Investorideas.com newswire, news and commentary for leading sectors

Wednesday, April 28, 2010

Energy Stocks; Investorideas.com Stock Profile for Indigo-Energy, Inc. (OTCBB: IDGG)


Indigo-Energy (OTCBB: IDGG) Announces Oil Production in the Illinois Basin



Delta B.C.- April 28 , 2010 –(Investorideas.com energy newswire) www.InvestorIdeas.com and its leading oil and gas investor portal, www.OilandGasStockNews.com announce new showcase energy stock, Indigo-Energy, Inc. (OTCBB: IDGG).

Indigo-Energy, Inc. (OTCBB: IDGG) is an independent Nevada energy company, engaged in the drilling, development, production and acquisition of certain oil and gas reserves located in different geological regions around the United States. This involves drilling of developmental oil and gas wells at the different program sites on proven reserves. It also includes the purchase of producing oil and gas wells, and existing oil and gas leasehold interests.

Profile Page on Investorideas.com http://www.investorideas.com/CO/IDGG/

Recent News :

Indigo-Energy (OTCBB: IDGG) Announces Oil Production in the Illinois Basin

HENDERSON, Nev. – April 21, 2010 (Investorideas.com energy newswire) – Indigo-Energy, Inc. (OTCBB: IDGG) is pleased to announce today that is producing oil from its horizontal oil well, the "D-1," recently completed in the Illinois Basin. The well began flowing commercial grade oil about one week ago and is now consistently producing approximately 80 barrels per day. The Company believes that continued adjustments to the well and down-hole pump may cause increased production in the coming weeks. In addition to the oil production, this well is also producing natural gas at a flow rate of approximately 200 MCFD (thousand cubic feet per day). Because of this additional production development, a new gas line has been run to the well site so the natural gas can be gathered and sold simultaneously with the oil, making the D-1 both a gas and oil producing well.

Full news: http://www.investorideas.com/CO/IDGG/news/4211.asp


Request News & Updates from Indigo-Energy, Inc. (OTCBB: IDGG)

Investorideas.com sign up page:

http://www.investorideas.com/Resources/Newsletter.asp

About Investorideas.com Oil and Gas portal:

www.OilandGasStockNews.com (OGSN), a portal within the InvestorIdeas.com, provides investor research, stock news and energy links as well as a directory of public companies within the oil and gas sector.



Energy Stocks Directory:

The oil and gas stocks directory lists publicly traded stocks from multiple global stock exchanges including TSX, ASX, OTC, NASDAQ and NYSE.
http://www.investorideas.com/OGSN/stock_list.asp
The full directories are part of the Investor Ideas premium member’s content.

Become an InvestorIdeas.com member and access all of our 10 stock directories by login. -Learn more: http://www.investorideas.com/membership/

Join our Campaign for 2010- One million members stronger…



About InvestorIdeas.com:

InvestorIdeas.com is a leading global investor and industry research resource portal specialized in sector investing covering over thirty industry sectors and global markets including China, India, the Middle East and Australia.



Disclaimer: The following company profile for IDGG is a paid for submission. Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured companies, news submissions, company profile submissions and online advertising. http://www.investorideas.com/About/Disclaimer.asp

Disclosure: http://www.investorideas.com/About/News/Clientspecifics.asp

Investor Protection and Regulation for Pinks sheets:

For info about Indigo-Energy, Inc. (OTCBB: IDGG)

Email: info@indigo-energy.com

Investor Relations:

Cathy Root, 1-702-990-3387



For Additional Information about Investorideas.com:

Dawn Van Zant: 800-665-0411 - dvanzant@investorideas.com Source – Investorideas.com

Tuesday, April 27, 2010

Investorideas.com Market Commentary from Energy Executive Karl Miller, as Markets Fall on Concerns of European Debt


Delta B.C., April 27 , 2010 (Investorideas.com energy newswire) - www.InvestorIdeas.com, a leading investor research portal updates investors as the Dow Jones industrial average is down 136 points on growing concerns of European debt.

As nervous investors were dealing with the current debt crisis in Greece, new concerns hit the market as Standard & Poor's slashed Portugal's credit rating.

Mr. Miller has discussed his concerns over the EU debt in previous commentary.

Follow Karl Millers market and energy commentary at
http://www.naturalgasstocks.com/Karl_Miller/


Previous Commentary April 8th:
Karl Miller: “EU, House of Cards Economically”

"The European Union continues to be a house of cards economically with a very weak economic foundation being further eroded by Greece, Portugal, Spain and Italy. Expect more fiscal problems to be uncovered which will further degrade the Euro, drive global interest rates up, an force capital to pull back across the board.”
http://www.naturalgasstocks.com/Karl_Miller/news/4081.asp

Monday, April 26, 2010

Tech Stocks; InvestorIdeas.com Interview with CEO of Mobile Search Company, MobileBits (OTCBB: MBIT)




DELTA, BC – April 26, 2010 -- www.investorideas.com, a global investor research portal covering multiple sectors including technology, presents an interview with Mr. Walter Kostiuk, Founder & CEO of MobileBits Corporation (OTCBB:MBIT).



MobileBits is a global technology company that provides answers and highly targeted advertisements through its MobileBits(TM) answer engine, available on mobile phones through the Company's web and smartphone applications. The Company offers a wide range of answers and information on a broad scope of web-based content.



MobileBits offers consumers a new approach to mobile search in the form of an answer engine. MobileBits doesn’t use any human or community support to deliver results, which make this service extremely scalable and fast.



MobileBits Founder & CEO, Walter Kostiuk, is a 15-year wireless technology veteran and former BlackBerry® (NASDAQ:RIMM) employee.



Q- Investorideas.com

What is MobileBits target market?



A- Mr. Walter Kostiuk, Founder & CEO of MobileBits



We believe there is a major shift in the way people access content on their mobile devices. It is very different than surfing the web at home or the office from your PC. It’s about immediacy and relevancy. Our product is geared to those who are not really researching information, but already know what they are looking for and just want to ask the question and receive the information in the fewest clicks.



Q- Investorideas.com



When will MobileBits launch officially?



A- Mr. Walter Kostiuk, Founder & CEO of MobileBits



We are continually connecting to content on the web with our process and expect to be releasing a Beta version in the near term on a wide variety of content. I encourage everyone to visit our website at www.mobilebits.com and sign up for the early Beta releases.



Q- Investorideas.com

How does your company deliver precise answers automatically when others use human beings and online communities to deliver results?



A- Mr. Walter Kostiuk, Founder & CEO of MobileBits



We know the shortest path to profitability is through automation and scalability. Our approach has the ability to disambiguate text and categorize questions. Since most mobile questions are short we can do this with incredible speed. Once the question is understood, the system can easily dive deep into the specific category source on the web and extract the precise answer automatically.







Q- Investorideas.com

What would you like investors to know?



