Voyager
Petroleum (OTC-BB: VYGO) is an eco-friendly oil processing and distribution company
targeting the $11 billion automotive and manufacturing lubrication markets. Lubricants
is big business in the United States with 3 billion gallons consumed each with and
1.4 billion gallons of used motor oil used in 2007 alone. Recycling used oil can produce
these lubricants using one third of the energy without leaving any additional waste
in the process.
Lubricating oils are manufactured from highly refined base oils with various additives
added to give it special performance characteristics. The base oils in these lubricants
are the most pricey and valuable part of crude oil. In fact, it takes 42 gallons of
crude oil to make 2.5 quarts of base oil. Once these base oils are used in machines
or autos they become waste and are often discarded as they have been contaminated
through use.
Voyager Petroleum believes that used oils remain an abundant source of base oil that
can be recovered and re-used. The recycling process itself can be done in many different
ways. Many of these processes are not efficient, however, and can be expensive to
operate and only suitable for large facilities. Voyager has not only developed an
efficient processing method but also established a warehouse in one of the premeir
cities in America for motor oil - Detroit Michigan.
The process of recycling lubricants begins by purchasing used oil from various consolidators
of used petroleum, such as gear oil, machine oils, and others that have never been
burned. These un-combusted, refined oils are then sent to a processing facility. There
all impurities and contaminants are extrapolated leaving it with the base oil. Various
additives are then blended in to create the desired end product that can be sold retail
or wholesale to consumers or businesses.
Voyager Petroleum is well-positioned to dominate the small and regional oil recycling
market with a streamlined and integrated process. As a result, this is a stock that
investors should definitely keep an eye on going foward.
