Art Agolli, CEO of Petrosonic Energy, Inc. " Our objective is to start up the heavy oil processing facility and commercialize the SonoprocessTM Technology within the 4th Quarter of 2012.  This is an important step for demonstrating the potential of our technology and returning value to our shareholders."

Petrosonic Energy, Inc. is building a facility with a leading Albanian oil company  to provide a 1,000 barrel of oil per day processing for the upgrading of heavy oil. This plant will be the first commercialization of the company's Sonic Reactor to provide energy and cost efficient heavy oil processing.

Once this application has been achieved the company plans to expand its capacity up to 5,000 barrels per day.

Short URL:

Share This Article

Facebook Twitter LinkedIn Google Buzz

Founder and Editor-in-Chief for NBTEquitiesResearch.com. Contributor and Anchor for the Fox News Channel and Fox Business Network 2000-2013. Chairman & CEO of NBT Group, Inc., a boutique private capital investment bank and investor relations organization.

Contact | Follow Tobin Smith on   Twitter | Facebook

.