Bowerman Production
2008年1月3日 - 4:00PM
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Prometheus Energy Co
03 January 2008
Prometheus Energy Company
("Prometheus" or the "Company")
January 3, 2008
Bowerman LNG Plant Achieves Production Targets
Prometheus Energy Company announces today that its Landfill Gas ("LFG") to
Liquefied Natural Gas ("LNG") production facility located at the Frank R.
Bowerman Landfill in Irvine, California, has met and exceeded design capacity
targets. The plant is currently running at over 70 percent of the design
capacity of 5,000 gallons per day, and has exceeded design capacity for a
number of periods.
The Company restarted the facility on December 8, 2007 following a planned
outage to install certain new processing equipment to improve the drying and
cleaning of LFG to the stringent purity levels required for liquefaction. The
plant is operating consistently, with brief interruptions for continued tuning
of the control system and related mechanical and process adjustments. The plant
has produced LNG in 75% of all available production hours since re-start, and
has been in continuous production for up to 140 hours at a stretch. By the
weekend, approximately thirty thousand gallons of LNG will have been delivered
since mid December.
With continued tuning of the control system and refining of operational
procedures, the Company expects net LNG yields consistently to deliver design
capacity and is working through a planned programme to achieve that objective.
Kirt Montague, Prometheus' CEO, said: "We are delighted that the modifications
are complete and have had the desired effect. In just over three-weeks of
production since re-starting the facility, we have demonstrated the plant's
capability for both continuous production and design level output and we are
encouraged by the implications this has for the plant's ability to deliver
increased commercial volumes of LNG over 2008."
ENDS
This press release does not constitute an offer for the sale of securities in
the United States. Prometheus' securities are restricted under US securities
laws and may not be offered or sold in the United States absent a registration
statement or a valid exemption from registration.
For further information:
Prometheus Energy Company +1 206 267 0800
Kirt Montague (Chief Executive
Officer)
Jeff Spencer (Chief Financial Officer)
Jefferies International Limited +44 20 7029 8000
Charles Cameron
Oliver Griffiths
Cubitt Consulting +44 20 7367 5100
Simon Brocklebank- Fowler
Michael Henman
Allison Reid
Notes to Editors
Prometheus Energy Company is a public corporation with its shares traded on the
London Stock Exchange's AIM market. It is headquartered in Seattle, Washington.
Prometheus is a global alternative and renewable fuel company focused on the
idea of Enlightened EnergyTM, where sustainable and cleaner fuel in the form of
liquid natural gas (LNG) is made from waste sources of methane produced close to
where it will be used. The Company is an emerging leader in integrating
small-scale purification and liquefaction systems from sources including
landfill gas, stranded gas wells and coalbed/coalmine methane. For more
information concerning Prometheus please contact us at (206) 267-0800 or visit
www.Prometheus-Energy.com.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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