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In- Depth Research on Syntroleum Corp.

Publication: M2 Presswire
Publication Date: 28-FEB-07
Format: Online
Delivery: Immediate Online Access

Article Excerpt
M2 PRESSWIRE-28 February 2007-Oil and Gas News: In- Depth Research on Syntroleum Corp(C)1994-2007 M2 COMMUNICATIONS LTD

RDATE:28022007

In- Depth Research on Syntroleum Corp (NASDAQ:SYNM)

Syntroleum is looking for business synergies with energy companies. The company licenses its...

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...patented gas-to-liquids (GTL) process, which converts natural gas into synthetic crude oil by using air instead of pure oxygen. The liquids produced can be refined into fuels such as diesel and kerosene, as well as specialty products such as synthetic lubricants, waxes, and chemical feedstocks. Syntroleum is designing mobile plants for offshore areas. Licensees include Kerr-McGee, Marathon Oil, and Repsol YPF. In 2003 the company sold off its real estate assets, which had been an alternate source of revenue.

Shares were up 5% after announcing Sinopec, Syntroleum in Development Deal.

BellwetherReport.com is a leading online research firm...

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