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CTIC--Huge news FDA fastrack cancer drug DDit
CTIC--Huge news FDA fastrack Cancer drug premarket DDit.
NKTR--Inhaleable insulin FDA approval after hours friday ddit.
NKTR--Inhaleable Insulin FDA approval after hours friday ddit.
MMIC-News here it is-----
Nov 29, 2005 7:01:16 AM
HOUSTON, Nov 29, 2005 /PRNewswire-FirstCall via COMTEX/ --
Marmion Industries Corp (OTC Bulletin Board: MMIC) announced today that it has surpassed last years revenues by over one hundred percent. "Our growth rate due to new contracts we have entered into abroad, nine million with a Mexico company and three million with Al Dunia in Kuwait and government contracts expected here at home already exceed 11 million going out five years," said W.H. Marmion, president of Marmion Industries Corp., "I am excited at our progress and expect our growth rate to exceed one hundred percent exponentially for the next two years minimum as we continue to engage in new contractual agreements such as with QE International that will assist in bringing our products to the world market"
About Marmion Industries Corp
Marmion Industries Corp (http://www.marmionair.com) is a specialty company that manufactures and markets explosion-proof air conditioners, refrigeration systems, chemical filtration systems and building pressurizers. The explosion-proof market encompasses industries including oil and gas exploration and production, chemical plants, graineries and fuel storage depots. Additionally there is significant demand for these systems anywhere sensitive computer systems and analyzation equipment is located. Recognized by the Texas Dept. of Licensing and Regulation (TACLA019367C) as a contractor in the field of Heating Ventilation and Air Conditioning, the Company commenced residential and commercial HVAC service operation in Texas in 1998 and has since provided specialty service to Fortune 500 clientele.
MMIC--NEWS
Nov 29, 2005 7:01:16 AM
HOUSTON, Nov 29, 2005 /PRNewswire-FirstCall via COMTEX/ --
Marmion Industries Corp (OTC Bulletin Board: MMIC) announced today that it has surpassed last years revenues by over one hundred percent. "Our growth rate due to new contracts we have entered into abroad, nine million with a Mexico company and three million with Al Dunia in Kuwait and government contracts expected here at home already exceed 11 million going out five years," said W.H. Marmion, president of Marmion Industries Corp., "I am excited at our progress and expect our growth rate to exceed one hundred percent exponentially for the next two years minimum as we continue to engage in new contractual agreements such as with QE International that will assist in bringing our products to the world market"
About Marmion Industries Corp
Marmion Industries Corp (http://www.marmionair.com) is a specialty company that manufactures and markets explosion-proof air conditioners, refrigeration systems, chemical filtration systems and building pressurizers. The explosion-proof market encompasses industries including oil and gas exploration and production, chemical plants, graineries and fuel storage depots. Additionally there is significant demand for these systems anywhere sensitive computer systems and analyzation equipment is located. Recognized by the Texas Dept. of Licensing and Regulation (TACLA019367C) as a contractor in the field of Heating Ventilation and Air Conditioning, the Company commenced residential and commercial HVAC service operation in Texas in 1998 and has since provided specialty service to Fortune 500 clientele.
ERUG---HUGE Volume and pps increase DDit.
ERUG--up 52% yesterday level 2 building BIG DDit.
ERUG--Goingcrazy DDit--ERUG on the Move; Continues Expansion With Opening of New Center!
WESTON, FL, Jul 21, 2005 (MARKET WIRE via COMTEX) -- Wall Street News Alert's "stocks to watch" this morning are: ER Urgent Care (OTC: ERUG)
ER Urgent Care (OTC: ERUG) may be appearing on the radar screen of aggressive investors and day traders! The company issued a press release announcing today's opening of its 5th center.
The news of the new center may be welcomed by investors, as the company continues to expand! This opening comes just 6 weeks after arriving at an agreement with South Florida Medical Financial Group to execute a joint venture on a practice purchase.
Watch this company! This new addition is located at 18648 Northwest 67th Avenue in Miami Lakes, Florida. The practice has been in business for over 18 years and has a patient volume of over 60 patients per day.
