ExproFuels Announces Domestic Business Increase.SAN ANTONIO, Texas--(BUSINESS WIRE)-- June 21, 1996--ExproFuels, The Exploration Company's alternative fuels division, announced today that it had been awarded multiple new contracts recently, representing over $450,000 in gross revenues. Vehicle conversions are currently backlogged at over 100 units while two additional refueling station construction projects are also underway. This represents a general surge in the alternative fuels division's normal business. Southwest ISD See IDD. of San Antonio, Texas “San Antonio” redirects here. For other uses, see San Antonio (disambiguation). San Antonio is the second most populous city in Texas, the third most populous metropolitan area in Texas, and is the seventh most populous city in the United States. As of the 2006 U.S. , is providing the largest of the new contracts. ExproFuels has been subcontracted to construct an 18,000 gallon Liquefied Petroleum Gas liquefied petroleum gas or LPG, mixture of gases, chiefly propane and butane, produced commercially from petroleum and stored under pressure to keep it in a liquid state. (LPG LPG: see liquefied petroleum gas. 1. LPG - Linguaggio Procedure Grafiche (Italian for "Graphical Procedures Language"). dott. Gabriele Selmi. Roughly a cross between Fortran and APL, with graphical-oriented extensions and several peculiarities. ) refueling facility, as well as winning a bid award to convert 32 school bus and school district support vehicles. Southwest's refueling facility will include three double hose LPG motor-fuel dispensers, making it the largest single-facility alternative fuel station in the state. Construction on the refueling facility is scheduled to begin in August, while the conversions are scheduled to be completed in time for the new school year. Judson ISD of San Antonio, Texas, has also contracted with ExproFuels to convert 29 of its school buses and support vehicles over the upcoming summer months. Because Judson was ExproFuels' first customer in June of 1993, the company is very pleased that they have chosen to continue their fleet conversion to LPG. The city of Tuscon, Ariz., is continuing to convert its fleet to operate on compressed natural gas Compressed Natural Gas (CNG) is a substitute for gasoline (petrol) or diesel fuel. It is considered to be an environmentally "clean" alternative to those fuels. It is made by compressing natural gas (which is mainly composed by methane (CH4 (CNG CNG Compressed Natural Gas CNG Calling (Tone) CNG Comfort Noise Generation CNG Cryptography Next Generation (Microsoft Windows Vista) CNG Centre National de Génotypage ). Ten 1996 model-year vehicles are currently under contract with ExproFuels. The initial conversion has been completed using a newly developed on-board computer support system. Other recent contracts include: a CNG cylinder re-certification contract for the Texas Department of Transportation, scheduled to run over two years; 14 vehicle conversions for Via Metropolitan Transit VIA Metropolitan Transit (or simply VIA) is the mass transit agency serving San Antonio, Texas. It began operation in 1978 as a successor to the San Antonio Transit System. of San Antonio; a one year fuel contract with three one year options for the Texas Department of Criminal Justice; additional vehicle conversions for Star Shuttle, two of which will occur in Houston, Texas and represent an advancement of Star Shuttle's fleet conversion into this important market. ExproFuels has also received additional purchase orders to convert vehicles from existing customers including: The Texas Department of Transportation, The Texas Agricultural Department, the City of San Antonio and Hendrix Chevrolet. Division president, Tom Gose was quoted as saying: "I feel the recent increase in contract awards for ExproFuels is indicative of two key market factors. First, our overall sales effort and the excellent reputation we are earning from the work being performed is leading to the development of new customers for us, as well as brining back repeat business. Second, the overall industry has finally come to terms with its interpretation of various ongoing rules and mandates. This in turn has given industry fleet operators a much clearer picture of what is required of them by law and a more definitive timetable to proceed. I feel the general direction of the LPG and CNG motor fuels market is up in all our operating areas." ExproFuels, a division of The Exploration Company, converts gasoline and diesel engines to operate on CNG, (LPG) and liquefied natural gas liquefied natural gas: see under natural gas. Liquefied natural gas (LNG) A product of natural gas which consists primarily of methane. Its properties are those of liquid methane, slightly modified by minor constituents. (LNG). The division also designs, builds, owns, operates and provides fuel for alternative fuels stations. The Exploration Company is an oil and gas exploration and production company, publicly traded on the NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on exchange under the symbol "TXCO TXCO The Exploration Company TXCO Temperature-Compensated Crystal Oscillator ." CONTACT: ExproFuels Division Thomas H. Gose, president, 210/490-9400 |
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