News | April 3, 2006

America Asia Petroleum Announces Plans To Build Plant in China, New Patent

Carson City, NV - America Asia Petroleum announced that it has decided to build a plant in China that will produce its patent pending binder.

The binder is a value-added petroleum based product that strengthens asphalt and makes roads more durable and longer lasting. The binder is unique because it is an asphalt binder product that has the ability to solve all five major road problems. The binder solves the problems of rutting, water striping, thermal freeze-thaw cracking, fatigue cracking and aging.

America Asia Petroleum also announced that it was awarded a patent for its new US Patent SOT shale oil extraction technology, US Patent SOT 11 30825.

This new, patented process of extracting crude oil from shale rock combines the latest testing and operational technology while also providing the new retort system. This new process will allow the extraction of a higher volume of oil from the shale and does not pollute nor use water for processing.

"The rise in world wide consumption of crude oil coupled with escalating prices, has generated serious demand for the company's technology," stated James Smith, Vice President -- China of America Asia Petroleum Corp.

SOURCE: America Asia Petroleum