ME RESOURCE CORP.

ME Resource Corp. (”MEC”) is a publicly listed Canadian resource company focused on the acquisition, exploration and development of oil and gas resource properties in Canada and Internationally. MEC intends to acquire a portfolio of properties through project acquisitions, joint ventures and alliances where it can apply its exclusive Wellhead Micro Refinery Technology to economically transform wasted or stranded Natural Gas to Engineered Fuels or Clean Power.


THE PROBLEM WE'RE ADDRESSING

Oil and gas companies must deal with associated gas in order to produce oil. Because of the low economic value of the gas, companies consider it a waste and very often simply flare it. This leads to environmental and health consequences which in the long run are far more costly. MEC offers oil and gas companies an environmentally responsible technology that converts undervalued, harmful and wasted natural gas into valued engineered fuels and products on-site.
Huge Economic and Environmental Consequences
  • - The World Bank estimates that $50 billion dollars of Natural Gas is flared each year creating 400,000,000 tonnes CO2.
  • - Canada has been recognized as a major contributor to global flared emissions problem.
  • - Canadian Born Technology is capable of solving this issue.

Worldwide Flaring Creates Health Consequences

From a global perspective, flaring stacks are next to villages and towns causing health issues from emissions of volatile organic compounds. In these impoverished areas, wasted gas could be converted to much needed power; water/heat; and diesel, cooking or heating fuels.

Oil Companies need Power, Heat/Steam, and Diluent at Remote Sites

Oil and gas companies need power, steam, diluent, and heat on-site for oil production. As an example, diluent is shipped-in as a refined product to decrease the viscosity of heavy oil while diesel generators are used for power and in some cases for process heat or steam.

Regulatory Compliance and Lack of Gas Gathering Infrastructure
  • - Flaring Ban: Oil production creates associated gas that needs to be transported
  • - Shut In Oil: Need Gas Pipeline infrastructure to bring oil production on stream.

OUR SOLUTION - Mobile Refinery Unit

MEC has developed a Mobile Refinery Unit (MRU) that the oil and gas industry can employ to Enhance Oil Production and Reduce GHG Emissions. MEC offers oil and gas companies an environmentally responsible technology that converts undervalued, harmful and wasted natural gas into valued engineered fuels and products on-site.

Learn More About the Micro Refinery Unit

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