Monday, June 20, 2011

Red Fork Energy Limited (ASX: RFE) News; Mississippian Acres Exceed Initial Target

  • Mississippian Acres increased to plus 50,000 net acres
  • Red Fork now has an interest in approximately 250 high-grade sections across six Counties in the heart of the Mississippian play
  • Majority interest established in approximately 55 high-grade sections
  • Seismic data acquired and processed over one of the Company's initial development areas
  • Scheduled slots secured with preferred service company for completion operations
June 20, 2011 (Investorideas.com Energy Newswire) - Oklahoma based (Australian Securities Exchange listed) oil and gas exploration and production company Red Fork Energy Limited (ASX: RFE) ("Red Fork" or the "Company") is pleased to announce that it has successfully drilled, logged and cased three new wells at the 100% owned and operated shallow biogenic Woodford Shale play at East Oklahoma Central project.
Oklahoma based (Australian Securities Exchange listed) oil and gas exploration and production company Red Fork Energy Limited (“Red Fork” or the “Company”) is pleased to announce that its continuing leasing initiatives have delivered a further increase in its holdings in the exciting horizontal Mississippian oil and liquids rich gas play in Oklahoma.
Red Fork now holds in excess of 50,000 net (select high-grade) acres in the heart of the play.
The Company now has an interest in approximately 250 high-grade sections (640 acre tract) across six Counties, with a majority (controlling) interest secured in 55 of these sections. These controlled sections alone will support in excess of 165 horizontal drilling locations.
In addition, Red Fork has now acquired and processed seismic over a large area covering one of its initial development areas within the play. The data is currently being interpreted as the final step in planning for the orientation of laterals in the horizontal wells to be drilled in this area.
The Company has also secured scheduled slots with its preferred service company for completion operations on its first five horizontal wells. Drilling of the first of these horizontal wells will get underway shortly and the Company intends to maintain continuous operations (drilling, completion and testing) through to the end of this calendar year.
Further updates will be provided ahead of the spudding of the first horizontal well.
Yours faithfully
David Prentice
Managing Director
Forward Looking Statements
This announcement contains "forward-looking statements". Such forward-looking statements include, without limitation: estimates of future earnings, the sensitivity of earnings to oil & gas prices and foreign exchange rate movements; estimates of future oil & gas production and sales; estimates of future cash flows, the sensitivity of cash flows to oil & gas prices and foreign exchange rate movements; statements regarding future debt repayments; estimates of future capital expenditures; estimates of reserves and statements regarding future exploration results and the replacement of reserves; and where the Company expresses or implies an expectation or belief as to future events or results, such expectation or belief is expressed in good faith and believed to have a reasonable basis. However, forward looking statements are subject to risks, uncertainties and other factors, which could cause actual results to differ materially from future results expressed, projected or implied by such forward-looking statements. Such risks include, but are not limited to oil and gas price volatility, currency fluctuations, increased production costs and variances in reserves or recovery rates from those assumed in the company's plans, as well as political and operational risks in the countries and states in which we operate or sell product to, and governmental regulation and judicial outcomes. For a more detailed discussion of such risks and other factors, see the Company's Annual Reports, as well as the Company's other filings. The Company does not undertake any obligation to release publicly any revisions to any "forward looking statement" to reflect events or circumstances after the date of this release, or to reflect the occurrence of unanticipated events, except as may be required under applicable securities laws.
Red Fork Energy Limited (ASX: RFE) is a showcase energy stock on Investorideas.com
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Disclosure/Disclaimer: Red Fork Energy Limited (ASX: RFE) June 8 2011 - one month on Investorideas.com and energy blogs June 8 2011 (on thousand)
Oklahoma Energy Stock News; Osage (OTCBB: OEDV) and Partners Slawson, USEDC Top 11,000 Net Acres in Nemaha Ridge Horizontal Mississippian Project


SAN DIEGO - June 20, 2011 (Investorideas.com energy stocks newswire) - Osage Exploration and Development, Inc. (OTCBB: OEDV) along with its partners, Slawson Exploration Company and US Energy Development Corporation continues to expand their Nemaha Ridge Mississippian prospect by announcing another land acquisition milestone, topping 11,000 net mineral acres across 40 sections in Logan County, Oklahoma.
Slawson Exploration Company is the Operator of the project and owns 45%, US Energy Development Corporation owns 30%, and Osage Exploration has 25%.
"As we move forward in developing this project, we remain committed to expanding our footprint. While our Colombian assets continue to perform well, it is fair to say that we are very focused on building our Oklahoma exposure for the immediate future.
"It is a rare opportunity that we have with this Mississippian project. It is a tremendously economic target in its own right, and additionally this area has multiple formations that have historically produced oil and gas such as the Cherokee sands, Layton, Cleveland, Hunton Lime, Viola, Woodford Shale, and Oswego. It is anticipated that many of these formations may be found productive over the prospect acreage as development and analysis progresses," stated Kim Bradford, Chairman and CEO.
"We absolutely believe that we have years of drilling ahead of us because of the stacked-payzones, and our continually expanding acreage. We have acquired excellent leasehold interest and have joined forces with two of the most established, long-term successful drillers in the country. That is a formula for success, and we are genuinely excited about the near term prospects for our company," stated Greg Franklin, VP Exploration.
For a visual depiction of the horizontal drilling technique that will be utilized in the Nemaha Ridge project, click on the video link below:
http://www.osageexploration.com/video/index.htm
About Osage Exploration and Development, Inc.
Based in San Diego, California with production offices in Oklahoma City, Oklahoma, and executive offices in Bogot�, Colombia, Osage Exploration and Development, Inc. is an independent exploration and production company with interests in oil and gas wells and prospects in the US and Colombia. www.osageexploration.com
About Slawson Exploration Company, Inc.
Headquartered in Wichita, KS, with regional offices in Denver, Houston, and Oklahoma City, Slawson was founded in 1957. http://www.slawsoncompanies.com/exploration.html
About U.S. Energy Development Corporation
U.S. Energy Development Corporation was formed in 1980 as a successor to Oilmark & Company, Inc., founded in 1978. The company has consistently been ranked among the Top 50 Independent Oil & Natural Gas Drillers in the United States and is one of the largest drillers in both New York and Pennsylvania. Since 1980, U.S. Energy has acted as operator with respect to the drilling of more than 2,500 wells. www.usenergydevcorp.com
Safe Harbor Statement
The information in this release includes certain forward-looking statements as defined by the Securities and Exchange Commission that are based on assumptions that in the future may prove not to have been accurate. Those statements and Osage Exploration and Development, Inc. are subject to a number of risks, including production variances from expectations, volatility of product prices, inability to raise sufficient capital to fund its operations, environmental risks, competition, government regulation, and the ability of the Company to execute its business strategy, among others.
Contact:
Osage Exploration and Development, Inc.
Kim Bradford, President and CEO
Phone: 619-677-3956
Fax: 619-677-3964
kbradford@osageexploration.com
www.osageexploration.com
Osage Exploration and Development, Inc. (OEDV.OB) is a showcase oil and gas stock on Investorideas.com
Visit the company showcase profile at Investorideas.com
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Disclosure : (6 months starting May 24, 2011 thirty five hundred per month, 100,000 144 shares)
Wind Stock, Clean Wind Energy Tower, Inc. (OTCBB: CWET) Files "Active/Adaptive Building Structural Components" Patent

