Geotec Now

Geotec, a company perspective

Our Mission

Geotec is a green energy resource company. Geotec uses patented, proprietary technology to maximize energy yield from the company’s diverse inventory of hydrocarbons. Geotec's energy technology program is about innovation, efficiency, and renewal of natural resources and fossil fuels. The development of Geotec's energy properties will enhance shareholder value through the sale of energy, energy services and energy technology.

Corporate Overview

Geotec has an alliance based purpose in it's corporate direction. Geotec desires to associate with companies with a synergistic corporate purpose and technology base. The objective is to assemble a group of companies, such as Richcorp, Inc with technologies that can provide Geotec with a "Green Perspective" in that these companies each fill a need in an environmentally friendly manner.

Clean coal technology and  coal gasification are paramount to the revenue base that Geotec sees as it's future. The gasification through ultra-high temperature plasma-arc heat conversion to gas, the non-leachable vitrification of the contaminants in the coal, will provide a means of acquiring an extreme excess of Carbon, sulfur and nitrogen oxide credits that are in high demand by companies that produce more than their allotted amount of these contaminants into the air per the Clean Air Act of 1990. They must purchase the excess credits from companies that have lower emissions of these contaminants or can produce uses for materials containing these contaminants that would be emitted into the air by industry members that cannot comply to these new standards.