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GFET:1.36 Cellulose Efficiency Will Far Surpass Corn Based Ethanol
Monday January 14, 10:24 am ET
HOUSTON--(BUSINESS WIRE)--Gulf Ethanol Corporation (OTC:GFET - News):
Recent studies by the U.S. Department of Agriculture (USDA) and the University of Nebraska found that cellulose feed stocks can produce 540% more energy than is consumed in their production. Corn ethanol has been criticized by some as energy inefficient because it produces only 25% more energy than it takes to make it. Cellulose changes the energy equation for ethanol production. A five times energy output to energy input will make ethanol a very efficient renewable fuel.
Farmers in Nebraska and the Dakotas participated in the five-year study by planting switchgrass and carefully recording all costs for fuel, fertilizer, etc. The study concludes that ethanol production would equal 300 gallons per acre. U.S. News and World Report states, “If cellulosic ethanol becomes a widespread fuel, it would be a boon for agricultural regions.”
“This study echoes the message we have been communicating to the market since 2007,” noted CEO, JT Cloud. “The future of alternative transportation fuels in America must be based on non-food plant feedstocks! Gulf is a pioneer in this important front-line fight for energy independence through its aggressive work with emerging cellulosic technology companies,” he concluded.
Alternative biofuels constitute a critical component of America’s alternative energy future. Market leaders include agricultural ethanol producers such as ADM (NYSE:ADM - News), Cargill and soybean processor Bunge Limited (NYSE:BG - News). As the initial corn-based ethanol plants proved to be inefficient, the market quickly realized that the future of biofuels would depend on the ability to turn non-food biomass into alternative fuels efficiently. With large energy companies such as ConocoPhillips (NYSE:COP - News) and Exxon Mobil (NYSE:XOM - News) also launching alternative fuel initiatives, Gulf Ethanol is perfectly positioned in the path of progress.
About Gulf Ethanol Corporation
Gulf Ethanol (OTC:GFET - News) is an alternative energy company focused on the development of cellulosic ethanol technologies with a particular emphasis on Texas and the Gulf Coast. They hold an exclusive license to a cellulosic feedstock pre-processing technology that they intend to deploy in cooperation with Meridian Biorefining through a joint venture. For more information please visit our homepage at: www.GulfEthanolCorp.com.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This news release contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements that include the words "believes," "expects," "anticipate" or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the company to differ materially from those expressed or implied by such forward-looking statements. In addition, description of anyone's past success, either financial or strategic, is no guarantee of future success. This news release speaks as of the date first set forth above and the company assumes no responsibility to update the information included herein for events occurring after the date hereof.
Contact:
Gulf Ethanol Corporation, Houston
William Carmichael, 713-461-9229
Fax: 713-461-9230
ir@gulfethanolcorp.com
--------------------------------------------------------------------------------
TAMO: 3.09 Increases Oil Sands Properties by Acquiring 21 New Sections of Oil Sands Leases
Jan 15, 2008 7:01:00 AM
View Additional ProfilesCALGARY, Alberta, Jan. 15 /CNW/ -- Tamm Oil and Gas Corp. (OTC Bulletin Board: TAMO) is pleased to announce that it has acquired 100 percent ownership of an additional 21 sections of oil sands leases in the Peace River region of Northern Alberta. This acquisition increases Tamm's holdings in the region, to potentially fuel the company's growth, as worldwide demand and prices for petroleum continue to rise.
"In a very short time, Tamm has increased its lease holdings. Over the past 4 months, we have managed to acquire direct and indirect ownership in 90 sections of leases and licenses. With oil prices hitting new record highs on a consistent basis, we have quickly positioned Tamm to potentially be a major player in the Canadian Oil Sands supply chain for years to come," says Wiktor Musial, President of Tamm Oil and Gas.
