PR NewswireUS Fuel Corporation
19 hours ago
WASHINGTON, Jan. 16, 2014 /PRNewswire/ -- US Fuel Corporation (OTC Pink: USFF) ("USFF" or the "Company"), a company focused exclusively on the production of synthetic fuels, announced that Mr. Craig Conner has been engaged as Senior Energy Consultant. "Mr Conner provides a significant energy, development and financing background that greatly adds to our team's strength as we move forward on the development and technology selection fronts. In addition to Conner's experience in the energy arena, we look for his guidance as we move the company forward to achieve our financing requirements," says the Company's CEO Harry Bagot.
Craig Conner is an accomplished business development executive with more than 20 years' industry experience in energy, fuels, project development, and engineering. Mr. Conner has a BS in mechanical engineering and is an expert team leader with a proven record of executing large-scale, technically sophisticated initiatives from conception to completion. He recently served as vice president of a large Gas to Liquids plant development business in Ohio to convert the region's new shale gas into value added products. Mr. Conner has also been a general manager and director of business development for a major utility company.
USFF's goal is to build, own and operate facilities which convert hydrocarbons into non-petroleum based alternative fuels, such as diesel, gasoline and aviation (jet fuel) and other valuable products. Taking a fresh and practical approach to production and distribution, using the best new technologies, and leveraging existing infrastructure, the Company plans to use America's most abundant resources to economically produce manageable quantities of high quality fuel close to end use. These fuels, which can be used exactly like petroleum derived fuels, deliver better performance, dramatic across-the-board reductions in all major criteria pollutants such as SOx, NOx, particulate matter (PM), and hydrocarbon (HC) emissions, and can be delivered through the existing distribution infrastructure with no changes to equipment, pipelines, storage tanks, or retail stations.
Safe Harbor Statement
This news release may contain "forward-looking" statements. These forward-looking statements are only predictions and are subject to certain risks, uncertainties and assumptions that could cause actual results to differ from those in the forward looking-statements. Potential risks and uncertainties include such factors as uncertainty of consumer demand for the Company's products, as well as additional risks and uncertainties that may be outside of the Company's control. Actual results may differ materially from the forward-looking statements in this press release. Statements made herein are as of the date of this press release and should not be relied upon as of any subsequent date. The Company does not undertake, and it specifically disclaims, any obligation to update any forward-looking statements to reflect occurrences, developments, events or circumstances after the date of such statement.
Contact:
Fred Frisco
856-753-1046finance.yahoo.com/news/...oints-craig-conner-sr-130000647.html
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