Welcome!

News Feed Item

Oil Shale Producer Red Leaf Resources Announces New CEO

SALT LAKE CITY, UT -- (Marketwire) -- 11/19/12 -- As oil shale producer Red Leaf Resources moves from the technology development and R&D phase into full-scale production, it is pleased to announce their hiring of a CEO with vast natural resource development experience, Adolph Lechtenberger.

Lechtenberger has experience in all aspects of Red Leaf's business. He has worked in surface mining, refining and marketing of petroleum products, and was the new technology manager for the Colony oil shale project in the 1980s. He has overseen the full life-cycle of energy production and has helped several companies through growth periods that require strong leadership. Lechtenberger succeeds Jim Patten, who was part of the founding team at RLR and will serve as Vice President of Technology Development.

"I am very excited to join Red Leaf as they embark on commercializing the game changing EcoShale™ In-Capsule Process for oil shale," said Lechtenberger. "Because this technology addresses major environmental concerns of the past surrounding oil shale, the success of Red Leaf's first development project will prove that oil can be produced from oil shale in an efficient, cost-effective and environmentally responsible way."

Red Leaf has significant oil shale leaseholds located in the Uintah Basin of Utah. The company has already completed a successful test of its EcoShale™ In-Capsule Process. This patented 'ex-situ' technology is applicable to shallow oil shale formations that is first mined, then placed into large sealed capsules before undergoing a slow pyrolysis reaction to yield high quality hydrocarbons. The EcoShale™ process has a significantly reduced environmental footprint compared to operations for any other existing 'ex-situ' oil shale production technologies.

Earlier this year, Red Leaf announced a joint-venture partnership with the U.S. affiliate of Total SA, the 5th largest international integrated oil and gas company. Red Leaf and Total will soon commence a commercial demonstration of the EcoShale™ technology, intended to prove the economic and environmental attributes of the process. Thereafter, Red Leaf and Total intend to proceed with an advanced commercial scale project on jointly owned oil shale leaseholds that are estimated to contain several hundred million barrels of recoverable hydrocarbons.

About Oil Shale

Oil shale is a fine-grained sedimentary source rocks containing immature hydrocarbons in the form of kerogen. This kerogen can be matured through a chemical process involving external heating in absence of oxygen (pyrolysis).

First production of hydrocarbons from oil shale dates back to 1837 in France. The current worldwide production is less than 40 kb/d mainly located in Brazil, China and Estonia. Oil shale represents a huge potential of hydrocarbon resources amounting to several thousands of billions of barrels, mainly located in US, Brazil, China and Australia, but also in Jordan and Morocco and many other locations globally. The Green River Formation, which includes the Uintah Basin in the State of Utah, is probably the world's most prolific formation for oil shale with more than 2 trillion barrels of potential resources.