Mr. Musial added: "An earlier published engineering report estimated 819 million barrels of oil in place in the Sawn Lake Oil Sands Leases -- with the Company's newest lease acquisitions, Tamm's potential should increase even more. The first several months have proven to be very good for Tamm. Since our inception, we have been able to meet or surpass all of our major acquisition goals, thus making Tamm a fast growing Oil Sands company".
For more information about Tamm Oil and Gas Corp. and its holding and operations, please visit the company's website at: http://www.tammoilandgas.com.
Forward-Looking Statements in this news release that are not historical facts are forward-looking statements that are subject to risks and uncertainties. Forward-looking statements are based on current facts and analyses and other information that are based on forecasts of future results, estimates of amounts not yet determined and assumptions of management. Forward looking statements are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "aims", "potential", "goal", "objective", "prospective", and similar expressions or that events or conditions "will", "would", "may", "can", "could" or "should" occur. Actual results could differ materially from those projected in the Company's proposed Oil and Gas related business. The Company's business is subject to various risks, which are discussed in the Company's filings with the Securities and Exchange Commission ("SEC"). The Company business is subject to various risks, which are discussed in the Company's filings. Additional information on risks for the Company can be found in filings on Edgar of other junior oil and gas exploration companies with the US Securities and Exchange Commission. The Company's filings may be accessed at the SEC's Edgar system at http://www.sec.gov. No information included in this press release should be construed in any shape, form, or manner, regarding the value of Tamm Oil and Gas Corp or its common stock.
----------------------------------------------
Tamm Oil and Gas Corp.
+1-403-975-9399
info@tammoilandgas.com Web Site: http://www.tammoilandgas.com
nice find otc ..got it on watch ;)
~CA
GAX:.13 Continues its trek north, originally called at .08
QMNM:.006 Announces Letter of Intent with the McCoy Heirs
Jan 10, 2008 6:30:00 AM
Copyright Business Wire 2008
View Additional ProfilesPATERSON, N.J.--(BUSINESS WIRE)--
Quest Minerals & Mining Corp. (OTCBB: QMNM; Frankfurt: QMNB.F), a Kentucky based operator of energy and mineral related properties, today announced its intent on a joint venture with the McCoy Heirs, owners of coal properties in southern Kentucky.
The initial project would encompass 1,000,000 tons of recoverable coal reserves from the Elkhorn # 3 coal seam structured through a lease agreement to mine property held by the McCoy Heirs.
Quest CEO Eugene Chiaramonte, Jr. said, "This relationship continues our expansion and diversification program to help increase shareholder value and diversify our current properties. The Elkhorn # 3 seam has proven to be one of the most accessible coal seams in Eastern Kentucky. The additional reserves from this project can be reopened and ready to mine with minimal rehab. As soon as the permits could be transferred, production could take place in early 2008 with potential results in excess of 6,000 tons per month."
The company is currently raising capital to adequately pursue this opportunity, and any such expansion by the company will depend on the company's ability to attract new investment capital to support the potential growth into these sectors.
About Quest Minerals & Mining
Quest Minerals & Mining Corp., or Quest, acquires and operates energy and mineral related properties in the southeastern part of the United States. Quest focuses its efforts on properties that produce quality compliance blend coal. For more information on Quest Minerals & Mining Corp., please visit our website at www.questmining.net.
Forward-Looking Statements
This document contains discussion of items that may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Although Quest believes the expectations reflected in such forward-looking statements are based on reasonable assumptions, it can give no assurances that its expectations will be achieved. Factors that could cause actual results to differ from expectations include, but are not limited to, lack of revenue producing operations, lack of working capital, debt obligations, judgments and lien claims against Quest and certain of its assets, difficulties in refinancing short term debt, difficulties identifying and acquiring complementary businesses, fluctuations in coal, oil & gas, and other energy prices, general economic conditions in markets in which Quest does business, extensive environmental and workplace regulation by federal and state agencies, other general risks related to its common stock, and other uncertainties and business issues that are detailed in its filings with the Securities and Exchange Commission.