Investors should continue to monitor the progress of ER Urgent Care for further developments! "We are confident that this profit center will be one of the highest producing revenue streams in the region for our network of urgent care centers," explains Jerry Miller, ERUG Founder and Executive Director.
ER Urgent Care Center is a provider for Amerigroup, Avmed, Humana, Aetna, Hip/Vista/Beacon, Medicaid/Medipass/Medi-Kids, Total Health Choice, Assist Card, Cigna, Neighborhood Health Partnership, Corvel, Health Insurance Plans and many more.
For updated in-depth coverage and a company profile of ER Urgent Care, visit http://www.backissuesofnewsalerts.us/ERUG0720.html
Prior to yesterday's press release, the stock closed at Twelve cents a share.
In case you are not familiar with the company: ERUC Management Company Inc. operates ER Urgent Care Centers in the South Florida area. The "true, bona-fide," "Urgent Care Center" is a one-stop shop where patients can receive premier health care, after-hours, at a fraction of the cost of emergency room visits. With the "Urgent Care Center" model, emergency rooms will no longer lose money on ER patients with minor injuries and illnesses, and the HMOs will no longer have to pay exorbitant claims for non-admitted patients. ER Urgent Care Centers create a win-win situation for everyone, filling the financial and service gap between primary care physicians (PCPs) and hospital emergency rooms. The company's website is www.erucc.net.
ERUG on the Move; Continues Expansion With Opening of New Center!
WESTON, FL, Jul 21, 2005 (MARKET WIRE via COMTEX) -- Wall Street News Alert's "stocks to watch" this morning are: ER Urgent Care (OTC: ERUG),
ER Urgent Care (OTC: ERUG) may be appearing on the radar screen of aggressive investors and day traders! The company issued a press release announcing today's opening of its 5th center.
The news of the new center may be welcomed by investors, as the company continues to expand! This opening comes just 6 weeks after arriving at an agreement with South Florida Medical Financial Group to execute a joint venture on a practice purchase.
Watch this company! This new addition is located at 18648 Northwest 67th Avenue in Miami Lakes, Florida. The practice has been in business for over 18 years and has a patient volume of over 60 patients per day.
Investors should continue to monitor the progress of ER Urgent Care for further developments! "We are confident that this profit center will be one of the highest producing revenue streams in the region for our network of urgent care centers," explains Jerry Miller, ERUG Founder and Executive Director.
ER Urgent Care Center is a provider for Amerigroup, Avmed, Humana, Aetna, Hip/Vista/Beacon, Medicaid/Medipass/Medi-Kids, Total Health Choice, Assist Card, Cigna, Neighborhood Health Partnership, Corvel, Health Insurance Plans and many more.
For updated in-depth coverage and a company profile of ER Urgent Care, visit http://www.backissuesofnewsalerts.us/ERUG0720.html
Prior to yesterday's press release, the stock closed at Twelve cents a share.
In case you are not familiar with the company: ERUC Management Company Inc. operates ER Urgent Care Centers in the South Florida area. The "true, bona-fide," "Urgent Care Center" is a one-stop shop where patients can receive premier health care, after-hours, at a fraction of the cost of emergency room visits. With the "Urgent Care Center" model, emergency rooms will no longer lose money on ER patients with minor injuries and illnesses, and the HMOs will no longer have to pay exorbitant claims for non-admitted patients. ER Urgent Care Centers create a win-win situation for everyone, filling the financial and service gap between primary care physicians (PCPs) and hospital emergency rooms. The company's website is www.erucc.net.
ERUG on the Move; Continues Expansion With Opening of New Center!
WESTON, FL, Jul 21, 2005 (MARKET WIRE via COMTEX) -- Wall Street News Alert's "stocks to watch" this morning are: ER Urgent Care (OTC: ERUG),
ER Urgent Care (OTC: ERUG) may be appearing on the radar screen of aggressive investors and day traders! The company issued a press release announcing today's opening of its 5th center.
The news of the new center may be welcomed by investors, as the company continues to expand! This opening comes just 6 weeks after arriving at an agreement with South Florida Medical Financial Group to execute a joint venture on a practice purchase.
