Business news network has an eight minute video on Petrobank THAI oil process.
Inject steam first to heat up the bitumen.
Then inject oxygen to ignite the bitumen like a charcoal briquet.
Proven oil technology must have 6-12 months of uninterrupted operation.
Ramping up its 100,000 barrel per day operation.
Almost 6 minutes of video on ET Energy’s electrothermal oilsand process.
ET Energy raising money for a 10,000 barrel per day pilot. Second quarter 2010.
Open ended upside in terms of size of the commercial scale projects.
$12000/barrel of oil per day
$10-12/operating cost per barrel
10% IRR for WTI $26/barrel
Wang is a prolific business-oriented writer of emerging and disruptive technologies. He is known for insightful articles that combine business and technical analysis that catches the attention of the general public and is also useful for those in the industries. He is the sole author and writer of nextbigfuture.com
, the top online science blog. He is also involved in angel investing and raising funds for breakthrough technology startup companies.
He gave the recent keynote presentation at Monte Jade event with a talk entitled the Future for You. He gave an annual update on molecular nanotechnology at Singularity University on nanotechnology, gave a TEDX talk on energy, and advises USC ASTE 527 (advanced space projects program). He has been interviewed for radio, professional organizations. podcasts and corporate events. He was recently interviewed by the radio program Steel on Steel on satellites and high altitude balloons that will track all movement in many parts of the USA.
He fundraises for various high impact technology companies and has worked in computer technology, insurance, healthcare and with corporate finance.
He has substantial familiarity with a broad range of breakthrough technologies like age reversal and antiaging, quantum computers, artificial intelligence, ocean tech, agtech, nuclear fission, advanced nuclear fission, space propulsion, satellites, imaging, molecular nanotechnology, biotechnology, medicine, blockchain, crypto and many other areas.