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Investors / News Releases

Investors

Petrosonic Energy Inc.

News Releases

June 09, 2015
Oil and Gas Industry Veteran to Lead Petrosonic Technology Effort

Petrosonic reported today that Gerald Bruce will become the company's Chief Technology Officer (CTO) effective immediately. Mr. Bruce, who is a principal at GWB Consulting Inc. has been advising the company for several months regarding commercialization of Petrosonic's Sonoprocess technology in several segments of the oil and gas industry. Gerald Bruce is currently President of the Canadian Crude Quality Technical Association (CCQTA) and is past President of the Canadian Heavy Oil Association... (6 KB)
January 12, 2015
Petrosonic Energy, Inc. Receives Confirmation on Excise Tax for its SFO Manufacturing in Albania

CALGARY, AB - Petrosonic Energy, Inc. (PSON), an emerging leader in heavy oil upgrading and related technologies, announced today that the Albanian Parliament passed the fiscal year 2015 law on December 26, 2014, thus, resolving the level of excise tax issue for the synthetic fuel oil (SFO) that the company manufactures in Albania. This very important step allows the company to begin processing SFO from its 3,000 barrels per day heavy crude emulsion process plant and start generating revenue beg... (4 KB)
July 24, 2014
Petrosonic Energy, Inc. Invents and Files Patent on a New Breakthrough Solution, Sono Hi-P.

CALGARY, AB -- Petrosonic Energy, Inc. (OTCQB: PSON), an emerging leader in heavy oil upgrading and related technologies, would like to announce it has developed a new solution to its sonic de-asphalting process. This solution will enable the process to use propane/LPGs to de-asphalt heavy oils. It is important to note, LPGs/propane are more common and cheaper solvents. The new solution is called Sono Hi-P TM and was developed in collaboration with, Gas Liquids Engineering of Calgary, which carr... (4 KB)
September 03, 2013
Petrosonic Energy Inc. Provides Shareholder Update

Petrosonic Energy Inc. Provides Shareholder Update Petrosonic Energy, Inc. (OTCQB: PSON), an emerging leader in heavy oil upgrading and related technologies, is pleased to provide the following updates.   The engineering firm, Gas Liquids Engineering of Calgary, has completed third-party sonification tests in the Richmond BC facility. The results have been sent to a third party lab, Maxxam, in Calgary for separation and solvent recovery lab simulation. The results will be used to fina... (3 KB)
July 15, 2013
Petrosonic Energy, Inc. Announces New Agreement

CALGARY, AB, Jul 15, 2013 -- Petrosonic Energy, Inc. (OTCQB: PSON), an emerging leader in heavy oil upgrading and related technologies, announced today the execution of a new Memorandum Of Understanding Agreement with East West Partners LLC, a US energy company, for its Sonoprocess(TM) and related technologies. Under the agreement, subject to completion of due diligence by both sides, the parties commit to sign a definitive Sales, Distribution and License Agreement for the territories of China,... (3 KB)
June 10, 2013
Petrosonic Energy, Inc. Announces Completion of Emulsification Plant and Start of Revenue Generation

Calgary, AB - Petrosonic Energy, Inc. (OTCQB: PSON), an emerging leader in heavy oil upgrading and related technologies, announced today the completion of the emulsification processing plant in Albania and start of the heavy crude emulsion process. "We are very pleased to achieve this major milestone for Petrosonic shareholders" announced Art Agolli, CEO of Petrosonic. "The start of the heavy crude emulsion process demonstrates our ability to generate revenue from our technologies and to comp... (3 KB)
May 21, 2013
Petrosonic Energy, Inc. Announces 10 New Patents Filed

