Oxford Catalysts Share Discussion Threads

[arf dysg] 18/6/2013 16:06

Of course, I'm insanely jealous that he bought his shares for 140p which is less than I paid.

[arf dysg] 18/6/2013 16:02

17,758 shares at 140p each

cost: GBP 24,861.20
sales tax (0.5%): GBP 124.30
commission: GBP 14.50
total: GBP 25,000.00

He was ripped off on the commission. Even my broker charges less than that.

[cestnous] 18/6/2013 15:51

She must have whispered something stimulating in hubby's ear.

[gac141] 18/6/2013 15:14

Director Sandy buying in is a good sign for things to come.

[sammy_smith] 18/6/2013 08:44

Watch Oxford Catalyts Group present at Oilbarrel conference

Click below to watch
hxxp://www.brrmedia.co.uk/event/112414/roy-lipski-ceo

[wes1] 18/6/2013 06:34

Article in Speciality Chemicals Magazine -

Most of the recent progress in the commercialisation of new concepts in modular and micro technologies has been made in the oil and gas sector, in response to demand for on-site small-scale production capacity in off-shore oil fields and for shale gas plays. Technologies for mini- or micro-scale gas-to-liquid (GTL) production are now being commercialised for the processing of associated gas from off- and on- shore oil fields and are also close to being used for the treatment of biomass.

GTL production is based on the Fischer-Tropsch (FT) synthesis of syngas, which was first discovered in Germany over 80 years ago. Two UK start-up companies have pioneered its miniaturisation. Compact GTL is concentrating exclusively on oil and gas sector, whilst Oxford Catalysts is also active in the biomass-to-liquids (BTL) segment and markets its technology as a means for producing both fuels and chemicals.

Last September Oxford Catalysts reached a deal with Calumet Specialty Product Partners of the US. Under this, its technology will be used at a 1,000 barrels/day multi-module GTL plant to produce high-grade paraffinic hydrocarbons for making food standard waxes, cosmetics and lubricants.

The modules will be made by Ventech Engineers International, one of the longest established designers and manufacturers of modular systems, in Pasadena, Texas. Ventech has a manufacturing and design alliance with Oxford Catalysts' US subsidiary Velocys of Plain City, Ohio, which designed the microreactors for its parent firm's catalysts.

Last year, Oxford Catalysts' micro-FT technology was also selected for a $30 million project in London to process biomass, mainly municipal waste, into aviation fuel for British Airways. The company reckons that the big appeal of the technology is its high productivity.

The system's microchannels, explains business development director Neville Hargreave, are filled with FT catalyst and water coolant. They dissipate heat more quickly than conventional reactors, so, with the help of highly reactive catalysts like those of Oxford Catalysts, reactions can occur at rates ten to 1,000 times faster than in conventional systems. "When it comes to monetising unconventional hydrocarbon resources, bigger, it seems, may not always be better," he says.

Full article here -

www.specchemonline.com/articles/view/a-new-module-for-chemicals#.Ub_pmZVwaYk

[indiestu] 14/6/2013 16:34

What a great group of polite and educated contributors. Nice to know there's some truly patient and informed investors here who will be sharing in the fortunes of this company over the coming years. Have a great weekend everyone.

[gac141] 14/6/2013 10:06

Thanks Piadda-Very accurate set of events and discussions. I was pleased to hear more about RA and his influences and interests. They all seemed very self assured.Although 10 is the official number of engineering studies Roy did sort of allude to a number more; but what I like about OCG management is they play down rather than ramp up. A sign of a professional outfit!

[haydock] 14/6/2013 09:19

Many thanks Piadda, much appreciated;

Used a few snippets re problems of first uptake & legislation making a difference on QFI 3i bb.

All the same problems, long term, but mega scale.

[cestnous] 14/6/2013 08:44

Excellent contribution piadda. Many thanks.

[wes1] 14/6/2013 08:04

Thankyou very much for your post piadda, much appreciated

[piadda] 14/6/2013 00:00

These are my brief notes from the AGM. I apologise for any mistakes as it is hard to listen and take notes at the same time. The biscuits were again high quality. The board were friendly and informative and I thank the other investors for their good company at the pub afterwards.

The recent fund raising was done at a good price (£1.25). Mr Abramovich owns huge coal reserves in Russia and made his investment after viewing the underground coal gasification technology of Link Energy.

We are aiming at the smaller end of the market (< 15,000 bpd). Shell's pearl plant processes 130,000 barrels per day and cost a fortune. (Andrew Jamieson was heavily involved in its construction).

