12 Finalists Announced In Shale Gas Innovation Competition!

The Ben Franklin Shale Gas Innovation and Commercialization Center announced today the names of the companies chosen as finalists for the Shale Gas Innovation Contest:
 
 
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March 27, 2012 - PRLog -- STATE COLLEGE, PA – The Ben Franklin Shale Gas Innovation and Commercialization Center www.sgicc.org  announced today the names of the companies chosen as finalists for the  Shale Gas Innovation Contest:

•   Aither Chemicals, LLC
•   Joel Anstrom/University Research Project
•   Andre Boehman/University Research Project
•   Greenways Inc   
•   HydroConfidence Inc.
•   J&J Truck Bodies & Trailers
•   MicroEnergies LLC
•   OsComp Systems Inc.
•   Polymics Ltd
•   ProChem Tech International Inc.
•   Seraph Energy LLC
•   S4 Worldwide LLC

The contest, which is offering a total of $50,000 in cash prizes for the two best shale gas-oriented innovations, new product ideas, or service concepts was co-sponsored by the Marcellus Shale Coalition (www.marcelluscoalition.org), Little Pine Resources (www.littlepineresources.com), Chesapeake Energy (http://www.chesapeake.com), First National Bank (http://www.fnb-online.com)  and Schlumberger (www.slb.com) .

The judges, all of whom are senior gas industry experts, include representatives from the sponsoring companies as well as CONSOL Energy Inc.  The panel began reviewing the submissions soon after the contest application closing date of January 30, 2012.

Bill Hall, Director of the SGICC remarked, “First, let me say how grateful I am to our contest sponsors. Without them, we couldn’t have offered such great cash prizes or even run the competition.  The judges, who have donated considerable time and effort to reading all of the 54 applications, were amazed at not only the number received, but also the overall high quality of the submissions.  There was such a broad range of technologies, products, and services represented that the judges were hard-pressed to whittle down the list of finalists to only 12.”

Each finalist will present a brief power point presentation to the judges from 2:00 P.M. – 4:00 P.M. on May 24, 2012 at the Hilton Hotel in Harrisburg, PA.  At the conclusion of the day’s events, the two $25,000 winners will be announced.

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About the SGICC
The Ben Franklin Shale Gas Innovation and Commercialization Center (www.sgicc.org), an initiative of Ben Franklin Technology Partners/CNP (www.cnp.benfranklin.org), is designed to harness innovation and new technologies as a means to maximize the economic return to Pennsylvania’s citizens from the Marcellus and Utica shale formations. The Center’s goal is to increase sustainable employment and wealth creation in Pennsylvania that has the potential to outlast the initial exploration, production and transportation of natural gas from the formations. The Center will also identify, support and commercialize technologies and early-stage businesses that enhance responsible stewardship of the environment while properly utilizing this transformative energy asset.
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Source:Ben Franklin Technology Partners
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