APG's New Modular Flare Capture & Recovery System on Track for October Installation

LYNNFIELD, MA--(Marketwired - Oct 2, 2015) - American Power Group Corporation (OTCQB: APGI) announced today that its Trident NGL Services Division is on schedule for an October installation of its latest Modular Flare To Fuel™ Capture and Recovery System. This milestone will mark the third Trident Natural Gas Liquids ("NGL") system to be deployed on remote well sites for two of the top oil and gas companies in the Bakken Region of North Dakota.

Last week the North Dakota Industrial Commission rejected a requested two year delay in meeting tougher 2016 flare requirements and established the following revised requirements for the capture of well site associated gases:

• 80% of associated gases captured by April 1, 2016
• 85% of associated gases captured by November 1, 2016
• 88% of associated gases captured by November 1, 2018
• 91% of associated gases captured by January 1, 2020

The Commission also passed a gas capture credit system, crediting oil & gas companies who have exceeded their capture goals with up to ninety (90) days of credit if they were to fall below future goals.

In August, APG announced a license agreement with Trident Resources, LLC ("Trident") for the exclusive worldwide right to commercialize Trident's proprietary NGL processing technology. APG purchased certain Trident operating assets including two existing mobile NGL processing systems and recently announced a commitment for the financing of two additional systems in response to strong demand from oil and gas operators looking for an effective solution to capture their flare on existing remote and stranded well sites. 

APG's proprietary Trident NGL capture and recovery process is the emerging leader in capturing and converting a higher percent of the gases at these remote and stranded well sites with its mobile and modular design when compared to other competitive capture technologies that cannot currently meet the 80% to 91% capture regulations. NGL's can and are being sold to a variety of end markets for heating, emulsifiers, or as a combined NGL liquid called Y Grade that can be sold to midstream companies who separate the liquids into their final commodities.

Lyle Jensen, CEO of American Power Group stated, "Last week's unanimous vote by the North Dakota Industrial Commission to retain, and in some cases, accelerate or increase the percentage of flare capture sends a strong signal to the industry that investment in both mid-stream gas gathering pipelines and options to capture associated gases on remote and stranded well sites have become an important priority. The Bakken region has an estimated 2,500 well sites classified as remote or stranded where we intend to initially market and expand our Flare to Fuel™ capabilities." 

About American Power Group Corporation
American Power Group's subsidiary, American Power Group, Inc. provides cost effective products and services that promote the economic and environmental benefits of our alternative fuel and emission reduction technologies. Our patented Turbocharged Natural Gas® Dual Fuel Conversion Technology is a unique non-invasive software driven solution that converts existing vehicular and stationary diesel engines to run concurrently on diesel and various forms of natural gas including compressed natural gas, liquefied natural gas, conditioned well-head/ditch gas or bio-methane gas with the flexibility to return to 100% diesel fuel operation at any time. Depending on the fuel source and operating profile, our EPA and CARB approved dual fuel conversions seamlessly displace 45% - 65% of diesel fuel with cleaner burning natural gas resulting in measurable reductions in nitrous oxides (NOx) and other diesel-related emissions. Through our Trident Associated Gas Capture and Recovery Technology, we provide oil and gas producers a flare capture service solution for associated gases produced at their remote and stranded well sites. These producers are under tightening regulatory pressure to capture and liquefy the flared gases at their remote and stranded well sites or face significant oil output reductions. With our proprietary Flare to Fuel™ process technology we can convert these captured gases into natural gas liquids ("NGL") which can be sold as heating fluids, emulsifiers, or be further processed by refiners. Given pending federal methane capture regulations, we anticipate our next generation NGL processing systems will have the capability to convert the residual flared methane into pipeline quality natural gas that can be sold for a variety of dedicated and dual fuel vehicular, stationary, industrial and household uses. See additional information at: www. americanpowergroupinc.com 

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