Watch this company! This new addition is located at 18648 Northwest 67th Avenue in Miami Lakes, Florida. The practice has been in business for over 18 years and has a patient volume of over 60 patients per day.
Investors should continue to monitor the progress of ER Urgent Care for further developments! "We are confident that this profit center will be one of the highest producing revenue streams in the region for our network of urgent care centers," explains Jerry Miller, ERUG Founder and Executive Director.
ER Urgent Care Center is a provider for Amerigroup, Avmed, Humana, Aetna, Hip/Vista/Beacon, Medicaid/Medipass/Medi-Kids, Total Health Choice, Assist Card, Cigna, Neighborhood Health Partnership, Corvel, Health Insurance Plans and many more.
For updated in-depth coverage and a company profile of ER Urgent Care, visit http://www.backissuesofnewsalerts.us/ERUG0720.html
Prior to yesterday's press release, the stock closed at Twelve cents a share.
In case you are not familiar with the company: ERUC Management Company Inc. operates ER Urgent Care Centers in the South Florida area. The "true, bona-fide," "Urgent Care Center" is a one-stop shop where patients can receive premier health care, after-hours, at a fraction of the cost of emergency room visits. With the "Urgent Care Center" model, emergency rooms will no longer lose money on ER patients with minor injuries and illnesses, and the HMOs will no longer have to pay exorbitant claims for non-admitted patients. ER Urgent Care Centers create a win-win situation for everyone, filling the financial and service gap between primary care physicians (PCPs) and hospital emergency rooms. The company's website is www.erucc.net.
ERUG on the Move; Continues Expansion With Opening of New Center!
WESTON, FL, Jul 21, 2005 (MARKET WIRE via COMTEX) -- Wall Street News Alert's "stocks to watch" this morning are: ER Urgent Care (OTC: ERUG),
ER Urgent Care (OTC: ERUG) may be appearing on the radar screen of aggressive investors and day traders! The company issued a press release announcing today's opening of its 5th center.
The news of the new center may be welcomed by investors, as the company continues to expand! This opening comes just 6 weeks after arriving at an agreement with South Florida Medical Financial Group to execute a joint venture on a practice purchase.
Watch this company! This new addition is located at 18648 Northwest 67th Avenue in Miami Lakes, Florida. The practice has been in business for over 18 years and has a patient volume of over 60 patients per day.
Investors should continue to monitor the progress of ER Urgent Care for further developments! "We are confident that this profit center will be one of the highest producing revenue streams in the region for our network of urgent care centers," explains Jerry Miller, ERUG Founder and Executive Director.
ER Urgent Care Center is a provider for Amerigroup, Avmed, Humana, Aetna, Hip/Vista/Beacon, Medicaid/Medipass/Medi-Kids, Total Health Choice, Assist Card, Cigna, Neighborhood Health Partnership, Corvel, Health Insurance Plans and many more.
For updated in-depth coverage and a company profile of ER Urgent Care, visit http://www.backissuesofnewsalerts.us/ERUG0720.html
Prior to yesterday's press release, the stock closed at Twelve cents a share.
In case you are not familiar with the company: ERUC Management Company Inc. operates ER Urgent Care Centers in the South Florida area. The "true, bona-fide," "Urgent Care Center" is a one-stop shop where patients can receive premier health care, after-hours, at a fraction of the cost of emergency room visits. With the "Urgent Care Center" model, emergency rooms will no longer lose money on ER patients with minor injuries and illnesses, and the HMOs will no longer have to pay exorbitant claims for non-admitted patients. ER Urgent Care Centers create a win-win situation for everyone, filling the financial and service gap between primary care physicians (PCPs) and hospital emergency rooms. The company's website is www.erucc.net.
HWPR--3for1 forward split done O/S 45mill bid is building again this morning. DDit first. GLTY
HWPR--Float is gone IMO ddit 2.20x2.45 upticking.
Good Day on Friday!
Nice week--Can't wait till next couple of weeks!
HWPR--Big play today IMO
HWPR--Here's todays PR-Checkout website, threads are starting all over! DDit first.