ANNAPOLIS, MD – June 20, 2011 (InvestorIdeas.com Newswire) – Clean Wind Energy Tower, Inc. (OTCBB: CWET) (the "Company") announced that the Company had filed with the United States Patent & Trademark Office “A Petition to Make Special Under the Accelerated Examination Program”, a patent application titled “Active/Adaptive Building Structural Components”.
The application describes and claims exclusive rights to an innovative building architecture involving a matrix of strong, lightweight structural members interlaced with specialized adaptive members that provide structural support to the matrix, but which also adaptively change shape when needed.
Ronald W. Pickett, Chairman and CEO, stated “This technology is key to building large and rugged structures that will endure the everyday stresses of thermal expansion and contraction, incident wind loading, and even seismic activity over a period estimated to exceed fifty years. We believe this patent application provides enormous benefits and advantages to our Dual Renewable Energy solution by providing additional structural integrity to our Tower and significantly differentiating Clean Wind Energy, Inc. as an extremely viable alternative energy source”.
About Clean Wind Energy, Inc. (OTCBB: CWET)
Clean Wind Energy, Inc., a wholly owned subsidiary of Clean Wind Energy Tower, Inc, is designing and preparing to develop, and construct large "Downdraft Towers" that use benevolent, non-toxic natural elements to generate electricity and clean water economically by integrating and synthesizing numerous proven as well as emerging technologies. In addition to constructing Downdraft Towers in the United States and abroad, the Company intends to establish partnerships at home and abroad to propagate these systems and meet increasing global demand for clean water and electricity. Clean Wind has assembled a team of experienced business professionals, engineers and scientists with access to the breakthrough energy research upon which this technology is founded and the proven ability to bring the idea to market. Clean Wind has filed several patents that the Company believes will further enhance this potentially revolutionary technology.
Contact
Clean Wind Energy, Inc.
1997 Annapolis Exchange Parkway Suite 300
Annapolis, Maryland 21401
Phone: 410-972-4713
E-mail: Info@cwetower.com
www.cleanwindenergytower.com
Investor Relations
Jody Janson
Phone: (855) 848-6937
Email: ir@cwetower.com
Cautionary Note Regarding Forward-Looking Statements
Statements included in this release may constitute "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Litigation Reform Act of 1995. Such statements involve a number of risks and uncertainties such as competitive factors, technological development, market demand and the Company's ability to obtain new contracts and accurately estimate net revenues due to variability in size, scope and duration of projects, and internal issues in the sponsoring client. Further information on potential factors that could affect the Company's financial results, can be found in the Company's various filings with the Securities and Exchange Commission (SEC).
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Disclaimer/ Disclosure: The following news is part of the Clean Wind Energy Tower, Inc. (OTCBB: CWET) advertising program with Investorideas.com. Clean Wind Energy, Inc. compensates investorideas.com (one thousand five hundred per month, 100,000 144 shares) to be showcased as a renewable energy stock within its hub of sites and blogs.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 its management and is not the opinion of Investorideas.com. Learn more: www.InvestorIdeas.com/About/Disclaimer.asp
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Friday, June 17, 2011

Biotech/Pharma Stocks; (OTCBB: AEMD), (NYSE: BMY ), (NasdaqGS: DNDN , (NYSE: GSK ) Take A New Approach to Cancer


Cancer Immunotherapy Advances Hold New Hope

Point Roberts, WA- June 17, 2011- Investorideas.com , an investor research portal specializing in sector research including biotech and pharma stocks, reports on advances in Cancer Immunotherapy featuring Aethlon Medical (OTCBB: AEMD), Bristol-Myers Squibb Company (NYSE: BMY ) ,Dendreon Corporation (NasdaqGS: DNDN ) and GlaxoSmithKline (NYSE: GSK ).

Immunotherapy is a treatment that uses the patient’s body immune system to help fight cancer. According to the American Cancer Society, “This can be done in a couple of ways:

stimulating your own immune system to work harder or smarter, or giving you immune system components, such as man-made immune system proteins. “

Biotech/Pharma Sector Snapshot Trading as of Close June 16th

Aethlon Medical (OTCBB: AEMD) closed at $0.10

Bristol-Myers Squibb Company (NYSE: BMY ) closed at $27.47,up 0.05 (0.18%

Dendreon Corporation (NasdaqGS: DNDN ) ended trading at $38.99, up 0.21 (0.54%), followed by additional gains in after hours trading.

GlaxoSmithKline (NYSE: GSK ) closed at $41.18



Aethlon Medical (OTCBB: AEMD) uses technology instead of drugs to help the patient’s immune system. The Hemopurifier®, the first medical device to selectively target the removal of infectious viruses and immunosuppressive proteins from the entire circulatory system. The company has discovered that the Hemopurifier® captures tumor-secreted exosomes that suppress the immune system of those afflicted with cancer.



Dendreon Corporation (NasdaqGS: DNDN ) was the first to receive FDA approval for its

PROVENGE® (sipuleucel-T) immune cell treatment of cancer. According to the company, it is the first autologous cellular immunotherapy AUTOLOGOUS CELLULAR IMMUNOTHERAPYPROVENGE is classified by the FDA as an autologous cellular immunotherapy. It is designed to be an active cellular immunotherapy. Closeto receive FDA approval for the treatment of asymptomatic or minimally symptomatic metastatic castrate resistant prostate cancer. PROVENGE is designed to induce an immune response against prostate cancer.



