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Geotec Thermal Generators, Inc. Signs Joint Venture Agreement With New Energy Co., LLC to Treat 2000 Coal Bed Methane Gas Wells.

Publication: Business Wire
Publication Date: 06-FEB-03
Format: Online - approximately 609 words
Delivery: Immediate Online Access

Article Excerpt
Business Editors

BOCA RATON, Fla.--(BUSINESS WIRE)--Feb. 6, 2003

Geotec Thermal Generators Inc. (OTCBB:GETC) announces a Joint Venture with New Energy Co., LLC, "NEC" a Wyoming Company. Under the agreement Geotec will utilize its technology to treat 2000 Coal Bed Methane wells over the next four years. NEC has under contract and owns over 70,000 acres of Coal Bed Methane leases in Sheridan County, Wyoming in the coal rich Powder River Basin, one of the areas of highest concentrations of coal reserves in the U.S. NEC has estimates of recoverable reserves...

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