Hybrid Energy Holdings, Inc. (PINKSHEETS: HYBE) reported that the company has begun development and property integration plans using innovative technology that will convert flare gas, a byproduct of oilfield production, so named because it is commonly disposed of by continuous burning during drilling operations, into a synthetic and commercially viable form of crude oil.

The press release is quoted as saying:

Hybrid Energy Holdings (HEH) acquires and operates profitable energy companies with strong historical cash-flow and sustainable profitability. HEH's acquisitions are focused primarily on traditional and proven fuel production and the latest in energy conservation and power co-generation technologies.

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