Micro Refining Unit (MRU) for Waste Gas to Clean Power Conversion

Patience Enterprises offers a patented Micro Refining Unit (MRU) technology designed to convert waste natural gas (methane and butane) from oil extraction into valuable clean fuels like oil, jet fuel, and diesel, as well as power and heat. This innovative, mobile solution addresses environmental concerns by reducing flaring and adding value to remote oil and gas operations. The company is seeking $1,000,000 USD in growth capital to relocate a working prototype to an Alberta, Canada oil well site for demonstration. This demonstration is crucial for securing the next level of funding ($20M) to bring the MRU into full production. The technology is highly scalable, with initial unit costs of $1,000,000 USD reducing to $600,000 USD per unit once production is established. Projected annual revenue from one unit is approximately $450,000 USD. The market potential is vast, targeting thousands of abandoned wells, facilities set for decommissioning, and pipeline segments across Canada and globally.