A- Mr. Walter Kostiuk, Founder & CEO of MobileBits



The opportunity to deliver on intelligent search is a really big thing and the mobile economy is a major disruptor. I have invested the last five years of my career researching what I believe is a viable approach to deliver quick results to consumer questions and secured the best technology available. We have delivered on a successful enterprise proof of concept that has answered over 100M questions with a very high accuracy rate. Now we are pointing the system to strategic content sources on the web so we can answer as many questions as people ask. We don’t index the entire web and hope that something relevant comes back in the result; instead we take a vertical approach to horizontal content. The service will be free and we will monetize by associating highly targeted advertisements to consumer questions and interests around products, services, people, places and things. The mobile environment creates the opportunity for change and those companies that can deliver value across the internet, including mobile, will have the best chance at being successful.



Follow MobileBits on Twitter.com: http://twitter.com/MobileBitsCorp



MobileBits Corporation (OTCBB: MBIT) Profile Page on Investorideas.com

http://www.investorideas.com/CO/MBIT/



Request News & Updates from MobileBits Corporation (OTCBB: MBIT)

http://www.investorideas.com/Resources/Newsletter.asp





This press release contains forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. By their nature, forward-looking statements and forecasts involve risks and uncertainties because they relate to events and depend on circumstances that will occur in the near future. There are a number of factors that could cause actual results and developments to differ materially from forecasted results. These risks and uncertainties include our ability to: attract end users; attract advertisers; our ability to successfully implement our current long-term growth strategy; as well as product demand, market competition, fluctuations in advertising payouts, delays in website & application development, technical issues beyond our control, reliance on the various platforms that we build applications on, and risks inherent in our operations. For a discussion of these risks and uncertainties, please see our filings with the Securities and Exchange Commission. Our public filings with the SEC are available from commercial document retrieval services and at the website maintained by the SEC at http://www.sec.gov.



About InvestorIdeas.com:

InvestorIdeas.com is a leading global investor and industry research resource portal specialized in sector investing covering over thirty industry sectors and global markets including China, India, the Middle East and Australia.



Disclaimer: The following company profile is a paid for submission. Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured companies, news submissions, company profile submissions and online advertising. http://www.investorideas.com/About/Disclaimer.asp

Disclosure: http://www.investorideas.com/About/News/Clientspecifics.asp





Contact Info:

MobileBits Corporation

Investor Relations

Phone: 941.309.5356

Fax: 941.309.5257

Email: ir@mobilebits.com



For Additional Information about Investorideas.com:

Dawn Van Zant: 800-665-0411 - dvanzant@investorideas.com Source – Investorideas.com

http://www.mobilebits.com/

Investorideas.com - Energy Stocks; Top Energy Executive and Institutional Investor Beats S&P Again

Investorideas.com - Energy Stocks; Top Energy Executive and Institutional Investor Beats S&P Again

News and Stories Published at Clean Energy Stocks Blog.for Green Investors:Research Renewable Energy and water stocks as an Investor Ideas member and gain access to global green stock directories.Our Goal; One Million More Investors Investing in Green Technology and Water Technology in 2010. Join us today:http://www.investorideas.com/membership/

Wednesday, April 21, 2010

Energy Stock Indigo-Energy (OTCBB: IDGG) Announces Oil Production in the Illinois Basin


HENDERSON, Nev. – April 21, 2010 (Investorideas.com energy newswire) – Indigo-Energy, Inc. (OTCBB: IDGG) is pleased to announce today that is producing oil from its horizontal oil well, the "D-1," recently completed in the Illinois Basin. The well began flowing commercial grade oil about one week ago and is now consistently producing approximately 80 barrels per day. The Company believes that continued adjustments to the well and down-hole pump may cause increased production in the coming weeks. In addition to the oil production, this well is also producing natural gas at a flow rate of approximately 200 MCFD (thousand cubic feet per day). Because of this additional production development, a new gas line has been run to the well site so the natural gas can be gathered and sold simultaneously with the oil, making the D-1 both a gas and oil producing well.


INDIGO's President and CEO Steve Durdin stated, "I am thrilled to be able to share this exciting news with our shareholders today. The oil production we are announcing today along with the stability of oil prices over the past several months represent the continued fulfillment of the business plan for INDIGO's shareholders and drilling partners. Even at current production levels the Company anticipates an ability to liquidate the remaining payables associated with the initial drilling as well as begin to return a substantial profit by the end of next quarter."


INDIGO is also pleased to announce that it has made significant progress in its efforts to clear all the hurdles to begin selling the natural gas from the three additional gas wells that were drilled and recently completed. A natural gas purchase agreement has been signed and the field gas samples submitted for quality testing have been completed and approved by the pipeline company. These procedures are in addition to other steps completed over the past two months including the completion of state regulatory inspections and the replacement of production hardware at the pipeline tap. In the coming days INDIGO will make some additional adjustments to the down-hole pump located in the vertical connector gas well, the "Hub," and anticipates flowing gas into the pipeline system shortly. As was announced at the end of March the company and its operating partners have already flared millions of cubic feet of natural gas during the testing and preproduction stage of this project and are eager to clear the last requirements to begin sales.


Drdin concluded, "As we make final adjustments in our natural gas production efforts we will continue to fulfill every step necessary to ensure maximum sustainable production and I believe we are very close to that point." Durdin added finally that, "We expect completion of these final steps and getting into production on the Hub well within the next two to three weeks."


About Indigo-Energy, Inc.:

Indigo-Energy Inc. is an independent Nevada energy company, engaged in the drilling, development, production and acquisition of certain oil and gas reserves located in different geological regions around the United States. This involves drilling of developmental oil and gas wells at the different program sites on proven reserves. It also includes the purchase of producing oil and gas wells, and existing oil and gas leasehold interests.



Safe Harbor: Statements contained in this press release that are not based upon current or historical fact are forward looking in nature. Such forward- looking statements are subject to risks and uncertainties, which could cause actual results to differ materially from estimated results. Management cautions that all statements as to future results of operations are necessarily subject to risks, uncertainties, and events that may be beyond the control of Indigo-Energy, Inc. and no assurance can be given that such results will be achieved. Potential risks and uncertainties include, but are not limited to, the ability to successfully complete drill projects, adapt to changes in technology, and energy competition.

Contact:

Indigo-Energy, Inc.

Investor Relations:

Cathy Root, 1-702-990-3387

http://www.indigo-energy.com/

Disclosure: IDGG is a paid advertising client on Investorideas.com and our energy, natural gas, and oil and gas portals.

Visit the IDGG showcase profile at Investorideas.com
Request News and Info on IDGG

Published at the Investor Ideas Newswire at http://www.investorideas.com/

Investors: Sign up for free newsletter, stock and sector news alerts at Investorideas.com - Or publish your own stock picks and share your investing and trading ideas with other investors. Publish your investor ideas today!



Investorideas.com goal for 2010: 'One Million Members Stronger', empowering one million investors to invest in innovation and technology for a better world. Join us today!



