Well Power, Inc.’s (WPWR) MRU Technology Positioned to Curb Unwanted Gas Flaring
Through a strategic licensing agreement, Well Power has the rights to Texas, along with the first right of refusal on the other U.S. states, to a new technology solution designed to process waste natural gas into “clean power” and engineered fuels. Each day, roughly 2.4 million barrels of oil equivalent is wasted by gas flaring alone, resulting in billions of lost revenue and churning out 400 million metric tons of CO2 equivalent global greenhouse gas emissions each year. Environmental degradation associated with gas flaring has been shown to have a significant impact on local populations, often resulting in loss of…