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PetroSun Signs Agreement With Biomass Partners
US - PetroSun BioFuels, Inc., a wholly-owned subsidiary of Petrosun Inc, has entered into an Agency Agreement with Biomass Partners, LLC to secure land surface rights and existing farm ponds for the purpose of effectuating its proprietary algae-to-biofuels technology.The territories outlined in the agreement are the states of Alabama, Mississippi, Louisiana and Arkansas.
Biomass Partners and PetroSun BioFuels will be offering Real Property Aquaculture Lease Agreements to qualified farm pond owners within the stated territory.
The landowners will be offered a royalty income and base rent in return for the utilization of existing farm ponds or marginal acreage for the cultivation of algae and conversion to a biofuel feedstock.
Biomass Partners has full authority to identify an unlimited number of acres containing commercial farm pond operations that can be utilized for algae cultivation.
Interested parties have been asked to contact Biomass Partners at terri@biomasspartner.com to discuss qualifications and to schedule site visits.
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