Disclaimer: The following news is paid for and /or published as information only for our readers. Investorideas.com is a third party publisher of news and research .Our sites do not make recommendations, but offer information portals to research news, articles, stock lists and recent research. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. This site is currently compensated by featured companies, news submissions and online advertising.

Wednesday, April 14, 2010

Investorideas.com - INVESTORIDEAS.COM TECH STOCK PROFILE FOR MOBILEBITS CORPORATION (OTCBB: MBIT)

Investorideas.com - INVESTORIDEAS.COM TECH STOCK PROFILE FOR MOBILEBITS CORPORATION (OTCBB: MBIT)
INVESTORIDEAS.COM TECH STOCK PROFILE FOR MOBILEBITS CORPORATION (OTCBB: MBIT)
Innovator in Mobile Search Technology

Delta B.C. - April 14, 2010 – (Investorideas.com newswire) www.InvestorIdeas.com and its leading tech investor portal, announce a new mobile search showcase stock, MobileBits Holdings Corp. (OTCBB: MBIT) http://www.mobilebits.com/.


The MobileBits Profile Page on Investorideas.com is located at: http://www.investorideas.com/CO/MBIT/

The Company’s product, MobileBits™, is an automated mobile search engine service that provides the quickest and easiest way to access the leading web content from a mobile phone. Consumers simply type in their question and with one click MobileBits™ recognizes the query and provides an answer, not links, in return. The service is available for free on almost every mobile phone through a downloadable application or web browser.
The Company will generate revenue through its ad-matching system; connecting highly targeted advertising campaigns to relevant answers and consumer interests – as determined by the type of question asked. This approach greatly increases the probability that consumers will pay attention to a particular retailer’s ‘call to action’.

ccording to a recent article in Mobile Marketer, “advertising is going to break out in 2010, with average spend increasing 80 percent.”

http://www.mobilemarketer.com/cms/news/research/5699.html


“For Google (Nasdaq: GOOG), Mobile search advertising revenues are expected to increase from $20 million in 2008 to $1.3 billion in 2013, a compounded annual growth rate of 130.5 percent.”

http://www.mobilemarketer.com/cms/opinion/columns/5716.html


Follow MobileBits on Twitter.com: http://twitter.com/MobileBitsCorp



Request News & Updates from MobileBits http://www.investorideas.com/Resources/Newsletter.asp


About InvestorIdeas.com:

InvestorIdeas.com is a leading global investor and industry research resource portal specialized in sector investing covering over thirty industry sectors and global markets including China, India, the Middle East and Australia.
Disclaimer: The following company profile is a paid for submission. Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured companies, news submissions, company profile submissions and online advertising. http://www.investorideas.com/About/Disclaimer.asp

Disclosure: http://www.investorideas.com/About/News/Clientspecifics.asp


For Additional Information about Investorideas.com:

Dawn Van Zant: 800-665-0411 - dvanzant@investorideas.com Source – Investorideas.com

http://www.mobilebits.com/


About MobileBits

MobileBits Holdings Corp.is a global technology company that provides answers and highly targeted advertisements through its MobileBits™ answer engine, available on mobile phones through the Company’s web and smartphone applications. The Company offers a wide range of answers on a broad scope of web-based content.



To learn more, visit www.mobilebits.com.



For more information contact:

Media Relations:

MobileBits

T: (941) 309-5356

E: media@mobilebits.com

or

Investor Contact:

MBC Investor Relations

E: ir@mobilebits.com

Tuesday, April 13, 2010

MobileBits (OTCBB:MBIT) to Set New Standards in Mobile Search Marketplace

SARASOTA, Fla. - April 13, 2010 (http://www.investorideas.com/ Tech Stocks Newswire) - MobileBits Holdings Corp., (OTC Bulletin Board:MBIT.ob), a global technology company, today announced its plans to launch the world's first automated mobile answer application, MobileBits™. With MobileBits™, consumers will now be able to ask questions and quickly receive relevant answers and information on a broad scope of content.


Designed specifically to meet the needs of mobile consumers, the MobileBits™ application will simplify access to a world of content and enhance performance by delivering answers, not links, to search queries. The mobile community will be able to ask questions on a wide variety of information such as "What is the status of Southwest flight 2974?" or "What is the 52 week high for MBIT?".
"Experiences in our past projects have demonstrated there is enormous value in the ability to connect the mobile community to specific information in the fewest clicks," said Walter Kostiuk, MobileBits Founder. "MobileBits leverages millions of dollars in technology search assets and many years of know-how to capitalize on this valuable marketplace and deliver an easy-to-use solution that returns answers with accurately matched advertisements."


MobileBits™ will offer its answer engine free of charge to consumers. The Company intends to generate revenue through its proprietary ad-matching system; connecting highly targeted advertisements to answers and consumer interests – as determined by the type of questions asked and their location. The Company believes this approach to targeting mobile ads will increase the probability that consumers will pay attention to a particular retailer 'call to action'.



"The value of the mobile economy increases exponentially when consumers are connected with relevant and compelling advertising at the exact time of their interest," Kostiuk further states.


Available this year, MobileBits™ plans to offer applications on the leading smartphones and will also be accessible on any device with an internet browser. Initially available in English, the Company plans to support multiple languages to increase its global market.


About MobileBits
MobileBits Holdings Corp. is a global technology company that provides answers and highly targeted advertisements through its MobileBits™ answer engine, available on mobile phones through the Company's web and smartphone applications. The Company offers a wide range of answers and information on a broad scope of web-based content.

To learn more, visit http://www.mobilebits.com/.

For more information contact:
Investor Contact:

MBC Investor Relations E: ir@mobilebits.com



Forward-Looking Safe Harbor Statement:

This press release contains forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. By their nature, forward-looking statements and forecasts involve risks and uncertainties because they relate to events and depend on circumstances that will occur in the near future. There are a number of factors that could cause actual results and developments to differ materially from forecasted results. These risks and uncertainties include our ability to: attract end users; attract advertisers; our ability to successfully implement our current long-term growth strategy; as well as product demand, market competition, fluctuations in advertising payouts, delays in website & application development, technical issues beyond our control, reliance on the various platforms that we build applications on, and risks inherent in our operations. For a discussion of these risks and uncertainties, please see our filings with the Securities and Exchange Commission. Our public filings with the SEC are available from commercial document retrieval services and at the website maintained by the SEC at http://www.sec.gov.



Disclosure: MBIT is a paid advertising client on Investorideas.com and our tech portals.

Visit the MBIT showcase profile at Investorideas.com- http://www.investorideas.com/CO/MBIT/
Request News and Info on MBIT

Monday, April 12, 2010

Energy Stocks; ConocoPhillips (NYSE:COP ) Agrees to Sell Syncrude Stake to Sinopec

HOUSTON--(www.Investorideas.com energy newswire )--ConocoPhillips (NYSE:COP ) announced today that it has entered into definitive agreements with subsidiaries of Sinopec International Petroleum Exploration and Production Company (SIPC) to sell its 9.03 percent interest in Syncrude for $4.65 billion. The transaction is anticipated to close in the third quarter of 2010 once Canadian and Chinese government approvals are obtained.