Bristol-Myers Squibb Company (NYSE: BMY ) has (FDA) approval for YERVOY™ (ipilimumab) 3 mg/kg for the treatment of patients with unresectable (inoperable) or metastatic melanoma. YERVOY is the first and only therapy for unresectable or metastatic melanoma to demonstrate a significant improvement in overall survival based on results from a pivotal randomized, double-blind Phase 3 study. Median overall survival was 10 months (95% CI: 8.0-13.8) for YERVOY, 6 months (95% CI: 5.5-8.7) for gp100 and 10 months (95% CI: 8.5-11.5) for YERVOY + gp100, with p-values of 0.0026 (not adjusted for multiple comparisons) for YERVOY and 0.0004 for YERVOY + gp100 vs. gp100, respectively. As published in the New England Journal of Medicine, the Kaplan-Meier estimated survival rate at 1 year was 46% (95% CI: 37.0, 54.1) in the YERVOY arm vs. 25% (95% CI: 18.1, 32.9) in the gp100 arm. The estimated survival rate at 2 years was 24% (95% CI: 16.0, 31.5) in the YERVOY arm vs. 14%2 (95% CI: 8.0, 20.0) in the gp100 arm. YERVOY, which is a recombinant, human monoclonal antibody, is the first FDA-approved cancer immunotherapy that blocks the cytotoxic T- lymphocyte antigen-4 (CTLA-4).

Full News: http://www.investorideas.com/news/2011/main/03281.asp



GlaxoSmithKline (NYSE: GSK ) MAGE-A3 ASCI (Antigen-Specific Cancer Immunotherapeutic)

Is targeting melanoma and lung cancer.



Company Snapshot

About Aethlon Medical (OTCBB: AEMD)



At Aethlon Medical, we create revolutionary devices to address infectious disease and cancer. Our devices are designed to be novel platform solutions that fill therapeutic voids or aid in disease diagnosis and monitoring.



Our Hemopurifier® is the first medical device to selectively target the removal of infectious viruses and immunosuppressive proteins from the entire circulatory system. We recently discovered that our Hemopurifier® captures tumor-secreted exosomes that suppress the immune system of those afflicted with cancer. Prior to this discovery, a therapeutic strategy to directly inhibit or reverse the immunosuppressive destruction caused by exosomes did not exist in cancer care. By eliminating this mechanism, we believe our Hemopurifier® can fill an unmet clinical need and provide the benefit of an immune-based therapy without adding drug toxicity or interaction risks to established and emerging treatment strategies.



Human studies have documented the ability of our Hemopurifier® to safely reduce viral load in both Hepatitis-C virus (HCV) and Human Immunodeficiency Virus (HIV) infected patients without the administration of antiviral drugs. However, our initial clinical and commercialization focus is to establish our Hemopurifier® as an adjunct therapy to enhance the benefit of both infectious disease and cancer treatment regimens. In this regard, we plan to commercialize our Hemopurifier® in India as we advance our clinical strategies in the United States and the European Union. In vitro studies conducted by government and non-government research institutes have also verified that our Hemopurifier® has broad-spectrum capabilities against bioterror and emerging pandemic threats. These studies have confirmed the capture of Dengue Hemorrhagic Virus, Ebola Hemorrhagic Virus, Lassa Hemorrhagic Virus, West Nile Virus, H5N1 Avian Influenza Virus, 2009 H1N1 Influenza Virus, the reconstructed Spanish Flu of 1918 Virus, and Monkeypox Virus, which serves as a model for human Smallpox infection.



As a therapeutic device, the Hemopurifier® provides us with a pipeline into four significant market opportunities:

1.Cancer: A treatment candidate to improve patient responsiveness to established cancer therapies by removing immunosuppressive exosomes from circulation.

2.Hepatitis-C Virus (HCV): As an adjunct therapy to accelerate viral load reduction at the outset of standard of care drug regimens.

3.Human Immunodeficiency Virus (HIV): Provides a potential therapeutic option for HIV-infected individuals to manage disease progression once they become resistant to antiviral drug regimens.

4.Bioterror and Pandemic Threats: Represents the most advanced broad-spectrum strategy to address untreatable bioterror and emerging pandemic threats.



The Hemopurifier® is an expansive multi-patented platform technology whose mechanism of action can be leveraged to provide therapeutic, diagnostic, and biomarker discovery solutions. As a therapeutic, the Hemopurifier® is a single-use disposable cartridge designed for implementation within the established infrastructure of dialysis machines and other blood circulatory pumps already located in hospitals and clinics worldwide.



In design, our Hemopurifier® is a selective filtration device containing affinity agents that tightly bind to high-mannose structures unique to the surface of exosomes produced by cancer and glycoproteins residing on the envelope of viruses. These agents are immobilized around approximately 2800 porous hollow fibers that run the interior length of our device. The resulting design provides us the novel ability to separate both exosome and viral targets away from blood cells so they can then be selectively and permanently removed from the circulatory system. In application, blood circulation is established into the Hemopurifier® via a catheter or other blood access device. Once blood flow has been established, treatment benefit is immediate as the entire circulatory system can pass through the Hemopurifier® in as little as 15 minutes.



Our wholly owned subsidiary, Exosome Sciences, Inc. (ESI) is focused on the development of exosome-targeted products and services that improve cancer diagnosis, provide post-treatment cancer surveillance, and aid in the discovery of biomarkers that allow doctors to optimize patient therapy. Additional information regarding Aethlon Medical and Exosome Sciences can be accessed online at www.aethlonmedical.com.



Certain of the statements herein may be forward-looking and involve risks and uncertainties. Such forward-looking statements involve assumptions, known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Aethlon Medical, Inc. to be materially different from any future results, performance, or achievements expressed or implied by the forward-looking statements. Such potential risks and uncertainties include, without limitation, the company's ability to commercialize its Hemopurifier® in India, capability of the Hemopurifier® to reduce viral loads and other disease conditions or to identify or treat disease conditions such as cancer or Hepatitis-C, including the ability to capture exosomes and the impact that potential ability may have on disease conditions, the Company's ability to raise capital when needed, the Company's ability to complete the development of its planned products, the ability of the Company to obtain FDA and other regulatory approvals permitting the sale of its products, the Company's ability to manufacture its products either internally or through outside companies and provide its services, the impact of government regulations, patent protection on the Company's proprietary technology, product liability exposure, uncertainty of market acceptance, competition, technological change, and other risk factors. In such instances, actual results could differ materially as a result of a variety of factors, including the risks associated with the effect of changing economic conditions and other risk factors detailed in the Company's Securities and Exchange Commission filings.