Source: Quest Minerals & Mining Corp.
----------------------------------------------
Quest Minerals & Mining Corp.
Eugene Chiaramonte
Jr.
BOLV: I like the chart Obi! Could have some potential here.
TAMO: 2.60 Board of Directors Appoints Wiktor Musial as President and Gerald Vikse as VP of Operations
Jan 10, 2008 7:01:00 AM
View Additional ProfilesCALGARY, Alberta, Jan. 10 /CNW/ -- Tamm Oil and Gas Corp. (OTC Bulletin Board: TAMO) is pleased to announce that its Board of Directors has appointed Mr. Wiktor Musial as President, Secretary, Treasurer and Director and Mr. Gerald Vikse as Vice President of Operations and as a Director.
On January 7, 2008, Sean Dickenson resigned as Tamm Oil and Gas Corp.'s President, Secretary, and Treasurer. Mr. Dickenson was appointed as Director on May 3, 2007 and will remain as Director.
<<
About Wiktor Musial
>>
Mr. Musial is a Senior Technician with 27 years of industrial experience, specializing in the Electrical and Instrumentation disciplines. His areas of expertise include quality control and quality assurance, and the installation and management of advanced logic based control systems and electrical equipment. He has worked in the United States, Canada, Russia, Dubai, South Korea, and Scotland across the oilsands, conventional oil and gas, and power generation industries.
In 2002, Mr. Musial received his Certificate of Proficiency as a Journeyman Electrician from the Alberta Apprenticeship and Industry Training Board. In 1978, Mr. Musial received a Certificate of Qualification as an Electro-Mechanic of Industrial Machinery from the Poland Technical College in Gorzow, Poland.
From January 2005 to December 2006, Mr. Musial was the Chief Executive Officer and a Director of Paradigm Oil and Gas, a Nevada registered company that trades on the Pink Sheets
<<
About Gerald Vikse
>>
Mr. Vikse has over thirty years of national and international experience in the oil, gas, and LNG sectors, focusing on management and advisory responsibilities in the areas of Project Management, Operations, and Commissioning and Start-up. These roles have been performed in sour gas production and processing facilities, world-scale LNG plants, and Oilsands Upgrading and In-Situ facilities, including assignments in Alberta, Qatar, Singapore, Tokyo, and Malaysia, with the most recent roles as an Integration Manager and Program C&SU Manager for Suncor Energy.
Mr. Vikse holds an Inter-Provincial Power Engineering Certification II Class, and in November 2004, he received his Master of Science in Engineering at the University of Aberdeen in Scotland.
This press release contains forward-looking statements. The words or phrases "would be," "will allow," "intends to," "will likely result," "are expected to," "will continue," "is anticipated," "estimate," "project," or similar expressions are intended to identify "forward-looking statements."
Actual results could differ materially from those projected in the Company's proposed oil and gas related business. The Company's business is subject to various risks, which are discussed in the Company's filings with the Securities and Exchange Commission ("SEC"). The Company's filings may be accessed at the SEC's Edgar system at http://www.sec.gov. Statements made herein are as of the date of this press release and should not be relied upon as of any subsequent date. The Company cautions readers not to place reliance on such statements. The information contained in this press release should not be construed in any shape, form, or manner as an indication of the present or future value of the Company or its common stock. Unless otherwise required by applicable law, we do not undertake, and we specifically disclaim any obligation, to update any forward-looking statements to reflect occurrences, developments, unanticipated events or circumstances after the date of such a statement.
----------------------------------------------
Tamm Oil and Gas Corp.
+1-403-975-9399
info@tammoilandgas.com
BRSC 1.14 The Trend is Green. Chart:
AEZ 5.57 Might be getting close to turning. Chart:
Adding a list of oil and gas stocks to the ibox. Obviously not all of these will have potential at any one time, but a good list to look through from time to time.