"This is an important step in the $10 billion divestiture program which we announced last October, and we are pleased that SIPC has recognized the value of this quality asset," said Jim Mulva, chairman and chief executive officer, ConocoPhillips. "The completion of this transaction demonstrates the strength of the asset base available to meet our asset sales goals.”



The sale of the Syncrude interest is just one part of ConocoPhillips’ plan to create value for shareholders through a continued focus on disciplined capital investment, a strengthened financial position, improved returns on capital, and growth in shareholder distributions.



Credit Suisse acted as the sole financial advisor to ConocoPhillips, and Osler, Hoskin and Harcourt acted as legal counsel to ConocoPhillips for this transaction.


ConocoPhillips is an integrated energy company with interests around the world. Headquartered in Houston, the company had approximately 30,000 employees, $153 billion of assets, and $149 billion of revenues as of December 31, 2009. For more information, go to www.conocophillips.com.

CAUTIONARY STATEMENT FOR THE PURPOSES OF THE "SAFE HARBOR" PROVISIONS OF THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995


This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended, which are intended to be covered by the safe harbors created thereby. Forward-looking statements relate to future events and anticipated results of operations, business strategies, and other aspects of our operations or operating results. In many cases you can identify forward-looking statements by terminology such as "anticipate," "estimate," "believe," "continue," "could," "intend," "may," "plan," "potential," "predict," "should," "will," "expect," "objective," "projection," "forecast," "goal," "guidance," "outlook," "effort," "target" and other similar words. However, the absence of these words does not mean that the statements are not forward-looking. Where, in any forward-looking statement, the company expresses an expectation or belief as to future results, such expectation or belief is expressed in good faith and believed to have a reasonable basis. However, there can be no assurance that such expectation or belief will result or be achieved. The actual results of operations can and will be affected by a variety of risks and other matters including, but not limited to, crude oil and natural gas prices; refining and marketing margins; potential failure to achieve, and potential delays in achieving expected reserves or production levels from existing and future oil and gas development projects due to operating hazards, drilling risks, and the inherent uncertainties in interpreting engineering data relating to underground accumulations of oil and gas; unsuccessful exploratory drilling activities; lack of exploration success; potential disruption or unexpected technical difficulties in developing new products and manufacturing processes; potential failure of new products to achieve acceptance in the market; unexpected cost increases or technical difficulties in constructing or modifying company manufacturing or refining facilities; unexpected difficulties in manufacturing, transporting or refining synthetic crude oil; international monetary conditions and exchange controls; potential liability for remedial actions under existing or future environmental regulations; potential liability resulting from pending or future litigation; general domestic and international economic and political conditions, as well as changes in tax and other laws applicable to our business. Other factors that could cause actual results to differ materially from those described in the forward-looking statements include other economic, business, competitive and/or regulatory factors affecting our business generally as set forth in our filings with the Securities and Exchange Commission (SEC). Unless legally required, ConocoPhillips undertakes no obligation to update publicly any forward-looking statements, whether as a result of new information, future events or otherwise.



Costs incurred include capitalized and expensed items as defined by the Financial Accounting Standards Board Codification Topic 932 for the company’s oil and gas exploration and production operations.
 
 
__________________________________
More energy stocks info
The Investorideas.com oil and gas stocks directory currently has over 500 publicly traded stocks from multiple global stock exchanges including TSX and ASX. The comprehensive the Natural Gas Stocks Directory gives investors a list of stocks on the TSX, ASX, OTC, NASDAQ and NYSE.
http://www.investorideas.com/OGSN/Stock_List.asp

Friday, April 09, 2010

Energy Stocks; Atlas Energy, Inc. (NASDAQ: ATLS ) Announces $1.7 Billion Marcellus Shale Joint Venture with Reliance Industries



Atlas Management to Host Conference Call at 9AM ET on Monday, April 12th to Discuss the Joint Venture Transaction


PITTSBURGH--(www.Investorideas.com energy newswire)--Atlas Energy, Inc. (NASDAQ: ATLS ) (“Atlas” or “the Company”) announces today its entry into a joint venture transaction with a wholly owned affiliate of Reliance Industries Limited (“Reliance”), the largest private sector company in India and a global energy leader, pursuant to which Atlas will transfer an interest in its Marcellus Shale position equal to 120,000 net acres in a transaction valued at $1.7 billion. Reliance will pay approximately $340 million in cash upon closing and an additional $1.36 billion in the form of a drilling carry. Atlas will serve as the development operator for the joint venture. Reliance will have the option to operate in certain project areas in the coming years outside of Atlas’ core operating areas of Fayette, Greene, Washington, and Westmoreland Counties in southwestern Pennsylvania.

Pursuant to the agreement, Reliance will acquire a 40% undivided interest in approximately 300,000 net acres (120,000 net to Reliance) of undeveloped leasehold held by Atlas, and Atlas will retain a 60% undivided interest in the acreage. In addition to funding its own 40% of drilling obligations, Reliance has agreed to fund 75% of Atlas’ respective portion of drilling and completion costs until the $1.36 billion drilling carry is fully utilized. Atlas has 5-1/2 years to utilize the drilling carry, subject to a two-year extension under certain conditions. Atlas and Reliance have agreed upon a five-year development plan that calls for the drilling of 45 horizontal Marcellus Shale wells for the joint venture during the remainder of 2010, increasing to 108 wells in 2011, 178 wells in 2012, and 300 wells in 2013 and 2014.


Atlas will act as the sole leasing agent for the joint venture in the area of mutual interest (“AMI”). In the near future, Atlas and Reliance expect to considerably grow the joint venture’s Marcellus Shale leasehold position within the AMI. Reliance will have the option to acquire a 40% share of such new acreage under terms comparable to those agreed to by Atlas, with each party paying its proportionate share of acquisition costs. In addition, if Atlas decides to sell all or part of the 280,000 additional Appalachian acres currently controlled by it, but excluded from the joint venture and not included in the AMI, Atlas has granted Reliance a right to purchase such acreage at a price of $8,000 per acre. Reliance also receives a right of first offer with respect to potential future sales of this acreage by Atlas at lower prices. This acreage is located predominantly in Mercer, Crawford, and other Pennsylvania counties not currently included in Atlas’ core Marcellus area of southwestern Pennsylvania.



