Tuesday's NASDAQ Top Gainers: TSPT, KONA, CMLS, TRMS
POINT ROBERTS - September 21, 2011 - www.InvestorIdeas.com, a global investor research portal for independent investors, reports on top percentage gainers on the NASDAQ for Tuesday September 20th.
Transcept Pharmaceuticals, Inc. (NASDAQ:TSPT) was the top percentage gainer for the session closing higher by $1.38 (24.51%) to $7.01 on no news. The stock has jumped 157% in the past one week after it said that the company is planning to resubmit its new drug application for its Intermezzo insomnia treatment to the U.S. Food and Drug Administration
American grill and sushi bar company, Kona Grill, Inc. (NASDAQ:KONA) surged $1.20 (22.81%) to close at 6.46 following the company said that it no expects to earn 5-6 cents a share on revenue of $24.1-$24.2 million, compared to its previous guidance of 1-3 cents a share on revenue of $22.7-$23.7 million.
Cumulus Media Inc. (NASDAQ:CMLS) closed with an impressive gain of 0.48 (19.20%) to end the day at $2.98 extending its previous session rally of 7.50%. The stock is still down over 31% so far this year. With the completion of the Citadel acquisition, Cumulus Media is the largest pure-play radio broadcaster in the United States, and owns or operates more than 570 radio stations in 120 markets and a nationwide radio network serving over 4000 stations.
Trimeris, Inc. (NASDAQ:TRMS) ended at $2.32, up 0.37 (18.97%) on no news. So far this , the stock is down about 4%. It has a 52-week range of $1.66-$2.96. Yesterday, more than 1.17 million shares exchanged hands – 58X its average volume. Trimeris, pioneered the development of a class of antiviral drug treatments called fusion inhibitors. The Company's only marketed product is FUZEON, an anti-HIV fusion inhibitor which was developed by the Company in collaboration with Roche.
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Wednesday, September 21, 2011
Red Fork Energy Limited (ASX: RFE) News; Independent Reserve Certification Year Ended June 30, 2011
September 21, 2011 (Investorideas.com 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 present its reserve position as at June 30, 2011 following independent certification by petroleum engineers, Lee Keeling & Associates, Inc ("Lee Keeling").
The table below outlines the oil and gas reserves attributable to the Company's projects in Oklahoma as well as the Net Present Values attributable to these reserves. Importantly, this does not include any reserves attributable to Red Fork's recently acquired Mississippian acreage.
Commenting on this announcement, Red Fork Managing Director, David Prentice, said, "We are pleased to have been able to maintain our independently certified reserves at stable levels for the year ended June 30, 2011 despite lower prices and forward curve assumptions for natural gas."
"We see significant value to be unlocked in our East Oklahoma shale gas project under an improved pricing environment for natural gas and we are also particularly pleased with the momentum we are gaining in our mid-stream business."
"Development of our large Mississippian oil holdings is also progressing very well and we expect to be in a position to update the market on reserves for that project following the completion of our 2011 horizontal drilling program."
Yours faithfully
David Prentice
Managing Director
Reserve Certification Statement:
The independent certification of these reserves was undertaken by Lee Keeling. Lee Keeling are engaged by the Company each year to review and prepare a report on the Company's oil and gas reserves. Lee Keeling are petroleum consultants based in the United States with offices in Tulsa and Houston. Lee Keeling provide specific engineering services to the oil and gas industry, and consults on all aspects of petroleum geology and engineering for both domestic and international projects and companies. Lee Keeling have consented to the release of this reserves information.
Notes & Assumptions:
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.
September 21, 2011 (Investorideas.com 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 present its reserve position as at June 30, 2011 following independent certification by petroleum engineers, Lee Keeling & Associates, Inc ("Lee Keeling").
The table below outlines the oil and gas reserves attributable to the Company's projects in Oklahoma as well as the Net Present Values attributable to these reserves. Importantly, this does not include any reserves attributable to Red Fork's recently acquired Mississippian acreage.
Commenting on this announcement, Red Fork Managing Director, David Prentice, said, "We are pleased to have been able to maintain our independently certified reserves at stable levels for the year ended June 30, 2011 despite lower prices and forward curve assumptions for natural gas.""We see significant value to be unlocked in our East Oklahoma shale gas project under an improved pricing environment for natural gas and we are also particularly pleased with the momentum we are gaining in our mid-stream business."
"Development of our large Mississippian oil holdings is also progressing very well and we expect to be in a position to update the market on reserves for that project following the completion of our 2011 horizontal drilling program."
Yours faithfully
David Prentice
Managing Director
Reserve Certification Statement:
The independent certification of these reserves was undertaken by Lee Keeling. Lee Keeling are engaged by the Company each year to review and prepare a report on the Company's oil and gas reserves. Lee Keeling are petroleum consultants based in the United States with offices in Tulsa and Houston. Lee Keeling provide specific engineering services to the oil and gas industry, and consults on all aspects of petroleum geology and engineering for both domestic and international projects and companies. Lee Keeling have consented to the release of this reserves information.
Notes & Assumptions:
- All of these reserves are from shale gas, conventional oil and gas and coal bed methane accumulations, at depths ranging from 400 to 5,000 feet. The producing zones range in age from Pennsylvanian to Cambrian and are located in the Cherokee basin of Oklahoma in the US.
- NPV10 (Net Present Value at a10% discount) values are in US dollars and are for Red Fork's Net Revenue Interest.
- The reserves are based on an oil price of US$85.00 per barrel flat and a starting gas price of US$4.58 per Mmbtu escalated to a maximum of US$7.00 per Mmbtu for the life of each well.
- Volumes presented are for Red Fork's 100% Working Interest in each of its projects.
- Barrel of Oil Equivalent (boe) is calculated on a 6:1 conversion of gas to oil.
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)
Visit the Red Fork Energy Limited (ASX: RFE) profile page
Disclosure/Disclaimer: Red Fork Energy Limited (ASX: RFE) June 8 2011 - one month on Investorideas.com and energy blogs June 8 2011 (on thousand)
Tuesday, September 20, 2011
Monday's Electric Car Stocks Trading; (ETN, TSLA, AONE, OTCBB: EVCA)
Point Roberts, WA - September 20, 2011 (Investorideas.com renewable energy/green newswire) Investorideas.com, a leader in cleantech investor research, reports on electric car stocks trading and news for 19th September. In an overall down trading day in yesterday�s session, there were some stocks in the sector in the green.
Electric cars are making headlines at the Frankfurt Motor show, said to be the star of the show.
Battery maker A123 Systems, Inc. (NASDAQ:AONE) ended up0.02 (0.44%) to $4.52. Analyst at Piper Jaffray started coverage on the stock with an “Outperform “rating.
Eaton Corporation (NYSE:ETN) added 0.03 (0.08%) to close at $9.77 on over 4.88 million shares.
Green automotive dealer EVCARCO (OTCBB: EVCA) ended flat at $0.0037 on over 1.02 million shares.
Tesla Motors, Inc . (NASDAQ: TSLA) gained 1.20 (5.24%) to $24.08 on over 726K shares.
Li-ion Motors Corp (OTC: LMCO) added 0.030 (20.00%) to $0.18 on over 16.7K shares. Li-ion Motors Corp. announced that it has entered into an engineering alliance with Sky Power Solutions, Corp. to share and collaborate on the design and development of the Sky Power Solutions Residential solar concentrating, stand alone electric generation system for use by homeowners taking advantage of advancements in Lithium Ion batteries and battery management systems.
Saft Groupe SA (EPA: SAFT ) added 0.02 (0.07%) to $21.79. The company may buy back shares after getting $145 million for the termination of a joint venture with Johnson Controls Inc. (JCI), according to Alex Barnett, an analyst at Jefferies International.
Valence Technology, Inc. (NASDAQ:VLNC) slid 0.04 (-3.39%) to $1.14
Ecotality, Inc. (NasdaqCM: ECTY) fell 0.02 (-0.98%) to $2.02.
Electric Car/ Green Car Company Snapshot:
EVCARCO (OTC.BB: EVCA) - Green, Electric Cars and Natural Gas Vehicles
EVCARCO (OTC.BB:EVCA) (www.evcarco.com) 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.
Visit the EVCA profile at Investorideas.com - http://www.investorideas.com/CO/EVCA/
Frankfurt Car Show - Electric Vehicle Video
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Investorideas.com was on the of the first investor sites covering investing in water and renewable energy stocks and has become a global go-to destination for investors researching the cleantech sector, with stock directories, company news, commentary from experts, research reports and industry resources and links. Investors can follow solar stocks commentary on our site with solar expert, J. Peter Lynch.
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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. Disclosure: Investorideas is compensated by featured green companies EVCARCO (OTCBB: EVCA) is a showcase stock at Investorideas.com and compensated the site 500,000 144 shares in lieu of cash compensation.
Learn more: www.InvestorIdeas.com/About/Disclaimer.asp , http://www.investorideas.com/About/News/Clientspecifics.asp
BC Residents and Investor Disclaimer : Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894
For more information contact:
800 665 0411
Source: www.Investorideas.com
Point Roberts, WA - September 20, 2011 (Investorideas.com renewable energy/green newswire) Investorideas.com, a leader in cleantech investor research, reports on electric car stocks trading and news for 19th September. In an overall down trading day in yesterday�s session, there were some stocks in the sector in the green.
Electric cars are making headlines at the Frankfurt Motor show, said to be the star of the show.
