March 3, 2016 - 11:39 AM EST
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ME Resource Corp to Test its Wellhead Micro Refinery Technology for Converting Stranded Gas to Clean Power in Alberta - Video News Alert on InvestmentPitch.com

Vancouver, British Columbia--(Newsfile Corp. - March 3, 2016) - ME Resource Corp. (CSE: MEC) (OTC Pink: MEEXF), in an agreement with Carson Petroleum, will use Carson's collective interest in the Sylvan Lake Lands to test its mobile refinery unit. ME Resource Corp intends to acquire a portfolio of properties through project acquisitions, joint ventures and alliances where it can apply its exclusive Wellhead Micro Refinery Technology to economically transform wasted or stranded Natural Gas to Engineered Fuels or Clean Power.

InvestmentPitch.com has produced a "video news alert" which provides a brief overview of the company. If this link is not enabled, please visit www.InvestmentPitch.com and enter "ME Resource" in the search box.


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Carson's Sylvan Lake Lands in Alberta are located just off Queen Elizabeth Highway with easy access to Red Dear, Calgary and Edmonton. Carson will provide and operate the Test Well and ME Resource will construct and move its proprietary Gas to Liquid Conversion Skid System, on to the well site for installation and testing.

Todd L Wunderly, COO of Carson, stated: "We are very interested in the MRU Technology because we have several "stranded wells" which we are unable to economically put into production because of i) the cost to install a pipeline and ii) the processing costs. This technology could significantly increase the value right at the wellhead."

The World Bank estimates that over 150 billion cubic meters of natural gas are being flared and vented annually, with approximately 40% of the world's natural gas reserves classified as stranded gas.

Chand Jagpal, President of MEC, added: "We have been evaluating a number of candidates to jointly develop a demonstration field unit. We needed a Demonstration Host to act as an industry partner who would provide a live test location as well as equipment and support for a field test of the MRU. Carson's Sylvan Lake property is an "ideal candidate" for our test. We have a number of other industry partners who have committed financial support and expertise with the demonstration and our development process is well underway."

The company has been selected by Evok Innovations as one of five finalists for the Cleantech Pitch Session at the GLOBE 2016 Innovation Expo, and will highlight its technology to a panel of experts on March 3, 2016 at the Vancouver Convention Centre. Submissions were evaluated based on the applicability and value of the technology to the oil and gas industry

For more information please visit the company's website www.meresourcecorp.com, or contact Chand Jagpal, President, at 604-893-7033 or email info@meresourcecorp.com.

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Source: Newsfile Corp. (March 3, 2016 - 11:39 AM EST)

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