“We are excited by this opportunity to partner with Reliance, one of the world’s largest vertically integrated energy companies, and one that has demonstrated exceptional capability in all aspects of the energy business. We believe that this joint venture will greatly increase the value of Atlas’ business,” commented Edward E. Cohen, Chairman and Chief Executive Officer of Atlas Energy. “This transaction will enable us to accelerate sharply our development of the Marcellus while further reducing our already low finding and development costs and our capital structure will immediately benefit from reduced leverage and enhanced liquidity. As a result of this joint venture, we anticipate creating a significant number of new, well-paying Pennsylvania jobs. Pennsylvania will also benefit from our strong commitment to the highest environmental and safety standards."

Reliance Industries Limited, an India-based industrial enterprise, is one of the largest refiners and petrochemical producers in the world. Its recent market capitalization was over $78 billion and Reliance currently produces almost 3 Bcfe per day of oil & gas production from their E&P operations.

The purchase and sale is subject to certain closing conditions, including the consent of participating lenders under Atlas’ senior secured credit facility. The transaction is expected to close in April 2010.


Jefferies & Company, Inc. acted as lead financial advisor and J.P. Morgan Securities, Inc. acted as financial advisor to Atlas Energy on the joint venture transaction. Jones Day, Ledgewood and Wachtell, Lipton, Rosen & Katz acted as legal counsel to Atlas Energy.

Interested parties are invited to access the live webcast of an investor call with Atlas Energy’s management regarding the joint venture transaction on Monday, April 12, 2010 at 9:00 am ET by going to the Investor Relations section of Atlas Energy’s website at www.atlasenergy.com. For those unavailable to listen to the live broadcast, the replay of the webcast will be available following the live call on the Atlas Energy website and telephonically beginning at 11:00 am ET on April 12, 2010 by dialing 888-286-8010, passcode: 93641727.



Atlas Energy, Inc. is one of the largest independent natural gas producers in the Appalachia and Michigan Basins and a leading producer in the Marcellus Shale in Pennsylvania. Atlas Energy, Inc. is also the country’s largest sponsor and manager of tax-advantaged energy investment partnerships. Atlas Energy, Inc. also owns 1.1 million common units in Atlas Pipeline Partners, L.P. (NYSE: APL - News) and a 64% interest in Atlas Pipeline Holdings, L.P. (NYSE: AHD - News), a limited partnership which owns the general partner interest of APL. Atlas Pipeline Partners, L.P. is active in the gathering and processing segments of the midstream natural gas industry. In the Mid-Continent region in Oklahoma and Texas, APL owns and operates eight active gas processing plants and a treating facility, as well as approximately 10,300 miles of active intrastate gas gathering pipeline. In Appalachia, APL is a 49% joint venture partner with The Williams Companies in Laurel Mountain Midstream, LLC. For more information, please visit our website at www.atlasenergy.com, or contact Investor Relations at InvestorRelations@atlasenergy.com.



Cautionary Note Regarding Forward-Looking Statements

This document contains forward-looking statements that involve a number of assumptions, risks and uncertainties that could cause actual results to differ materially from those contained in the forward-looking statements. Atlas Energy, Inc. cautions readers that any forward-looking information is not a guarantee of future performance. Such forward-looking statements include, but are not limited to, statements about future financial and operating results, resource potential, the Company’s plans, objectives, expectations and intentions and other statements that are not historical facts. Risks, assumptions and uncertainties that could cause actual results to materially differ from the forward-looking statements include, but are not limited to, those associated with general economic and business conditions; changes in commodity prices; changes in the costs and results of drilling operations; uncertainties about estimates of reserves and resource potential; inability to obtain capital needed for operations; the Company’s level of indebtedness; changes in government environmental policies and other environmental risks; the availability of drilling equipment and the timing of production; tax consequences of business transactions; and other risks, assumptions and uncertainties detailed from time to time in the Company’s reports filed with the U.S. Securities and Exchange Commission (the “SEC”). Forward-looking statements speak only as of the date hereof, and the Company assumes no obligation to update such statements, except as may be required by applicable law.
 
_______________________________________
 
energy investor info-
Energy Investors can research energy stocks with the natural gas stocks directory:
http://www.investorideas.com/Companies/NaturalGas/Stock_List.asp
The oil and gas stocks directory lists publicly traded stocks from multiple global stock exchanges including TSX, ASX, OTC, NASDAQ and NYSE.
http://www.investorideas.com/OGSN/stock_list.asp

Investors also have the option to access the directory as part of the Investor Ideas Membership premium content. The full directory is now available to Investor Ideas members as part of the annual membership that currently features 10 stock directories and investor newsletter, including an oil and gas stocks directory.


Join Investor Ideas in the 2010 Campaign- One Million Members Stronger - Learn more about becoming a member http://www.investorideas.com/membership/

Thursday, April 08, 2010

Karl Miller : “EU, House of Cards Economically”

Energy Investing News; Energy Commentary from Karl Miller

Delta B.C., April 8, 2010 (Investorideas.com energy newswire) - www.InvestorIdeas.com, a leading investor research portal updates investors with recent commentary from regular contributor, energy executive, Karl Miller.

As oil prices decline for the second day, and markets pull back on Greece debt concerns, Mr. Miller notes: "The European Union continues to be a house of cards economically with a very weak economic foundation being further eroded by Greece, Portugal, Spain and Italy. Expect more fiscal problems to be uncovered which will further degrade the Euro, drive global interest rates up, an force capital to pull back across the board."

Yesterday’s column excerpt –

Take Profits Across the Board in the Energy Sector
Upon further analysis, Mr. Miller is moving from a "hold rating" to actively taking profits across his entire energy portfolio based upon his personal opinion that the equity markets have gotten well ahead of all logical fundamentals, looming residential and commercial debt write downs in the billions of US Dollars, and absolute rising interest rates in the ten to 30 year range ahead for the US Government Debt. The cost of borrowing is going to rise in for the US Government sooner rather than later, and this will take fiscal policy matters out of the hand of the US Federal Reserve and place them in the hands of the institutional market investors. This will also force additional friction with Euro and with the China devaluation is still in question, more uncertainty.

Full article- http://www.investorideas.com/Companies/NaturalGas/Karl_Miller/news/4071.asp

Mr. Miller is acclaimed for multiple ground breaking market calls and investments, including the U.K switching from a net gas exporter to a net gas importer in 2000, called the California energy crisis in 2001, called the Ethanol and Bio diesel boom and bust in 2007, called the renewable energy boom and bust cycle underway in 2008, and most recently called the revival of natural gas in the United States in 2009.

Mr. Miller is a globally recognized energy executive and institutional investor with a balance of both financial and energy sector expertise. Mr. Miller began his career on Wall Street during the 1980s and has an extensive background in banking, commodities trading and risk management.

Mr. Miller has a long history in the global energy business and has held a variety of executive management positions both within the United States, Europe and Asia. Mr. Miller has bid on over $25 billion in energy related assets during his career.

Mr. Miller has built, restructured and managed energy businesses for major public energy companies on several continents, including PG&E Corporation, Electricite de France, El Paso Energy, Enron Corporation and JPMorgan Chase.