ABP AE AEZ AHC ALTX AOG APA APAGF APC APU ASPN ASH ATPG AVNU BBG BDCO BEXP BPKR BPT BRN BRY BSIC BYCX CGNW CHK CKX CLXN CNQ CNR COFF COG CPE CPPXF CRED CRK CRZO CWEI DBLE DLOV DMLP DNR DOM DPTR DVN DYN EAC ECPN EEQ EENC EMPR END ENDE EPEX ERHE EOG EPD FEEC FFFC FGP FPP FST FTO FXEN GAX GDP GKNT GMXR GPOR GTY HK HKN HNR HPCO HUSA ICRB INNU ISRL IVAN KSTR KMG KWK LRT MARPS MCF MMR MOAT MPET MTR MUR MVOG MWE MWP MXC MXSV NBL NEGI NESS NFX NGT NRT NXY OAKR OXY PCZ PETDE PHX PLLL PNRG PFNO PTF PTR PVA PXD PXP PDO PZE QOIL RKTI ROYL RRC RSRV SBR SFY SGY SJT SM SNP SPH SPND.OB SRGG SSL STDE STO STOSY SU SUF SUN SWN SYNM TENG TESO TEXG TGA TGC TIDE TLM TMR TRGL TRU TVOC VLO VXEN WOC WTU WTI XEC XTEX XTO XTXI YPF
OEGY: .36 may be ready to turn soon.
GAX: .08, had a nice push up yesterday.
Obama, Huckabee, Clinton, Rockefeller and Romney Support Coal-to-Liquid Fuel
Jan 8, 2008 5:30:00 AM
View Additional ProfilesVANCOUVER, Jan. 8 /CNW/ - Silverado Green Fuel Inc. (Subsidiary of Silverado Gold Mines Ltd. - Trading Symbols, OTC BB - SLGLF, FRANKFURT - SLGL) : - Silverado Green Fuel Inc. is at the forefront of one of the U.S.'s highest priorities in domestic energy supply and security, namely coal-to-liquid fuel.
"The endorsement from most Presidential candidates and key U.S. political figures, and the recent (Dec/07) U.S. Energy Bill's $2.2 billion in tax incentives for clean coal technology applications are sure signs that Silverado is in the right place, and at the right time," states Garry Anselmo, Silverado's President and CEO. "Silverado Green Fuel uses low rank coal. America has centuries of domestic supply of low rank coal, an underutilized energy resource." The company has a proven process to produce green fuel, equivalent to crude oil, but commercially created without any CO(2) or harmful environmental emissions in the production process. "And at less than one fifth the cost of crude oil," he adds.
"Achieving energy independence and significantly reducing greenhouse gas emissions are two of the greatest challenges America faces. With the right technological innovations, coal has the potential to be a cleaner burning, domestic alternative to imported oil"......" "Moving forward, I believe we should invest in coal-to-liquid fuels..." "...we must invest in clean coal technologies that we can use at home and share with the world." - Barrack Obama
"We have to explore, we have to conserve, and we have to pursue all avenues of alternative energy: nuclear, wind, solar, hydrogen, clean coal...." "We need to develop an environmentally friendly use of coal."...."Coal - to - liquid fuel can be a major industry." - Mike Huckabee
"We will accelerate the production of advanced coal technology. Coal currently provides 50% of our electricity in America, but it comes at a high price in greenhouse gases and other pollutants. We need to accelerate the development and deployment of technology that can safely capture and store carbon dioxide emissions." - Hillary R. Clinton
".....I consider coal-to-liquid a "clean" technology."...."part of my national energy plan would include federal funding for technology to convert coal into liquid fuel." "We will invest as a nation in new sources of energy, including clean coal." - Mitt Romney
"The overwhelming support of the Senate sends a clear message. Coal conversion is a technology worth investing in." - Jay Rockefeller
A Silverado Green Fuel production facility can be established anywhere in the world where there is a supply of low rank coal, combined with a need for environmentally friendly and reasonably low cost, readily available energy. Silverado Green Fuel Inc. is a world leader in low rank coal-to-liquid fuel technology. Plans are underway for a $26 million Demonstration Plant in a joint venture with the State of Mississippi.
