OPPORTUNITY
TerraGenix can be best described as: An above ground oil well that does not decline.
TerraGenix
Biofuel (renewable Diesel = ultra-low sulfur No. 2 Diesel)
100 – Ton TerraGenix clean energy plant will produce, in perpetuity, up to 500 barrels a day depending on feedstock.
(avg. price per barrel for the past 12 months)
$66.78
Traditional Oil Well
Crude oil wells producing 100 barrels a day are rare. Average wells, after the typical decline, are producing 15 to 30 barrels a day. (Exxon Mobil)
(avg. price barrel for past 12 months)
$51.72