SNT Discovers Oil in Signal Hill, California

Online, June 7, 2011 (Newswire.com) - At a public event in Signal Hill, CEO Eric Woolery-Grimm was talking to passersby about the intricate machine sitting on the curb, "It has been a long time coming but a new source of oil was found within thirty feet of the largest oil deposit in southern california! Algae derived biodiesel has the potential to grow anywhere, and that means that we could produce oil on the sidewalk right next to the discovery well and potentially in the corner of your garage." He continued with the following explanation, "All petroleum that we burn today is in fact made up of ancient algae deposits."

Woolery-Grimm continued, "As a second generation Signal Hill business man, I look forward to incorporating a second generation oil into Signal Hill's future."

FACT: "In 1900, the state of California produced 4 million barrels. In 1910, this had jumped to 77 million barrels. In spite of this increased production, many of the fields were beginning to see slowdowns in their production rates in the late 1910's, and California's wondered if their oil boom was reaching an end. But before that would happen, 3 major fields were discovered in rapid succession - Huntington Beach (1920), Santa Fe Springs (1921), and the biggest of them all, the Signal Hill, or Long Beach, Field in 1921."

Source: The Paleontological Research Institution
http://www.priweb.org/ed/pgws/history/signal_hill/signal_hill.html

"In the early 1900's, mankind discovered a readily available fuel underground. In the early 2000's, we've now discovered a carbon neutral option that eliminates the need for drilling," Woolery concluded.

Sustainable Now Technologies was founded in 2009 to explore unfinished algae biodiesel production theories of the late Steven Shigematsu. The SNT Team has built an array of working prototypes of the stackable Energy Conversion Machine (ECM), a scalable appliance which produces biodiesel from algae using solar power. SNT's ECM technology was publicly debuted at the Port Tech Expo in 2010. Sustainable Now Technologies has partnered with Americana Termite Company to build the first small business fueling station. SNT's Research & Development Lab is in Signal Hill, CA. For further information on SNT and their technologies, please visit: http://www.SustainableNowTechnologies.com