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ENCS Encore Energy Systems Inc (CE)

0.000001
0.00 (0.00%)
17 Jun 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Encore Energy Systems Inc (CE) USOTC:ENCS OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.000001 0.00 01:00:00

Encore Energy Systems & Zenergy International Enter Into Partnership to Significantly Increase Biofuels Presence

26/02/2009 2:30pm

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Encore Energy Systems (CE) (USOTC:ENCS)
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From Jun 2019 to Jun 2024

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Encore Energy Systems (PINKSHEETS: ENCS) announced today it entered into an agreement with Zenergy International, Inc. to provide biofuel plant management services, biofuel feedstock allocation and purchasing, and market development services to assist in significantly increasing the company's biofuels presence. The agreement will provide mission critical management and provisioning services to the Company's biofuel production facilities and associated feedstock infrastructure.

Zenergy International, Inc. was formed in 2006 by industry veteran, Robert Luiten. Robert brings a vast amount of experience to our team having spent many years at the world's third largest chemical company. As the COO of an INEOS Phenol division with revenues of more than $1 billion, Robert was instrumental in building new manufacturing facilities, expanding existing ones as well as refurbishing idled plants and returning them to peak operating performance. He was also responsible for identifying acquisitions and bringing them on line. Robert has spent years cultivating relationships with the major players in the refinery industry, including BP, Shell, Valero, Exxon Mobil and Citgo.

"We see enormous opportunity in assisting Encore Energy with managing its biofuel production facilities and biofuel distribution efforts. Encore's acquisition and growth strategy are both excellent and we look forward to a strong year," stated Robert Luiten, CEO of Zenergy International, Inc.

The Company intends to aggressively penetrate the biofuels sector and sees this relationship enhancing our ability to emerge as the industry leader.

The Company will update stockholders on the following:

--  New acquisitions of existing bio-diesel plants and associated fuel
    sales and distribution facilities.

--  Published financial reports on the combined entities no later than 1
    March 2009.  Guidance on 2008 performance to be released before financial
    reports.

--  Financial projections regarding both revenues and asset growth through
    the company's planned acquisitions.

--  New agreements for the sales and distribution of biofuel feedstocks,
    and joint ventures with existing biofuel facilities operating under-
    capacity.

--  Details on the Company's Combined Heat and Power generation programs
    (CHP).

--  Partnerships and Executive Management agreements for the Company's
    business development and marketing programs.

--  New web sites, corporate image, and published business plans.
    

About Zenergy International, Inc.

Zenergy International, Inc. endeavors to deliver biofuels at a competitive price, focusing on sustainable resources, safe practices, and compliance with all environmental laws, striving to minimize overall environmental impact. For more information visit www.ZenergyInternationalInc.com

About Encore Energy and BioConversions

ENCS is an international aggregator bio-diesel reactor technology, fuel distribution, production systems and fuel production facilities.

The Company also owns the patents for the use of grey-water, and domestic water in heat exchanger systems. They also provide all forms of conventional geothermal heat exchange systems. See our video at http://www.encoreenergyinc.com. The Company licenses its patented technology to other energy-related businesses.

Safe-Harbor Statement

This press release contains statements (such as projections regarding future performance) that are forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those projected as a result of certain risks and uncertainties. The company's web site version of this press release contains various RISK FACTORS (and are incorporated herein by reference) and should be read before any investment decision.

Investor Relations Contact: Encore Energy Systems, Inc. Email Contact Ph: (662) 253-5766

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