Battery maker A123 Systems, Inc. (NASDAQ:AONE) ended up0.02 (0.44%) to $4.52. Analyst at Piper Jaffray started coverage on the stock with an “Outperform “rating.
Eaton Corporation (NYSE:ETN) added 0.03 (0.08%) to close at $9.77 on over 4.88 million shares.
Green automotive dealer EVCARCO (OTCBB: EVCA) ended flat at $0.0037 on over 1.02 million shares.
Tesla Motors, Inc . (NASDAQ: TSLA) gained 1.20 (5.24%) to $24.08 on over 726K shares.
Li-ion Motors Corp (OTC: LMCO) added 0.030 (20.00%) to $0.18 on over 16.7K shares. Li-ion Motors Corp. announced that it has entered into an engineering alliance with Sky Power Solutions, Corp. to share and collaborate on the design and development of the Sky Power Solutions Residential solar concentrating, stand alone electric generation system for use by homeowners taking advantage of advancements in Lithium Ion batteries and battery management systems.
Saft Groupe SA (EPA: SAFT ) added 0.02 (0.07%) to $21.79. The company may buy back shares after getting $145 million for the termination of a joint venture with Johnson Controls Inc. (JCI), according to Alex Barnett, an analyst at Jefferies International.
Valence Technology, Inc. (NASDAQ:VLNC) slid 0.04 (-3.39%) to $1.14
Ecotality, Inc. (NasdaqCM: ECTY) fell 0.02 (-0.98%) to $2.02.
Electric Car/ Green Car Company Snapshot:
EVCARCO (OTC.BB: EVCA) - Green, Electric Cars and Natural Gas Vehicles
EVCARCO (OTC.BB:EVCA) (www.evcarco.com) 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.
Visit the EVCA profile at Investorideas.com - http://www.investorideas.com/CO/EVCA/
Frankfurt Car Show - Electric Vehicle Video
Research electric car stocks and green auto stocks , lithium stocks - with the renewable energy stocks directory Research over 1300 green stocks - Investors also have the option to access the directory as part of the Investor Ideas Investors also have the option to access the directory as part of the Investor Ideas Membership premium content that currently features an additional 10 stock directories, including the water stocks directory and all cleantech stock directories. http://www.investorideas.com/membership/
About Investorideas.com - a leader in cleantech investor research
Investorideas.com was on the of the first investor sites covering investing in water and renewable energy stocks and has become a global go-to destination for investors researching the cleantech sector, with stock directories, company news, commentary from experts, research reports and industry resources and links. Investors can follow solar stocks commentary on our site with solar expert, J. Peter Lynch.
Visit our green and renewable showcase stocks and more investor research in the sector: http://www.investorideas.com/Companies/RenewableEnergy/ or
www.renewableenergystocks.com
Investors - sign up for free green stocks trading alerts and news
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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. Disclosure: Investorideas is compensated by featured green companies EVCARCO (OTCBB: EVCA) is a showcase stock at Investorideas.com and compensated the site 500,000 144 shares in lieu of cash compensation.
Learn more: www.InvestorIdeas.com/About/Disclaimer.asp , http://www.investorideas.com/About/News/Clientspecifics.asp
BC Residents and Investor Disclaimer : Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894
For more information contact:
800 665 0411
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Mining and Gold Stocks; Gold Bullion Development Corp. (TSX-V: GBB) advises shareholders that Castle Silver Mines Inc. preliminary prospectus is available on SEDAR
VANCOUVER - September 20, 2011 (Investorideas.com Mining stocks Newswire) - Gold Bullion Development Corp. (TSXV: GBB, OTC PINK: GBBFF) wishes to advise its shareholders that the preliminary prospectus dated September 16, 2011 of its wholly-owned subsidiary Castle Silver Mines Inc. is now available under Castle Silver Mines' company profile on SEDAR at www.sedar.com. As previously announced, the prospectus is intended to qualify the distribution by Gold Bullion of an aggregate of approximately 1,950,000 common shares of Castle Silver Mines to all shareholders of Gold Bullion by way of dividend in kind.
All Gold Bullion shareholders will receive one common share of Castle Silver Mines for approximately every 85 issued and outstanding Gold Bullion shares on the distribution record date. The distribution record date will be set by the Board ofDirectors
of Gold Bullion in accordance with the policies of the TSX Venture Exchange, at which time Gold Bullion will issue a press release announcing the record date and the final distribution ratio.
The preliminary prospectus provides all details regarding the "spin-out" of Castle Silver Mines. Gold Bullion recommends that its shareholders review the prospectus carefully.
The distribution by Gold Bullion of the shares of Castle Silver Mines is subject to regulatory approval, including that of the TSX Venture Exchange.
About Castle Silver Mines Inc.
Castle Silver Mines Inc. was incorporated in March 2011 as a wholly-owned subsidiary of Gold Bullion, for the purpose of taking over the silver assets and exploration activities currently carried on by Gold Bullion, so that Gold Bullion can devote itself solely to exploration for gold. Prior to the distribution record date, Castle Silver Mines Inc. will acquire the Castle Silver Mine property in Gowganda, Ontario from Gold Bullion, which comprises Gold Bullion's sole silver exploration property. After such transfer, Gold Bullion does not intend to be directly involved in silver exploration. Castle Silver Mines may acquire additional interests in silver exploration properties in the future.
About Gold Bullion Development Corp.
Gold Bullion Development Corp. is a TSX Venture-listed junior natural resource company focusing on the exploration and development of its Granada Property near Rouyn-Noranda, Qu�bec, and its Castle Silver Mine property in Gowganda, Ontario.
For more information on Gold Bullion Development Corp. (TSXV:GBB.V) (Other OTC:GBBFF.PK), visit our web site: http://www.GoldBullionDevelopmentCorp.com
Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore, involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.
VANCOUVER - September 20, 2011 (Investorideas.com Mining stocks Newswire) - Gold Bullion Development Corp. (TSXV: GBB, OTC PINK: GBBFF) wishes to advise its shareholders that the preliminary prospectus dated September 16, 2011 of its wholly-owned subsidiary Castle Silver Mines Inc. is now available under Castle Silver Mines' company profile on SEDAR at www.sedar.com. As previously announced, the prospectus is intended to qualify the distribution by Gold Bullion of an aggregate of approximately 1,950,000 common shares of Castle Silver Mines to all shareholders of Gold Bullion by way of dividend in kind.
All Gold Bullion shareholders will receive one common share of Castle Silver Mines for approximately every 85 issued and outstanding Gold Bullion shares on the distribution record date. The distribution record date will be set by the Board of
The preliminary prospectus provides all details regarding the "spin-out" of Castle Silver Mines. Gold Bullion recommends that its shareholders review the prospectus carefully.
The distribution by Gold Bullion of the shares of Castle Silver Mines is subject to regulatory approval, including that of the TSX Venture Exchange.
About Castle Silver Mines Inc.
Castle Silver Mines Inc. was incorporated in March 2011 as a wholly-owned subsidiary of Gold Bullion, for the purpose of taking over the silver assets and exploration activities currently carried on by Gold Bullion, so that Gold Bullion can devote itself solely to exploration for gold. Prior to the distribution record date, Castle Silver Mines Inc. will acquire the Castle Silver Mine property in Gowganda, Ontario from Gold Bullion, which comprises Gold Bullion's sole silver exploration property. After such transfer, Gold Bullion does not intend to be directly involved in silver exploration. Castle Silver Mines may acquire additional interests in silver exploration properties in the future.
About Gold Bullion Development Corp.
Gold Bullion Development Corp. is a TSX Venture-listed junior natural resource company focusing on the exploration and development of its Granada Property near Rouyn-Noranda, Qu�bec, and its Castle Silver Mine property in Gowganda, Ontario.
For more information on Gold Bullion Development Corp. (TSXV:GBB.V) (Other OTC:GBBFF.PK), visit our web site: http://www.GoldBullionDevelopmentCorp.com
Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore, involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.
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Disclosure, Disclaimer/ GBB is a paid advertising client on Investorideas.com and our mining portals.
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Monday's NASDAQ Winners: GFN, SPU, MAKO, OPTR
POINT ROBERTS - September 20, 2011 - www.InvestorIdeas.com, a globalinvestor research portal for independent investors, reports on top percentage gainers on the NASDAQ for Friday September 19th. Nasdaq closed lower, but off day's low and slid 9.48 (-0.36%) to 2,612.83.
General Finance Corporation (NASDAQ:GFN) was the top percentage gainer for the session closing higher by 0.60 (20.83%) to $3.48. On Friday, the company announced the appointment of Jeffrey A. Kluckman as Executive Vice President of Business Development.
SkyPeople Fruit Juice, Inc. (NASDAQ:SPU) surged 0.44 (18.72%) to close at $2.79 after the recent fall. The stock is still down 40% so far this year. The stock has 52-week range of $1.95-$6.00.
MAKO Surgical Corp. (NASDAQ:MAKO) closed with a gain of 4.21 (11.61%) to end the day at $40.48 following the company announced the commercial availability of the RIO® Robotic Arm Interactive Orthopedic System for use in total hip replacement procedures, called MAKOplasty® Total Hip Arthroplasty.
Optimer Pharmaceuticals, Inc. (NASDAQ:OPTR) ended at $15.66, up 1.62 (11.54%) on no news. So far this year, the stock is up about 36%. It has a 52-week range of $6.81-$15.86. Yesterday, more than 3.62 million shares exchanged hands - 3X its average volume.