Investors following the energy sector can also follow Karl Miller in the energy news RSS feed. Subscribe here:
http://www.investorideas.com/RSS/feeds/Energy.xml

Energy Investors can research energy stocks with the natural gas stocks directory: http://www.investorideas.com/Companies/NaturalGas/Stock_List.asp

The oil and gas stocks directory lists publicly traded stocks from multiple global stock exchanges including TSX, ASX, OTC, NASDAQ and NYSE.

http://www.investorideas.com/OGSN/stock_list.asp

Investors also have the option to access the directory as part of the Investor Ideas Membership premium content. The full directory is now available to Investor Ideas members as part of the annual membership that currently features 11 stock directories and investor newsletter, including an oil and gas stocks directory.


Join Investor Ideas in the 2010 Campaign- One Million Members Stronger - Learn more about becoming a member http://www.investorideas.com/membership/


about InvestorIdeas.com:

InvestorIdeas.com is a leading global investor and industry research resource portal specialized in sector investing covering multiple industry sectors including water, mining, renewable energy, energy, biotech, defense and global markets including China, India, Middle East and Australia. The website covers several sectors but has a focus on environment and water. Investorideas.com meets the needs of retail investors, public companies and entrepreneurs with unique tools and services ranging from stock directories, newsfeeds, funding directories and more.

Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured companies, news submissions and online advertising. www.InvestorIdeas.com/About/Disclaimer.asp



For Additional Information:
Dawn Van Zant: 800-665-0411 - dvanzant@investorideas.com

Source – Investorideas.com

Tuesday, April 06, 2010

Nanotechnology Stocks update for Investors Following Nanotech Stocks ; (NasdaqGM: NANX) early gainer on NASDAQ



Delta B.C. –April 6, 2010 www.NanotechnologyInvestment.com, a leading investor and industry portal for the Nanotechnology sector, updates investors following nanotech stocks .

In early trading today, nanotech stock, Nanophase Technologies Corporation (NasdaqGM: NANX) was one of the advanced gainers at http://www.nasdaq.com/. The stock has a trading range mid morning of $1.77 - $2.14.
About Nanophase Technologies

Nanophase Technologies Corporation (NANX), http://www.nanophase.com/, is a leader in nanomaterials technologies and provides nanoengineered solutions for multiple industrial product applications. Using a platform of patented and proprietary integrated nanomaterial technologies, the Company creates products with unique performance attributes from two ISO 9001:2000 and ISO 14001 facilities. Nanophase delivers commercial quantity and quality nanoparticles, coated nanoparticles, and nanoparticle dispersions in a variety of media.



Investorideas.com recently added the nanotech stocks directory to part of its premium members content .Investorideas.com Members currently have access to eleven stock directories in leading sectors including renewable energy, water, oil and gas, natural gas, environment, fuel cell, biotech, defense stocks, coal stocks and gold- mining stocks in addition to the most recently created stock directory; nanotech stocks .

Nanotechnology Stocks Directory: Investorideas.com global stock directory of publicly traded nanotech stocks on the TSX, TSX Venture, OTC, NASDAQ, AMEX, NYSE, ASX, AIM, Hong Kong and China and other leading Stock Exchanges. Directory includes nanotech- biotech companies, nanotech water and renewable energy companies and more. Directory features company description, stock symbol and hyperlink to recent quote and info, link to website and more.

Nanotech Stock List April 2010
Preview:

3M Co. (NYSE:MMM) 3M scientists and researchers are exploring a new world at the nanometer level, where materials exhibit unique physical, chemical and biological properties. These unusual properties are already being exploited in our hard coatings, dental restoratives and brightness-enhancing optical films (used in LCD displays). Many 3M technology platforms, including adhesives and pharmaceuticals, are being influenced by the emergence of nano-sized particles.

A123 Systems, Inc. (NasdaqGM:AONE) develops and manufactures advanced lithium-ion batteries and battery systems for the transportation, electric grid services and consumer markets. Founded in 2001 and headquartered in Massachusetts, A123 Systems' proprietary nanoscale electrode technology is built on initial developments from the Massachusetts Institute of Technology.

ABB Ltd. (NYSE:ABB) is a leader in power and automation technologies that enable utility and industry customers to improve performance while lowering environmental impact. The ABB group of companies operates in some 100 countries and employs approximately 120,000 people. The ABB Corporate Research facilities in both Sweden and Poland are currently working on nanotechnology and advanced materials technologies.

Abraxis Bioscience (NasdaqGS:ABII) is a fully integrated biotechnology company dedicated to delivering progressive therapeutics and core technologies that offer patients and medical professionals safer and more effective treatments for cancer and other critical illnesses. The Abraxis portfolio includes the world's first and only protein-based nanoparticle chemotherapeutic compound (ABRAXANE) which is based on its proprietary tumor targeting system known as the nab™ Technology platform.

Accelrys (NasdaqGM:ACCL) develops scientific business intelligence software and solutions for the life sciences, energy, chemicals, aerospace, and consumer products industries. Our customers include many Fortune 500 companies and other commercial entities, as well as academic and government entities. The Accelrys Nanotechnology Consortium has delivered a range of cutting-edge software tools to meet the challenges of rational nanodesign. Following a very successful Phase I, supported by over 30 members worldwide, Phase II is now under way. Phase II focuses on developing tools and protocols that bridge the gap between atomistic simulations and engineering applications in the area of reaction kinetics. Key areas of development include QM/MM hybrid methods, Tight Binding DFT, reaction rate constant calculations by means of Transition State Theory, and Kinetic Monte Carlo simulation. The tools developed support research in a range of areas but specificially in surface and iinterface phenomena such as adhesion, coatings and heterogeneous catalysis.

Nanotechnology Stocks Directory: Investorideas.com global stock directory of publicly traded nanotech stocks on the TSX, TSX Venture, OTC, NASDAQ, AMEX, NYSE, ASX, AIM, Hong Kong and China and other leading Stock Exchanges. Directory includes nanotech- biotech companies, nanotech water and renewable energy companies and more. Directory features company description, stock symbol and hyperlink to recent quote and info, link to website and more. http://www.investorideas.com/Nanotechnology/Stocks_List.asp


More info on nanotech stocks can be found at the nanotechnology investor portal, http://www.nanotechnologyinvestment.com/, within Investorideas.com.

The nanotech stocks directory can be purchased independently or as part of the Investorideas.com membership.

Investorideas.com Members currently have access to eleven stock directories in leading sectors including renewable energy, water, oil and gas, natural gas, environment, fuel cell, biotech, defense stocks, coal stocks and gold- mining stocks in addition to the most recently created stock directory; nanotech stocks .

Visit the Investor Ideas membership page to learn more at:
http://www.investorideas.com/membership/


Investors are also reminded to sign for the free investor newsletter – the next great investor idea! Investors can sign up for the new free newsletter on the pop- up box on the home page of www.investorideas.com or the newsletter sign up page.

Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured companies, news submissions and online advertising. www.InvestorIdeas.com/About/Disclaimer.asp



For Additional Information and or interest in becoming a content /revenue partner:
Dawn Van Zant: 800-665-0411 - dvanzant@investorideas.com



Source – Investorideas.com

Investorideas.com - VALVE TECHNOLOGY COMPANY ADDS NEW ADVISORY DIRECTOR FROM ENERGY SECTOR

Investorideas.com - VALVE TECHNOLOGY COMPANY ADDS NEW ADVISORY DIRECTOR FROM ENERGY SECTOR

Oil and Gas Market Key Target for Hemiwedge (OTCPK: HWEG) Growth

CONROE, TX – April 6, 2010 (Investorideas.com energy newswire) – Hemiwedge Industries, Inc. (OTCPK: HWEG), a global supplier of engineered valves, today announced the appointment of Rodney W. Eads to its Advisory Board of Directors.





Resource investors can research gold and mining stocks with the mining stocks directory, featuring Gold Stocks, Silver Stocks, Uranium Stocks, Copper Stocks, Zinc Stocks and Precious Metals TSX, TSX Venture, OTC, NASDAQ, AMEX, NYSE, ASX, AIM and other leading Stock Exchanges.
http://www.investorideas.com/Gold_Stocks/Stocks_List.asp


Investors following mining stocks can purchase the mining stocks directory in a PDF format with hyperlinks to stocks symbol(s), company’s url and company’s description. The mining stocks directory page features a Paypal link and buy now button for easy online purchase.

Investors also have the option to access the directory as part of the Investor Ideas Membership premium content. The full directory is now available to Investor Ideas members as part of the annual membership that currently features an additional 9 stock directories and investor newsletter.

Monday, April 05, 2010

Bakken Oil Stocks Update at Investorideas.com; PetroBakken Energy (TSX: PBN.TO) One of Top Gainers on TSX

DELTA, B.C. April 5, 2010 (Investorideas.com energy newswire) – www.Investorideas.com
updates investors following energy stocks and Bakken oil stocks with recent news and developments.

PetroBakken Energy (TSX: PBN.TO) is one of the top gainers on the TSX today trading at $29.90 CAD, up $1.01 (3.50%).

Recent Bakken Stocks news –
PetroBakken Completes Acquisition of Result Energy

Thu Apr 1, 12:41 PM
CALGARY, ALBERTA--- April 1, 2010 - PetroBakken Energy Ltd. ("PetroBakken") (TSX: PBN.TO), a 58% owned subsidiary of Petrobank Energy and Resources Ltd. (TSX: PBG.TO), and Result Energy Inc. ("Result") (TSX VENTURE: RTE.V) are pleased to announce the closing today of the acquisition of Result by PetroBakken.
The acquisition was completed by way of plan of arrangement with 99.43% of Result shares voted approving the acquisition of Result by PetroBakken. PetroBakken acquired all of the outstanding shares of Result for total consideration of approximately $438 million, inclusive of Result's positive working capital. Result shareholders received $200 million in cash and 11.2 million PetroBakken shares. It is expected that the shares of Result will be de-listed from the TSX Venture Exchange at the close of business on Tuesday, April 6, 2010.
More – visit - http://www.petrobakken.com/
Investorideas.com recently added a new section to the current oil and gas stocks directory, expanding the current list to include a directory of Bakken play stocks.


Oil and Gas Stocks in US and Canada; Bakken Stocks Directory

Anterra Energy (TSX: AE-A.V) is an independent exploration, development and production company with an emerging focus on the use of advanced exploration technologies including 3-D imaging, horizontal drilling and multi-stage completions to systematically develop its portfolio of conventional and non-conventional oil and gas projects. The Company now holds a 15 2/3 section block (10,026 net acres) which is prospective for Bakken oil and Mississippian oil. Anterra plans a 3-D seismic program over the lands during the summer with drilling of the first Bakken well scheduled for the fall of 2010.



Arsenal Energy Inc. (TSX: AEI.TO) (FRANKFURT:A1E) Arsenal is a junior oil and gas company engaged in the exploration for, and development and production of, natural gas and oil reserves primarily in Alberta and North Dakota. Bakken Play Info

Basic Earth Science Systems Inc. (OTCBB: BSIC) is an independent oil and gas exploration company. BSIC activities are intended to capitalize on presence in the North Dakota and Montana portions of the Williston basin, the Denver-Julesburg basin of Colorado, the southern portions of Texas, and along the on-shore portions of the Gulf Coast. Rocky Mountain Region Map

Brigham Exploration Company (NasdaqGS: BEXP) Brigham Exploration Company is an independent exploration, development and production company that utilizes advanced exploration, drilling and completion technologies to systematically explore for, develop and produce domestic onshore oil and natural gas reserves. Historically, exploration and development activities have been focused in the Onshore Gulf Coast, the Anadarko Basin and West Texas. Beginning in Late 2005, BEXP began to acquire acreage within the Willison Basin in North Dakota and Montana, and have since then have invested a total of $169 million in drilling, and seismic in this region. In late 2007, the majority of our drilling capital expenditures shifted from the historically active areas in the Onshore Gulf Coast, the Anadarko Basin and West Texas to the Williston Basin. BEXP is currently targeting the Bakken, Three Forks and Red River objectives. At present, BEXP has approximately 483,506 gross and 307,474 net leasehold acres in the Williston basin and have identified over 800 horizontal drilling locations on our acreage



The full Bakken stocks directory, oil sands stock directory and full list of oil and gas stocks is available to investors at http://www.investorideas.com/OGSN/Stock_List.asp
The oil and gas stocks directory lists publicly traded stocks from multiple global stock exchanges including TSX, ASX, OTC, NASDAQ and NYSE.
http://www.investorideas.com/OGSN/Stock_List.asp


Additional Energy Stocks directories:
Natural Gas Stocks Directory (http://www.investorideas.com/Companies/NaturalGas/Stock_List.asp)

Global Directory of Publicly traded Natural Gas Stocks listed on the TSX, TSX Venture, OTC, NASDAQ, AMEX, NYSE, ASX, AIM and other leading global Stock Exchanges. The directory includes small cap, micro cap as well as large cap NYSE listed stocks for review. Natural gas stocks included range from LNG, Coal Bed Methane to exploration and producers in the sector . The directory in PDF format, features hyperlinks to stocks symbol(s), company's URL and company's description.

Renewable Energy Stocks Directory

(http://www.investorideas.com/Companies/RenewableEnergy/Stock_List.asp ) Global Green and Renewable Energy Stocks Directory in PDF format includes over 1000 stocks on the TSX, TSX Venture, OTC, NASDAQ, AMEX, NYSE, ASX, AIM and other leading global Stock Exchanges . The directory features hyperlinks to stocks symbol(s), company’s URL and company’s description. The directory includes info and links on Alternative Energy Funds, Biogas and Ethanol Stocks, Energy Efficiency Stocks, Flywheel Stocks, Fuel Cell Stocks, Geothermal Stocks, Hydrogen Production, Micro Turbine Stocks, Solar Stocks, Smart Grid Stocks, Green Transportation, Wind Power and Wind Energy Stocks and Green Infrastructure Stocks. For investors following green stocks, this is the most comprehensive global stock directory online.


