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Entropy Inc. Announces Multiple CCS Project Evaluation Engagements Totaling Approximately 1 Million Tonnes Per Annum, and Expands Executive Team and Board of Directors
Entropy Inc. Announces Multiple CCS Project Evaluation Engagements Totaling Approximately...
About this update from Advantage Energy Ltd
[{"type":"text","content":"\n \n \n \n Entropy Inc. Announces Multiple CCS Project Evaluation Engagements Totaling Approximately 1 Million Tonnes Per Annum, and Expands Executive Team and Board of Directors\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n (TSX: AAV)\n \n \n \n \n CALGARY, AB\n \n ,\n \n June 2, 2021\n \n /CNW/ - Entropy Inc. (\"Entropy\" or the \"Corporation\", a subsidiary of Advantage Energy Ltd.) is pleased to announce Memoranda of Understanding (\"MOUs\") with four separate emitting corporations to develop Carbon Capture and Storage (\"CCS\") projects totaling approximately 1 million tonnes per annum (\"TPA\"). These MOUs represent an important step in commercial deployment of Entropy technology, demonstrate versatility across a broad range of applications and jurisdictions, and provide visibility to a significant pipeline of growth opportunities.\n \n \n \n \n \n \n \n \n \n Additionally, Entropy is pleased to announce that\n \n Brent Allardyce\n \n and\n \n Jill Angevine\n \n will join the Entropy board as directors, and\n \n Rick Bower\n \n has been appointed to the Entropy executive team as Chief Technology Officer.\n \n \n \n \n Highlights of the Third-Party Industrial Emitter MOUs\n \n \n \n \n \n Athabasca Oil Corp. and Entropy have agreed to jointly evaluate the development of the first net-zero oil sands production by deploying Entropy CCS technology at Leismer,\n \n Alberta\n \n . The Leismer facility is expected to capture up to 520,000 TPA.\n \n \n Black Swan Energy Ltd. and Entropy have agreed to jointly evaluate the development of modular CCS at the Aiken Creek Processing Facility in\n \n British Columbia\n \n . The initial application will be modular, intended to capture approximately 9,000 TPA, with the end target of capturing up to 150,000 TPA.\n \n \n A\n \n Northeast British Columbia\n \n focused midstream company and Entropy have agreed to jointly evaluate the development of CCS projects at two separate gas processing plants in\n \n British Columbia\n \n . The projects have th...