Contacts:

James A. Joyce

Chairman, CEO

858.459.7800 x301

jj@aethlonmedical.com



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Research more biotech stocks at the Biotech stocks Directory: http://www.investorideas.com/BIS/Stock_List.asp



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Disclaimer/ Disclosure : The 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. AETHLON MEDICAL INC(OTC BB: AEMD ) Showcase biotech, biodefense and defense stock on Investorideas.com ( $one thousand five hundred per month, 200,000 144 shares )



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Source - Investorideas.com
Water Stocks Trading Snapshot : (NYSE: AWK) , (NYSE:ITT) ,(NASDAQ:PRMW) ,(OTCBB: WSCE )



Primo Water Corporation (NASDAQ:PRMW) trading at $12.98, up 1.72 (15.32%)

Water stocks Company Investor Hi- Light : ‘For every barrel of oil produced- 3 barrels of water are contaminated’- Wescorp (OTCBB: WSCE ) offers solution for oil industry

Point Roberts, WA- June 17,2011 – Investorideas.com , a leader in sector research including water stocks issues a trading alert for water stocks June 17th. Most of the water stocks are up in morning trading, with one of the top trading percentage gainers, Primo Water Corporation (NASDAQ:PRMW) trading at $12.98, up 1.72 (15.32%) .



Primo Water Corporation (NASDAQ:PRMW) announced the pricing of an underwritten public offering of 6,000,000 shares of common stock, consisting of 3,421,369 shares to be sold by Primo Water and 2,578,631 shares to be sold by certain selling stockholders (including Culligan International Company), at a price to the public of $11.26 per share. Primo Water Corporation is a rapidly growing provider of three-and five-gallon purified bottled water, self-serve filtered drinking water and water dispensers sold through major retailers throughout the United States and Canada.



Water Stocks Sector Trading Snapshot

American Water Works (NYSE: AWK) trading up at $28.89, up 0.11 (0.38%) 10:23AM EDT

Aqua America, Inc. (NYSE: WTR ) trading at $21.63. up 0.16 (0.75%) 10:23AM EDT

ITT Corporation (NYSE:ITT) trading at $56.03, up 0.17 (0.30%) 10:39AM EDT

Nalco (NYSE:NLC) trading at $26.29, up 0.46 (1.78%) 10:25AM EDT

Pentair, Inc. (NYSE: PNR) trading up at $37.82, up 0.23 (0.61%) 10:24AM EDT

Primo Water Corporation (NASDAQ:PRMW) trading at $12.98, up 1.72 (15.32%) 10:27AM EDT

Valmont Industries, Inc. (NYSE: VMI ) trading at $89.65, down 0.10 (0.11%) 10:33AM EDT

Watts Water Technologies, Inc. (NYSE: WTS ) trading up at $33.13, up 0.60 (1.84%) 10:31AM EDT

Wescorp Energy Inc. (OTCBB: WSCE ) trading up at $ 0.06, up 0.0050 (9.09%)


Research more water stocks with the Investorideas.com water stocks directory:
http://www.investorideas.com/Water-Stocks/Stock_List.asp

Water stocks Company Investor Hi- Light :

For every barrel of oil produced- 3 barrels of water are contaminated

Wescorp’s H2Omaxx solution for the industry-

About Wescorp Energy Inc. (OTCBB: WSCE )

Wescorp (www.wescorpenergy.com) is a clean water technology company focused on implementing its superior, low-cost, water purification solutions for the oil and gas production industry.

About the H2Omaxx Technology

H2Omaxx utilizes proprietary next generation aeration technology to clean and separate oil and solids from water. It is a proven safe, effective, economical and environmentally-friendly process.

Independent test results have shown the H20maxx technology to reduce the oil content in produced water to less than 10 parts per million without the use of chemicals, filters or heat.

Video

H2Omaxx Technology Tour
http://www.wescorpenergy.com/index.php?option=com_content&view=article&id=87&Itemid=212


About our water investor portal:

www.Water-Stocks.com, an investor portal within the InvestorIdeas.com content umbrella, offers water investors sector- close- ups, research tools, news, Blogs, online conferences, Podcasts , interviews and a directory of public companies within the water sector .



Investors following the sector can find research tools, news and global water stock directory to find opportunities within the growing sector. The stock directory features water stocks ranging from desalination companies to bottled water stocks, to infrastructure, water treatment and technology as well as other sub sectors.



Investorideas.com initiated a soft launch its new water newswire - www.waternewswire.com

for World Water Week to increase its coverage in the sector.



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Disclosure/disclaimer -Wescorp (OTCBB: WSCE is a previously paid advertising showcase stock by a third party; 2500 per month. Investorideas.com owns 65,000 shares) 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 news submissions and online advertising. Compensation Disclosure and disclaimers: www.InvestorIdeas.com/About/Disclaimer.asp, http://www.investorideas.com/About/News/Clientspecifics.asp



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Thursday, June 16, 2011

Clean Energy Stocks In the Green June 16th: First Solar (NasdaqGS: FSLR), Juhl Wind (OTCBB: JUHL), Premier Power (OTCBB: PPRW), Suntech (NYSE: STP)