The market opportunities are:

Offshore. Anti-flaring legislation is being introduced. The alternative is re-injection of the gas. This involves investment in large compressors that give no return. Our alternative of GTL on a FSPO gives high returns. The diesel can be recombined into the oil produced from the well.

Stranded/Flared reserves. North Dakota currently has a heat signature greater than New York due to flaring. There will be increased pressure to use the gas rather than contributing to global warming.

Shale Gas. Currently prices are so low that many companies have stopped further drilling. Our technology allows the price received to be upgraded from $4 to $28 dollars.

We are currently being held back by the extreme conservatism in the oil industry. Smaller independents are willing to try new technology (e.g. fracking) but can't afford the $100-$150m for a plant.

We have sold plant to Ventech but they have not sold any onwards yet. They have 10 parties (two of whom have been announced) involved in engineering design studies. Many others have viewed the demonstration plant in Ohio. No-one has yet committed to a full order yet.

There is a full supplier chain in place and ready to go. The suppliers could double their capacity every year if necessary. We are prepared to be flexible in commercial terms to establish the first couple of working plants. It is believed that once they are established there will be a flood of further orders. "Everyone wants to be third".

After an order, depending on the size and configuration, it will be 18 to 24 months to full production.

We have much better technology than CompactGTL and are currently disputing their patents. They have not announced any orders but have qualified for the Petrobas tender process. Other very small companies have made announcements but none have better technology. It is an indication of the profits to be made that many start-ups are trying to enter the market.

The fact that LNG has been around since the 1930s but the technology is only just maturing shows the long life cycles in this industry.

Floating LNG is only possible at a much larger scale. The infrastructure is just too expensive for small installations. 4.5 tcf of gas would be necessary to justify the cost (3 tcf if plant is on land). The beauty of our plant is that the output can use the same infrastructure as the crude oil.

The quality of our product is very high. Diesel from the Pearl plant is used to upgrade normal diesel to produce the super auto fuels seen on garage forecourts. Only 10% GTL upgrades the whole of the diesel to a better price.

Our SMR technology is particularly tuned to offshore operation as it needs no oxygen input. No plans currently exist to produce an onshore version although this remains a possibility in the future.

We are very limited in what we can say about our Petrobas demonstration in Brazil. It is run by Petrobas in conjunction with our Japanese partners. It will go at their pace but we hope we will qualify by the end of the year. They insist on 2 bidders for every contract so we are lucky that CompactGTL are involved. It will lead on to a full feed study and Petrobas could go with 1 or both suppliers. Petrobas already have a substantial working relationship with our partner MODEC.

We see the offshore market as a medium size and medium term opportunity. Onshore is a bigger size and most likely to see early adoption. The most likely first customers are likely to be processing shale gas in North America or flaring in Russia / Caspian area. Many of our clients have visited the Petrobas demonstration.

Pierre Jungels is on the board of Baker Hughes which has 20% of the fracking in the USA. They see it as very long term and are currently curtailing wells as there is too much gas. Many chemical plants are being repatriated to the USA because of the cheap feedstock. Australia, Argentina and USA (and others) have huge reserves. Our advantage is the small nature of our plants. We can go wherever gas is cheap or diesel is expensive. There will always be opportunities somewhere in the world.

An interesting aside is that the UK is unlikely to develop its shale gas reserves in the same way as the USA. The landowners get the payout in the USA. Ranchers are positively delighted to see wells all over their land. In the UK the people 'suffering' the wells don't get the rewards.

No commitment was made to order timescales as these are not in OCG's control. An ambition (not an expectation) would be an order in the next 6 to 12 months. They would be disappointed if this did not happen. It is important to note that we get upfront income from the licence fee immediately on order and more in stages as the plant is built.

We would reach profitability with 3 orders per year initially. Less would be need in future years because of on-going catalyst sales. No plans currently exist for future capital raising as the recent issue has given us a strong balance sheet.

My own feeling was confidence in the direction of the company. However I am not expecting profitability soon. The first genuine customer order will be the turning point. This is a good but long term investment.

[phsycho] 13/6/2013 20:15

A very good point Indiestu, a major recurring rev but one of many, and fund managers loooove recurring revs.

[indiestu] 13/6/2013 19:51

Thanks Haydock. What a great presentation. The future income from replacement catalysts is mind boggling. With every new order signed it's going to be a doddle to calculate forward earnings for years to come. These are serious partners capable of ramping up manufacturing and installation in a short time frame when traction is gained. Yes there's going to be competition but it looks to me like OCG are ready to gain an early foothold and massive market share.

