testing will resume this week in Fujairah, United Arab Emirates on a variety of crude feedstocks. The Company also reported that it has completed the installation of a 15,000 bpd skid, been issued all necessary permits and reached agreement with its European partner authorizing the resumption of testing on October 29th.
Dr. Larry Ryan, CEO of SulphCo, provided an update of events since the September 6th investor conference call. "Our last round of testing in Fujairah had to be curtailed due to transportation issues unrelated to our process equipment, but we were nonetheless able to conduct limited test runs on a medium crude (32.9 API, 1.6% sulphur by content) employing our latest probe design. The results were significant; up to a 47% reduction in sulphur by content on successive test runs, as compared to 17% under the same test conditions utilizing the earlier Series II probe design." "In the days ahead, we look forward to the resumption of testing, both in Fujairah and Europe," said Dr. Ryan, "and in particular the ability at our European installation to conduct continuous runs of heavy crude at design flow rates under a full range of test conditions. Over time, we believe that this platform will enable us to accumulate the data necessary for process optimization for the heavy crude being testing." About SulphCo(R), Inc.
SulphCo(R) has developed a patented safe and economic process employing ultrasound technology to desulfurize and hydrogenate crude oil and other oil related products. The Company's technology is designed to upgrade sour heavy crude oils into sweeter, lighter crudes, producing more gallons of usable oil per barrel.
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.
Contact: Adam Mazur
Rubenstein PR
212-843-8073
Tim Clemensen
Rubenstein IR
212-843-9337
DATASOURCE: SulphCo, Inc.
CONTACT: Adam Mazur of Rubenstein PR, +1-212-843-8073, , or Tim Clemensen of Rubenstein IR, +1-212-843-9337, , both for SulphCo, Inc. |