SOURCE: Industrial Info Resources

Industrial Info Resources

August 26, 2013 06:30 ET

Water-Free Process Could Revolutionize Extraction of Crude Oil From Oil Sands, an Industrial Info News Alert

DENVER, CO--(Marketwired - Aug 26, 2013) - Written by John Egan for Industrial Info Resources (Sugar Land, Texas) -- American Sands Energy Corporation (OTCBB:AMSE) (Salt Lake City, Utah) is "a mining company that wants to produce oil," William Gibbs, chairman and chief executive, told investment analysts at an Oil & Gas conference this month in Denver. The company is unusual in another respect: it claims it can produce heavy crude oil from oil sands without using water and with a minimal environmental impact.

Other companies featured: Chevron (NYSE:CVX)

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