Business Description

In Q4 of 2006, Oil-Tech’s shareholders overwhelmingly approved the merger of our company with Ambre Energy, an Australian mining and alternate fuel enterprise, and established Millennium Synfuels, LLC, a Delaware company with offices in Salt Lake City (USA) and Brisbane (Australia). Millennium Synfuels’ mandate is to incorporate Oil-Tech’s patented retorting technology along with proprietary technology and funding from Ambre Energy towards establishing an alternate fuel production operation over the next 3 years. As a result, Oil-Tech has achieved its management goal of transitioning from a technology start up company to a production entity.

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