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POINT ROBERTS - September 20, 2011 - www.InvestorIdeas.com, a global
General Finance Corporation (NASDAQ:GFN) was the top percentage gainer for the session closing higher by 0.60 (20.83%) to $3.48. On Friday, the company announced the appointment of Jeffrey A. Kluckman as Executive Vice President of Business Development.
SkyPeople Fruit Juice, Inc. (NASDAQ:SPU) surged 0.44 (18.72%) to close at $2.79 after the recent fall. The stock is still down 40% so far this year. The stock has 52-week range of $1.95-$6.00.
MAKO Surgical Corp. (NASDAQ:MAKO) closed with a gain of 4.21 (11.61%) to end the day at $40.48 following the company announced the commercial availability of the RIO® Robotic Arm Interactive Orthopedic System for use in total hip replacement procedures, called MAKOplasty® Total Hip Arthroplasty.
Optimer Pharmaceuticals, Inc. (NASDAQ:OPTR) ended at $15.66, up 1.62 (11.54%) on no news. So far this year, the stock is up about 36%. It has a 52-week range of $6.81-$15.86. Yesterday, more than 3.62 million shares exchanged hands - 3X its average volume.
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Oil and Gas Stocks News; American Petro-Hunter (OTCBB: AAPH) Spuds Second Horizontal Well at North Oklahoma Project
SCOTTSDALE, AZ � September 20, 2011 (Investorideas.com energy newswire) - American Petro-Hunter, Inc. (OTC.BB:AAPH) ("American Petro-Hunter" or the "Company") today is pleased to announce the commencement of drilling at the NOW-2H horizontal oil well at the Company's North Oklahoma Mississippi Project. The drill rig has arrived onsite and spud activity commenced immediately.
As previously reported, the NOW-2H horizontal well is a direct 160 acre offset to, and � mile from, the producing NOM-1H. Once the Mississippi formation reservoir is reached vertically, the subsequent directional drilling will involve a 1,600-foot lateral leg drilled directly along the over 100-foot-thick limestone of the Mississippi formation pay zone.
Drilling should take between 15-18 days to reach total depth (T.D.), after which the Company confidently anticipates a rapid program to complete the well. The current objective is to have the NOW-2H pumping to the existing tank battery and gas pipeline by the end of October.
Company President Robert McIntosh states, "The NOW2-H well is the second of 11 wells to be drilled in the flourishing North Oklahoma Mississippi Lime Play which is rapidly becoming one of the premier oilfields in the country. With literally 100s of horizontal wells drilled and already producing, reservoir development in this region of the mid-continent is moving forward and creating news virtually every day." Mr. McIntosh continues, "American Petro-Hunter enjoys an enviable position with access to some of the best leases in the entire play and the Company is committed to an aggressive drilling schedule with plans to start a new well every 60 days so that we can maximize net production as quickly as possible."
About American Petro-Hunter, Inc. (OTCBB: AAPH)
The Company is a goal-oriented exploration and production (E&P) Company aiming to become an intermediate level oil and gas producer within 12 months. The Company is in production at the Poston Project in Trego County Kansas with new drilling activity and production underway at the North Oklahoma Oil Project. With the achievable target of becoming a 1000 BOE producer as our goal, American Petro-Hunter is actively on the "hunt" for domestic petroleum assets. Visit us at: www.americanpetrohunter.com
Notice Regarding Forward-Looking Statements
This news release contains "forward-looking statements" as that term is defined in Section 27A of the UnitedStates Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, the development, costs and results of our exploration program at our properties and any anticipated future production. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with petroleum exploration and development stage exploration companies. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-KSB for the most recent fiscal year, our quarterly reports on Form 10-QSB and other periodic reports filed from time-to-time with the Securities and Exchange Commission.
ON BEHALF OF THE BOARD
American Petro-Hunter, Inc.
Robert McIntosh
President & C.E.O.
To find out more about American Petro-Hunter, Inc. (OTC.BB:AAPH), visit our website at www.americanpetrohunter.com
Contact:
Investor Relations:
Mountainview IR Services, Inc.
1-888-521-7762
investors@americanpetrohunterinc.com
SCOTTSDALE, AZ � September 20, 2011 (Investorideas.com energy newswire) - American Petro-Hunter, Inc. (OTC.BB:AAPH) ("American Petro-Hunter" or the "Company") today is pleased to announce the commencement of drilling at the NOW-2H horizontal oil well at the Company's North Oklahoma Mississippi Project. The drill rig has arrived onsite and spud activity commenced immediately.
As previously reported, the NOW-2H horizontal well is a direct 160 acre offset to, and � mile from, the producing NOM-1H. Once the Mississippi formation reservoir is reached vertically, the subsequent directional drilling will involve a 1,600-foot lateral leg drilled directly along the over 100-foot-thick limestone of the Mississippi formation pay zone.
Drilling should take between 15-18 days to reach total depth (T.D.), after which the Company confidently anticipates a rapid program to complete the well. The current objective is to have the NOW-2H pumping to the existing tank battery and gas pipeline by the end of October.
Company President Robert McIntosh states, "The NOW2-H well is the second of 11 wells to be drilled in the flourishing North Oklahoma Mississippi Lime Play which is rapidly becoming one of the premier oilfields in the country. With literally 100s of horizontal wells drilled and already producing, reservoir development in this region of the mid-continent is moving forward and creating news virtually every day." Mr. McIntosh continues, "American Petro-Hunter enjoys an enviable position with access to some of the best leases in the entire play and the Company is committed to an aggressive drilling schedule with plans to start a new well every 60 days so that we can maximize net production as quickly as possible."
About American Petro-Hunter, Inc. (OTCBB: AAPH)
The Company is a goal-oriented exploration and production (E&P) Company aiming to become an intermediate level oil and gas producer within 12 months. The Company is in production at the Poston Project in Trego County Kansas with new drilling activity and production underway at the North Oklahoma Oil Project. With the achievable target of becoming a 1000 BOE producer as our goal, American Petro-Hunter is actively on the "hunt" for domestic petroleum assets. Visit us at: www.americanpetrohunter.com
Notice Regarding Forward-Looking Statements
This news release contains "forward-looking statements" as that term is defined in Section 27A of the United
ON BEHALF OF THE BOARD
American Petro-Hunter, Inc.
Robert McIntosh
President & C.E.O.
To find out more about American Petro-Hunter, Inc. (OTC.BB:AAPH), visit our website at www.americanpetrohunter.com
Contact:
Investor Relations:
Mountainview IR Services, Inc.
1-888-521-7762
investors@americanpetrohunterinc.com
Visit the AAPH showcase profile at Investorideas.com
Request News and Info on AAPH
Disclosure, Disclaimer/ AAPH is a paid advertising client on Investorideas.com.
American Petro-hunter Inc. (AAPH.OB) showcase energy stock on Investorideas.com and energy portals and blogs (averages two thousand per month)
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Disclosure, Disclaimer/ AAPH is a paid advertising client on Investorideas.com.
American Petro-hunter Inc. (AAPH.OB) showcase energy stock on Investorideas.com and energy portals and blogs (averages two thousand per month)
Growth in Horizontal Shale Plays: (OTCBB: AAPH), (NYSE: CHK), (NYSE:HES)
PointRoberts , WA. - September 20, 2011 (Investorideas.com Energy Newswire) - www.InvestorIdeas.com, a leader in sector research, issues a trading and industry snapshot on the growth in horizontal share plays.
According to a recent article in Futures.mag.com, horizontal shale plays are on the rise."
With 1,934 rigs currently working onshore the US, the number of rigs has increase by 308 over the year, spurred by increased drilling and development in various shale plays across the nation. An overwhelming majority of the wells currently being drilled are horizontal at 1,137."
Junior oil and gas company, American Petro-Hunter, Inc. (OTCBB: AAPH) announced September 8 th it is moving ahead with operations at the NOW-2H horizontal oil well site at the Company's North Oklahoma Project. All field preparations have been completed and readied for the arrival of the drilling rig.
The NOW-2H horizontal well is a direct 160 acre offset to, and ½ mile from, the NOM-1H well which began full commercial oil and gas production on July 6th. Once drilling commences and the Mississippi formation reservoir is reached vertically, the subsequent directional drilling will involve a 1,600 foot lateral leg drilled directly along the over-100-foot-thick pay zone. Drilling should take between 15-18 days to reach T.D., after which the Company confidently anticipates a rapid program to complete the well. According to the company, "The current objective is to have the NOW-2H pumping to the existing tank battery and gas pipeline by the end of October."
Hess Corporation (NYSE:HES) announced September 8 th it had acquired Marquette Exploration LLC and other leases in Ohio's Utica Shale, boosting its acreage position by 85,000 net acres at a cost of approximately $750 million.
Frac Tech International, LLC independent provider of oil and natural gas well stimulation services with expertise in high-pressure hydraulic fracturing filed a $1.15 billion IPO this month, evidencing the growth of horizontal drilling in the US and in particular shale plays.
Their customers include Chesapeake Energy Corporation (NYSE: CHK ), Anadarko Petroleum Corporation (NYSE: APC), El Paso Corporation (NYSE: EP ), Marathon Oil Corporation (NYSE:MRO) , Petrohawk Energy (owned by BHP Billiton Ltd.), Range Resources Corporation (NYSE: RRC ) and XTO Energy (owned by Exxon Mobil Corporation). Chesapeake Energy Corporation (NYSE: CHK ) is the largest US player in horizontal shale plays and is most active driller of new wells in the U.S.
