Christopher Findlater Developes Used Motor Oil (UMO) Capabilities

Christopher Findlater, CEO of CheyenneX (Cheyenne Exploration, Inc.) is pursuing used motor oil (UMO) recycling and re-refining technologies as a means to develop United States energy independence and carbon neutrality. End Quote

(1888PressRelease) December 14, 2010 - Christopher Findlater, through his firm CheyenneX (Cheyenne Exploration, Inc.), is actively engaged in the strategic development of used motor oil (UMO) recycling and re-refining technologies in America. The Company's mission is to promote re-refining UMO technology.

CheyenneX has transitioned from an environmentally responsible and low-cost oil and gas exploration firm to a provider of clean energy technologies in America. The Company's purpose began to change as the management of CheyenneX became aware of an industry-related project that directly and tangibly addressed pollution - re-refineries.

"This specifically involves the re-refining of used motor oil (UMO)," states Chris Findlater, CEO of CheyenneX. "The projected cost to build a re-refinery in the US is $65 million dollars. With capital expenditures this high it was important to examine some of the underlying factors involved in re-refining UMO. One of the most surprising aspects was that obtaining UMO for re-refining involved competitive bids, with the main competition for purchase coming from a highly questionable use of UMO - bunker fuel."

There are more than 90,000 commercial vessels navigating the world's oceans, producing more sulfur dioxide than all the cars, trucks and buses on the planet, more carbon dioxide than the Netherlands, Poland and Spain combined and a sixth of all the nitrogen oxide emitted into the atmosphere. The gross negligence of oceanic emissions is in part related to the use of bunker fuel which contains 27,000 parts per million of sulfur (contrasted with US diesel fuel which cannot have more than 15 parts per million). If all recovered UMO were recycled rather than used as dirty bunker fuel, it would represent nearly 20 million barrels of oil per year - equivalent to more than 1 full day's consumption of oil in the US alone. All the UMO in the US could be re-refined with the construction of about 30 re-refineries at an approximate cost of $2 billion.

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