Earth Search Sciences Appoints New Chief Scientist
August 20th, 2008
BOSTON – August 20,2008 – Earth Search Sciences, Inc. [OTCBB:ESSE], a technology company focused on the development of domestic, inland oil resources, today announced the appointment of a key addition to its senior management team. Michael D. Lockhart has been appointed as Earth Search’s Chief Scientist.
As Chief Scientist, Lockhart is responsible for developing and implementing a comprehensive technology strategy for Earth Search (ESSI). Lockhart has developed more than 30 patentable technologies in various technology fields and has extensive experience running R&D projects for General Dynamics and several government agencies. Luis Lugo, CEO of ESSI, believes Lockhart’s expertise in environmental impact assessments will help ESSI in its efforts to develop technologies that contribute economically, without the environmental impacts normally associated with petrochemical resource development.
“In the end, the technologies and subsequent applications we develop will be subject to strict environmental scrutiny,” said Lugo. “We want to make sure ESSI leads the way in creating zero footprint standards and practices that serve as a benchmark for the industry as a whole.” Lugo said Lockhart’s appointment comes at a critical juncture as ESSI closes in its proof-of-concept gasification technology testing scheduled for the fall.
“Michael’s impressive technology background will make crucial contributions in helping to originate and direct R&D efforts for our patented gasification process and our patented ultraspectral remote sensing instruments”
“I have had the pleasure of working as a consultant on a key ESSI project for several months and am extremely excited to help advance the company’s technologies that have the potential to promote environmentally-sound domestic oil production and national security,” said Lockhart.
Lockhart has 28 years of experience as a senior analyst and research scientist in biosurveillance and information analysis, environmental engineering, synthetic organic and analytical chemistry fields, applied optical physics, and in the defense industry.
Lockhart has provided environmental and occupational health consulting services for many local, state, federal, and private agencies and industries” many of those services focused on environmental compliance and site analysis, environmental evaluations, indoor air quality assessments, and EPA and OSHA industrial training. Lockhart holds an M.A. in Chemistry from the University of Virginia.
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Earth Search Sciences Announces New Corporate HQ in Boston
July 31st, 2008
LAKESIDE, Mont., July 31 /PRNewswire-FirstCall/ — Earth Search Sciences, Inc., (OTC Bulletin Board: ESSE – News) a technology company focused on the development of domestic, inland oil resources, has announced it is relocating its corporate headquarters to Boston, Massachusetts. The move comes amidst a recent surge of company activity, including its appointment of Luis Lugo as CEO, acquisition of General Synfuels Inc. (GSI), and engagement of Industrial Systems, Inc. (ISI) to design, fabricate and install the components of its patented oil shale gasification technology for a full-scale test.
Boston’s immediate access to venture capital investors and key financial markets served among several motives for the move East.
“Boston’s world-class research and learning institutions, as well as its proximity to other corporate entities in the technology sector, make it the ideal hub for our corporate operations,” said Lugo of the move. “In addition, our need to quickly build a team, including professionals in the areas of finance, science, logistics and product development makes Boston ideal for Earth Search,” he added.
While Earth Search will domicile its corporation in Boston, it will maintain a local field office in Delta, Colorado where ISI is currently producing crucial test components for Earth Search’s full-scale test of its patented gasification process. Dr. Ronald McQueen, inventor of the gasification process, will oversee field operations.
“ISI is well underway in the process to test our new technology,” said Larry Vance, Chairman of Earth Search. “Delta’s proximity to vast oil shale reserves also makes it a perfect fit for our plans to conduct our first full-scale test in the very near future.”
About Earth Search Sciences – http://www.earthsearch.com
Earth Search Sciences, Inc.’s [OTCBB: ESSE] revolutionary hyperspectral technology provides the ability to accurately read the chemical properties of surface substances from great altitudes and produce easily interpreted maps allowing the user to identify specific minerals and substances on the surface of the earth by their diagnostic reflectance patterns. Ultimately, this remote sensing capability identifies a greater number of exploration targets quickly and economically, monitors the environmental situation, and improves the probability of finding anomalies. Older, more conventional methods would take decades to cover the same area, and at a much greater cost. Within the realm of exploration, remote sensing does not replace the need for geological knowledge, geochemistry, geophysics, seismic, drilling, etc, which are some of the more conventional tools used for exploration. The application of Earth Search’s patented and IP-protected hyperspectral technology cuts across the commercial, medical and military spectra.
