CAMERON, LA and HOUSTON, TX, United States, via ETELIGIS INC., 03/11/2015 – – SCT&E LNG attended and participated in a meeting and presentation with the Cameron Parish Police Jury, landowners, businessmen, West Cameron Port Authority, local stakeholders, and State representatives to review the first phase of the Monkey Island Access Stage 0 Study Feasibility Report conducted by the Sigma Consulting Group. The presentation was held in the offices of the Police Jury in Cameron, Louisiana. Plans for an access bridge from the mainland to Monkey Island were positively received from all in attendance. The Cameron Parish Police Jury, the West Cameron Port Authority, and respective parties have analyzed bridge options, and a number of proposals with thoughtful merit were presented and discussed. Greg Michaels, CEO, of SCT&E LNG, praised the process saying, “It was great to be in a meeting like this with a group of problem-solvers. Simply stated, the people and leaders of Cameron Parish are just solid! Their cooperative approach to the Monkey Island Access Bridge is an example of a city that can come together positively, and fruitfully.”
Ryan Bourriaque, Cameron Parish Police Jury Administrator, agrees, “The Parish is certainly proud and pleased with the progress of this Stage 0 Feasibility Study. The meeting is a great first step in identifying issues.” The Cameron Parish Police Jury is working to identify discretionary funding sources to assist in any potential construction for access to the island.
While in Louisiana, Mr. Michaels met with supporters of the 12 million ton per annum LNG project on Monkey Island, such as U.S. Senator David Vitter, R-Louisiana, who supports the SCT&E LNG project and the development of America’s abundant natural gas supply for distribution globally. As Chairman of the Small Business & Entrepreneurship Committee, Senator Vitter believes that, American businesses are cultivating some of the most exciting and new technologies that are responsible for fostering economic growth, increasing educational opportunities, and retaining highly skilled, technical jobs. In his letter of support to the Department of Energy on behalf of SCT&E LNG, Senator Vitter states, “This project will have significant positive benefits for Louisiana and the U.S. economy. The project also advances U.S. strength with our allies and trading partners globally.”
About SCT&E LNG:
Originally established by Southern California Telephone Company, a successful twenty-year, privately owned United States Public Utility Company, SCT&E LNG was created for the development of a Liquefied Natural Gas (LNG) Manufacturing and Export Terminal. The SCT&E LNG project is currently modeled as an LNG Tolling Facility utilizing cryogenic technologies to liquefy natural gas for the exportation of natural gas globally. Plainly stated, the SCT&E LNG plan is to liquefy approximately 1.62 billion cubic feet per day of natural gas to create approximately 12 million tons per annum of LNG at its future facilities on Monkey Island, Cameron Parish, Louisiana. Southern California Telephone Company, doing business today as SCT&E, includes its subsidiary North Energy Central whose principals have built over $5 billion in power generation projects worldwide. Originally founded in 1994 by CEO Greg Michaels, SCT&E is a vertically integrated Telephone, Energy, and Power Generation Corporation, offering Telecommunication Services as well as Energy Services, including renewable energy and energy efficiency solutions, thus blending the world of utility mediums.
SCT&E has multiple locations, with its corporate office headquartered in Temecula, California. SCT&E owns and operates a redundant telecommunications network and maintains facilities on both coasts of the United States. SCT&E holds a U.S. Federal Energy Regulatory Commission (FERC) Authority allowing it to buy and sell energy nationwide in both the wholesale and retail markets.
This news release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934 and as defined in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are subject to certain risks, uncertainties, and assumptions that include expected earnings, future growth and financial performance, and typically can be identified by the use of words such as “expect,” “estimate,” “anticipate,” “forecast,” “plan,” “believe”, “optimistic,” “intend,” “will,” and similar terms. Although SCT&E LNG believes that its expectations are reasonable, it can give no assurance that these expectations will prove to have been correct, and actual results may vary materially from those anticipated in these forward-looking statements. A variety of factors that could cause actual results to differ materially from those contemplated above include, among others, general economic conditions, hazards customary in the oil, gas and LNG industries, weather conditions, competition and developments in oil, gas and LNG markets beyond the Company’s control, the volatility of energy and fuel prices, failure of customers to perform under contracts, changes in the oil, gas and LNG markets, changes in government regulations of markets and of environmental emissions, the condition of capital markets generally, securitization of sufficient capital or a strategic business arrangement to fund its plan of operation, the Company’s ability to access capital markets, management resources and infrastructure necessary to support the growth of its business, unanticipated facilities outages, adverse results in current and future litigation, failure to identify or successfully implement acquisitions (including receipt of third party consents and regulatory approvals), failure to acquire or transact on off-take agreements, and other risk factors related to the liquefied natural gas and related and connected business.
All forward-looking statements attributable to SCT&E LNG or persons acting on its behalf are expressly qualified in their entirety by these factors. SCT&E LNG undertakes no obligation to update or revise any forward-looking statements, other than as required under applicable securities laws, whether as a result of new information, future events or otherwise. The foregoing factors could cause SCT&E LNG’s actual results to differ materially from those contemplated in the forward-looking statements included in this news release and should be considered in connection with information regarding risks and uncertainties that may affect SCT&E LNG’s future results.
Assistant to Greg Michaels
SOURCE: SCT&E LNG