Sensors & Systems - Earth Search Engaged in Negotiations to Acquire General Synfuels International

Earth Search Engaged in Negotiations to Acquire General Synfuels International

Details: Created on July 22, 2008

General Synfuels International, Inc. has been undertaking the research and development of a new method to recover the oil and gas carried within oil shale. After many years of testing, a patent was assigned to the company in 2006. The method of recovery of the hydrocarbons is based on an environmentally acceptable gasification process.

Earth Search's subsidiary company, Petro Probe, Inc., has been examining the process through a license and has completed due diligence to indicate the value of the process may exceed all expectations. For further information on Petro Probe's efforts, see http://www.petroprobe.com.

According to Larry F. Vance, chairman of Earth Search Sciences, the acquisition of General Synfuels International will position ESSI to attract the capital and partnerships necessary to build the planned test gasification facility.

"This acquisition augments Earth Search's strategic focus to use new technology in the environmentally-acceptable exploration, discovery and development of the Earth's economic resources," said Vance.

About Earth Search Sciences
Earth Search Sciences, Inc.'s (OTCBB:ESSE) revolutionary hyperspectral technology provides the ability to accurately read the chemical properties of surface substances from great altitudes and produce easily interpreted maps allowing the user to identify specific minerals and substances on the surface of the earth by their diagnostic reflectance patterns. Ultimately, this remote sensing capability identifies a greater number of exploration targets quickly and economically, monitors the environmental situation, and improves the probability of finding anomalies. Older, more conventional methods would take decades to cover the same area, and at a much greater cost. Within the realm of exploration, remote sensing does not replace the need for geological knowledge, geochemistry, geophysics, seismic, drilling, etc., which are some of the more conventional tools used for exploration.