Company

Dragon Shale is changing how the extraction and production of Oil Shale is done. After extensive research and development, we are installing a new generation of small scale plant. Controlling costs, reducing environmental impact and producing better quality high value products.

Technology

By utilising and improving proven existing technologies and our partners’ unique logistical advantages we will launch a new business strategy for commercial oil shale processing. Ongoing research and development on our patent pending process improvements aims to further improve yields and reduce costs.

Asset

Dragon Shale has partnered with the privately owned Colarado and Utah Oil Shale company (CUOS). CUOS owns combined mineral rights to accessible land with high quality, easily retorted oil shale. Further the land contains a readily accessible near grade mahogany zone formation of rich oil shale.

Environment

Oil shale extraction has typically been an expensive and wasteful process. Dragon Shale’s founders, with backgrounds in environmental responsibility and compliance testing aim to change this. A smaller scale process and in due course an improved process both minimise our impact on the local environment and maximise social benefits.

Dragon Shale

Co-Founders Ron Stites and O. J. Schneider have worked at developing solutions to the technical and commercial problems facing the oil shale industry for many years.

In 2015 they joined forces and utilized a team of six young chemical engineering students to step back and re-examine the state of the industry from the bottom up. The findings were remarkable and pointed to the inability of existing big oil and others to see the fundamentals for success in developing the vast oils shale resources in the U.S. and elsewhere.

Ron and O.J. realized a new, simpler approach was needed and set out to identify the technologies that worked and those that needed improvements. Preliminary patent disclosure has been made for technology which will improve the existing technologies and new business strategies developed.

Latest News and Information

USTAR TAP proposal accepted for consideration

September 28th, 2017|Comments Off on USTAR TAP proposal accepted for consideration

Dragon Shale is pleased to announce that USTAR TAP has confirmed acceptance of our letter of intent for submission of a proposal for further development of our oil shale process. The proposal seeks $260,000 to enable retort development, production of [...]

Dragon Shale joins NOSA

May 30th, 2017|Comments Off on Dragon Shale joins NOSA

Dragon Shale continues to develop its technology and know-how for commercial processing of oil shale (kerogen oil) and remains primarily a technology, development and management company.  As such we continue to review and evaluate all applicable published technologies and work [...]

Utah Governors Energy Summit

March 28th, 2017|Comments Off on Utah Governors Energy Summit

Dragon Shale looks forward to seeing you at the Utah Governors Annual Energy Summit http://governorsenergysummit.com/ in Salt Lake City on May 3 and 4 this year. We look forward to meeting again with our oil shale friends and making new [...]