Frac Tech revenues have grown from $214.4 million in 2006 to $1,286.6 million in 2010, a compound annual growth rate of 56.5%. According to the filing, "We are benefitting from a number of positive industry developments, including a dramatic increase in the amount and efficiency of horizontal drilling activity, an increase in the number of hydraulic fracturing stages per well and an increase in drilling activity in oil- and liquids-rich shale formations."
Research more oil and gas stocks with the oil and gas stock directory at Investorideas.com - lists over 600 stocks
http://www.investorideas.com/OGSN/Stock_List.asp
Featured Oklahoma Oil and Gas Stock
American Petro-Hunter, Inc. (OTCBB: AAPH)
The Company is a goal-oriented exploration and production (E&P) Company aiming to become an intermediate level oil and gas producer within 12 months. The Company is in production at the Poston Project in Trego County, Kansas and the North Oklahoma Project. With the achievable target of becoming a 1000 BOE producer as our goal, American Petro-Hunter is actively on the "hunt" for domestic petroleum assets. Visit us at: www.americanpetrohunter.com
Investor Relations:
Mountainview IR Services, Inc.
1-888-521-7762
investors@americanpetrohunterinc.com
Visit the company profile at Investorideas.com
http://www.investorideas.com/CO/AAPH/
Get news and stock alerts for AAPH
http://www.investorideas.com/Resources/Newsletter.asp
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 onlineadvertising . www.InvestorIdeas.com/About/Disclaimer.asp
Disclosure: AAPH is a paid showcase energy stock on Investorideas.com (third party, averages three thousand per month)
BC Residents and Investor Disclaimer : Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894
Source - Investorideas.com
800 665 0411
Point
According to a recent article in Futures.mag.com, horizontal shale plays are on the rise."
With 1,934 rigs currently working onshore the US, the number of rigs has increase by 308 over the year, spurred by increased drilling and development in various shale plays across the nation. An overwhelming majority of the wells currently being drilled are horizontal at 1,137."
Junior oil and gas company, American Petro-Hunter, Inc. (OTCBB: AAPH) announced September 8 th it is moving ahead with operations at the NOW-2H horizontal oil well site at the Company's North Oklahoma Project. All field preparations have been completed and readied for the arrival of the drilling rig.
The NOW-2H horizontal well is a direct 160 acre offset to, and ½ mile from, the NOM-1H well which began full commercial oil and gas production on July 6th. Once drilling commences and the Mississippi formation reservoir is reached vertically, the subsequent directional drilling will involve a 1,600 foot lateral leg drilled directly along the over-100-foot-thick pay zone. Drilling should take between 15-18 days to reach T.D., after which the Company confidently anticipates a rapid program to complete the well. According to the company, "The current objective is to have the NOW-2H pumping to the existing tank battery and gas pipeline by the end of October."
Hess Corporation (NYSE:HES) announced September 8 th it had acquired Marquette Exploration LLC and other leases in Ohio's Utica Shale, boosting its acreage position by 85,000 net acres at a cost of approximately $750 million.
Frac Tech International, LLC independent provider of oil and natural gas well stimulation services with expertise in high-pressure hydraulic fracturing filed a $1.15 billion IPO this month, evidencing the growth of horizontal drilling in the US and in particular shale plays.
Their customers include Chesapeake Energy Corporation (NYSE: CHK ), Anadarko Petroleum Corporation (NYSE: APC), El Paso Corporation (NYSE: EP ), Marathon Oil Corporation (NYSE:MRO) , Petrohawk Energy (owned by BHP Billiton Ltd.), Range Resources Corporation (NYSE: RRC ) and XTO Energy (owned by Exxon Mobil Corporation). Chesapeake Energy Corporation (NYSE: CHK ) is the largest US player in horizontal shale plays and is most active driller of new wells in the U.S.
Frac Tech revenues have grown from $214.4 million in 2006 to $1,286.6 million in 2010, a compound annual growth rate of 56.5%. According to the filing, "We are benefitting from a number of positive industry developments, including a dramatic increase in the amount and efficiency of horizontal drilling activity, an increase in the number of hydraulic fracturing stages per well and an increase in drilling activity in oil- and liquids-rich shale formations."
Research more oil and gas stocks with the oil and gas stock directory at Investorideas.com - lists over 600 stocks
http://www.investorideas.com/OGSN/Stock_List.asp
Featured Oklahoma Oil and Gas Stock
American Petro-Hunter, Inc. (OTCBB: AAPH)
The Company is a goal-oriented exploration and production (E&P) Company aiming to become an intermediate level oil and gas producer within 12 months. The Company is in production at the Poston Project in Trego County, Kansas and the North Oklahoma Project. With the achievable target of becoming a 1000 BOE producer as our goal, American Petro-Hunter is actively on the "hunt" for domestic petroleum assets. Visit us at: www.americanpetrohunter.com
Investor Relations:
Mountainview IR Services, Inc.
1-888-521-7762
investors@americanpetrohunterinc.com
Visit the company profile at Investorideas.com
http://www.investorideas.com/CO/AAPH/
Get news and stock alerts for AAPH
http://www.investorideas.com/Resources/Newsletter.asp
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
Disclosure: AAPH is a paid showcase energy stock on Investorideas.com (third party, averages three thousand per month)
BC Residents and Investor Disclaimer : Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894
Source - Investorideas.com
800 665 0411
Monday, September 19, 2011
Friday's NASDAQ Winners: SCIL, PNSN, STRC, BSQR
POINT ROBERTS - September 19, 2011 - www.InvestorIdeas.com, a global investor research portal for independent investors, reports on top percentage gainers on the NASDAQ for Friday September 16th. Nasdaq closed higher for the fifth consecutive days and added +15.24 (0.58%) to 2,622.31.
Scientific Learning Corporation (NASDAQ:SCIL), a provider of technologies for accelerated learning, was the top percentage gainer for the session closing higher by 0.74 (29.60%) to $3.24 on no news., The stock bounced back after falling about 15% in the recent weeks. The stock has a 52-week range of $2.36-$5.13.
Penson Worldwide, Inc. (NASDAQ:PNSN) surged 0.45 (28.48%) to close at $2.03 after the stock made a new 52-week low of $1.58 earlier in the session. The stock is still down 58.50% so far this year. The stock has 52-week range of $1.58-$7.41.
SRI/Surgical Express, Inc. (NASDAQ:STRC) closed with a gain of +0.80 (25.40%) to end the day at $3.95 following the company announced that its Board ofDirectors will conduct an open process to explore and evaluate strategic alternatives for SRI Surgical to enhance shareholder value, including a possible strategic alliance, merger or sale of SRI Surgical.
BSQUARE Corporation (NASDAQ:BSQR) ended at $5.45, up 0.71 (14.98%) on no news. So far this year, the stock is still down about 36%. It has a 52-week range of $3.07-$13.75. Yesterday, more than 432K shares exchanged hands - 8X its average volume.
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POINT ROBERTS - September 19, 2011 - www.InvestorIdeas.com, a global investor research portal for independent investors, reports on top percentage gainers on the NASDAQ for Friday September 16th. Nasdaq closed higher for the fifth consecutive days and added +15.24 (0.58%) to 2,622.31.
Scientific Learning Corporation (NASDAQ:SCIL), a provider of technologies for accelerated learning, was the top percentage gainer for the session closing higher by 0.74 (29.60%) to $3.24 on no news., The stock bounced back after falling about 15% in the recent weeks. The stock has a 52-week range of $2.36-$5.13.
Penson Worldwide, Inc. (NASDAQ:PNSN) surged 0.45 (28.48%) to close at $2.03 after the stock made a new 52-week low of $1.58 earlier in the session. The stock is still down 58.50% so far this year. The stock has 52-week range of $1.58-$7.41.
SRI/Surgical Express, Inc. (NASDAQ:STRC) closed with a gain of +0.80 (25.40%) to end the day at $3.95 following the company announced that its Board of
BSQUARE Corporation (NASDAQ:BSQR) ended at $5.45, up 0.71 (14.98%) on no news. So far this year, the stock is still down about 36%. It has a 52-week range of $3.07-$13.75. Yesterday, more than 432K shares exchanged hands - 8X its average volume.
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Gold Stocks; Gold Bullion Development Corp. (TSX-V: GBB) announces filing of preliminary prospectus for "spin-out" and initial public offering by Castle Silver Mines Inc.
VANCOUVER - September 19, 2011 (Investorideas.com Mining stocks Newswire) - Gold Bullion Development Corp. (TSXV: GBB, OTC PINK: GBBFF) announces that Castle Silver Mines Inc., a wholly-owned subsidiary of Gold Bullion, has filed a preliminary prospectus with the securities commissions of each of the provinces of Canada in connection with an initial public offering, and a secondary offering to the shareholders of Gold Bullion of shares of Castle Silver Mines by way of dividend in kind.
Initial Public Offering
Castle Silver Mines is effecting an initial public offering of 4,750,000 "flow-through" units at a price of $0.40 per unit, and a minimum of 3 million and a maximum of 5 million common share units at a price of $0.30 per unit, for maximum gross proceeds to Castle Silver Mines of $3.4 million. Each "flow-through" unit will consist of one common share of Castle Silver Mines and one-half of a common share purchase warrant. Each common share unit will consist of one common share of Castle Silver Mines and one common share purchase warrant. Each full warrant will entitle its holder to acquire one additional common share of Castle Silver Mines at a price of $0.50 for a period of 18 months.