Silverado Green Fuel is commercially produced without releasing any harmful emissions into the air. Initial production costs are estimated at under US$15 per barrel, on an oil equivalent energy basis, compared to current $90 - $100/barrel crude oil prices.
Green Fuel can be used to power oil-fired power plants directly, or be used as a feedstock for further processing to produce transportation fuels (jet, diesel, gasoline), key agricultural compounds (fertilizers, synthetic petrochemical feedstocks, urea), industrial products (oils, lubricants, synthetics) and even consumer products (plastics, packaging, etc.). Silverado Green Fuel can also be further processed to produce pure, clean hydrogen to power fuel cell automobiles and electrical generation (power) plants.
Silverado Gold Mines Ltd.
Silverado Green Fuel Inc. is a wholly owned subsidiary of its publicly traded parent, Silverado Gold Mines Ltd. Silverado is an international company focused on Gold exploration, and a new environmentally friendly Fuel Technology. Silverado has gold properties located throughout Alaska which include the 100% owned Nolan Placer Gold Mine. Trading Symbols, OTC BB - SLGLF, FRANKFURT - SLGL
To learn more about Silverado Green Fuel Inc. and watch the Green Fuel Video, visit :- www.silveradogreenfuel.com
Silverado Gold Mines Ltd. www.silverado.com
More Information ? http://www.silverado.com/investors/request/
Recent Media and Press Releases
Silverado Green Fuel Inc.
Nov 5/07 : NON POLLUTING $15/BARREL 'GREEN' FUEL BASE REPLACES SKYROCKETING $90-100/BARREL CRUDE OIL This Press Release received widespread coverage, including Yahoo!Finance, Los Angeles Times Business, bizjournals, MarketWatch, MSN.Money, PR NewsWire, Excite Money and Investing, Comtex NewsNet, MyWay, ADVFN, Chroncilcle.com Houston, EarthTimes, Centre for Energy, Boise@mania, Breitbart.com, WFAA.Com Dallas, Myson.de Germany, and others.
This Press Release may contain, in addition to historical information, forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements are based on management's expectations and beliefs, and involve risks and uncertainties. These statements may involve known and unknown risks and uncertainties and other factors that may cause the actual results to be materially different from the results implied herein. Readers are cautioned not to place undue reliance on the forward-looking statements made in this Press Release.
----------------------------------------------
Suite 1820 - 1111 West Georgia Street
Vancouver
British Columbia
Canada V6E 4M3
Telephone: (604) 689-1535
Facsimile: (604) 682-3519; Investor Relations: E-mail: ir@silverado.com; Public Relations: E-mail: pr@silverado.com; Media Relations jay@silverado.com
Toll Free: 1-800-665-4646 (Canada and USA only)
GORO: 4.46 Reports Positive Metallurgical Results for El Rey Mineralization
Jan 8, 2008 6:00:00 AM
View Additional ProfilesDENVER, CO -- (MARKET WIRE) -- 01/08/08 -- Gold Resource Corporation (GRC) (OTCBB: GORO) (FRANKFURT: GIH) reported today that initial test results for metallurgical recovery of its El Rey high-grade gold property in Oaxaca, Mexico resulted in gold recoveries up to 94% and silver recoveries up to 75%. Resource Development Inc. (RDI) of Wheat Ridge, Colorado, performed the test work. The El Rey property is located within trucking distance to the proposed El Aguila mill which is targeting gold production the second half of 2008 subject to timely obtaining required permits, regulatory approvals and equipment delivery schedules.
Tests run at 100 mesh grind indicate that about 33% of the gold could be recovered by gravity concentration alone and that with cyanidation of the gravity tails a total of 94% of the gold was recovered. The majority of the gold was recovered in 24 hours of leaching.
