HTC News

 

 Sept. 24, 2008

University of Regina, St. Francis Xavier University and HTC Purenergy Collaborating to Combat Global Warming

Regina, Saskatchewan, September 24, 2008 – Canadian universities, researchers and industry partners are continuing to lead the world in finding safe solutions to combat global warming.

The University of Regina, St. Francis Xavier University (“StFX”), and HTC Purenergy (“HTC”) have signed a memorandum of understanding to introduce innovative "measurement - monitoring - verification" (“MMV”) technologies developed by StFX’s Dr. David Risk in Antigonish, Nova Scotia, at carbon capture and sequestration (“CCS”) projects around the world. Existing CO 2 EOR projects in South Eastern Saskatchewan, such as the International Energy Agency GHG Weyburn-Midale CO 2 Monitoring & Storage Project, would be good candidates for the demonstration and commercialization of this technology.

"If we are going to sequester greenhouse gas emissions - gases such as CO 2 - deep underground we must make absolutely sure that those gases remain there. These new MMV technologies offer cost effective, robust and low maintenance means of ensuring this," says Lionel Kambeitz, CEO of HTC, a publicly-traded energy technology company headquartered in Regina. "We look forward to working with Dr. Risk and his colleagues from StFX's Environmental Sciences Research Centre to see these ground-breaking MMV analytical tools deployed at CCS projects around the world.”

At StFX, Andrew Kendall of the Industry Liaison Office says they see HTC and the University of Regina as ideal partners in this research. Proving these surface-based CO 2 monitoring technologies at CCS sites is made even more significant through the involvement of scientists at the University of Regina, a recognized world leader in the research and development of CCS technology, he says.

University of Regina Industry Liaison Director, Ian Bailey, predicts big returns for the commercialization of the university's leading-edge research, and sees partnering with StFX and Dr. Risk as another way to help combat global climate concerns.

Dr. Malcolm Wilson, also from the University of Regina, was a contributing member of the Intergovernmental Panel on Climate Change which was awarded a Nobel Prize for the environment in 2007. Dr. Wilson regards the new MMV technologies developed by Dr. Risk as a major advancement in the continuing efforts to demonstrate the safety of CO 2 sequestration by improving the performance of MMV tools and coincidently reducing cost.

 For more information contact:

Jeff Allison,                                                                                                                                         
HTC Purenergy                                                                      
Telephone: (306) 352-6132                                                    
Fax:           (306) 545-3262                                                    
E-mail: jallison@htcenergy.com                                                 
 
HTC Purenergy corporate developments can be followed on www.htcenergy.com and is traded under the symbol HTC