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1) Revenues
2) Profits
3) Low outstanding shares for a penny stock
4) BIOGAS projects are in the works

https://online.platts.com/PPS/P=ppSearch/

No bull: Idaho firm to convert cow manure to gas
An Idaho company is tapping fertile new ground-the state's burgeoning dairy
industry-to create a fresh source of natural gas for commercial and
industrial customers.
Intrepid Technology and Resources of Idaho Falls ultimately plans to take
the excrement "from the equivalent of 400,000 cows and turn it into the
equivalent of 35 million to 40 million mcf of compressed natural gas a
year," Stephen Ellis, a consultant for Intrepid, said Monday. That
translates to "enough gas to heat, light and power Twin Falls, a city of
40,000 people," he said.
"The biogas industry in Idaho alone has the potential to exceed $50 million
in annual revenue due to its robust dairy operations," Ellis added.
Intrepid's plan addresses two key problems facing Idaho, according to the
company. First and foremost, the southeastern part of the state is
"seriously constrained" in terms of access to new gas supplies, and second,
the state's dairy industry must deal with the ever-growing problem of how to
dispose of animal waste.
Intrepid is building its first operational "anaerobic digester" biogas
production facility at a 4,000-head diary farm near Rupert. The unit is
expected to be completed by July and begin producing marketable quantities
of gas by September.
Ellis said Intrepid will use a proprietary high-rate digestion technology
that produces biogas with a methane content of up to 80%. If the sulfur
dioxide in the gas were removed it could be used for home heating. But
because the margins in that business are so small, the company will
concentrate on commercial and industrial customers, he said.
Unlike in other types of digesters, the bacterium that converts the manure
to gas in Intrepid's model is not flushed out of the system, meaning there
is "a lot of aggressive bacterium" waiting to go to work, Ellis said.
Construction of the first plant will be phased in as the regional market for
the gas grows. Assuming the process proves commercially viable, Ellis said
Intrepid likely will expand to other areas.
Initially, the gas from each digester will be held at the participating
farm, although Intrepid eventually wants to be able to pipe the gas to a
central location. A tanker truck will remove the gas from the digesters and
transport it to a central processing plant, where it will be either
compressed or liquefied.
>From there, trucks will take the gas to smelters and other gas-consuming
manufacturers that are not located near local distribution pipelines-or to
mobile asphalt heating operations, Ellis explained.
The farmers would be paid for the gas their digesters produce and also would
benefit from using large quantities of pollution-free water that is produced
as a byproduct, he said.
Intrepid last week bought the assets and customer base of WOBF Natural Gas
Joint Venture, a privately held distribution and marketing company. WOBF's
clientele includes the Idaho National Engineering and Environmental
Laboratory, a Dept. of Energy facility in Idaho Falls, and commercial and
municipal customers.
The acquisition provides a substantial outlet for Intrepid's methane
production and opens up opportunities to a base of remote customers that now
rely on commercial propane providers or out-of-state CNG sellers.
Intrepid doesn't plan on competing with local utilities for business in the
retail gas market, Ellis said.
"There will be no problem in finding customers. Everyone wants energy they
can depend on and is cheap. We will have the most dependable supply there
is: cow manure. The only thing we depend on is whether the cows ate
yesterday, and they usually do."

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Originally posted by Seamonkey:
I hope that this stock starts to profit soon.It seems that when I bought most of my stocks they all went down in price,not value.It doesnt do my mind good to watch my down float down river.Maybe,just maybe the natural gas industry picks up on this and Intrepid stock gets moving in our favor.Or maybe I should not look at my stocks for a while so I can lower my blood pressure.My experience is to sell then watch the stock soar.

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THAT'S JUST WHAT HAPPENED TO ME TODAY... I FORGOT TO CANCEL A SELL ORDER FOR GFYF AT 0.002 TODAY AND NEWS CAME OUT . SO GFYF SOARED TO A DAY HIGH OF 0.0031

Construction work begins on Rupert-area anaerobic digester

By LAURIE WELCH South Idaho Press

The construction portion of the new methane plant near Rupert should be complete by the end of July.

Whitesides Dairy is the first in Mini-Cassia to build an anaerobic digester which will decompose manure and capture the resulting methane gas which can than be sold as fuel.

"The positive economic effect this will have on Idaho's and the nation's dairy and energy industry is immense," said Joe Cannon, president of Cannon Builders Inc., an Idaho based company which was awarded the initial phase construction contract.

"Cannon Builders and I personally are pleased to be a cornerstone of a revolutionary technology that will positively affect the United States energy markets in such a dramatic fashion. ITR (Intrepid Technology and Resources, Inc.) is anticipating that the total revenues they will generate just in southern Idaho will exceed 50 million dollars in annual energy sales by 2008," Cannon said.

Dennis Keiser, president and CEO of Intrepid Technology and Resources Inc. said the concept of the anaerobic digester has been around for hundreds of years and during the 1970s energy crisis the methods were dramatically improved.

The concept behind the digester is to decompose manure without oxygen (anaerobically). Bacteria is used to break down the manure which releases methane along with other gases. The methane is then captured and sold for fuel.

Steve Whitesides, who owns the 4,000 head dairy with his brother Brent, said Whitesides Dairy hopes to capture and market the methane gas and sell it for fuel as well as use it at the dairy.

Keiser said "The economic impact of this project to ITR and its shareholders is tremendous. With the new additional distribution and compression capabilities we have acquired in the WOBF Venture Partners acquisition ITR is uniquely positioned to become a significant contributor to successfully solving the rapidly escalating and volatile world energy prices."

We represent a company with an unlimited commodity, industrial and animal waste, a proprietary digestion or refining system to turn the commodity into green energy and the added capabilities of distributing that product and guaranteeing the future delivery price for as far out as a decade. No other energy company in the world can do that today and we are on the verge of making this happen." Keiser said.

The project is planned in two phases. During the first phase the tanks will be built and studies conducted to determine the best practices. The company will then use the studies to streamline production and expand to full capacity during phase two, Keiser said.

The facility will be built to allow additional tanks and capacity to be added as the market for the gas expands, he said.

The Rupert digester will be used as a platform to test the different methods available to cost-effectively utilize the gas produced on a commercial scale.

Keiser said the appropriate studies have not yet been done on herds this size.

In the past it has taken 25 to 30 days to complete the decomposition cycle which can now be accomplished in five to six days, Keiser said.

The digester will produce biogas with up to 80 percent methane content which is 33 percent higher than the industry standard.

"It could have far reaching benefits for the area because of all the diaries," Keiser said.