|[February 07, 2013]
Ben Franklin's Shale Gas Innovation Contest Generated More Than 70 New Ideas!
STATE COLLEGE, Pa. --(Business Wire)--
Last fall, The Shale Gas Innovation & Commercialization Center (www.sgicc.org)
announced its second annual Innovation Contest. The deadline for
participation was February 1, 2013. Like last year's very successful
competition which received more than 50 applications, this year's
statewide contest turned out to be of great interest and generated more
than 70 new ideas. A total of $75,000 in prize money is being offered,
and three winners will be announced in the spring.
Bill Hall, SGICC Director, noted that the quality of the applications
was very high. "We received even more applications than last year, and
many of the concepts are really impressive. Topics covered the entire
gamut of the shale gas play from down-hole extraction, pad protection
and environmental safety, water and wastewater focused technologies,
data management concepts, and even included multiple downstream gas and
NGL utilization technologies. We are excited to start the vetting
process to select the best concepts."
A list of finalists will be selected by the end of March, 2013. After
making presentations to a panel of judges, three winners will be chosen
at an event held in May. An announcement regarding the date, time, and
location will be circulated once all the details have been finalized.
The Shale Gas Innovation Contest was co-sponsored by Ben Franklin
Technology Partners (http://www.benfranklin.org),
Acorn Energy (http://acornenergy.com),
Cabot Oil & Gas Corporation (www.cabotog.com),
CONSOL Energy (www.consolenergy.com),
Chesapeake Energy (www.chk.com),
The Dow Chemical Company (http://www.dow.com/),
First National Bank (www.fnb-online.com
), Little Pine Resources (http://littlepineresources.com),
the Marcellus Shale Coalition (http://marcelluscoalition.org),OSCOMP
and Praxair (www.praxair.com).
For questions, contact Bill Hall at either 814-933-8203 or firstname.lastname@example.org.
About the SGICC
The Ben Franklin Shale Gas Innovation and Commercialization Center (www.sgicc.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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