Is this us. Its says commercial plant 25bbl/day, but the timing and the verbiage sound correct.
"Commercial Order Oxford Catalysts Group PLC, the leading technology innovator for synthetic oil production, is pleased to announce that it has received an order for its Fischer-Tropsch ('FT') product from a diversified energy company, following successful conclusion of negotiations announced on 15th December. The order is for a full scale FT unit (with a nominal capacity of over 25 bpd), to be delivered within two months. It will be installed and operated at one of the company’s existing facilities during the first part of 2012. The company intends to aggressively pursue production of synthetic oil through medium scale modular facilities located at their sites internationally. The operation of this initial FT unit will provide detailed engineering parameters for the first such synthetic fuels plant, the design of which is due to begin in the first half of the year."
LNC Price at posting:
$1.13 Sentiment: Hold Disclosure: Held