June 16, 2011 (Investorideas.com renewable energy/green newswire) Investorideas.com, a leader in cleantech investor research, reports on trading for solar and renewable energy stocks trading for June 16th.
Solar stocks with operations in Germany received positive news that subsidized power prices paid for solar energy will not be cut back in July as originally planned. Germany is currently the world’s largest solar market. Suntech Power (NYSE: STP), the largest solar company, reacted to the news in the market trading as high as $8.15 in morning trading.
U.S. markets are up in morning trading based on positive home building and jobs data.
Renewable Energy Stocks Sector Snapshot:
  • First Solar, Inc. (NasdaqGS: FSLR ) trading at $118.38, up 1.62 (1.39%) 12:15PM EDT
  • Juhl Wind (OTCBB: JUHL) trading at $1.10, up 0.03 (2.80%)
  • Premier Power Renewable Energy, Inc(OTCBB: PPRW) trading at $0.65, up 0.05 (8.33%)
  • Suntech Power (NYSE: STP ) trading at $7.92, up 0.18 (2.33%) 12:18PM EDT
Research more solar and wind stocks: get a full list of global publicly traded solar stocks
http://www.investorideas.com/Companies/RenewableEnergy/Stock_List.asp
Market Snapshot:
  • Dow 11,979.20 +81.93 +0.69%
  • Nasdaq 2,639.32 +7.86 +0.30%
  • S&P 500 1,272.90 +7.48 +0.59%
  • 10 Yr Bond (%) 2.94% -0.0033
  • Oil 94.86 +0.05 +0.05%
  • Gold 1,528.40 +2.80 +0.18%
Company Snapshots
Juhl Wind (OTCBB: JUHL) is an established leader in Community Based Wind Power development and management, focused on wind farm projects throughout the United States and Canada. Juhl Wind pioneered community-based wind farms, developing the currently accepted financial, operational and legal structure providing local ownership of medium-to-large scale wind farms. To date, the Company has completed 18 wind farm projects and provides operations management and oversight across most of the portfolio. Juhl Wind services every aspect of wind farm development from full development and ownership, general consultation, construction management and system operations and maintenance. With its April 2011 acquisition of the Woodstock Hills wind farm, the Company now owns and operates a 10.2 MW wind farm. Through its Next Generation Power Systems subsidiary ("NextGen'), Juhl Wind also provides full sales and service to smaller, on-site wind and solar projects in addition to our larger Community Wind Farms.
Premier Power Renewable Energy, Inc (OTCBB: PPRW)
Premier Power Renewable Energy, Inc. is a leading global provider of large and medium-scale solar power systems, delivering unmatched experience to commercial, governmental and utility customers globally. Premier Power designs, engineers and integrates the solar industry's leading products. Premier Power's technologies and services have enabled its customers to maximize clean energy output along with project savings. Today, Premier Power designs and deploys the most innovative solar electric systems through market-leading innovation and exceptional customer service. Premier Power is headquartered in El Dorado Hills, CA and has common stock quoted on the OTC Bulletin Board under the symbol PPRW.OB. Additional information is available at the Company's website at www.premierpower.com.
Suntech Power Holdings Co., Ltd. (NYSE: STP produces industry-leading solar products for residential, commercial, industrial, and utility applications. With regional headquarters in China, Switzerland, and the United States, and gigawatt-scale manufacturing worldwide, Suntech has delivered more than 15,000,000 photovoltaic panels to thousands of customers in more than eighty countries. Suntech's pioneering R&D creates customer-centric innovations that are driving solar to grid parity against fossil fuels. Suntech's mission is to provide everyone with reliable access to nature's cleanest and most abundant energy source.http://www.suntech-power.com
Recent News;
Premier Power (OTCBB: PPRW) Receives Strategic Investment from Genalta Power
EL DORADO HILLS, Calif. - June 14, 2011 (Investorideas.com renewable energy/green newswire) - Premier Power Renewable Energy, Inc. (OTCBB:PPRW), a global leader in the development, design, engineering, and construction of solar power systems for commercial, government, and utility markets globally, announced today that Genalta Power Inc, a Canadian-based, clean power generation company leading the way in waste energy to power applications, has made a $2.35 million strategic investment in Premier Power in exchange for 2,350,000 shares of preferred stock, priced at $1.00 per share, which are convertible to common shares at a conversion price of $1.00 per share.
Full News: http://www.investorideas.com/news/2011/renewable-energy/06141.asp
Renewable Energy Stocks News Alert; Juhl Wind, Inc. (OTCBB: JUHL) Reports Services Contract Valued at $900,000 for Recently Completed Adams and Danielson Wind Farms in Minnesota
June 9, 2011 (Investorideas.com renewable energy/green newswire) - Investorideas.com reports the following wind news from Juhl Wind Inc. (OTCBB: JUHL):
WOODSTOCK, Minn. - Juhl Wind Inc. (OTCBB:JUHL), the Leader in Community Wind Power, reports the commencemnet of a new wind farm maintenance services contract for the recently completed Adams and Danielson wind farms located in Meeker County in West Central Minnesota. Juhl completed the development and construction of the wind farms, representing nearly 40 MW of wind power generation, in March 2011. Each project cost approximately $42 million and both were completed and put into commercial operation in mid-March 2011. The projects were completed on time and under budget. Juhl served as the developer and owner's representative for the construction and commissioning phase of the projects. Shortly after completing the startup of each wind farm, Juhl received a contract to supply full-scale turbine maintenance services to each system, for an initial 2 year term, estimated at approximately $900,000.
Full news:http://www.investorideas.com/news/2011/renewable-energy/06091.asp
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Sean Kelly, Chairman, CFO of City Windmills (CYW.F), Shares His Global Vision of "Seeing a Walmart Generating Green Energy with a "Walmart is Going Green" Ad on the Wind Turbine

