WEST BERLIN, NJ--Global Resource Corp., a developer of a patent-pending microwave technology and machinery for extracting oil and gases, announced today that it has signed a research agreement with Professor Dinesh Agrawal of Pennsylvania State University, a nationally recognized authority of microwave technology, to conduct research on the commercialization of its patent-pending microwave
technology to extract hydrocarbons from oil shale.
Dinesh Agrawal is professor of materials science and director of the Microwave Processing and Engineering Center at Penn State.
Chairman Frank Pringle of General Resource Corp. said, "We are looking forward to working with Professor Agrawal and Penn State on proving the commercial viability of microwave technology for extracting hydrocarbons from oil shale in a cost-effective and emissions-free process."
"Unlike the existing technologies for extracting energy from oil shale," Pringle added, "microwave technology uses less energy and is, therefore, more efficient. Also, due to the vacuum process, there are no CO or CO2 emissions."
In a report released on July 17, the U.S. Department of Energy profiled Global Resource and its microwave technology for oil shale recovery as a company that could possibly help to make the U.S. energy independent.
Global Resource Corp.
www.globalresourcecorp.com
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