CALGARY, AB- Petrosonic Energy, Inc. (OTCQB: PSON), an emerging leader in heavy oil upgrading and related technologies, announced today the filing of ten (10) US Patent Applications surrounding their core sonic de-asphalting technology. These applications represent achievement of an important milestone in the company's commercialization strategy and are central to Petrosonic's future success. These ten disclosures relate to: - Economically upgrading heavy oil feed stocks, achieving optim... (4 KB)
April 10, 2013
Petrosonic Energy, Inc. Announces New Master Toll Services Agreement

CALGARY, AB- Petrosonic Energy, Inc. (OTCQB: PSON), an emerging leader in heavy oil upgrading and related technologies, announced today the execution of a new Master Toll Services Agreement with an Albanian energy company. Under the agreement, the energy company has engaged Petrosonic as a processor and producer of heavy hydrocarbon emulsion fuel oil and emulsified bitumen from heavy oil and will pay Petrosonic per barrel fees based on both the quantity of oil to be processed and the quality ... (3 KB)
April 01, 2013
Petrosonic Energy, Inc. Announces New Board Member

CALGARY, AB -- Petrosonic Energy, Inc. (OTCQB: PSON), an emerging leader in heavy oil upgrading and related technologies, announced today the addition of Alfred Fischer to the Board of Directors. Alfred Fischer is currently the CEO, Founder and Principal of Quadrise Canada Corporation and Optimal Resources Inc. and has over 38 years experience in the oil and gas industry in Canada and internationally. Mr. Fischer first entered the industry with Gulf Canada Resources Limited as an Exploratio... (4 KB)
March 18, 2013
Petrosonic Energy, Inc. Announces New Board Member

CALGARY, AB--(Marketwire - Mar 18, 2013) - Petrosonic Energy, Inc. ( OTCQB : PSON ), an emerging leader in heavy oil upgrading and related technologies, announced today the addition of Richard Rutkowski to the Board of Directors. Rutkowski is Chairman, CEO and a founder of ClearSign Combustion Corp. and was formerly CEO of Microvision, Inc., and a co-founder and Vice Chairman of Lumera, Corp. He is also a director of Ideal Power Corp. With more than 20 years of experience in executive manage... (4 KB)
February 27, 2013
Petrosonic Energy, Inc. to Present at the 25th Annual Roth Conference

CALGARY, AB - Presentation Scheduled on March 19th at 5:00p.m. PDT - Petrosonic Energy Inc. (OTCQB: PSON) 25th Annual ROTH Conference Petrosonic Energy Inc. (OTCQB: PSON) today announced that Art Agolli, Founder and Chief Executive Officer, will present at the 25th Annual ROTH Conference at 5 p.m. (PDT), on March 19, 2013, Track 8, The Promenade - White. The conference will be held March 17-20, 2013 at The Ritz Carlton, 1 Ritz Carlton Drive, Dana Point, Calif. Petrosonic Energy, Inc. manag... (2 KB)
January 23, 2013
Petrosonic Energy, Inc. Announces New Chief Financial Officer

Calgary AB., Jan. 23, 2013 --- Petrosonic Energy, Inc. (OTCQB: PSON) an emerging leader in heavy oil upgrading and related technologies announced today the addition of Richard Raisig as the company's Chief Financial Officer. As a newly appointed member of the management team, Mr. Raisig will be responsible for leading and managing all of the company's corporate and managerial finance functions including planning, budgeting and analysis. With 10 years experience as a CFO for a public te... (5 KB)
January 18, 2013
Petrosonic Energy, Inc. Announces Engagement of Investor Relations Firm, Ormont LLC

Calgary AB., Jan. 18, 2013--- Petrosonic Energy, Inc. (OTCQB: PSON) is pleased to announce that it is has engaged Ormont LLC to provide investor relations and strategic communications services. Ormont will assist Petrosonic Energy, Inc. with its efforts toward enhancing investor awareness, corporate communications and overall shareholder support. "We're excited to become part of the Petrosonic team, and to be representing a company with such great potential," stated, John McFarland, Senior Pa... (6 KB)
January 16, 2013
Petrosonic Closes $3.1 Million Financing

