Stellar announces addition of Dr. Michael Tenhover to its Technical Advisory Board
HENDERSON, NV, Oct. 6, 2011 /PRNewswire/ - Stellar Resources Ltd., (OTCQB: SRRL), ("Stellar") is very pleased to announce the addition of Dr. Michael Tenhover to its Technical Advisory Board (TAB) effective October 5th 2011.
Dr. Michael Tenhover has 30 years of experience in the Oil and Gas industry. After receiving his PhD in Applied Physics from the California Institute of Technology in 1981, he joined Standard Oil of Ohio (SOHIO) as Senior Research Physicist. His initial work involved the Alaskan Pipeline, minerals separation and mining (Kennecott Mining Division), and heterogeneous ammoxidation catalysis (SOHIO Chemcial). Later SOHIO merged with BP (NYSE: BP) and Dr. Tenhover became the BP Chief Scientist for Advanced Materials. In 1999, Dr. Tenhover joined the Hosokawa Micron Corporation (Osaka, Japan) as the Chief Technology Officer (third highest position in the company). In this role, Dr. Tenhover was responsible for the 5 Global R&D centers (staff of 100) for Hosokawa and all new product development.
In 2003, Dr. Tenhover returned to the USA and currently resides in Oceanside, California. Dr. Tenhover has 36 issued US Patents, 3 invited review chapters for scientific books, has edited a major book on Advanced Materials, 89 publications in peer-reviewed scientific publications, and has given numerous invited scientific lectures at conferences and major universities around the world. Dr. Tenhover is a member of the American Physical Society (APS).
Dr. Tehnover commented, "I am a big fan of the technology (ZeroGap) and I think I will be able to contribute to Stellar in a number of ways with potential partners, financing opportunities, and of course technology."
ZeroGap stands for Zero Emission Refining Onsite with Gas Assisted Production. The ZeroGap technology is still in the research and development stage but shows significant promise based on existing proven technologies of hydrocracking and hydrotreating for upgrading and refining crude oil. ZeroGap is also an environmentally friendly technology with a small footprint and potential for near zero toxic emissions.
The key function of the TAB is to provide advice and input to the Stellar's executives on technology issues and opportunities relating to the oil and gas business.
The TAB's primary role will be to:
As a member of the TAB, Dr. Tenhover will work closely with executive staff. The TAB will advise the Company on all technical aspects of Stellar's exploration and technological development plans and programs as well as provide ongoing technical oversight to ensure that all programs implemented by management are conducted to the highest standards of management and environmental and regulatory compliance.
Stellar's President and CEO Mr. Ray Jeffered commented, "I am pleased to announce Dr. Michael Tenhover has accepted an appointment to our Technical Board of Advisors. I am confident his experience, interest and knowledge of oil and gas technologies will greatly assist the Company in commercializing ZeroGap, and other high impact technologies the Company intends to acquire and develop."
On behalf of the Board
FORWARD LOOKING STATEMENT
This press release contains statements, which may constitute 'forward-looking statements' within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-looking statements include fluctuation of operating results, the ability to compete successfully and the ability to complete before-mentioned transactions. The company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.
SOURCE Stellar Resources Ltd.
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