DVS 6000 Market Expands.Business Editors VANCOUVER, British Columbia--(BUSINESS WIRE)--Sept. 18, 2003 Diversified Industries Ltd. ("Diversified" or "the Company") is pleased to announce that its DVS DVS Det Vill Säga (Swedish) DVS Descriptive Video Service DVS Dynamic Voltage Scaling DVS Driver and Vehicle Services (Minnesota) DVS Digital Video System DVS Digital Video Services 6000 hydrogen sulphide hydrogen sulphide Noun a colourless poisonous gas with an odour of rotten eggs ("H2S H2S Hydrogen Sulfide H2S How to Succeed in Business Without Really Trying (Also abbreviated H2$) H2S Heart to Soul (song) ") scavenger is being used with great success as a polishing agent to keep H2S below the required pipeline specification of 6 parts per million parts per million mg/kg or ml/l; see ppm. ("ppm") in natural gas at a sour gas Sour gas is natural gas or any other gas mixture which contains significant amounts of hydrogen sulfide (H2S). According to this reference [1], natural gas is usually considered sour if there are more than 5. plant in Saskatchewan. Grimes Energy Ltd. of Kisbey, Saskatchewan has been using DVS 6000 for over 100 days as an H2S polishing agent by injecting less than 2 litres per day of DVS 6000 into a daily product of one million cubic feet of processed natural gas. When H2S levels spike to more than 6 ppm and the gas plant's amine amine (əmēn`, ăm`ēn): see under amino group. amine Any of a class of nitrogen-containing organic compounds derived, either in principle or in practice, from ammonia (NH3). contactor con·tac·tor n. An electrical relay used to control the flow of power in a circuit. fails to keep H2S levels below specifications, the gas stream goes to a flare stack. This results in the loss of valuable gas, or release of H2S into the atmosphere should the flare stack also fail. Using DVS 6000 as a polishing agent conserves processed gas resources and protects the environment and neighbouring property from the deadly effects of H2S. The results obtained by Grimes Energy Ltd. are documented in a letter which can be viewed on the Diversified's website (www.dvsind.com). They demonstrate that DVS 6000 can be used to neutralize H2S by direct injection into the pipeline at wellheads of low H2S gas wells. Other candidates for DVS 6000 are old gas fields that are turning sour or areas with no sour gas pipelines. DVS 6000 can be used in remote locations with a very minimal amount of equipment. DVS 6000 H2S scavenger has a freeze point of minus 45 degrees C, is non-corrosive, non-flammable and very user friendly. DVS 6000 can be diluted in water or methanol if required. There are more than 250 sour gas plants in Western Canada and hundreds of sour gas wells that are potential users of DVS 6000 as a polishing agent. The excellent results obtained by Grimes Energy will open the doors for Diversified's distributors in Canada and the Middle East for increased sales and an expanded potential worldwide market for DVS 6000. Diversified continues to define a growing number of uses for the DVS 6000 H2S scavenger. Diversified is a product development and marketing company specializing in unique technologies and solutions targeting a cross section of industries. Diversified has developed its first technology, DVS 6000, for the removal of various contaminants such as H2S from oil, gas, air and water. DVS 6000 has proven itself in several applications thus far within the oil and gas industry. Diversified's management team will continue to evaluate new technologies in order to carry out the Company's strategic goal of diversifying its technology portfolio. Diversified is listed on the TSX Venture Exchange TSX Venture Exchange Originally called the Canadian Venture Exchange (CDNX), this was a result of the merger of the Vancouver and Alberta stock exchanges. The goal of TSX Venture Exchange is to provide venture companies with effective access to capital while protecting investors. under the symbol "DVS". ON BEHALF OF THE BOARD OF DIRECTORS OF DIVERSIFIED INDUSTRIES LTD. Stephen L. Davis, President / CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this Press Release. |
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