The proceeds from the initial public offering will be used by Castle Silver Mines for exploration work on its Castle Silver Mine property, future property acquisitions and for working capital and general corporate purposes. A description of the recommended exploration program for the Castle Silver Mine property is summarized in the prospectus, which will be available under Castle Silver Mines' company profile on SEDAR at www.sedar.com.
Industrial Alliance Securities Inc. is acting as agent for the initial public offering on a "best-efforts" basis. Castle Silver Mines will grant Industrial Alliance Securities an option to offer up to 750,000 additional common share units and up to 712,500 additional "flow-through" units, representing 15% of the number of units offered, to cover over-allotments, if any. The over-allotment option may be exercised at the offering prices for a period of 30 days from the date of closing of the offering. If Industrial Alliance Securities exercises the over-allotment option in full after a maximum offering, the total gross proceeds of the offering will be $3,910,000.
"Spin-Out" to Shareholders of Gold Bullion
Concurrently with the initial public offering, Gold Bullion Development Corp., the sole shareholder of Castle Silver Mines, will distribute an aggregate of approximately 1,950,000 common shares of Castle Silver Mines to the shareholders of Gold Bullion resident in Canada , by way of dividend in kind. Gold Bullion shareholders will receive one common share of Castle Silver Mines for approximately every 85 issued and outstanding Gold Bullion shares on the distribution record date. The record date for the distribution of the Castle Silver Mines shares will be set by the Board ofDirectors of Gold Bullion in accordance with the policies of the TSX Venture Exchange. Gold Bullion will issue a press release announcing the record date and the distribution ratio. Gold Bullion will retain approximately 7.8 million shares of Castle Silver Mines.
In the event of an initial public offering by Castle Silver Mines in a maximum amount of $3.4 million, investors in the initial public offering will hold 50% of the outstanding shares of Castle Silver Mines, Gold Bullion will hold 40% of the outstanding shares, and the shareholders of Gold Bullion will hold in the aggregate 10% of the outstanding shares.
Castle Silver Mines
Castle Silver Mines Inc. was incorporated in March 2011 as a wholly-owned subsidiary of Gold Bullion, for the purpose of taking over the silver assets and exploration activities currently carried on by Gold Bullion, so that Gold Bullion can devote itself solely to exploration for gold. Prior to the distribution record date, Castle Silver Mines Inc. will acquire the Castle Silver Mine property in Gowganda, Ontario from Gold Bullion, which comprises Gold Bullion's sole silver exploration property. After such transfer, Gold Bullion does not intend to be directly involved in silver exploration. Castle Silver Mines may acquire additional interests in silver exploration properties in the future.
The initial public offering by Castle Silver Mines and the distribution by Gold Bullion of approximately 1,950,000 Castle Silver Mines common shares to the shareholders of Gold Bullion are subject to regulatory approval, including that of the TSX Venture Exchange.
Castle Gold Mines' common shares have not been registered under the UnitedStates Securities Act of 1933, as amended, and may not be offered or sold within the United States or to, or for the account or benefit of, U.S. persons absent U.S registration or an applicable exemption from U.S. registration requirements.
About Gold Bullion Development Corp.
Gold Bullion Development Corp. is a TSX Venture-listed junior natural resource company focusing on the exploration and development of its Granada Property near Rouyn-Noranda, Qu�bec, and its Castle Silver Mine property in Gowganda, Ontario.
For more information on Gold Bullion Development Corp. (TSXV:GBB.V) (Other OTC:GBBFF.PK), visit our web site: http://www.GoldBullionDevelopmentCorp.com
Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore, involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.
VANCOUVER - September 19, 2011 (Investorideas.com Mining stocks Newswire) - Gold Bullion Development Corp. (TSXV: GBB, OTC PINK: GBBFF) announces that Castle Silver Mines Inc., a wholly-owned subsidiary of Gold Bullion, has filed a preliminary prospectus with the securities commissions of each of the provinces of Canada in connection with an initial public offering, and a secondary offering to the shareholders of Gold Bullion of shares of Castle Silver Mines by way of dividend in kind.
Initial Public Offering
Castle Silver Mines is effecting an initial public offering of 4,750,000 "flow-through" units at a price of $0.40 per unit, and a minimum of 3 million and a maximum of 5 million common share units at a price of $0.30 per unit, for maximum gross proceeds to Castle Silver Mines of $3.4 million. Each "flow-through" unit will consist of one common share of Castle Silver Mines and one-half of a common share purchase warrant. Each common share unit will consist of one common share of Castle Silver Mines and one common share purchase warrant. Each full warrant will entitle its holder to acquire one additional common share of Castle Silver Mines at a price of $0.50 for a period of 18 months.
The proceeds from the initial public offering will be used by Castle Silver Mines for exploration work on its Castle Silver Mine property, future property acquisitions and for working capital and general corporate purposes. A description of the recommended exploration program for the Castle Silver Mine property is summarized in the prospectus, which will be available under Castle Silver Mines' company profile on SEDAR at www.sedar.com.
Industrial Alliance Securities Inc. is acting as agent for the initial public offering on a "best-efforts" basis. Castle Silver Mines will grant Industrial Alliance Securities an option to offer up to 750,000 additional common share units and up to 712,500 additional "flow-through" units, representing 15% of the number of units offered, to cover over-allotments, if any. The over-allotment option may be exercised at the offering prices for a period of 30 days from the date of closing of the offering. If Industrial Alliance Securities exercises the over-allotment option in full after a maximum offering, the total gross proceeds of the offering will be $3,910,000.
"Spin-Out" to Shareholders of Gold Bullion
Concurrently with the initial public offering, Gold Bullion Development Corp., the sole shareholder of Castle Silver Mines, will distribute an aggregate of approximately 1,950,000 common shares of Castle Silver Mines to the shareholders of Gold Bullion resident in Canada , by way of dividend in kind. Gold Bullion shareholders will receive one common share of Castle Silver Mines for approximately every 85 issued and outstanding Gold Bullion shares on the distribution record date. The record date for the distribution of the Castle Silver Mines shares will be set by the Board of
In the event of an initial public offering by Castle Silver Mines in a maximum amount of $3.4 million, investors in the initial public offering will hold 50% of the outstanding shares of Castle Silver Mines, Gold Bullion will hold 40% of the outstanding shares, and the shareholders of Gold Bullion will hold in the aggregate 10% of the outstanding shares.
Castle Silver Mines
Castle Silver Mines Inc. was incorporated in March 2011 as a wholly-owned subsidiary of Gold Bullion, for the purpose of taking over the silver assets and exploration activities currently carried on by Gold Bullion, so that Gold Bullion can devote itself solely to exploration for gold. Prior to the distribution record date, Castle Silver Mines Inc. will acquire the Castle Silver Mine property in Gowganda, Ontario from Gold Bullion, which comprises Gold Bullion's sole silver exploration property. After such transfer, Gold Bullion does not intend to be directly involved in silver exploration. Castle Silver Mines may acquire additional interests in silver exploration properties in the future.
The initial public offering by Castle Silver Mines and the distribution by Gold Bullion of approximately 1,950,000 Castle Silver Mines common shares to the shareholders of Gold Bullion are subject to regulatory approval, including that of the TSX Venture Exchange.
Castle Gold Mines' common shares have not been registered under the United
About Gold Bullion Development Corp.
Gold Bullion Development Corp. is a TSX Venture-listed junior natural resource company focusing on the exploration and development of its Granada Property near Rouyn-Noranda, Qu�bec, and its Castle Silver Mine property in Gowganda, Ontario.
For more information on Gold Bullion Development Corp. (TSXV:GBB.V) (Other OTC:GBBFF.PK), visit our web site: http://www.GoldBullionDevelopmentCorp.com
Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore, involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.
Visit the GBB showcase profile at Investorideas.com
Request News and Info on GBB
Disclosure, Disclaimer/ GBB is a paid advertising client on Investorideas.com and our mining portals.
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Disclosure, Disclaimer/ GBB is a paid advertising client on Investorideas.com and our mining portals.
Energy Stocks; Aroway Energy Inc. (TSX-V:ARW; PINK:ARWJF) Closes in on Year-End Production Target
CALGARY, ALBERTA - September 19, 2011 (Investorideas.com energystocks newswire) � Aroway Minerals Inc. (TSX-V:ARW; PINK:ARWJF) (www.arowayenergy.com) (the "Company") is pleased to announce that the Company is ahead of schedule on its 2011 year end production target of 600 boe/day. Aroway's current net production is 530 boe/day which is made up of 76% oil, 22% gas and 2% natural gas liquids from the Company's Peace River Arch core area. Aroway expects to surpass its 2011 production target before year-end as the Company continues its recompletion program and the partnership's latest drilled wells are tested and brought online.
Chris Cooper, President & CEO commented, "This is a tremendous accomplishment for Aroway Energy and our joint venture partner. We have worked diligently to ensure we meet all of our targets and expectations that we communicate to our shareholders. The Company's growth over the past year from a small 4 section farm-in with no production, to almost surpassing our year-end target today coupled with our rolling option on 96 sections of land with 3 months remaining in 2011 is a formidable achievement."