Previous El Rey drill highlights include:
Hole Angle Depth Interval Gold Gold Silver Silver AuEq* AuEq*
# Degrees Meters Meters g/t oz/tonne g/t oz/tonne g/t oz/tonne
7802 -40 72 1 20.30 0.65 14 0.45 20.53 0.66
7802 -40 73 1 66.40 2.13 86 2.77 68.12 2.19
7802 -40 76 1 31.80 1.02 118 3.80 34.22 1.10
7802 -40 80 1 30.30 0.97 44 1.42 31.10 1.00
7808 -45 57.5 1 9.90 0.31 1413 45.00 38.26 1.23
7810 -40 27 1 132.50 4.26 88 2.83 134.37 4.32
*Gold Equivalent = 50:1 (Ag:Au)
Assays by ALS Chemex, Vancouver, BC Canada
William W. Reid, President of Gold Resource Corporation, said, "We are very pleased with these exceptional metallurgical recovery results of the high-grade gold. This recovery makes the potential economics of the El Rey ore fit well with our plan to truck high-grade gold ore from the El Rey property to the proposed El Aguila Project mill. With only limited drilling to date we have already intercepted shallow, very high-grade gold values, up to 4.26 ounces of gold/tonne over 1 meter. Drilling will continue at El Rey in order to define an initial amount of mineralized material that possibly can be mined and blended into our first year's production schedule. We will begin the permitting process at El Rey in anticipation of continued successful drilling now that we know that the gold can be economically recovered."
Having recently closed funding for the proposed El Aguila mill, Gold Resource Corporation continues to move forward on all fronts as an emerging low-cost gold producer.
About GRC
Gold Resource Corporation is a mining company focused on production and pursuing development of gold and silver projects that feature low operating costs and produce high returns on capital. The Company has 100% interest in four potential high-grade gold and silver properties in Mexico's southern state of Oaxaca. The company has 33,728,052 shares outstanding and no warrants. For more information, please visit GRC's website, located at www.Goldresourcecorp.com and read the Company's 10-KSB for an understanding of the risk factors involved.
This press release contains forward-looking statements that involve risks and uncertainties. The statements contained in this press release that are not purely historical are forward-looking statements within the meaning of Section 27A of the Securities Act and Section 21E of the Exchange Act. When used in this press release, the words "plan," "target," "anticipate," "believe," "estimate," "intend" and "expect" and similar expressions are intended to identify such forward-looking statements. Such forward-looking statements include, without limitation, the statements regarding Gold Resource Corporation's strategy, future plans for production, future expenses and costs, future liquidity and capital resources, and estimates of mineralized material. All forward-looking statements in this press release are based upon information available to Gold Resource Corporation on the date of this press release, and the company assumes no obligation to update any such forward-looking statements. Forward-looking statements involve a number of risks and uncertainties, and there can be no assurance that such statements will prove to be accurate. The Company's actual results could differ materially from those discussed in this press release. In particular, there can be no assurance that commercial production at the El Aguila Project will be achieved in the time frames estimated, at the rates and costs estimated, or even at all. Factors that could cause or contribute to such differences include, but are not limited to, those discussed in the company's 10-KSB and Form SB-2 filed with the Securities and Exchange Commission.
Contact:
Jason Reid
VP, Corporate Development
303-320-7708
AULO: 29 Intercepts 130 Feet Averaging 2.2 Grams of Gold per Metric Ton and 45 Feet of 7 Grams of Gold per Metric Ton at MAN Area of Hill Copper-Zinc Project, Arizona
Tuesday January 8, 6:00 am ET
LITTLETON, Colo.--(BUSINESS WIRE)--Aurelio Resource Corporation (OTCBB: AULO - News)(FWB: F3RA) is pleased to announce gold assay results from recent drilling in the MAN Area of the Company's wholly owned Hill Copper-Zinc Project, located in the Turquoise Mining District, Cochise County, Arizona.