MADRID, Spain, Feb 2, 2005 (BUSINESS WIRE) --
Hawk Protection Systems, Inc. (HWPR), a provider of explosives detection technologies, mobile surveillance systems, and security services is pleased to announce it has begun trading under the symbol HWPR.
Hawk Protection Systems, Inc. is in the business of researching, developing, and engineering a wide range of security products and systems that are intended for use by government, military, and law enforcement agencies worldwide, as well as commercial security professionals. Hawk Protection Systems, Inc. business activities include: Explosives Detection, Contraband Detection, Chemical Detection, Mobile Surveillance Systems, Defense Engineering, Defense Consulting, Laser Technologies, Model Simulation, and Sales Representation.
The Current share structure of the company is as follows: Shares O/S: 15,000,000 Public Float: 2,500,000
Hawk Protection Systems, Inc. currently has 3 products in production or in final stages of development:
AJETD (Air Jet Explosives Trace Detector): A state of the art explosives and contraband detector that utilizes a unique explosives detection technique known as: Trace Detection. The AJETD system uses air jets to blow molecules off a subject's skin, clothes, luggage, or any other substance that comes through into a detector which analyzes the vapors that are sent through and alerts the operator to any dangerous readings. DSR (Detection and Surveillance Robot): The Hawk Protection Systems, Inc. DSR (Detection and Surveillance Robot) is a heavy duty remote controlled robot that can be used in extreme situations as a surveillance, explosives detection, and rescue mission device. It provides its user with remote controlled senses. The DSR was developed in conjunction with European protection agencies according to their needs. DETECTrack (in Development): The DETECTrack system will create a geographical map of railroad tracks comprised of proprietary explosives sensors which will be installed along the tracks. These sensors will relay data back to a command center in real time and provide the monitoring personnel a detailed read of what is happening along each and every kilometer of train tracks.
"Having become a publicly traded company was an important step in the continuing development of this company. With increased public recognition and shareholder support we can become a leader in an industry that is becoming more important in today's society," said John Altes, Founder and CEO of Hawk Protection Systems, Inc.
About Hawk Protection Systems, Inc.
Hawk Protection Systems, Inc. is in the business of researching, developing, and engineering a wide range of security products and systems that are intended for use by government, military, and law enforcement agencies worldwide, as well as commercial security professionals. Hawk Protection Systems, Inc is dedicated to providing only the best products and services that will make a difference in the war on terrorism worldwide.
For more information about the Company and its products, please visit http://www.hawkps.com
HWPR--IPO-DDit-low float and O/S IMO eom
HWPR--IPO DD it Low float and O/S eom
Looks like a good buy to me! I'm in eom
IWWH--Took awhile but ran yesterday!Bid building today!
IWWH--moving up^^^DDit eom
IWWH--Moving up^^DDit eom
IWWH--Keep on your RADAR eom
IWWH--Looks like bottom play! S-8 close to finished if not finished yesterday IMO! Load up. DDit
IWWH--S-8 Play should POP soon IMO! eom
IWWH--Look at chart & DDit eom
IWWH--Look at chart DDit.eom
IWWH--keep on RADAR!
IWWH--Looks good for entry! Keep on your RADAR! IMO DDit.
LENF--
Law Enforcement Associates Announces Range and Accuracy Testing
for New Stun Pistol Using FMT(TM) Technology Against the Taser X-26(R)
Law Enforcement Associates Corporation (LENF.OB) surveillance and
security technology company announced, that it has successfully
conducted comparison firing test of its new stun pistol using FMT(TM)
technology against the TASER X-26(R) pistol, using Tasers'(R) 21-foot
cartridge.
You can reach the story directly by going to
http://www.newstream.com/cgi-bin/display_story.cgi?16810
LENF--
Law Enforcement Associates Announces Range and Accuracy Testing
for New Stun Pistol Using FMT(TM) Technology Against the Taser X-26(R)
Law Enforcement Associates Corporation (LENF.OB) surveillance and
security technology company announced, that it has successfully
conducted comparison firing test of its new stun pistol using FMT(TM)
technology against the TASER X-26(R) pistol, using Tasers'(R) 21-foot
cartridge.