Point Roberts, WA - June 16, 2011 - Investorideas.com, a leader in renewable energy stock research, releases an exclusive Q&A with Sean Kelly. Chairman, CFO and founder of City Windmills Ltd. Mr. Kelly share his vision for City Windmills innovative wind technology that combines outdoor advertising with green energy. City Windmills is targeting corporations that are seeking solutions to go green; producing their own electricity as well as showcasing their green mantra on outdoor ads on the windmills.
The company was listed on the Frankfurt Stock Exchange in May under the following stock symbol:
(Frankfurt: CYW.F Ticker: 3LWG41 / ISIN: GB00B3LWG419).
Interview
Q: Investorideas.com
Sean, City Windmills is taking a unique approach with its wind technology, blending wind energy and green outdoor advertising. Can you explain the corporate vision and technology behind it?
A: Sean Kelly, Chairman, CFO and founder of City Windmills Ltd.
Go on our website at www.citywindmills.com and look at the page called "Animation". That animation shows you the product. Just imagine 20 of those windmills on the rooftop of a Walmart, above the entrance with a big fat Walmart logo on it saying "Walmart is going green, with 24% of its energy of this building is produced by these windmills". Their customers love it. Our vision in general is that corporations now have a means to produce their own cheap green energy. Besides solar panels, they had no real choice up to now.
Q: Investorideas.com
Can you give investors an idea of the size of the turbines and how much energy they can produce for each company?
A: Sean Kelly, Chairman, CFO and founder of City Windmills Ltd.
The math is quite simple. One windmill is 7 meters high, which in 20 feet. Each one can produce approximately 4’000 kWh per year in a wind environment of 5 meters per second wind average (11 mph). At a wind speed of 7 meters per second (16 mph), the production of energy is 8’000 kWh per year. We rate an average of 6’000 kWh per year per windmill as being the standard. An employee in average consumes 1’700 kWh per year in a standard work environment. Depending on how much energy a building consumes, based on its number of employees, with a few windmills on the roof and a few in the surrounding portion of land, you can quickly cover 25% of the building’s needs. We keep the handy rule of four, which says that one City Windmill covers the annual energy needs of 4 employees.
Q: Investorideas.com
Can you give investors an outline of your roll- out for City Windmills in terms of Geographic distribution?
A: Sean Kelly, Chairman, CFO and founder of City Windmills Ltd.
We are starting with the USA, Canada and the UK. That is where the economics make the most sense. The feed-in tariffs are the highest of the developed countries. We are starting with the US government, with which we have some advanced discussions. We are benefitting from the Executive Order nr.13423, which orders all US government buildings to be supplied to 30% in renewable energies by 2015.
Q: Investorideas.com
Have you filed for any patents on any of the technology?
A: Sean Kelly, Chairman, CFO and founder of City Windmills Ltd.
Yes, we have a patent on the system. It covers several aspects of the system. We also intend to file special patents for the USA.
Q: Investorideas.com
Sean, the company was listed on the Frankfurt Stock Exchange this May. Do you see investors in Europe more in tune with the green energy shift?
A: Sean Kelly, Chairman, CFO and founder of City Windmills Ltd.
The European investors are actually a bit behind the US investors in general in green energy. I feel that a bit less capital is dedicated to new energies at this moment. Oil prices have not affected the lives of Europeans as much as in the US, due to the dropping dollar and also a lower consumption of oil in general. But this trigger will happen somewhere down the road.
About City Windmills, Ltd http://www.citywindmills.com/en/
City Windmills, Ltd. - Showcase Frankfurt listed wind stock ( Frankfurt: CYW.F Ticker: 3LWG41 / ISIN: GB00B3LWG419)
City Windmills, Ltd. (CYW.F) is a company in the development phase, with the design, development and marketing of revolutionary small wind turbine systems clean flachblättrigen deals. The business model of Wind Mills City focuses on revenue generation from the production of clean energy from small wind turbines, along with advertising revenue.
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Contact the company:
CONTACT:
Sean Kelly, Chief Financial Officer
City Wind Mills, Ltd.
+41 22 310 8603
sean.kelly@citywindmills.com
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Disclaimer/ Disclosure : The following news is part of the City Windmills advertising program with Investorideas.com. City Windmills Compensates investorideas.com (three thousand five hundred, five thousand shares to be showcased as a renewable energy stock within its hub of sites and blogs.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 its management and is not the opinion of Investorideas.com. This site is currently compensated by featured companies, news submissions and online advertising. Learn more: www.InvestorIdeas.com/About/Disclaimer.asp , http://www.investorideas.com/About/News/Clientspecifics.asp
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Green Car Stocks; EVCARCO, Inc. (OTCBB: EVCA) Provides Corporate Update


FT. WORTH, TX – June 16, 2011 (Investorideas.com renewable energy/green newswire) - EVCARCO, Inc. (OTCBB:EVCA) (OTCQB:EVCA) provided today a corporate update to its shareholders, investors and the investment community. Under direction of recently named CEO, Mack Sanders, the Company has been actively seeking both acquisitions of existing dealerships and partnerships with viable manufacturers that produce exciting new environmentally friendly products.
The following are highlights from past news releases:
Thursday, December 16, 2010
EVCARCO (OTC.BB:EVCA) Announces the Appointment of Its New CEO
The Company announced that the appointment of Mr. Sanders as the new Chief Executive Officer (CEO) would assist the Company with its efforts to facilitate acquisitions, franchise development, and its growth potential in the United States.
Thursday, May 5, 2011
EVCARCO, Inc. Signs Contract to Sell SIRIUS New Electric Vehicles
Mr. Sanders, a 28 year veteran of the automobile industry helped the Company identify manufacturers, bringing an agreement to sell SIRIUS electric vehicles. The SIRIUS brand is manufactured by Nanchang Freedom Technology Limited located in Nanchang, China, a subsidiary of Jiangling Motors Group Co. Nanchang Freedom Technology Limited Company was founded in December 2006 and specializes in development and manufacture of New Energy Vehicles, and New Energy Vehicles' Power Train System. It is a subsidiary of Jiangling Motors Group Co. Jiangling Motor, a joint venture with Ford, in the U.S., and Isuzu, in Japan, is one the largest light commercial vehicle manufacturers in China.
Tuesday, May 10, 2011
EVCARCO, Inc. Signs $10 Million Funding Commitment With Auctus Private Equity Fund
The Company entered into an agreement in May 2011 with Auctus Private Equity Fund to help facilitate the acquisitions of existing, full operating dealerships with operational fixed ops, sales, finance, and customer base.
Thursday, October 21, 2010
EVCARCO Aligns With Top Automotive Commercial Brokerage and Consulting Company, THE Search Firm
In October, the Company entered into an agreement with "THE Search Firm," a leading automotive consulting and dealership brokerage firm in the nation. The agreement is to help facilitate future acquisitions for the Company and identify manufacturers with growth potential.
As a further update, the Company has made three (3) separate offers to purchase existing dealerships in the North Texas area through its relationship with THE Search Firm. Currently, no offers have been formally accepted. The Company is seeking available dealerships with gross annual revenues of more than $15 million.
For more information on EVCARCO, Inc., please view: www.evcarco.com. Shareholder inquiries should be directed to (972) 571-1624.
EVCARCO, Inc. is the first automotive retail group dedicated to deploying a coast-to-coast network of environmentally friendly franchised dealerships and vehicles. EVCARCO is bringing to market the most advanced clean technologies available in plug-in electric, alternative fuel, and pre-owned hybrid vehicles. EVCARCO -- Future Driven®
This Press Release contains certain forward-looking statements that involve substantial risks and uncertainties, including, but not limited to, the results of ongoing clinical studies, economic conditions, product and technology development, production efficiencies, product demand, competitive products, competitive environment, successful testing and government regulatory issues. Additional risks are identified in the company's filings made with the Securities and Exchange Commission.
Contact:
Investor Relations Contact:
Jack Eversull
The Eversull Group, Inc.
972-571-1624
214-469-2361 fax
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Mining Stocks; TurkPower Corporation (OTC.BB: TRKP) Appoints Former Chairman of NYMEX Holdings, Inc., Mr. Richard Schaeffer, to Its Board of Directors

