Blue Ensign Technologies

Blue Ensign Technologies

Blue Ensign Technologies Limited (asx|BLE) is an Australian oil shale company developing the Julia Creek oil shale project through its subsidiary Queensland Shale Oil Limited. It is an owner of the intellectual property of the Rendall Process, a patented hydrogen donor solvent process of oil shale extraction. JSG-A LP (John Rendall's family) owns 42.6% of shares and Colonial First State Investments owns 24.3%.

Julia Creek Project

Queensland Shale Oil Limited holds a tenement of convert|93|km2|sqmi near Julia Creek in Queensland. At the first stage, a pilot shale oil plant with processing capacity one tonne of oil shale per hour will be built at Townsville, Queensland. At the second stage, an oil shale mine and commercial scale shale oil plant with processing capacity of 600 tonnes per hour to be developed at Julia Creek. At the third stage, a full scale commercial shale oil plant with capacity of 2,000 tonnes per hour will be developed.Cite paper
title=Investment Profile: Blue Ensign Technology Ltd. Oil Shale production and technology development
publisher=Martin Place Securities Pty Ltd
date=2008-02-18
url=http://www.martinplacesecurities.com.au/Publications/2008/Blue%20Ensign%20Company%20Informational%2020%20Feb%2008.pdf
format=PDF
accessdate=2008-08-18
]

Rendal Process

In the Rendall Process, oil shale is mixed with a petroleum-based liquid fuel. The mixture is heated to convert|450|°C|°F|-1 with pressure of ~600 PSI in a closed chamber before it's fed into a second unit for hydrogenation of kerogen in a hydrogen donor solvent. Shale gas vapors are captured to produce hydrogen for the processing unit and to generate heat and power.cite news
publisher = Bloomberg
title = Solv-Ex Chief Who Scammed Investors Says He's Outsmarted Exxon
Joe Carroll
url= http://www.bloomberg.com/apps/news?pid=conewsstory&refer=conews&tkr=BLE%3AAU&sid=aeErcB1MesiU
date = 2007-11-15
accessdate=2008-08-18
] Cite news
title=New technology raises oil shale hopes in Qld
author=Rick Wikinson
publisher=Petroleum News
date=2006-05-29
url=http://www.blueensigntech.com.au/06.05.29%20EnergyReview.net.htm
accessdate=2008-08-18
]

References

External links

* [http://www.blueensigntech.com.au/ Company website]


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