http://biz.yahoo.com/bw/080108/20080108005315.html?.v=1
PWDR: .17 Continues Acquisition Program, Purchases Additional Texas Oil Project
Jan 8, 2008 7:00:00 AM
View Additional ProfilesCALGARY, ALBERTA -- (MARKET WIRE) -- 01/08/08 -- Powder River Petroleum International Inc. (OTCBB: PWDR), a revenue generating producer, acquirer and marketer of crude oil and natural gas properties, today announced it has entered into an agreement to purchase an oil and gas project approximately 1780 acres in size in Baylor County, Texas.
This project has nine shut in wells and three injection wells, in addition to several drilling locations. This project is located in a prolific oil and gas producing field, and has multiple proven pay zones.
Powder River will re-work the existing wells while working on the development of new drilling locations.
The Company plans to complete 3-D seismic testing on the project to minimize the risk to Powder River and it's working interest investors. The Company will be marketing an interest in the project to raise development capital. A reserve study is currently being completed on the project and will be published at a later date. As Powder River is negotiating on additional projects in the area, terms of this agreement will not be published at this time.
"This is an excellent oil development project for Powder River. We anticipate this to be an exciting program for our working interest investors and shareholders," stated Powder River Petroleum International Inc. CEO Brian Fox.
Powder River Petroleum International Inc. is active in production, acquisition, and marketing of crude oil and natural gas properties.
Powder River Petroleum International Inc. trades on the OTCBB under the symbol PWDR.
This press release may contain "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. Such statements are based on management's current expectations and are subject to a number of factors and uncertainties which could cause actual results to differ materially from those described herein. Although the Company believes that the expectations in such statements are reasonable, there can be no assurance that such expectations will prove to be correct.
Contacts:
Powder River Petroleum International Inc.
Steve Weiss
Investor Relations
(609) 529-3671
Email: info@powderrivergascorp.com
Website: www.powderrivergascorp.com
Investor Relations Asia
Jean Chye Wei Ling
Managing Director
+65 62197670
+65 67637751 (FAX)
Email: powderriverjc@yahoo.com
Princeton Research Inc.
Mike King
Market Analyst
(702) 650-3000
SSEY: 1.20, needs a strong break thru 1.30-1.32 range.
VYEY: 04 Completes Purchase of Existing Production
Jan 7, 2008 4:30:00 PM
View Additional ProfilesCARSON CITY, NV -- (MARKET WIRE) -- 01/07/08 -- Victory Energy Corporation (OTCBB: VYEY) announced today that the Corporation has completed the purchase of existing production.
Victory Energy Corporation has taken control of these petroleum-producing properties and will continue expansion into this production field. The Corporation will begin to receive revenues from the production in February 2008 as petroleum revenues are collected for two months before they are actually delivered to the owners of the production.
The Corporation will now be able to place approximately $10,000,000 in value on its books for this production.
"This is the first major asset for the Corporation and a strategic step in the growth for long-term development of the Corporation as an energy producer while building shareholder value," stated Jon Fullenkamp, President of Victory Energy Corporation.
About Victory Energy Corporation:
Victory Energy Corporation (http://www.victoryenergyoilandgas.com) is a publicly traded, developmental stage petroleum company primarily dedicated to energy-related opportunities. The Company goal is to evaluate profitable options, develop a solid foundation through leadership and sound business acumen, and acquire producing wells as well as other potentially profitable prospects within the Oil & Gas Industry.
Certain statements contained herein are "forward-looking" statements (as such term is defined in the Private Securities Litigation Reform Act of 1995). Because such statements include risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements include, but are not limited to, those discussed in filings made by the Company with the Securities and Exchange Commission. The Company's filings may be accessed at the SEC's EDGAR system at www.sec.gov. Statements made herein are as of the date of this press release and should not be relied upon as of any subsequent date. The Company cautions readers not to place reliance on such statements.
