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ALTERNATE FUELS DEVELOPMENT.

The Oil and Gas Journal

| May 21, 2001 | COPYRIGHT 2003 PennWell Publishing Corp. (Hide copyright information)Copyright

OIL COMPANIES HAVE MARKED MILESTONES IN ALTERNATE FUELS DEVELOPMENT.

Southern Pacific Petroleum and Central Pacific Minerals have made their first shipment of shale oil products from the Stuart Project near Gladstone, Queensland.

More than 40,000 bbl of medium shale oil was exported May 9 from Australia bound for the Southeast Asia fuel oil market.

The shipment marked the first revenue from the project and followed a successful run of production in April when more than 35,000 bbl of oil was produced.

…

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