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Company Name Genoil Inc.

 Address 101- 6 Ave. SW
Ste 650
Calgary, AB T2P 3P4
Canada
Email ir@genoil.net Phone 1-403-750-3450
Website www.genoil.net Fax N/A


 
Business Information

The group's principal activity is oil upgrading. It is an international technology development company based in Alberta, Canada, with technologies in hydrogen addition upgrading and oil water separation. The Genoil Hydro conversion Up grader, also known as GHU, converts heavy hydrocarbon feeds into lighter synthetic crude. The synthetic product is high in yields of middle distillates, with reduced levels of contaminants such as sulphur, nitrogen and metals. Refiners can benefit from using a GHU as an integral part of a bottom of the barrel management strategy, low value heavy fractions and refinery residues are hydro processed to increase yields and profits from high quality transportation fuels. The company's suite of oil water separation technologies includes the Maxis 3-phase separator and Crystal 2-phase water-polishing unit. The versatile Maxis can be placed directly at a wellhead to remove 85%-95% of free water A Maxis separator will increase facility fluids handling capacity, improve oil recovery and optimize existing equipment performance extending the facility's economical life. The Crystal 2-Phase's compact design, high effluent purity and low operating costs make it an ideal separator for use in a variety of industries, including: steel mills, power plants, aboard ships and any other process applications where hydrocarbons must be separated from water. Several units are in operation, with clients including the US Navy. http://www.rigzone.com/search/sites/Oil_upgrading_and_refining5524.asp

Executive Information
Name Title Email
David LifschultzChmn., CEO N/A
David KippenCFO N/A
James RunyanCOO, Exec. VP N/A
John NobleVP - Global Sales, Marketing N/A
Peter ChungVP - Engineering N/A

 
Financial Information  ( All figures in $ '000 )
Year Sales Net Income
2005 N/A(9,353)
2004 116(7,585)

 
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