Capstone Receives Order for First C1000 from Oil & Gas Producer Operating in Southern California

CHATSWORTH, Calif., Feb. 27, 2012 (GLOBE NEWSWIRE) — Capstone Turbine Corporation (www.capstoneturbine.com) (Nasdaq:CPST), the world’s leading clean technology manufacturer of microturbine energy systems, today announced it received an order for the first C1000 Power Package from an oil & gas producer in Southern California.The C1000, sold by Capstone distributor Regatta Solutions, based in San Juan Capistrano, Calif., will be commissioned this spring in a combined heat and power (CHP) application to save operating and maintenance
costs and avoid flaring, one of the most challenging energy and environmental problems today at oil & gas sites and landfills.

Rather than flare the waste gas, a byproduct from the drilling process, the C1000 will use the associated gas as fuel to generate low-emission
electricity onsite to power the plant’s pumps and infrastructure systems. The microturbine exhaust will heat water for the free-water knockout process–or three phase separator process–to separate gas, oil, and water.

“This order confirms our client’s confidence in Capstone’s full line of ultra low-emission microturbines,” said Steve Acevedo, Regatta Solutions President. “Oil & gas producers across the country have demanding power needs and Capstone microturbines of all sizes meet these requirements with the added benefit of environmental efficiency.”

“Nearly 150 billion cubic meters of natural gas are flared in the atmosphere annually,” said Jim Crouse, Capstone’s Executive Vice
President of Sales and Marketing. “Flaring is a waste of natural resources and creates 400 million metric tons of CO<sub>2</sub> equivalent global greenhouse gas emissions, which has a significant impact on the environment, not to mention the associated health issues. Capstone microturbines use associated gas to generate low-emission power, which eradicates flaring and enables producers to utilize otherwise wasted gas for production.”

Source: Capstone Turbine

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