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NXFI Finalizes Licensing Agreement In China 05/03/12
NXFI Completes Equity Raise 04/25/12
CTG Technology Endorsed by Science Panel, 4/12/12
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Welcome to Next Fuel Inc
Next Fuel Inc (stock symbol NXFI) is a leading innovator and implementer of clean energy technologies. Its flagship biogenic coal-to-natural gas (BCTG) technology can sustainably produce clean fuel of natural gas from coal and other pollution-heavy carbonaceous deposits. In 2011, Next Fuel successfully implemented the BCTG technology in Indonesia and produced substantial amount of natural gas from lignite (brown coal) mine that had no previous gas production. This is the first successful demonstration in the world that produces real-time biogenic natural gas from virgin coal deposits. Working with its strategic partners and resource owners, Next Fuel has been commercializing the BCTG technology worldwide.
Since 2001, the Next Fuel technical team has been working with a consortium of world-class institutes, successfully developed the BCTG technology, and pioneered its field implementation. The patent-pending BCTG technology integrates biotech in conventional coal industry and produces the next generation of “green” fuel. It offers great potential in producing natural gas from otherwise gas-depleted coal, oil shale, and other organic-rich natural deposits. The BCTG technology is lab tested, field proven, and commercially ready. Its implementation can potentially generate over 100 MCF/day per production unit of natural gas for decades with minimum cost, offering significant financial and social economic benefits.
The business model of Next Fuel is open and inviting. Next Fuel is a technology company that serves the industry with advanced technologies and services. By establishing long-term strategic partnership with leading resource owners in coal, oil and gas, utility, oil shale, oil sand, and other energy-related industries, Next Fuel maintains its own competitive edge in technology implementation, and offers technical service to commercialize the BCTG technology. This business model will achieve and ensure a significant and mutually beneficial reward for both Next Fuel and its partners and clients.
Next Fuel also owns a portfolio of high-value IPs that help sustain its long term growth. For example, Next Fuel’s low-energy pervaporation (LPV) technology builds on a novel polymer material that can retain most dissolved solids while allowing water molecules to pass through. The LPV technology potentially offers a highly cost-effective technique to treating recalcitrant produced water (including fracturing backflow) from energy industry at <$0.3/barrel. Next Fuel’s carbon dioxide-to-product (CTP) technology biochemically consumes CO2 and forms value-added organic compounds, achieving the closure of carbon loop.
Next Fuel is a Nevada-registered company with a global vision. It currently operates from Wyoming, Colorado, and Beijing.
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