You can reach the story directly by going to
http://www.newstream.com/cgi-bin/display_story.cgi?16810
HEC--800 barrels per day yesterday! Keep loading up! IMO eom
HEC--News out 800--BPD Start aquiring eom.
HEC--News OUT OIL/GAS Play look at chart here's this mornings news--Gonna run IMO!
New Well Tested at 800 Barrels of Oil Per Day
DALLAS, Dec 14, 2004 /PRNewswire-FirstCall via COMTEX/ --
Harken Energy Corporation (Amex: HEC) announced that its 85% owned subsidiary, Global Energy Development PLC ("Global"), has successfully re-completed and commenced production from the Tilodiran # 1 well located on the 75,000 acre Rio Verde Exploration and Production Contract in Colombia (the "Rio Verde Contract").
This commencement of production following the signing of the Rio Verde Contract in September represents the shortest interval in Global's history between contract signing and first production. Global now holds four contracts in Colombia from which production is being achieved.
Global tested Tilodiran # 1 at a rate of 800 (gross) barrels of oil per day of 20 degree API gravity oil. Global owns a 100% working interest in the Tilodiran # 1 well.
Commenting on Tilodiran # 1 and the Rio Verde Contract, Stephen C. Voss, Global's Managing Director said, "The Rio Verde Contract is proving to be a significant addition to the company's portfolio. Tilodiran # 1 has quickly supplemented our existing production and we are now turning our attention to another existing well on the contract acreage, the Macarenas # 1. In addition to having an immediate positive effect on cash flow, the contract offers additional development opportunities around the Tilodiran # 1 and Macarenas # 1 wells along with significant upside exploration potential on the rest of the acreage."
Harken separately announced today positive test results and initial production from Global's development well, Estero # 5, located in the adjoining Palo Blanco field within Colombia's Llanos Basin.
Harken Energy Corporation is engaged in oil and gas exploration, development and production operations both domestically and internationally through its various subsidiaries. Additional information may be found at the Harken Energy Web site, www.harkenenergy.com, or by calling Bevo Beaven or Bill Conboy at CTA Public Relations at (303) 665-4200.
This announcement may contain forward-looking statements as defined by the Securities and Exchange Commission. Harken, however, believes that it is important to provide this operations update and communicate its future expectations to its stockholders. The forward-looking statements in this announcement reflect the current view of management with regard to future events and are subject to numerous known and unknown risks, uncertainties and other factors that may cause the actual results, performance, timing or achievements of Harken to be materially different from any results, performance, timing or achievements expressed or implied by such forward- looking statements. These risks, uncertainties and other factors include, among others, the risks described in Harken's filings with the Securities and Exchange Commission including the Annual Report on Form 10-K for the fiscal year ended December 31, 2003 filed on March 26, 2004 and its Form 10-Q for the quarter ended September 30, 2004 filed on November 5, 2004. Statements regarding future production are subject to all of the risk and uncertainties normally associated with exploration, development and production of oil and gas. These risks include, without limitation, variability in the price received for oil and gas production, lack of availability of oil field goods and services, environmental risks, drilling and production risk, risk related to offshore operations, and regulatory changes. Investors are cautioned that any such statements are not guarantees of future performance and that actual results or developments may differ materially from those projected in the forward-looking statements. Although Harken believes that the expectations reflected in the forward-looking statements of this announcement are reasonable, it can give no assurance that such expectations will prove to be correct or that unforeseen developments will not occur. Harken undertakes no duty to update or revise any forward-looking statements.
HEC struck OIL--800 barrels a day DDit
HEC--News OUT!! Struck OIL!! OIL/GAS Play look at chart here's this mornings news--Gonna run IMO!
New Well Tested at 800 Barrels of Oil Per Day
DALLAS, Dec 14, 2004 /PRNewswire-FirstCall via COMTEX/ --
Harken Energy Corporation (Amex: HEC) announced that its 85% owned subsidiary, Global Energy Development PLC ("Global"), has successfully re-completed and commenced production from the Tilodiran # 1 well located on the 75,000 acre Rio Verde Exploration and Production Contract in Colombia (the "Rio Verde Contract").