[haydock] 13/6/2013 18:56

hxxp://www.oxfordcatalysts.com/press/egs/OCG%20Oil%20Barrel%20June13%20FINAL%20rfs.pdf

[cestnous] 13/6/2013 15:21

Big market and the Russians have been pushing for flaring to be stopped - even if most firms who go there get rooked.

[gac141] 13/6/2013 14:22

Thanks Wes

Off the real OCG website....

Smaller scale GTL: flare reduction in remote locations

Associated gas – gas produced along with oil – is a potentially valuable resource that is often disposed of by the environmentally damaging practice of flaring because there is no practical and economical method available to transport the gas to market.

In a talk titled Smaller scale GTL: maximising value from associated gas, to be given on Tuesday, 18 June 2013 at a workshop in Moscow, Russia, Neville Hargreaves, Business Development Director Oxford Catalysts Group, will outline the benefits of the Group's smaller scale gas-to-liquids (GTL) plants. The technology, which is based on the use of microchannel Fischer-Tropsch (FT) reactors, provides an economical and efficient way of reducing flaring while capturing the value of associated gas.

The presentation will form part of a session entitled Flare Elimination in Remote Locations, which takes place between 14:30 – 15:30 during a one-day workshop entitled Exploring ways to increase utilization of associated petroleum gas. The workshop is one of a series organised by the European Bank for Reconstruction and Development (EBRD) and the Global Gas Flaring Reduction partnership (GGFR) in former Soviet republics to examine ways to reduce flaring and to support the development of sustainable business practices in the region's oil and gas sectors.

Neville Hargreaves, Business Development Director, Oxford Catalysts Group said:

"As the world's largest producer of flared gas, Russia has significant potential to use smaller scale GTL solutions to reduce its carbon dioxide emissions from flaring and to monetise associated gas. As well as reducing flaring, our modular GTL technology provides a practical way to unlock constrained oil production and to increase revenues and reserves using existing transport infrastructure. It can also be used to produce diesel for local demand."

Russia Hmmmmm

[wes1] 12/6/2013 20:49

be careful when looking for OCG - since the weekend there has been an iffy page - I have told OCG and they are taking steps to have it removed - they think it may have been setup to gather information

The correct url is oxfordcatalysts.com NOT oxfordcatalyst.com

keep em peeled!

[arf dysg] 12/6/2013 16:28

Anyone been to the AGM?

Was anything interesting said?

[arf dysg] 12/6/2013 14:47

"1/ any feedstock (except radioactive material)"


I'm pleased to say that that doesn't restrict us very much :)

[haydock] 12/6/2013 09:55

Roy Lipski, CEO, presenting at Oilbarrel Conference

Oxford Catalysts Group PLC (OCG.L), the smaller scale Gas-to-Liquids (GTL) technology innovator, is pleased to announce that Roy Lipski, CEO, will be presenting at the upcoming Oilbarrel Conference on Thursday 13(th) June.

[wes1] 12/6/2013 07:25

Here is a list of competitors for production of aviation biofuels
www.alturl.com/da6vu

The Solena/OCG advantages are
1/ any feedstock (except radioactive material) can be gasified
2/ Superior catalyst
3/ Will be profitable without any subsidy
4/ all partners are independently approved (by Fluor) as "best of breed"

[gac141] 09/6/2013 11:59

From the Solena Website- "What is the Potential for BioFuels in Aviation"

While the aviation market represents only 7% of the petroleum supply chain, it has several unique attributes that make it attractive for biofuel use. First, the likelihood of jets using a fuel source other than a high energy dense, liquid fuel is remote. Planes simply don't have the luxury of going hybrid or some other alternative energy source. Second, airlines are large institutional buyers of fuel and have the ability to contract directly with us for the purchase of the fuel. These two attributes mean airlines are willing and able to sign large contracts with fuel producers - Solena's with BA is valued at ~$500MM over ten years. The overall market potential is several hundred billion dollars per year.

Plenty more to come from OCG in this space...

[wes1] 09/6/2013 08:40

Thanks phsycho,


from OCG site 3/July/2012 -
"In addition, Solena has entered into an understanding with the Oxford Catalysts Group to supply microchannel FT units for Solena's future BTL projects with airlines and shipping companies. These projects include GreenSky California, GreenSky Rome and Greensky Stockholm."