Investor Ideas Members currently get login access to 11 stock directories including all cleantech stock directories. Visit the Investor Ideas membership page to learn more at:
http://www.investorideas.com/membership/


Investors are also reminded to sign for the free investor newsletter – the next great investor idea! Investors can sign up for the new free newsletter on the pop- up box on the home page of www.investorideas.com or the newsletter sign up page.



The Investorideas.com stock directories are also sold individually by several research firms and cleantech sites. For a list of current partners for Investorideas.com visit our partners and links resource page at http://www.investorideas.com/resources/.

About our Oil and Gas portal:

www.OilandGasStockNews.com (OGSN), a portal within the InvestorIdeas.com, provides investor research, stock news and energy links as well as a directory of public companies within the oil and gas sector.



About InvestorIdeas.com:

Investor Ideas is a global investor research portal specialized in sector investing. Investor Ideas was one of the first online investing and business resources providing in-depth research, news, investor tools and stock directories for renewable energy, homeland security and water. Investor Ideas has also gained SEO leadership for online investor research tools for mining stocks, natural gas stocks, nanotech stocks and other leading sectors. InvestorIdeas.com covers over twenty industry sectors and global markets including China, India, Middle East and Australia.

Investorideas.com provides free and premium content to investors. Investor Ideas members

Get login access to the most comprehensive stock directories online; currently 10 stock directories including renewable energy stocks, natural gas stocks and water stocks.





Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured companies, news submissions and online advertising. www.InvestorIdeas.com/About/Disclaimer.asp

Dawn Van Zant: 800-665-0411 - dvanzant@investorideas.com



Source: OilandGasStockNews.com and Investorideas.com
Energy Stocks; Pacific Asia Petroleum, Inc.(NYSE Amex:PAP) Announces Shareholder Approval of Acquisition of Oyo Oil Field Interest

Transaction is Expected to Close on or around April 7, 2010
HARTSDALE, N.Y.--(Investorideas.com energy newswire ) --Pacific Asia Petroleum, Inc. (NYSE Amex:PAP), a U.S.-based energy company engaged in the development, production and distribution of oil and gas, today announced that the Company’s shareholders voted to approve the acquisition of all of the interest of CAMAC Energy Holdings Limited and certain of its affiliates (“CAMAC”) in the Oyo Oilfield.


The proposals were described in the Company’s definitive proxy statement filed on March 19, 2010.

The result of the vote was tabulated and announced at the Company’s special meeting today at the Westchester Marriot in Tarrytown, New York, where more than 99% of the shares voted at the meeting approved all of the recommendations made with respect to this acquisition, including the issuance of shares to CAMAC which will constitute 62.74% of the outstanding shares of the Company, and the change of the Company’s name to “CAMAC Energy Inc.”


The Company anticipates completing and closing the transaction with CAMAC on or about April 7, 2010.

Company President and CEO, Frank Ingriselli, commented about the shareholders’ approval of the acquisition: “Today’s announcement is not only a statement of overwhelming approval from our shareholders for the transaction, but also a manifestation of their confidence in the Company’s future. We are very excited to close this acquisition around April 7 so that the value we anticipate to be generated for our shareholders from this acquisition and our continuing operations on our China assets can grow shareholder value.”



Located in deep water offshore of Nigeria, the Oyo Oilfield commenced production in December 2009. CAMAC currently owns 60% of the interest in the Oyo Oilfield, with the other 40% owned by the field’s operator, Nigerian Agip Exploration Ltd., a subsidiary of Italy’s ENI SpA. Upon the closing of the transaction, Pacific Asia Petroleum will acquire all of CAMAC’s interest in the Oyo Oilfield.



For more information on the transaction with CAMAC and the Oyo Oilfield, please visit www.papetroleum.com. All of the Company’s filings related to this acquisition are available at the SEC website at www.SEC.gov.



About Pacific Asia Petroleum, Inc.
Pacific Asia Petroleum, Inc. (NYSE Amex:PAP) is a U.S. publicly-traded energy company engaged in the development, production and distribution of oil and gas and is focused on early cash flow, high return projects. The Company controls the rights to significant gas acreage under contract in China and is a strategic partner with several major energy companies in high-value oil fields in China. The Company was founded in 2005 by a group of former senior Texaco executives and is led by President and CEO Frank C. Ingriselli. Pacific Asia Petroleum is headquartered in Hartsdale, New York, and also has offices in Beijing, China.



About CAMAC International Corporation:
Founded in 1986 and headquartered in Houston, Texas, CAMAC International Corporation is a privately-held, global energy corporation with interests in the exploration and production of crude oil and natural gas in West Africa and South America energy properties, engineering and consulting services, and crude oil and refined products trading for markets in Africa, Europe, North America and South America. In 2008, CAMAC earned revenues of $2.43 billion.



Cautionary Statement Relevant To Forward-Looking Information
This press release may contain certain “forward-looking statements” relating to the business of Pacific Asia Petroleum, Inc. (the “Company”) and its subsidiaries. All statements, other than statements of historical fact included herein are “forward-looking statements” including statements regarding: the general ability of the Company to achieve its commercial objectives; the business strategy, plans and objectives of the Company and its subsidiaries; and any other statements of non-historical information. Words such as “anticipates,” “expects,” “plans,” “projects,” “believes,” “seeks,” “estimates,” and similar expressions are intended to identify such forward-looking statements. The statements are based upon management’s current expectations, estimates and projections, are not guarantees of future performance, and are subject to a variety of risks, uncertainties and other factors, some of which are beyond the Company’s control and are difficult to predict, including those discussed in the Company's periodic reports that are filed with the SEC and available on its website (http://www.sec.gov). You should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. Unless legally required, Pacific Asia Petroleum undertakes no obligation to update publicly any forward-looking statements, whether as a result of new information, future events or otherwise.
 
____________________________
 
Energy stocks investor tools
Oil and Gas stocks Directory and Preview
http://www.investorideas.com/OGSN/Stock_List.asp
The oil and gas stocks directory, which currently has over 500 listed oil and gas stocks, is accessible by member login. Learn more about becoming a member at Investorideas.com

Additional Energy Stocks Directories:
Natural Gas Stocks Directory – Research Natural gas stocks
Renewable Energy Stocks Directory – Research Green Energy Stocks
Learn more -  http://www.investorideas.com/membership/
www.OilandGasStockNews.com (OGSN), a portal within the InvestorIdeas.com, provides investor research, stock news and energy links as well as a directory of public companies within the oil and gas sector.

InvestorIdeas.com Newswire