BORN OF A DIFFERENT TIME, PERFECTED IN A DIGITAL AGE
At the end of World War II, our lead scientist Dr. Joseph O'Neill (who worked as a liaise between FDR and the Manhattan Project) observed a peculiar radar anomaly occurring in radar signals received by bombers flying over burning oilfields in North Africa. He noticed his onboard radar dropped off as he flew over the fields. This was the first reported connection between high oil saturations and earth’s natural radiological emissions. After the war, Dr O'Neill began research to determine why this occurred. His subsequent findings changed our world for generations to come.
He determined the radar effect to be caused by an electromagnetic anomaly resulting from the absorption of gamma rays as they pass through oil from the earth’s core. This led to a study resulting in construction of a device to capture and measure this phenomenon. In 1955 he developed the world's first commercial device using a sodium iodide crystal coupled with a photomultiplier. From the 1970s onward, the device was used exclusively by Amerada-Hess to find commercial oil deposits throughout the world with such success that a 14-year exclusive contract was signed. That device was later used by Mitchell Energy and others, with a similar pattern of success.
Fast forward to the 1990's. During the first Gulf War, our device was "procured" and adapted by the Department of Defense to identify radioactive materials that may have been placed on Scud missiles. This use by the military gave Dr. O'Neill the chance to work closely with our nation's leading scientists at Oak Ridge Labs in Tennessee. Together, they built a new generation of highly sensitive devices for the electronic detection of radiological materials, nuclear fission weapons, and dirty bombs. Dr. O’Neill’s contribution to this effort made it possible for us to obtain a system.
In 2008, we began to redesign the system and engineering it to find commercial quantities of hydrocarbons when used in ground reconnaissance. SERA was born.
Originally built by the military for airborne helicopter reconnaissance, once we add multiple detector capacity to our SERA system, we expect it will perform as well in the air as it does on the ground. When airborne, the next generation SERA is renamed AirSERA. By combining the data collected by AirSERA with data collected by seismic and other conventional technologies, we increase the level of imaging and detail, further enabling Signum to find the highest-valued oil reserves. In most cases, work that usually takes years can be accomplished in weeks at a fraction of the cost. Not only changing the business of finding oil, we believe there may be more. With a few algorithm adjustments, we can uncover precious metals and rare earth minerals wherever a radioactive signal is present.
With an unmatched history of success, Dr O'Neill's visionary technology truly changed the face of resource exploration. His legacy lives on as we continue the advancement of this technology, and we are determined to honor his contributions by growing Signum into a world-class resource technology and development company based on our desire to keep looking for "O'Neill's anomaly".
We are ready to move quickly and efficiently onto our next phase of development, and maximize returns to our shareholders while minimizing costs. Please join us for this once in a lifetime opportunity to change the world and determine the future.