NEW YORK, NY - June 15, 2011 (Investorideas.com Mining stocks Newswire) - TurkPower Corporation (OTC.BB:TRKP) (the "Company") is pleased to announce the appointment of Richard Schaeffer to its Board of Directors. Mr. Schaeffer is the retired Chairman of NYMEX Holdings, Inc. and the New York Mercantile Exchange, which went public at a valuation of $13bn under his lead in 2006. He served as a member of the NYMEX Board of Directors from March 1990 to 2008; was the Treasurer of the Exchange from 1993 to 2004, Vice Chairman from 2004 to 2006, and Chairman from 2006 to 2008. Mr. Schaeffer has been a NYMEX member and seat owner since 1981.
Mr. Schaeffer has served as a director on the board of directors of the leading Norwegian financial derivatives exchange IMAREX as well as on the board of the Montreal Stock Exchange, and held a seat on the board of directors of the University of Maryland's Robert H. Smith School of Business. Presently Mr. Schaeffer serves as a special advisor to General Atlantic and as a director to two public companies. Mr. Schaeffer graduated from the Robert H. Smith School of Business at the University of Maryland in 1974, where he delivered the school's commencement address in 2006. Richard was also the Chairman of the NYMEX charitable Foundation's Board and is currently a board member of the Museum of American Finance and the Tribeca Film Festival.
"It's a pleasure and honor to join TurkPower and its team of professionals," Mr. Schaeffer said. "I strongly believe TurkPower to be perfectly positioned to become a major mining and energy company in Turkey, the second fastest growing economy and energy market in the world. I look forward to helping the Company execute its business plan and to working closely with TurkPower's management and board of directors in the coming years."
TurkPower Chairman Ryan E. Hart commented: "Richard is a well known and respected person in the finance and commodity industry, with vast business experience and a track record that speaks for itself. We are very pleased and proud to have Richard join our board of directors and help us grow TurkPower to a major mining and energy player in Turkey. The Company will benefit from his experience, knowledge and contacts which he acquired and built in the past 30 years in the finance and commodity industries."
About TurkPower Corporation
TurkPower Corporation (OTC.BB:TRKP) is a Turkish-American consulting and service operations firm with a strong focus on the booming Turkish energy and mining industries. TurkPower offers its domestic and international clients consulting services and acts as a full service operator for wind, hydro, solar and coal power plants in Turkey. In addition to its energy business, TurkPower aims at becoming a substantial player in the Turkish mining industry by acquiring and consolidating operational mines with proven reserves, utilizing economies of scale to increase returns.
Safe Harbor Statement
The statements by our officers, and other statements regarding optimism related to the business, consulting, service operations, expanding exploration and development activities and other statements in this press release are forward-looking statements within the meaning of the Securities Litigation Reform Act of 1995. Such statements are based on current expectations, estimates and projections about the Company's business and subject to successful financing. Words such as expects, anticipates, intends, plans, believes, sees, estimates and variations of such words and similar expressions are intended to identify such forward-looking statements. These statements are not guarantees of future performance and involve certain risks and uncertainties that are difficult to predict. Actual results could vary materially from the description contained herein due to many risk factors that affect the industry the Company operates in and other risk factors listed from time to time in the Company's Securities and Exchange Commission (SEC) filings under "risk factors" and elsewhere.
Contact:
TurkPower Corporation
100 Park Avenue
New York, New York 10017
T 212-984-0628
F 212-880-6499
TurkPower Corporation (OTC.BB: TRKP) is a showcase mining stock on Investorideas.com
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Nanotechnology Stocks; mPhase (OTC.BB:XDSL) Retains Premier Technology Commercialization Firm

LITTLE FALLS, NJ - June 15, 2011 (Investorideas.com Newswire) - mPhase Technologies, Inc. (OTC.BB: XDSL) today announced that it has engaged FIRST PRINCIPALS, INC. (FPI), a world-class technology appraisal and commercialization enterprise located in Cleveland, Ohio, to perform a complete economic and strategic evaluation of mPhase’s Patent Portfolio and identify a broad array of potential innovative products for "smart surfaces." In addition, FPI will assist the Company in identifying strategic partners leading to additional commercialization applications and opportunities with respect to its SmartNanoBattery.
"We believe that the retention of FPI will accelerate the pace of identification and development of new innovative products that provide compelling solutions for potential strategic partners based upon mPhase’s Intellectual Property," said Ronald A. Durando, President and Chief Executive Officer of mPhase. In addition to energy storage devices, mPhase anticipates new products to emerge in the automotive, marine, healthcare and communications sectors.
About mPhase Technologies, Inc.
mPhase Technologies is introducing a revolutionary Smart Surface technology enabled by breakthroughs in nanotechnology, MEMS processing and microfluidics. Our Smart Surface technology has potential applications within drug delivery systems, lab-on-a-chip analytic systems, self-cleaning systems, liquid and chemical sensor systems, and filtration systems. mPhase has pioneered its first Smart Surface enabled product, the mPhase Smart NanoBattery.
In addition to the Smart Surface technology, mPhase recently introduced its first product, the mPower Emergency Illuminator, an award-winning product designed by Porsche Design Studio and sold via the mPower website: http://www.mpowertech.com.
More information about the company can be found at http://www.mPhaseTech.com.
Forward-Looking Statements
As a cautionary note to investors, certain matters discussed in this press release may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such matters involve risks and uncertainties that may cause actual results to differ materially, including the following: changes in economic conditions; general competitive factors; acceptance of the Company's products in the market; the Company's success in technology and product development; the Company's ability to execute its business model and strategic plans; and all the risks and related information described from time to time in the Company's SEC filings, including the financial statements and related information contained in the Company's SEC Filing. mPhase assumes no obligation to update the information in this release.
Contact:
973-256-3737
mPhase Technologies, Inc.
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Wednesday, June 15, 2011

Cleantech Stock News Alert; Premier Power (OTCBB: PPRW) Reports $2.35 Million Strategic Investment from Genalta Power, a Canadian-based, Clean Power Generation Company

