Viking Energy Group, Inc. is a growth oriented energy company, targeting opportunities in the power generation, clean energy & resource sectors. Through various wholly-owned subsidiaries, Viking provides custom energy & power solutions to commercial and industrial clients in North America and owns interests in oil and natural gas assets in the United States The company also holds an exclusive license in Canada to a patented carbon-capture system.
Simson-Maxwell, Ltd. (“Simson-Maxwell”), a wholly-owned subsidiary of Viking Energy Group, Inc., is a leading manufacturer and supplier of power generation products, services and custom energy solutions. Simson-Maxwell provides commercial and industrial clients with efficient, flexible, environmentally responsible and clean-tech energy systems involving a wide variety of products, including: CHP (combined heat and power), tier 4 final diesel and natural gas industrial engines, solar, wind and storage. The company also designs and assembles a complete line of electrical control equipment including switch gear, synchronization and paralleling gear, distribution, Bi-Fuel and complete power generation production controls. Operating for over 80 years, Simson Maxwell’s seven branches assist with servicing over 4,000 existing maintenance contracts and meeting the energy and power-solution demands of the company’s other customers. Simson Maxwell allows its customers the ability to take their power for granted and focus on what they do best.
Viking Energy Group, Inc. is a party to an Intellectual Property License Agreement with ESG Clean Energy, LLC (“ESG”) regarding ESG’s patent rights and know-how related to stationary electric power generation, including methods to utilize heat and capture carbon dioxide (the “ESG Clean Energy System”). The license agreement is exclusive for all of Canada (unlimited number of systems), and non-exclusive for up to twenty-five locations in the United States.
The ESG Clean Energy System is designed to generate clean electricity from internal combustion engines and utilize waste heat to capture ⁓ 100% of the carbon dioxide (CO2) emitted from the engine without loss of efficiency, and in a manner to facilitate the production of precious commodities (e.g. distilled/ de-ionized water; UREA (NH4); ammonia (NH3); ethanol; and methanol) for sale.
Besides electrical power generation, the ESG clean energy system is also designed to be utilized in a number of different environments, including:
Plastics Recycling Operations – Can be made more affordable and safer for the environment by providing low-cost, CO2-free heat that is critical to its processing.
Nitrogen Removal – Can be done more efficiently and cleanly. Nitrogen can cause algae blooms in wastewater treatment plants and is a risk to human health, so its removal has become an emerging, worldwide concern.
Stranded Natural Gas Wells – Can be effectively converted from non-operating revenue producers to operating revenue producers by incorporating the ESG system into its production process.
Microgrids – Can be made more reliable in times of emergency with the distributed power abilities of ESG power generation when regional grids go down.
Data Centers – Can provide large data centers with clean low-cost energy in a relatively small package.
Crypto Mining Operations – Can meet the energy demands of crypto mining operations without emitting carbon dioxide into the atmosphere.