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For Immediate Release 5 February, 2007
QuestAir to supply PSA to natural gas processing plant in California
VANCOUVER, B.C. – QuestAir Technologies Inc. (AIM: QAR; TSX: QAR) announced today that it will supply a M-3100 pressure swing adsorption (“PSA”) system to help a Los Angeles area gas processing plant meet the California Air Resources Board CNG specification for natural gas. The customer is a large independent oil producer in the Los Angeles Basin.
QuestAir’s M-3100 PSA system will be used to increase production capacity at the gas processing plant, allowing the customer to produce additional gas from several wells that are currently curtailed. QuestAir’s M-3100 will separate carbon dioxide, water, ethane, propane and heavier hydrocarbons from natural gas to meet the strict quality specifications of the gas customer, Southern California Gas Company. It is expected that the project will have a payback of 8-10 months.
“This application is a logical extension of QuestAir's M-3100 PSA to meet the specific requirements of gas processors in California,” said Jonathan Wilkinson, QuestAir’s President and CEO.
“Gas utilities and the California Air Resources Board are imposing strict new quality specifications on gas producers in California to increase the methane content of the natural gas within the state. QuestAir’s M-3100 offers gas producers a compact, cost effective solution to separate hydrocarbons and other constituents present in well-head gas in order to meet these demanding specifications,” Wilkinson said.
About the QuestAir M-3100
QuestAir’s M-3100 purifies methane-containing gas streams to high purity methane, removing contaminants such as CO2 and C2+ hydrocarbons. QuestAir’s PSA process and proprietary rotary valve technology deliver higher efficiency than conventional PSA systems in a more compact, cost-effective package. QuestAir’s M-3100 system can upgrade up to 9 million cubic feet of feed gas per day.
About QuestAir Technologies Inc.
QuestAir Technologies, Inc. is a developer and supplier of proprietary gas purification systems for several large international markets, including existing markets such as oil refining, biogas production and natural gas processing, and emerging markets such as fuel cell power plants and fuel cell vehicle refueling stations. QuestAir is based in Burnaby, British Columbia and its shares trade on the AIM Market of the London Stock Exchange Plc. and on the Toronto Stock Exchange under the symbol “QAR”.
Certain statements in this press release may constitute ‘‘forward-looking’’ statements which involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. When used in this press release, such statements use such words as “anticipate”, “believe”, “plan”, “estimate”, “expect”, “intend”, ‘‘may’’, ‘‘will’’ and other similar terminology. These statements reflect current expectations regarding future events and operating performance and speak only as of the date of this press release. Forward-looking statements involve significant risks and uncertainties, should not be read as guarantees of future performance or results, and will not necessarily be accurate indications of whether or not such results will be achieved. A number of factors could cause actual results to differ materially from the results discussed in the forward-looking statements.
For further information, please contact:
QuestAir Technologies Inc.
Andrew Hall
Director, Corporate Development
Phone: (001) 604-453-6967
Email: hall@questairinc.com
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UK media contact:
Charles Ryland
Ben Willey
Buchanan Communications
Phone: +44 (0) 20 7466 5000 |
Canadian media contact:
Glen Edwards
Karyo Communications
Phone: (001) 604-623-3007 |
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Canaccord Adams:
Mark Ashurst
Erin Needra
Phone: +44 207 050 6500 |
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