For information, please contact;
Corporate Communications
Falcon Financial Partners, LLC
1.866.210.4671
Steve Demeo
POIG: .05 Closed strong today at HOD
SLGLF: .0699 will watch for a possible continuation
PRB: .65 needs to break .70 to show an uptrend here.
interesting news bit! will be one to watch
GFET: 1.54 may be one to watch again soon.
hydp
news
http://finance.yahoo.com/q?s=HYDP.OB
doing great just looking for the next one winner ;)
Hey Captain, how are you doin today?
GM morning chief!
TIDE: .121, could start to turn here?
IFNY: 1.27 Next res. is at 1.30 and 1.40 could be a big break IMO.
Hey Captian, it has begun! Good to see you to man! GL to you, and I will talk with ya in the a.m.
howdy otctrendfinders! dang the ibox is looking good and GREEN!
**IBOX Updated**
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A new oil and gas scanning board... Trendfinders Board:http://investorshub.advfn.com/boards/board.asp?board_id=6115 WELCOME TO TRENDY NATURAL RESOURCES We’ve dedicated this board to an extremely hot sector of the market; the energy & mining sector. The IBOX will essentially act as a scanning board to review and summarize many of the lower priced energy stocks; a one stop shop. We will mainly focus however, on energy stocks in the .05 - 10.00 range. Pinksheets will rarely be posted, and the occasional higher priced play will show up from time to time as well. Your picks, ideas, and thoughts are welcome! Happy Trading Everyone and Good Luck. ********************************************************************************* ALTERNATIVE & BIOFUEL SECTOR OIL & GAS PETROCHEMICAL, FUEL SERVICE & TRANSPORTATION SECTOR WELL SERVICE & EQUIPMENT SECTOR A quick look at the commodity charts from: http://www.stockhouse.com ********************************************************************************* Check Crude Oil Futures: http://www2.barchart.com/dfutpage.asp?sym=CL&code=BSTK§ion= Oil Stock watch list .001 - 10.00 stocks. ABP AE AEZ AHC ALTX AOG APA APAGF APC APU ASPN ASH ATPG AVNU BBG BDCO BEXP BPKR BPT BRN BRY BSIC BYCX CGNW CHK CKX CLXN CNQ CNR COFF COG CPE CPPXF CRED CRK CRZO CWEI DBLE DLOV DMLP DNR DOM DPTR DVN DYN EAC ECPN EEQ EENC EMPR END ENDE EPEX ERHE EOG EPD FEEC FFFC FGP FPP FST FTO FXEN GAX GDP GKNT GMXR GPOR GTY HK HKN HNR HPCO HUSA ICRB INNU ISRL IVAN KSTR KMG KWK LRT MARPS MCF MMR MOAT MPET MTR MUR MVOG MWE MWP MXC MXSV NBL NEGI NESS NFX NGT NRT NXY OAKR OXY PCZ PETDE PHX PLLL PNRG PFNO PTF PTR PVA PXD PXP PDO PZE QOIL RKTI ROYL RRC RSRV SBR SFY SGY SJT SM SNP SPH SPND.OB SRGG SSL STDE STO STOSY SU SUF SUN SWN SYNM TENG TESO TEXG TGA TGC TIDE TLM TMR TRGL TRU TVOC VLO VXEN WOC WTU WTI XEC XTEX XTO XTXI YPF Charts compliments of this wonderful site:
http://stockcharts.com/ Always do your own due diligence before purchasing any security. We make NO PERSONAL RECOMENDATIONS TO BUY OR SELL SECURITIES, THAT IS YOUR DECISION. DO YOUR OWN DUE DILLIGENCE (DD). It is always a good idea to do your research before purchasing anything. We are not licensed brokers and make NO claim to be. We do not receive compensation for any security that we mention and we might own shares in some, or all of the securities that are mentioned on this board.
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