OREM — A group of Ukrainian scientists and inventors believe they've come up with a new technology in the field of exploration and resource location that could potentially change the world.

"When we (tried) to introduce 'Deep Vision' technology to oil companies, we had a problem," explained Vasyl Lyubarets, president of the company Carpathia. "(They thought it was) too good to be true."

But after 10 years and dozens of successful resource identification projects in Saudi Arabia, Russia and Ukraine, Lyubarets can show skeptical clients that his company's success rate for identifying and finding materials, even before drilling, is nearly 97 percent — far above success rates of 3-D seismography or traditional geology.

The company is named after the ship that rescued people from the sinking Titanic — and the Ukrainian company believes it can do just that for the tanking U.S. economy.

"We are coming to help people," Lyubarets explained Wednesday during a presentation at Utah Valley University. But first they need to win them over.

So, during a recent visit to Utah arranged by Lyubarets who lives in Orem, the company began verifying data they had collected months earlier regarding central Utah.

The "Deep Vision" model process begins in space, as Carpathia uses a satellite to take pictures of a specific area, looking for a oil, water, gas, gold, etc., of which they already have a small sample and know the atomic properties.

The satellite sends concentrated, high-frequency electromagnetic waves that resonate with the substance in the earth and cause the substance to emit energy, which is sent back and captured on the special film.

Then, knowing its location, the group visits the area and conducts more wave tests to determine the depth of the resource, the pressure and the commercial possibility, Paul Ivashchenko, a physics professor in Kiev and one of the leaders of the group, said through an interpreter.

Wednesday, the group compared their sealed satellite and field data with previously sealed information from about five test spots in central Utah, some near the town of Sigurd.

Two of the test spots were known dry wells, which Carpathia confirmed. In three of the producing spots, Carpathia provided a depth range that included the area where oil had already been discovered.

"These guys got it pegged pretty close," said Kelly Alvey, who allowed Carpathia access to some of the land, and knew what the actual numbers were. "They're within 150 feet."

Alvey said he will work with them again in the future, even if Sinclair and Flying J have discounted their ideas.

"This could change a lot of things," he said. "If you don't give them a chance how do you know? They're really close. That's more than a guess when it's that close."

But not everyone was so quick to buy the new idea.

"There's a lot of black boxes out there, new technology," said Jeff Chivers, who works with Western Energy Partners and Quantum Energy and Technology. "It's impressive but not conclusive. I don't want to discount it, but before (I invest) I want to have more validation."

E-mail: sisraelsen@desnews.com