Company poised to begin full-scale commercial production Petrosonic Energy Inc., (OTCBB: PSON) an emerging leader in heavy oil upgrading and related technologies announced today that it has completed an equity financing of $3.1 million with a group of strategic retail and institutional investors. "Our original goal was to raise $1.5 million" stated Petrosonic CEO Art Agolli. "However, interest in the offering was much greater than we anticipated, which we believe is a reflection... (8 KB)
December 14, 2012
Petrosonic Energy, Inc. issues Corporate Progress Report for Initial Oil Upgrading Facility

December 14, 2012 - (Calgary) Petrosonic Energy, Inc. (PSON:OTCQB) is pleased to announce that the Company has completed all the infrastructure works including crude and solvent tanks, and completed the shipment to site of most of the major pieces of plant equipment for its first 1,000 barrels per day commercial plant. In addition, the company is pleased to report that it has successfully initiated the shipment to site of the emulsification plant from California and plans to start up the emu... (5 KB)
December 04, 2012
Petrosonic Energy, Inc. Invited to Present at the 5th Annual LD MICRO Conference

December 4, 2012 - (Calgary) Petrosonic Energy, Inc. (OTCQB:PSON) Heavy Oil Processing Technology company and owner of the patent pending SonoprocessTM Heavy Oil processing technology, today announced that it has been invited to present at the upcoming 5th annual LD MICRO conference on Thursday December 6, 2012 at 3:30 p.m. (PST) at the Luxe Sunset Bel Air, Los Angeles, California. Petrosonic will be available during the day for one-on-one meetings. Art Agolli, Founder, President and CEO of ... (4 KB)
September 27, 2012
Petrosonic (PSON:OTCBB) Signs Cooperation Agreement with Emulsification Technology Company

September 27, 2012 - (Calgary) Petrosonic Energy, Inc. (PSON:OTCBB) is pleased to announce that it has signed a cooperation agreement with a leading private Emulsion Technology Company for the Upstream and Downstream Oil Industry that has an exclusive license in a heavy crude and asphaltene emulsification patented technology. According to the agreement the private company has committed to set up a 120 bbl/hour heavy crude and asphaltene emulsification plant in Petrosonic's Heavy Oil Processing ... (5 KB)
September 18, 2012
Petrosonic (PSON:OTCBB) Awards Assembly Contract To Commission Heavy Oil Upgrading Plant

September 18, 2012 - (Calgary) Petrosonic Energy, Inc. (PSON:OTCBB) is pleased to announce the award of an assembly contract to Pavli Valle Inc, an engineering and assembly company. The contract is for the final assembly and process engineering and fabrication of tanks and equipment for Petrosonic Energy, Inc.'s Heavy Oil Processing Plant. "Pavli Valle has a great reputation in this field and we are confident in their capacity and capability to conclude the contract in time" stated Art Agolli... (4 KB)
August 01, 2012
Petrosonic Energy, Inc. Announces Closing of Acquisition of SonoprocessTM Technology

August 1, 2012 - (Calgary) Petrosonic Energy, Inc. (PSON:OTCBB) is pleased to announce the closing of the acquisition announced April 20, 2102 of the patent pending Sonoprocess Heavy Oil processing technology from Sonoro Energy Ltd. Pursuant to the terms of the Purchase Agreement with Sonoro, Petrosonic Energy acquired certain assets (the "Assets") from Sonoro Energy Ltd., and has acquired Sonoro's controlling interest in Petrosonic Albania, pursuant to a share purchas... (5 KB)

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Technology

Petrosonic's core technology is a proprietary industrial scale sonic reactor that transfers sonic energy on an industrial scale to physical, chemical or biological processes.

Operations

The Company is commercializing its patented sonic generator and related technologies through wholly-owned subsidiaries ventures.

Investors

Petrosonic website is updated frequently.
For additional information, contact investor relations or call us at (855) 626-3317 .

Media