EL DORADO HILLS, Calif. - June 15, 2011 (Investorideas.com renewable energy/green newswire) � Investorideas.com cleantech stock news alert; Premier Power Renewable Energy, Inc. (OTCBB:PPRW), a global leader in the development, design, engineering, and construction of solar power systems for commercial, government, and utility markets globally, announced today that Genalta Power Inc, a Canadian-based, clean power generation company leading the way in waste energy to power applications, has made a $2.35 million strategic investment in Premier Power in exchange for 2,350,000 shares of preferred stock, priced at $1.00 per share, which are convertible to common shares at a conversion price of $1.00 per share.
"This strategic investment demonstrates Premier Power's ongoing success at creating a global renewable energy platform," said Premier Power's Chairman and CEO, Dean Marks. "We've worked hard to bring solar to the global marketplace and this investment will further allow Premier to manage and attract profitable projects worldwide. Together with Genalta, Premier Power looks forward to exploiting the multiple strategic opportunities afforded by our partnership, including the development and construction of solar power plants in the Ontario market, which offers one of the most attractive solar feed-in tariffs in the world."
"We see our strategic investment in Premier Power as a means of extending our reach into the US and European markets, wherein Premier Power has been long established as a leader in the development and realization of renewable energy projects," said Genalta Power's CEO, Graham Illingworth. "Furthermore, we view Premier Power's expertise in the solar sector as highly complementary to Genalta's expertise in waste energy to power applications, as together, we can offer our collective customers a broader range of renewable energy solutions, which optimize their return on investment."
In addition, the company issued a warrant to purchase 2,000,000 shares of common stock at an exercise price of $1.00 per share; the warrant will expire on the earlier of 5 years or upon the consummation of a change in control, as defined in the agreement. Subject to closing conditions, the transaction is expected to close on or before June 24, 2011.
About Premier Power
Premier Power Renewable Energy, Inc. is a leading global provider of large and medium-scale solar power systems, delivering unmatched experience to commercial, governmental and utility customers globally. Premier Power designs, engineers and integrates the solar industry's leading products. Premier Power's technologies and services have enabled its customers to maximize clean energy output along with project savings. Today, Premier Power designs and deploys the most innovative solar electric systems through market-leading innovation and exceptional customer service. Premier Power is headquartered in El Dorado Hills, CA and has common stock quoted on the OTC Bulletin Board under the symbol PPRW.OB. Additional information is available at the Company's website at www.premierpower.com.
About Genalta Power Inc.
Genalta Power Inc. is a privately held Canadian corporation in the business of developing proprietary technologies that will enhance the operating output and performance parameters of the projects that it percolates in by way of owning and operating independent power plants that produce and sell environmentally-friendly electricity from waste energy sources. Genalta capitalizes on opportunities in the independent power market by actively developing dependable, cost-effective and environmentally responsible power generation facilities. Genalta pursues a mix of waste heat recovery, waste fuel gas, and waste pressure projects. Genalta is developing projects in strategic regions of North America with an emphasis on the oil and gas industry. Visit www.genaltapower.com for more information.
Forward-Looking Statements
This release contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that forward-looking statements in this release involve risks and uncertainties that could cause actual results to differ materially from current expectations.
There can be no assurance that demand for the company's products will continue at current or greater levels, or that the company will continue to grow revenues, or be profitable.
There are also risks that the company's pursuit of providing solar solutions globally might not be successful, or that if successful, it will not materially enhance the company's financial performance; that the company could fail to retain key employees; that changes in customer requirements and other general economic and political uncertainties could impact the company's relationship with its customers; and that delays in projects, competitive pressures or technical difficulties could impact timely delivery of revenues and projects; and other risks and uncertainties that are described from time to time in Premier Power's periodic reports and registration statements filed with the Securities and Exchange Commission.
The company specifically disclaims any responsibility for updating these forward-looking statements.
Contact:
Premier Power Renewable Energy, Inc.
Rita Edwards, 916-939-0400
ir@premierpower.com
Premier Power Renewable Energy, Inc. (OTCBB:PPRW) is a showcase green stock on Investorideas.com
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Disclosure/Disclaimer - Premier Power Renewable Energy, Inc. (OTCBB:PPRW) one month showcase on Investorideas.com and related green portals and blogs June 14, 2011 (three thousand)
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Red Fork Energy Limited (ASX: RFE) News; East Oklahoma Central Drilling Confirms Woodford Shale Continuity

June 15 , 2011 (Investorideas.com Energy Newswire) - Oklahoma based (Australian Securities Exchange listed) oil and gas exploration and production company Red Fork Energy Limited (ASX: RFE) ("Red Fork" or the "Company") is pleased to announce that it has successfully drilled, logged and cased three new wells at the 100% owned and operated shallow biogenic Woodford Shale play at East Oklahoma Central project.
As previously announced, in the current price environment for natural gas the Company is continuing to develop its 100% owned and operated East Oklahoma Project with a strategy designed to build production, revenue and reserves with the minimum amount of capital deployed.
Importantly, these three wells (located in Mayes and Rogers Counties) all intersected in excess of 50 feet of the target Woodford Shale with a show of gas on drilling.
The wells have now been cased, cemented and shut-in. Following is a drilling summary for each well.
Cherry #1-32 Well - Rogers County, Oklahoma
Target: 900' Woodford Shale Test
Spud Date: 10:00am (Central Time) 13/05/2011
Target Depth: 838' (Arbuckle Formation)
Comments: Cut approximately 60' of Woodford shale with shows of gas on drilling
Cased and cemented: 11:50pm (Central Time) 16/05/2011
Cherry #1-4 Well - Mayes County, Oklahoma
Target: 900' Woodford Shale Test
Spud Date: 5:00 pm (Central Time) 17/05/2011
Target Depth: 763' (Arbuckle Formation)
Comments: Cut approximately 62' of Woodford shale with shows of gas on drilling
Cased and cemented: 2:00 pm (Central Time) 18/05/2011
Cherry #1-9 Well - Mayes County, Oklahoma
Target: 800' Woodford Shale Test
Spud Date: 5:00pm (Central Time) 18/05/2011
Target Depth: 762' (Arbuckle Formation)
Comments: Cut approximately 55' of Woodford shale with shows of gas on drilling
Cased and cemented: 10:00pm (Central Time) 23/05/2011
Yours faithfully
David Prentice
Managing Director
Forward Looking Statements
This announcement contains "forward-looking statements". Such forward-looking statements include, without limitation: estimates of future earnings, the sensitivity of earnings to oil & gas prices and foreign exchange rate movements; estimates of future oil & gas production and sales; estimates of future cash flows, the sensitivity of cash flows to oil & gas prices and foreign exchange rate movements; statements regarding future debt repayments; estimates of future capital expenditures; estimates of reserves and statements regarding future exploration results and the replacement of reserves; and where the Company expresses or implies an expectation or belief as to future events or results, such expectation or belief is expressed in good faith and believed to have a reasonable basis. However, forward looking statements are subject to risks, uncertainties and other factors, which could cause actual results to differ materially from future results expressed, projected or implied by such forward-looking statements. Such risks include, but are not limited to oil and gas price volatility, currency fluctuations, increased production costs and variances in reserves or recovery rates from those assumed in the company’s plans, as well as political and operational risks in the countries and states in which we operate or sell product to, and governmental regulation and judicial outcomes. For a more detailed discussion of such risks and other factors, see the Company’s Annual Reports, as well as the Company’s other filings. The Company does not undertake any obligation to release publicly any revisions to any "forward looking statement" to reflect events or circumstances after the date of this release, or to reflect the occurrence of unanticipated events, except as may be required under applicable securities laws.
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