During the remainder of 2011, the Company and its joint venture partner will continue its exploration and development program with an additional 2 wells to be drilled before year-end pending regulatory approval and rig availability. The partnership continues to be active pursuing land acquisition opportunities which will increase the Company's strategic foot print in the Peace River Arch core area.
The Company will release material information with respect to new wells and future land acquisitions as the exploration strategy permits.
FORWARD LOOKING STATEMENTS
This news release contains forward-looking statements relating to the Company's plans and other aspects of the Company's anticipated future operations, management focus, strategies, financial and operating results and business opportunities. Forward-looking statements typically use words such as "anticipate", "believe", "project", "expect", "goal", "plan", "intend" or similar words suggesting future outcomes, statements that actions, events or conditions "may", "would", "could" or "will" be taken or occur in the future. In particular, this press release contains forward-looking statements relating, but not limited to:
About Aroway Energy Inc.
Aroway Energy Inc. is a Western Canadian junior oil and gas production and exploration company participating in "non-operated" Peace River Arch oil and gas exploration prospects, through a joint venture partnership. The Company is currently producing approximately 530 boe/day of oil, gas liquids and gas net to Aroway.
ON BEHALF OF AROWAY ENERGY INC.
Chris Cooper, President & CEO
BOEs may be misleading, particularly if used in isolation. A BOE conversion ratio of 6 Mcf: 1bbl is based on an energy equivalency conversion method primarily applicable at the burner tip and does not represent a value equivalency at the wellhead.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Contact:
Chris Cooper
Aroway Energy Inc.
President & CEO
Toll Free: 1-855-427-6929
cooper@arowayenergy.com
Judy-Ann Pottinger
Aroway Energy Inc.
(604) 304-4090 or Cell: (604) 617-5290
(604) 909-2679 (FAX)
jpottinger@arowayenergy.com
www.arowayenergy.com
Toll Free: (888) 258-3323
Investor Cubed Inc.
(416) 363-7977 (FAX)
info@investor3.ca
Disclosure: ARW is a paid advertising client on Investorideas.com and our energy, natural gas, and oil and gas portals.
CALGARY, ALBERTA - September 19, 2011 (Investorideas.com energy
Chris Cooper, President & CEO commented, "This is a tremendous accomplishment for Aroway Energy and our joint venture partner. We have worked diligently to ensure we meet all of our targets and expectations that we communicate to our shareholders. The Company's growth over the past year from a small 4 section farm-in with no production, to almost surpassing our year-end target today coupled with our rolling option on 96 sections of land with 3 months remaining in 2011 is a formidable achievement."
During the remainder of 2011, the Company and its joint venture partner will continue its exploration and development program with an additional 2 wells to be drilled before year-end pending regulatory approval and rig availability. The partnership continues to be active pursuing land acquisition opportunities which will increase the Company's strategic foot print in the Peace River Arch core area.
The Company will release material information with respect to new wells and future land acquisitions as the exploration strategy permits.
FORWARD LOOKING STATEMENTS
This news release contains forward-looking statements relating to the Company's plans and other aspects of the Company's anticipated future operations, management focus, strategies, financial and operating results and business opportunities. Forward-looking statements typically use words such as "anticipate", "believe", "project", "expect", "goal", "plan", "intend" or similar words suggesting future outcomes, statements that actions, events or conditions "may", "would", "could" or "will" be taken or occur in the future. In particular, this press release contains forward-looking statements relating, but not limited to:
- drilling and development plans including the timing of drilling and completion of wells;
- recompletion prospects and amounts therefrom;
- Aroway's business strategy;
- Aroway's future prospects for development and growth;
- anticipated future production.
About Aroway Energy Inc.
Aroway Energy Inc. is a Western Canadian junior oil and gas production and exploration company participating in "non-operated" Peace River Arch oil and gas exploration prospects, through a joint venture partnership. The Company is currently producing approximately 530 boe/day of oil, gas liquids and gas net to Aroway.
ON BEHALF OF AROWAY ENERGY INC.
Chris Cooper, President & CEO
BOEs may be misleading, particularly if used in isolation. A BOE conversion ratio of 6 Mcf: 1bbl is based on an energy equivalency conversion method primarily applicable at the burner tip and does not represent a value equivalency at the wellhead.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Contact:
Chris Cooper
Aroway Energy Inc.
President & CEO
Toll Free: 1-855-427-6929
cooper@arowayenergy.com
Judy-Ann Pottinger
Aroway Energy Inc.
(604) 304-4090 or Cell: (604) 617-5290
(604) 909-2679 (FAX)
jpottinger@arowayenergy.com
www.arowayenergy.com
Toll Free: (888) 258-3323
Investor Cubed Inc.
(416) 363-7977 (FAX)
info@investor3.ca
Disclosure: ARW is a paid advertising client on Investorideas.com and our energy, natural gas, and oil and gas portals.
Friday, September 16, 2011
Solar Energy Stocks Alert: Premier Power (OTCBB:PPRW) Announces Coverage by Harbinger Research
EL DORADO HILLS, Calif. - September 16, 2011 - Investorideas.com renewable energy stocks - 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 it has posted an, Annual Report, PDF document up on the Company's web site which can be accessed at www.premierpower.com under the investor section.
Premier Power Renewable Energy, Inc. (PPRW) recently stated that it continues to expect 2011 revenue of $100.0 million to $120.0 million and the annual report document does provide investors with additional insights into the Company's current fundamentals and long term business prospects.
Additionally, the Company has recently engaged the services of Harbinger Research which will provide an update to the Company's Harbinger Research Report from a year ago. Brian R. Connell, CFA, a Harbinger Research Senior Analyst, stated, "We are thrilled to update our prior 2010 coverage on Premier, as we believe it is well-positioned in the rapidly growing North American and European solar energy industries. Premier Power provides business, and carrier-class engineering, procurement and construction services to customers in North America, Europe, and South America. The Company also develops complete solar power generation facilities for utilities and financial investors."
Despite all of the economic turmoil, we continue to see exciting growth opportunities for our business," said Frank J. Sansone, chief financial officer of Premier Power. "And we remain very positive about prospects for future growth opportunities in both Europe and North America. Sansone continued, "We felt it was important for us to provide shareholders and investor with an update on the Company's fundamental develops by posting this Annual Report document online and by utilizing Harbinger Research. We expect their research report to be available early next week."
About Premier Power:
Premier Power Renewable Energy, Inc. is a leading global provider of large and small-scale solar power systems, delivering unmatched experience to commercial and governmental 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 commonstock quoted on the OTC Bulletin Board under the symbol PPRW.OB. Additional information is available at the Company's website at www.premierpower.com.
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.
Contact:
Frank Sansone
Email: fsansone@premierpower.com
Phone: 916-939-0400
EL DORADO HILLS, Calif. - September 16, 2011 - Investorideas.com renewable energy stocks - 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 it has posted an, Annual Report, PDF document up on the Company's web site which can be accessed at www.premierpower.com under the investor section.
Premier Power Renewable Energy, Inc. (PPRW) recently stated that it continues to expect 2011 revenue of $100.0 million to $120.0 million and the annual report document does provide investors with additional insights into the Company's current fundamentals and long term business prospects.
Additionally, the Company has recently engaged the services of Harbinger Research which will provide an update to the Company's Harbinger Research Report from a year ago. Brian R. Connell, CFA, a Harbinger Research Senior Analyst, stated, "We are thrilled to update our prior 2010 coverage on Premier, as we believe it is well-positioned in the rapidly growing North American and European solar energy industries. Premier Power provides business, and carrier-class engineering, procurement and construction services to customers in North America, Europe, and South America. The Company also develops complete solar power generation facilities for utilities and financial investors."
Despite all of the economic turmoil, we continue to see exciting growth opportunities for our business," said Frank J. Sansone, chief financial officer of Premier Power. "And we remain very positive about prospects for future growth opportunities in both Europe and North America. Sansone continued, "We felt it was important for us to provide shareholders and investor with an update on the Company's fundamental develops by posting this Annual Report document online and by utilizing Harbinger Research. We expect their research report to be available early next week."
About Premier Power:
Premier Power Renewable Energy, Inc. is a leading global provider of large and small-scale solar power systems, delivering unmatched experience to commercial and governmental 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
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.
Contact:
Frank Sansone
Email: fsansone@premierpower.com
Phone: 916-939-0400
Thursday's OTC Top Percentage Gainers: OTC: TMSH, SPQS, CMXI, XTOG
POINT ROBERTS - September 16, 2011 - www.InvestorIdeas.com, a global investor research portal for independent investors, reports on top percentage gainers on the OTCBB for September 15.
Timeshare Holdings Inc (PINK: TMSH) was the biggest gainer moving 0.0050 (50.00%) to $0.0150 with more than 269K traded hands. The stock has fallen over 40% in the past one week on increase volume. TransGlobal Assets, Inc., formerly Timeshare Holdings, Inc., is a development-stage company. The Company's revenues are generated from the sale of its loan products, and performance of professional services regarding the origination and servicing of consumer loans.
SportsQuest, Inc. (PINK: SPQS) added 0.0002 (28.57%) to closed at $0.0009 on over 44.32 million shares traded hands, compared to its average volume of 9.52 million shares after the company announced that its wholly owned subsidiary, Maize Plus, had a successful meeting with the New York City School District Teachers Union and will launch a test market for the Zabo Gourmet Vegetable Chips in several New York City schools.
