Category: Technology Licenses
Created On: 2022-04-28
Record Count: 4
- Energy & Environment
- Energy Resources & Svcs
- Oil & Gas Extraction
IPSCIO Report Record List
Below you will find the records curated into this collection. This summary includes the complete licensed property description so that you can review and determine if this collection covers the topics, technology or transaction type that is relevant for your needs. The full report will include all relevant deal data such as the royalty base, agreement date, term description, royalty rates and other deal terms. For reference, here is a sample of a full IPSCIO curated royalty rate report: Sample Report
IPSCIO Record ID: 29242
IPSCIO Record ID: 385702
Licensee will construct and operate ten facilities for the growing and harvesting of algae for the production of oil and biomass which utilize and incorporate the Licensed Technology.
Fuel Products shall mean any and all products generated by the Licensed Technology that possess the characteristics of petroleum and petroleum bi-products created from the processing and refining of crude oil.
Licensed Products shall mean any oil, biomass, or other saleable item produced by Licensee, its Affiliates, any Sublicensee, or any unauthorized party related to Licensee, its Affiliates or Sublicensees using the Licensed Technology.
Meal Products shall mean any and all co-products created by the Licensed Technology that are remaining after the removal of the Fuel Products.
Software shall mean the computer programs required to operate the System. The System utilizes a custom suite of software, the Software.
IPSCIO Record ID: 326362
Licensor is a clean technology company focused on the development, implementation and licensing of a patented, environmentally safe and sustainable technology for the extraction and reclamation of heavy oil and bitumen from oil sands and mineable oil deposits.
Licensee is a company that explores the potential to deploy oil sands separation technology.
IPSCIO Record ID: 28589
The Licensed Intellectual Property means all of the Know-How and other Intellectual Property Rights which Licensor has created, relating to the recovery of stranded oil from an existing mature oil field with specific characteristics using an enhanced oil recovery method.
The Method is known as Underground Gravity Drainage, which uses conventional mining processes to establish a chamber underneath such oil reserves from where closely spaced wellbores can be drilled up into the oil reservoir, using gravity to then drain the targeted reservoir through the wellbores (referred to generally as the UGD Process); and the process, procedures, protocols, formulae, criteria and methodology for determining which oil fields are more suitable for the recovery of such stranded oil through application of the UGD Process (referred to generally as the Selection Process), and the term Licensed Intellectual Property shall include any and all Licensor Improvements.
Licensee may only transfer or subLicense the License to subsidiaries of the Licensee where at least a majority of the voting capital stock of such subsidiary is owned by Licensee and/or in connection with a Corporate Event.