THE WOODLANDS, TEXAS (April 06, 2009). Green Source Energy LLC (“GSE”) announced today the hiring of Donald R. Drew as Vice President, Business Development. Mr. Drew brings two decades of business development and deal structuring experience to the position in which he will manage new business development and sales. “I am excited about the opportunity to work with this new technology,” said Mr. Drew. “GSE’s LIQUEX™ technology will revolutionize how we extract and use hydrocarbons.”
“We are thrilled that Don is joining our team,” said GSE’s Chief Executive Officer, Fitz Lee. “I have worked with Don for more than fifteen years,” continued Lee, “and I know his combination of skills will be a great help to our Company.”
Green Source Energy develops and licenses technologies for hydrocarbon extraction and use. Lee continued, “We are addressing an increasing global problem in which: (1) demand for hydrocarbon-based resources is growing while sources of ‘easy’ oil are decreasing; (2) alternative, non-conventional sources exist but are costly to extract; (3) increasing attention to environmental issues adds pressure for improved, ‘greener’ recovery techniques; and (4) demand is growing for solutions that maintain the environment through recycling and better use of resources. Our technology provides an economically and environmentally sustainable process for making the most of the world’s hydrocarbons resources.”
About Green Source Energy LLC
Green Source Energy LLC, founded in 2007, is a privately held corporation that develops energy technologies. The company is headquartered in Houston, Texas, with offices in Austin, Texas, Manhattan, Kansas, and McLean, Virginia. The Company’s mission is to provide sustainable technologies that enhance hydrocarbon recovery and use. Green Source Energy offers technologies based on a proprietary family of reagents for extracting various hydrocarbons, including from coal, oil sands, oil shale and in situ crude oil recovery. GSE’s vision is to revolutionize hydrocarbon recovery through technologies that address the world’s energy needs while drastically reducing the environmental impact of hydrocarbon recovery and use.
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