Biogas Production Exceeds Expectations
Intrepid Technology and Resources, Inc. (IESV) announces that its biogas facility at the Whitesides dairy has achieved its production goal two months after starting up the plant. The flow of biogas significantly exceeds the 30 cubic feet per minute yield the company had predicted for the two-digester tank system.
This is a significant milestone in the company's business plan. Specifications for gas conditioning equipment, that will bring the Methane to pipeline quality, are now being established based on actual gas yields. Preparations are underway to begin using produced biogas as process heating for the digesters, eliminating the use of expensive natural gas. [ more ]
This penny stock has moved up over 50% in the last couple of days.
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