Cytomedix, Inc. (OTC: CMXI) gained 0.090 (25.71%) to $0.44 on over 436K shares - over 6X its average volume. The company announced the launch of the Company's Hair Restoration Wound Care Program at the 19th Annual Scientific Meeting of the International Society of Hair Restoration Surgeons being held from September 14-18 in Anchorage, Alaska.
XTREME OIL & GAS INC (OTC: XTOG) climbed 0.070 (28.00%) to $0.320. The Company has received a second Letter of Intent from Southern Wellhead Services to dispose of 5,000 barrels per day of saltwater in Xtreme's Oklahoma commercial disposal well. Southern has been actively providing oilfield services in central Oklahoma for 30 years.
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BC Residents and Investor Disclaimer : Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894
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POINT ROBERTS - September 16, 2011 - www.InvestorIdeas.com, a global investor research portal for independent investors, reports on top percentage gainers on the OTCBB for September 15.
Timeshare Holdings Inc (PINK: TMSH) was the biggest gainer moving 0.0050 (50.00%) to $0.0150 with more than 269K traded hands. The stock has fallen over 40% in the past one week on increase volume. TransGlobal Assets, Inc., formerly Timeshare Holdings, Inc., is a development-stage company. The Company's revenues are generated from the sale of its loan products, and performance of professional services regarding the origination and servicing of consumer loans.
SportsQuest, Inc. (PINK: SPQS) added 0.0002 (28.57%) to closed at $0.0009 on over 44.32 million shares traded hands, compared to its average volume of 9.52 million shares after the company announced that its wholly owned subsidiary, Maize Plus, had a successful meeting with the New York City School District Teachers Union and will launch a test market for the Zabo Gourmet Vegetable Chips in several New York City schools.
Cytomedix, Inc. (OTC: CMXI) gained 0.090 (25.71%) to $0.44 on over 436K shares - over 6X its average volume. The company announced the launch of the Company's Hair Restoration Wound Care Program at the 19th Annual Scientific Meeting of the International Society of Hair Restoration Surgeons being held from September 14-18 in Anchorage, Alaska.
XTREME OIL & GAS INC (OTC: XTOG) climbed 0.070 (28.00%) to $0.320. The Company has received a second Letter of Intent from Southern Wellhead Services to dispose of 5,000 barrels per day of saltwater in Xtreme's Oklahoma commercial disposal well. Southern has been actively providing oilfield services in central Oklahoma for 30 years.
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BC Residents and Investor Disclaimer : Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894
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Thursday's NASDAQ Top Gainers: TSPT, FNDT, STRC, EVBS
POINT ROBERTS - September 16, 2011 - www.InvestorIdeas.com, a global investor research portal for independent investors, reports on top percentage gainers on the NASDAQ for Thursday September 15th. Nasdaq closed higher for the fourth consecutive days and added +34.52 (1.34%) to close at 2,607.07.
Transcept Pharmaceuticals, Inc. (NASDAQ:TSPT) was the top percentage gainer for the session closing higher by 2.66 (79.64%) to $6.00, following the company announced that it is planning to file to the Food and Drug Administration a new drug application for its candidate known as Intermezzo, for treat of insomnia.
Fundtech Ltd. (NASDAQ:FNDT) surged +5.62 (32.00%) to close at $23.18 and made a new 52-wek high of $23.27 after the company said that the bid from private-equity company GTCR outbid the bid made by S1 Corp.
SRI/Surgical Express, Inc. (NASDAQ:STRC) closed with a whopping gain of +0.80 (25.40%) to end the day at $3.95 following the company announced that its Board of Directors will conduct an open process to explore and evaluate strategic alternatives for SRI Surgical to enhance shareholder value, including a possible strategic alliance, merger or sale of SRI Surgical.
Eastern Virginia Bankshares, Inc. (NASDAQ:EVBS) ended at $2.75, up 0.55 (25.00%) on no news. So far this year, the stock is still down about 27%. It has a 52-week range of $1.50-$5.40. Yesterday, more than 15K shares exchanged hands - 3X its average volume.
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POINT ROBERTS - September 16, 2011 - www.InvestorIdeas.com, a global investor research portal for independent investors, reports on top percentage gainers on the NASDAQ for Thursday September 15th. Nasdaq closed higher for the fourth consecutive days and added +34.52 (1.34%) to close at 2,607.07.
Transcept Pharmaceuticals, Inc. (NASDAQ:TSPT) was the top percentage gainer for the session closing higher by 2.66 (79.64%) to $6.00, following the company announced that it is planning to file to the Food and Drug Administration a new drug application for its candidate known as Intermezzo, for treat of insomnia.
Fundtech Ltd. (NASDAQ:FNDT) surged +5.62 (32.00%) to close at $23.18 and made a new 52-wek high of $23.27 after the company said that the bid from private-equity company GTCR outbid the bid made by S1 Corp.
SRI/Surgical Express, Inc. (NASDAQ:STRC) closed with a whopping gain of +0.80 (25.40%) to end the day at $3.95 following the company announced that its Board of Directors will conduct an open process to explore and evaluate strategic alternatives for SRI Surgical to enhance shareholder value, including a possible strategic alliance, merger or sale of SRI Surgical.
Eastern Virginia Bankshares, Inc. (NASDAQ:EVBS) ended at $2.75, up 0.55 (25.00%) on no news. So far this year, the stock is still down about 27%. It has a 52-week range of $1.50-$5.40. Yesterday, more than 15K shares exchanged hands - 3X its average volume.
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Energy Investor Alert: Osage (OTCBB: OEDV) and PetroQuest (NYSE:PQ) Announce Mississippian Formation Acreage Acquisitions
Point Roberts, WA. - September 16, 2011 (Investorideas.com Energy Newswire) - www.InvestorIdeas.com, a leader in sector research including oil and gas stocks reports on recent news and developments in the Mississippian Formation play.
Earlier this week Osage Exploration and Development, Inc. (OTCBB: OEDV) reported, along with its partners Slawson Exploration Company and U.S. Energy Development Corporation, had increased the net land position to 15,000 acres in the highly prospective area east of the Nemaha Ridge in the Oklahoma horizontal Mississippian play.
Slawson Exploration Company is the Operator of the project and owns 45%, U.S. Energy Development Corporation owns 30%, and Osage Exploration has 25%.
On Tuesday, PetroQuest Energy, Inc. (NYSE:PQ) announced it had closed its Mississippian Lime acquisition of 28,250 acres for an adjusted purchase price of $24,100,000. The acreage is located in Pawnee County, Oklahoma and has approximately 50 Boe/d of production and five saltwater disposal wells. Approximately 4,500 of the 28,250 acres are held by production with the remaining acreage subject to multi-year leases.
Subsequent to the closing of this acquisition, the Company sold a 50% working interest in the Pawnee County acreage for approximately $14,500,000. After completing this acquisition and subsequent sell-down, the Company has approximately 24,000 net acres in Pawnee, Grant and Kay Counties in Oklahoma and Sumner County, Kansas and expects to spud its first well targeting the Mississippian Lime near the end of the year.
For a visual depiction of the horizontal drilling technique that OEDV will be utilizing in the Nemaha Ridge project, click on the video link below:
http://www.osageexploration.com/video/index.htm
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About Osage Exploration and Development, Inc.
Based in San Diego, California with production offices in Oklahoma City, Oklahoma, and executive offices in Bogotá, 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
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Disclosure: OEDV is a paid advertising oil and gas company on Investorideas.com - Disclosure: (6 months starting May 24, 2011 thirty five hundred per month, 100,000 144 shares)
BC Residents and Investor Disclaimer : Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894
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Point Roberts, WA. - September 16, 2011 (Investorideas.com Energy Newswire) - www.InvestorIdeas.com, a leader in sector research including oil and gas stocks reports on recent news and developments in the Mississippian Formation play.
Earlier this week Osage Exploration and Development, Inc. (OTCBB: OEDV) reported, along with its partners Slawson Exploration Company and U.S. Energy Development Corporation, had increased the net land position to 15,000 acres in the highly prospective area east of the Nemaha Ridge in the Oklahoma horizontal Mississippian play.
Slawson Exploration Company is the Operator of the project and owns 45%, U.S. Energy Development Corporation owns 30%, and Osage Exploration has 25%.
On Tuesday, PetroQuest Energy, Inc. (NYSE:PQ) announced it had closed its Mississippian Lime acquisition of 28,250 acres for an adjusted purchase price of $24,100,000. The acreage is located in Pawnee County, Oklahoma and has approximately 50 Boe/d of production and five saltwater disposal wells. Approximately 4,500 of the 28,250 acres are held by production with the remaining acreage subject to multi-year leases.
Subsequent to the closing of this acquisition, the Company sold a 50% working interest in the Pawnee County acreage for approximately $14,500,000. After completing this acquisition and subsequent sell-down, the Company has approximately 24,000 net acres in Pawnee, Grant and Kay Counties in Oklahoma and Sumner County, Kansas and expects to spud its first well targeting the Mississippian Lime near the end of the year.
For a visual depiction of the horizontal drilling technique that OEDV will be utilizing in the Nemaha Ridge project, click on the video link below:
http://www.osageexploration.com/video/index.htm
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About Osage Exploration and Development, Inc.
