SOURCE: Universal Media Corporation
FORT WORTH, TX--(Marketwire - Sep 27, 2012) - UMED Holdings, Inc. (PINKSHEETS: UMED), a Texas corporation, will commercialize, market, and deploy its patent-pending portable gas-to-liquid-fuel ("GTLF") conversion technology ("the Technology").
The Technology is based upon the proven Fischer-Tropsch ("FT") synthesis process employed in various locations throughout the world since the 1920s. The Company's advances in the Technology meet several urgent needs in the marketplace for a low-cost, mobile system that can produce a superior quality synfuel (diesel and jet fuel).
In "stranded" natural gas fields that lack pipeline infrastructure to get the product to market, or where the gas is being vented or flared, our mobile/portable GTLF units will provide the revenue producing alternative that is now lacking for the owners of the gas. Once the gas fields are depleted, our mobile GTLF units, constructed on trailers, can be moved to other stranded gas fields or directly connected to a pipeline with minimal or no environmental impact.
Kevin Bentley, CEO of UMED, said, "Our GTLF conversion process will involve a more precise process involving heat transfer, mass transfer, and resident time during the GTLF conversion allowing for the production of a cleaner, sulfur-free synthetic diesel and jet fuel at a current minimum design rate of approximately 1000 barrels per day. Our Technology with proprietary catalyst has been shown to be multiple times more efficient than the traditional large-volume FT conversion stationary plants, with greater net throughput of natural gas feedstock."
Once operational, the Company's conversion units are expected to lead the way in producing portable GTLF systems in the world.
About UMED Holdings, Inc.
UMED Holdings, Inc. (UMED), located in Fort Worth, Texas, is a holding company, with interests in energy, agricultural operations, precious metals exploration, software, and aircraft maintenance. Visit http://umedholdings.com/ to learn more.
Forward Looking Statements
This document contains forward-looking statements and information as that term is defined in the Private Securities Litigation Reform Act of 1995, and, therefore, is subject to certain risks and uncertainties. There can be no assurance that the actual results, business conditions, business developments, losses and contingencies and local and foreign factors will not differ materially from those suggested in the forward looking statements as a result of various factors, including market conditions, competition, advances in technology and other factors.