Solanex Management, Inc. (SLNX.OB) Looks For Manufacturers
Solanex Management Inc. plans to contract with third parties to manufacture and assemble the company’s Steam Injection System, a unique advanced mobile steam generation process for use by the oil industry to extract trapped oil. The system provides a number of cost and operational benefits over any existing steam system, and is expected to be of special value for the liquefying of bitumen, a semi-solid form of oil that doesn’t flow at normal temperatures. Because the system requires a significant amount of capital to manufacture, Solanex will not maintain a standing inventory. Rather, each unit will be made to order,…