Based in San Diego, California with production offices in Oklahoma City, Oklahoma, and executive offices in Bogotá, 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
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Osage Exploration and Development, Inc. (OEDV.OB) is a showcase oil and gas stock on Investorideas.com
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Disclosure: OEDV is a paid advertising oil and gas company on Investorideas.com - Disclosure: (6 months starting May 24, 2011 thirty five hundred per month, 100,000 144 shares)
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Thursday, September 15, 2011
Wednesday's Iron Ore Stocks Trading Snapshot; (NYSE: RIO), (OTC: TRKP), (LSE: FXPO), (NASDAQ:STLD)
Point Roberts WA - September 15, 2011 (Investorideas.com Mining Newswire) � www.Investorideas.com, a leader in sector research for investors including mining and resource stocks, issues a trading alert for iron ore stocks.
Rio Tinto (NYSE: RIO) announced that they are planning to spend $833 million ($A813.0 million) on power and fuel infrastructure to boost its iron ore production in Western Australia's Pilbara region.
The investment is part of a five-year program mentioned in 2010 to enhance the mining giant's production capacity in the region by 50% to 333 million tonnes per annum (Mtpa) by the first half of 2015.
TurkPower Corporation (OTC: TRKP) shares jumped 10.53% to $0.21. TurkPower Corporation is a Turkish-American junior mining company. The Company focuses on buying controlling ownership in an operational iron ore mine and several mining projects under development.
FERREXPO (LSE: FXPO.L) closed with a gain of 8.70 (2.36%) to $376.90. The stock has 52-week range of $242.90-$568.33.
United States Steel Corporation (NYSE:X) moved up 0.86% to $28.04
Pacific Iron Ore Corp. (CVE: POC) ended the day with a gain of 0.060 (31.58%) at $0.25 on bounce back.
Steel Dynamics, Inc. (NASDAQ:STLD) ended the day higher by 0.34 (2.95%) to $11.88.
AK Steel Holding Corporation (NYSE:AKS) surged 0.20 (2.38%) to close at 8.59.
Showcase Iron Ore Stock:
TurkPower Corporation (OTCBB:TRKP) is a Turkish-American junior mining company that is acquiring controlling ownership in an operational iron ore mine and several mining projects under development in Turkey. TurkPower's sole focus is on the booming Turkish mining industry, where it aims to become a leader in developing, operating and owning base metal mines by acquiring and consolidating operational mines with proven reserves, utilizing economies of scale to increase returns as well as developing new mining assets. TurkPower's board of directors, management team and employees have extensive experience and relations in the Turkish mining industry, as well as ongoing relations with the relevant government agencies, allowing TurkPower to participate in the major opportunities currently developing in Turkey.
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Disclaimer/ Disclosure: The following news is paid for and /or published as information only for our readers. TRKP is a paid advertising client ( three thousand five hundred per month, 150,000 144 shares) 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. All investment involves risk and possible loss of principal .This site is currently compensated by featured companies, news submissions and online advertising.
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For Additional Information about Investorideas.com energy portals: 800-665-0411 or cvanzant@investorideas.com
Point Roberts WA - September 15, 2011 (Investorideas.com Mining Newswire) � www.Investorideas.com, a leader in sector research for investors including mining and resource stocks, issues a trading alert for iron ore stocks.
Rio Tinto (NYSE: RIO) announced that they are planning to spend $833 million ($A813.0 million) on power and fuel infrastructure to boost its iron ore production in Western Australia's Pilbara region.
The investment is part of a five-year program mentioned in 2010 to enhance the mining giant's production capacity in the region by 50% to 333 million tonnes per annum (Mtpa) by the first half of 2015.
TurkPower Corporation (OTC: TRKP) shares jumped 10.53% to $0.21. TurkPower Corporation is a Turkish-American junior mining company. The Company focuses on buying controlling ownership in an operational iron ore mine and several mining projects under development.
FERREXPO (LSE: FXPO.L) closed with a gain of 8.70 (2.36%) to $376.90. The stock has 52-week range of $242.90-$568.33.
United States Steel Corporation (NYSE:X) moved up 0.86% to $28.04
Pacific Iron Ore Corp. (CVE: POC) ended the day with a gain of 0.060 (31.58%) at $0.25 on bounce back.
Steel Dynamics, Inc. (NASDAQ:STLD) ended the day higher by 0.34 (2.95%) to $11.88.
AK Steel Holding Corporation (NYSE:AKS) surged 0.20 (2.38%) to close at 8.59.
Showcase Iron Ore Stock:
TurkPower Corporation (OTCBB:TRKP) is a Turkish-American junior mining company that is acquiring controlling ownership in an operational iron ore mine and several mining projects under development in Turkey. TurkPower's sole focus is on the booming Turkish mining industry, where it aims to become a leader in developing, operating and owning base metal mines by acquiring and consolidating operational mines with proven reserves, utilizing economies of scale to increase returns as well as developing new mining assets. TurkPower's board of directors, management team and employees have extensive experience and relations in the Turkish mining industry, as well as ongoing relations with the relevant government agencies, allowing TurkPower to participate in the major opportunities currently developing in Turkey.
Visit the company profile at Investorideas.com
http://www.investorideas.com/CO/TRKP/
Sign up for news on TRKP and other mining stocks
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Disclaimer/ Disclosure: The following news is paid for and /or published as information only for our readers. TRKP is a paid advertising client ( three thousand five hundred per month, 150,000 144 shares) 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. All investment involves risk and possible loss of principal .This site is currently compensated by featured companies, news submissions and online advertising.
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For Additional Information about Investorideas.com energy portals: 800-665-0411 or cvanzant@investorideas.com
Trending on Investorideas.com; Top Investor Searches; (NASDAQ: CTIC, AONE, WPRT, CLNE), (OTC: NYXO)
POINT ROBERTS, September 15. 2011 - www.InvestorIdeas.com, a global investor research portal for independent investors, reports on this weeks trending and top ten investor searches. The top five included the following stocks; NASDAQ:CTIC NASDAQ:AONE, NASDAQ:WPRT, 4. NASDAQ:CLNE and OTC: NYXO.
Sectors in the top ten included renewable energy and water stocks.
Top Investor Searches…
1. NASDAQ:CTIC - Cell Therapeutics, Inc. (NasdaqCM: CTIC )
2. NASDAQ:AONE - A123 Systems, Inc. (NasdaqGS: AONE )
3. NASDAQ:WPRT -Westport Innovations Inc (NasdaqGS: WPRT )
4. NASDAQ:CLNE - Clean Energy Fuels Corp. (NasdaqGS: CLNE )
5. OTC: NYXO - Nyxio Technologies (OTC: NYXO)
6. Water stocks
7. OTC: LSTG - LONE STAR GOLD INC (LSTG.OB)
8. Renewable energy stocks
9. OTC: LOGL - LEGEND OIL & GAS (LOGL.OB)
10. Pink: NYXO - Nyxio Technologies (OTC: NYXO)
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InvestorIdeas.com is a leader in investor stock research by sector. Sectors we cover include; cleantech and renewable energy stocks, biotech stocks, mining and gold stocks, energy stocks, water, tech, defense stocks, nanotech, agriculture and gaming.
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BC Residents and Investor Disclaimer : Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894
Source - Investorideas.com
800-665-0411 - cvanzant@investorideas.com
POINT ROBERTS, September 15. 2011 - www.InvestorIdeas.com, a global investor research portal for independent investors, reports on this weeks trending and top ten investor searches. The top five included the following stocks; NASDAQ:CTIC NASDAQ:AONE, NASDAQ:WPRT, 4. NASDAQ:CLNE and OTC: NYXO.
Sectors in the top ten included renewable energy and water stocks.
Top Investor Searches…
1. NASDAQ:CTIC - Cell Therapeutics, Inc. (NasdaqCM: CTIC )
2. NASDAQ:AONE - A123 Systems, Inc. (NasdaqGS: AONE )
3. NASDAQ:WPRT -Westport Innovations Inc (NasdaqGS: WPRT )
4. NASDAQ:CLNE - Clean Energy Fuels Corp. (NasdaqGS: CLNE )
5. OTC: NYXO - Nyxio Technologies (OTC: NYXO)
6. Water stocks
7. OTC: LSTG - LONE STAR GOLD INC (LSTG.OB)
8. Renewable energy stocks
9. OTC: LOGL - LEGEND OIL & GAS (LOGL.OB)
10. Pink: NYXO - Nyxio Technologies (OTC: NYXO)
Investorideas.com Free Investor Tools;
Learn More about Investorideas.com showcase stocks
http://www.investorideas.com/Showcase/
Sign up for the free investor news and stock alerts http://www.investorideas.com/Resources/Newsletter.asp
Join Investor Ideas - Become a Member
Research renewable energy stocks, gold stocks, water stocks, oil and gas and more with the largest stock directories online for investors
Investorideas.com Members currently have 24/7 online access to the exclusive subscriber-only 13 stock directories in leading sectors including renewable energy, water and energy stocks.
Visit the Investor Ideas membership page to learn more at: http://www.investorideas.com/membership/
About InvestorIdeas.com:
InvestorIdeas.com is a leader in investor stock research by sector. Sectors we cover include; cleantech and renewable energy stocks, biotech stocks, mining and gold stocks, energy stocks, water, tech, defense stocks, nanotech, agriculture and gaming.
Follow Investorideas.com on Twitter http://twitter.com/#!/Investorideas
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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 . NYXO is a paid advertising client (3000 per month third party) www.InvestorIdeas.com/About/Disclaimer.asp
BC Residents and Investor Disclaimer : Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894
Source - Investorideas.com
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