Contact:
Red Leaf Resources
Email Contact
801-557-3772

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

Latest Stories
DX World EXPO, LLC, a Lighthouse Point, Florida-based startup trade show producer and the creator of "DXWorldEXPO® - Digital Transformation Conference & Expo" has announced its executive management team. The team is headed by Levent Selamoglu, who has been named CEO. "Now is the time for a truly global DX event, to bring together the leading minds from the technology world in a conversation about Digital Transformation," he said in making the announcement.
"Space Monkey by Vivent Smart Home is a product that is a distributed cloud-based edge storage network. Vivent Smart Home, our parent company, is a smart home provider that places a lot of hard drives across homes in North America," explained JT Olds, Director of Engineering, and Brandon Crowfeather, Product Manager, at Vivint Smart Home, in this SYS-CON.tv interview at @ThingsExpo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
SYS-CON Events announced today that Conference Guru has been named “Media Sponsor” of the 22nd International Cloud Expo, which will take place on June 5-7, 2018, at the Javits Center in New York, NY. A valuable conference experience generates new contacts, sales leads, potential strategic partners and potential investors; helps gather competitive intelligence and even provides inspiration for new products and services. Conference Guru works with conference organizers to pass great deals to gre...
DevOps is under attack because developers don’t want to mess with infrastructure. They will happily own their code into production, but want to use platforms instead of raw automation. That’s changing the landscape that we understand as DevOps with both architecture concepts (CloudNative) and process redefinition (SRE). Rob Hirschfeld’s recent work in Kubernetes operations has led to the conclusion that containers and related platforms have changed the way we should be thinking about DevOps and...
The Internet of Things will challenge the status quo of how IT and development organizations operate. Or will it? Certainly the fog layer of IoT requires special insights about data ontology, security and transactional integrity. But the developmental challenges are the same: People, Process and Platform. In his session at @ThingsExpo, Craig Sproule, CEO of Metavine, demonstrated how to move beyond today's coding paradigm and shared the must-have mindsets for removing complexity from the develop...
In his Opening Keynote at 21st Cloud Expo, John Considine, General Manager of IBM Cloud Infrastructure, led attendees through the exciting evolution of the cloud. He looked at this major disruption from the perspective of technology, business models, and what this means for enterprises of all sizes. John Considine is General Manager of Cloud Infrastructure Services at IBM. In that role he is responsible for leading IBM’s public cloud infrastructure including strategy, development, and offering m...
The next XaaS is CICDaaS. Why? Because CICD saves developers a huge amount of time. CD is an especially great option for projects that require multiple and frequent contributions to be integrated. But… securing CICD best practices is an emerging, essential, yet little understood practice for DevOps teams and their Cloud Service Providers. The only way to get CICD to work in a highly secure environment takes collaboration, patience and persistence. Building CICD in the cloud requires rigorous ar...
Companies are harnessing data in ways we once associated with science fiction. Analysts have access to a plethora of visualization and reporting tools, but considering the vast amount of data businesses collect and limitations of CPUs, end users are forced to design their structures and systems with limitations. Until now. As the cloud toolkit to analyze data has evolved, GPUs have stepped in to massively parallel SQL, visualization and machine learning.
"Evatronix provides design services to companies that need to integrate the IoT technology in their products but they don't necessarily have the expertise, knowledge and design team to do so," explained Adam Morawiec, VP of Business Development at Evatronix, in this SYS-CON.tv interview at @ThingsExpo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
To get the most out of their data, successful companies are not focusing on queries and data lakes, they are actively integrating analytics into their operations with a data-first application development approach. Real-time adjustments to improve revenues, reduce costs, or mitigate risk rely on applications that minimize latency on a variety of data sources. In his session at @BigDataExpo, Jack Norris, Senior Vice President, Data and Applications at MapR Technologies, reviewed best practices to ...
Widespread fragmentation is stalling the growth of the IIoT and making it difficult for partners to work together. The number of software platforms, apps, hardware and connectivity standards is creating paralysis among businesses that are afraid of being locked into a solution. EdgeX Foundry is unifying the community around a common IoT edge framework and an ecosystem of interoperable components.
"ZeroStack is a startup in Silicon Valley. We're solving a very interesting problem around bringing public cloud convenience with private cloud control for enterprises and mid-size companies," explained Kamesh Pemmaraju, VP of Product Management at ZeroStack, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
Large industrial manufacturing organizations are adopting the agile principles of cloud software companies. The industrial manufacturing development process has not scaled over time. Now that design CAD teams are geographically distributed, centralizing their work is key. With large multi-gigabyte projects, outdated tools have stifled industrial team agility, time-to-market milestones, and impacted P&L stakeholders.
"Akvelon is a software development company and we also provide consultancy services to folks who are looking to scale or accelerate their engineering roadmaps," explained Jeremiah Mothersell, Marketing Manager at Akvelon, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
Enterprises are adopting Kubernetes to accelerate the development and the delivery of cloud-native applications. However, sharing a Kubernetes cluster between members of the same team can be challenging. And, sharing clusters across multiple teams is even harder. Kubernetes offers several constructs to help implement segmentation and isolation. However, these primitives can be complex to understand and apply. As a result, it’s becoming common for enterprises to end up with several clusters. Thi...