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Delivering Innovation

Calvert Energy

Calvert Energy Group & Technologies was acquired by ENG on May 19, 2022 with a focus in GTL, H2S Separation, and CO2 Enhance Oil Recovery.

Our GTL process combines two OxEon processes. The first being OxEon Energy non-thermal gliding arch plasma system reformer. The reformer utilizes the gliding arc to create radicals, ions, and excited states (translational, vibrational, and electronic) within the vaporized fuel stream to promote breaking of chemical bonds for reforming aromatics and hydrocarbons. Using only 4kW per 100bbl, this unique technology provides acceptance of a wide range of inlet fuels, H2S tolerant and low power consumption. The second OxEon process improves the traditional Fischer-Tropsch reactor by using 4” reactor tubes with a proprietary reactor tube extrusion.   

ENG focus is on three standardize GTL plants 25BPD, 50BPD, and 100BPD all potential scalable to meet clients daily gas volumes. Manufacturing of GTL plants we be performed in our recently added 45,000SF production and assemble facility located in Brookshire, Texas.

GTL

ENG now holds the original Calvert/OxEon exclusive technology license rights in four continents. As an EPC contractor for more than 37 years combined with extensive fabrication services, ENG provides the struggling GTL world from concept to reality with the lowest capex to barrel cost and within the smallest installed footprint.

Designed for on & offshore applications, ENG-GTL provides the right solution for small to mid-scale applications to convert flare, biogas, land-fill, and methane gas into valuable Synthetic liquids such as diesel blend, syncrude, methanol and paraffins. This technology achievement has won the recognition of the Department of Energy USA, US Air Force and many of the top oil & gas companies in the world.

Calvert’s GTL process has been recognized by The World Bank’s “Global Gas Flaring Reduction Partnership” (GGFR) as one of the leading technologies in small scale GTL for flare gas recovery.

Flare, Waste, and Stranded Gas

Calvert designs and build their own systems in-house, using the latest membrane, ceramic & catalyzed reforming proprietary technologies, which are then coupled to our CNG Compression Stations, LPG distillation & LNG Liquefaction plants to optimize product mix.

Their systems are designed for purpose, modular, robust, reliable, require minimal maintenance, and ease of operations locally or remotely. Normal deployment and start-up at the Well pad/Site or Central Processing Facility can be achieved within 6-8 months.

Gas flaring, the process of burning-off associated gas from oil wells and hydrocarbon processing plants either as a means of disposal or as a safety measure, is today recognized as a major environmental problem, contributing some millions of tons of CO2 emissions worldwide. It also has major economic implications, with significant volumes of a valuable natural resource being wasted.

GTL Fabrication Facility

Gas flaring, the process of burning-off associated gas from oil wells and hydrocarbon processing plants either as a means of disposal or as a safety measure, is today recognized as a major environmental problem, contributing some millions of tons of Methane and CO2 emissions worldwide. It also has major economic implications, with significant volumes of a valuable natural resource being wasted. Today, ENG offers clients worldwide a cost-effective solution.

Kevin M. Palma

Director

Mr. Palma has served as a Director of the Company since June 2016, and is a member of the Audit and Compensation Committees.

Mr. Palma served as the Chief Financial Officer of B-29 Investments, LP, an energy private equity firm, from 2006 until he was promoted to Chief Operating Officer in December 2018, and also served as the Chief Financial Officer of B-29 Family Holdings, LLC, a family office, since its inception in 2014 until December 2018. In his role within the private equity space, Mr. Palma focuses on investment strategy, investment execution, and portfolio company management for both privately-held and publicly-traded companies.

Mr. Palma currently serves on several private company boards, including Silver Creek Oil and Gas, LLC, Caliber Completion Services, LLC, and Klear Bit Technologies, LLC. His past experiences on private company boards include Crest Pumping Technologies, LLC and TEC Holdings, LLC (which was recently rebranded as AXIS Energy Services, LLC).

Kevin M. Palma

Prior to his roles at B-29, Mr. Palma was a member of the energy investment banking team at Raymond James & Associates, focusing on capital market raises and merger and acquisition activity.

Mr. Palma is licensed as a Certified Public Accountant in the State of Texas, and holds a Master of Business Administration from the Harvard Business School in addition to a Bachelor of Business Administration and a Master of Public Administration from the University of Texas.

Committee Membership: Audit Committee, Compensation Committee

Kevin M. Palma

Director

Kevin M. Palma

Mr. Palma has served as a Director of the Company since June 2016, and is a member of the Audit and Compensation Committees.

Mr. Palma served as the Chief Financial Officer of B-29 Investments, LP, an energy private equity firm, from 2006 until he was promoted to Chief Operating Officer in December 2018, and also served as the Chief Financial Officer of B-29 Family Holdings, LLC, a family office, since its inception in 2014 until December 2018. In his role within the private equity space, Mr. Palma focuses on investment strategy, investment execution, and portfolio company management for both privately-held and publicly-traded companies.

Mr. Palma currently serves on several private company boards, including Silver Creek Oil and Gas, LLC, Caliber Completion Services, LLC, and Klear Bit Technologies, LLC. His past experiences on private company boards include Crest Pumping Technologies, LLC and TEC Holdings, LLC (which was recently rebranded as AXIS Energy Services, LLC).

Prior to his roles at B-29, Mr. Palma was a member of the energy investment banking team at Raymond James & Associates, focusing on capital market raises and merger and acquisition activity.

Mr. Palma is licensed as a Certified Public Accountant in the State of Texas, and holds a Master of Business Administration from the Harvard Business School in addition to a Bachelor of Business Administration and a Master of Public Administration from the University of Texas.

Committee Membership: Audit Committee, Compensation Committee