About Petro Probe – http://www.petroprobe.com
Petro Probe, Inc. is a private petroleum company using advanced technology in the search for and production of hydrocarbon products. The company was formed in 2000 as a majority-owned subsidiary of Earth Search Sciences, Inc. (http://www.earthsearch.com), a public company listed on the OTCBB exchange under OTCBB:ESSE. Petro Probe’s mandate is to identify and develop hydrocarbon properties utilizing Earth Search Science’s exploration programs, including the use of a new patented method to recover oil and gas within oil shale, tar sands and heavy oil that positions the company to become a significant presence in the oil shale and heavy oil industry. The company has established a clear path to grow and develop Earth Search Sciences and Petro Probe in the oil shale, tar sands and heavy crude market segments.
This news release includes forward-looking statements that involve a number of risks and uncertainties. The information reflects numerous assumptions as to industry performance, general business and economic conditions, regulatory and legal requirements, taxes and other matters, many of which are beyond the control of the company. Similarly, this information assumes certain future business decisions that are subject to change. There can be no assurance that the results predicted here will be realized. Actual results may vary from those represented, and those variations may be material.
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Earth Search Sciences Initiates Full-Scale Field Test of Gasification Technology
July 29th, 2008
LAKESIDE, Mont., July 28 /PRNewswire-FirstCall/ — Earth Search Sciences, Inc., (OTC Bulletin Board: ESSE – News) has engaged Industrial Systems, Inc. (ISI) of Delta, Colorado, to design, fabricate and install the components for a full-scale test of its patented technology to recover hydrocarbons through an environmentally low impact gasification process.
“ISI brings to the table a great team of professionals who have demonstrated experience across the spectrum of oil, gas, chemicals, and mining industries,” said Luis F. Lugo, CEO of Earth Search. “We are confident their turnkey capabilities will enable a successful test of our ground-breaking technology to develop domestic energy resources.”
Lugo said ISI will be responsible for engineering a full-scale test and commercial prototype for key Earth Search Sciences subsidiary, Petro Probe, Inc., expected to start production within the next few months.
“We have been involved with oil shale since the 1980s and have seen a number of technologies come and go,” said Bob Isom, President of ISI. “We are optimistic this innovative technology represents a significant leap forward and are extremely pleased to be designing a system that will prove the technology’s feasibility in the field.”
Lugo said moving forward with the field test will provide engineering and production data to establish the basic economics that will drive the success of this technology on a commercial scale.
“Our timing could not be better,” said Lugo. “All variables favor our project and we expect to yield positive results in a matter of months, not years.”
About Earth Search Sciences — http://www.earthsearch.com
Earth Search Sciences, Inc.’s [OTCBB:ESSE] revolutionary hyperspectral technology provides the ability to accurately read the chemical properties of surface substances from great altitudes and produce easily interpreted maps allowing the user to identify specific minerals and substances on the surface of the earth by their diagnostic reflectance patterns. Ultimately, this remote sensing capability identifies a greater number of exploration targets quickly and economically, monitors the environmental situation, and improves the probability of finding anomalies. Older, more conventional methods would take decades to cover the same area, and at a much greater cost. Within the realm of exploration, remote sensing does not replace the need for geological knowledge, geochemistry, geophysics, seismic, drilling, etc, which are some of the more conventional tools used for exploration. The application of Earth Search’s patented and IP-protected hyperspectral technology cuts across the commercial, medical and military spectra.
About Petro Probe — http://www.petroprobe.com
Petro Probe, Inc. is a private petroleum company using advanced technology in the search for and production of hydrocarbon products. The company was formed in 2000 as a majority-owned subsidiary of Earth Search Sciences, Inc. (http://www.earthsearch.com), a public company listed on the OTCBB exchange under OTCBB:ESSE. Petro Probe’s mandate is to identify and develop hydrocarbon properties utilizing Earth Search Science’s exploration programs, including the use of a new patented method to recover oil and gas within oil shale, tar sands and heavy oil that positions the company to become a significant presence in the oil shale and heavy oil industry. The company has established a clear path to grow and develop Earth Search Sciences and Petro Probe in the oil shale, tar sands and heavy crude market segments.
About Industrial Systems
Colorado-based Industrial Systems, Inc. was founded in 1991 to provide customers turnkey construction services, major capital engineering, procurement, and management. The company owns a 42,000-square foot fabrication facility on 12 acres and provides expert in-house craft capabilities in electrical, mechanical, fabrication, erection, instrumentation, piping, and design and engineering.
This news release includes forward-looking statements that involve a number of risks and uncertainties. The information reflects numerous assumptions as to industry performance, general business and economic conditions, regulatory and legal requirements, taxes and other matters, many of which are beyond the control of the company. Similarly, this information assumes certain future business decisions that are subject to change. There can be no assurance that the results predicted here will be realized. Actual results may vary from those represented, and those variations may be material.
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