This commencement of production following the signing of the Rio Verde Contract in September represents the shortest interval in Global's history between contract signing and first production. Global now holds four contracts in Colombia from which production is being achieved.
Global tested Tilodiran # 1 at a rate of 800 (gross) barrels of oil per day of 20 degree API gravity oil. Global owns a 100% working interest in the Tilodiran # 1 well.
Commenting on Tilodiran # 1 and the Rio Verde Contract, Stephen C. Voss, Global's Managing Director said, "The Rio Verde Contract is proving to be a significant addition to the company's portfolio. Tilodiran # 1 has quickly supplemented our existing production and we are now turning our attention to another existing well on the contract acreage, the Macarenas # 1. In addition to having an immediate positive effect on cash flow, the contract offers additional development opportunities around the Tilodiran # 1 and Macarenas # 1 wells along with significant upside exploration potential on the rest of the acreage."
Harken separately announced today positive test results and initial production from Global's development well, Estero # 5, located in the adjoining Palo Blanco field within Colombia's Llanos Basin.
Harken Energy Corporation is engaged in oil and gas exploration, development and production operations both domestically and internationally through its various subsidiaries. Additional information may be found at the Harken Energy Web site, www.harkenenergy.com, or by calling Bevo Beaven or Bill Conboy at CTA Public Relations at (303) 665-4200.
This announcement may contain forward-looking statements as defined by the Securities and Exchange Commission. Harken, however, believes that it is important to provide this operations update and communicate its future expectations to its stockholders. The forward-looking statements in this announcement reflect the current view of management with regard to future events and are subject to numerous known and unknown risks, uncertainties and other factors that may cause the actual results, performance, timing or achievements of Harken to be materially different from any results, performance, timing or achievements expressed or implied by such forward- looking statements. These risks, uncertainties and other factors include, among others, the risks described in Harken's filings with the Securities and Exchange Commission including the Annual Report on Form 10-K for the fiscal year ended December 31, 2003 filed on March 26, 2004 and its Form 10-Q for the quarter ended September 30, 2004 filed on November 5, 2004. Statements regarding future production are subject to all of the risk and uncertainties normally associated with exploration, development and production of oil and gas. These risks include, without limitation, variability in the price received for oil and gas production, lack of availability of oil field goods and services, environmental risks, drilling and production risk, risk related to offshore operations, and regulatory changes. Investors are cautioned that any such statements are not guarantees of future performance and that actual results or developments may differ materially from those projected in the forward-looking statements. Although Harken believes that the expectations reflected in the forward-looking statements of this announcement are reasonable, it can give no assurance that such expectations will prove to be correct or that unforeseen developments will not occur. Harken undertakes no duty to update or revise any forward-looking statements.
HEC--News OUT OIL/GAS Play look at chart here's this mornings news--Gonna run IMO!
New Well Tested at 800 Barrels of Oil Per Day
DALLAS, Dec 14, 2004 /PRNewswire-FirstCall via COMTEX/ --
Harken Energy Corporation (Amex: HEC) announced that its 85% owned subsidiary, Global Energy Development PLC ("Global"), has successfully re-completed and commenced production from the Tilodiran # 1 well located on the 75,000 acre Rio Verde Exploration and Production Contract in Colombia (the "Rio Verde Contract").
This commencement of production following the signing of the Rio Verde Contract in September represents the shortest interval in Global's history between contract signing and first production. Global now holds four contracts in Colombia from which production is being achieved.
Global tested Tilodiran # 1 at a rate of 800 (gross) barrels of oil per day of 20 degree API gravity oil. Global owns a 100% working interest in the Tilodiran # 1 well.
Commenting on Tilodiran # 1 and the Rio Verde Contract, Stephen C. Voss, Global's Managing Director said, "The Rio Verde Contract is proving to be a significant addition to the company's portfolio. Tilodiran # 1 has quickly supplemented our existing production and we are now turning our attention to another existing well on the contract acreage, the Macarenas # 1. In addition to having an immediate positive effect on cash flow, the contract offers additional development opportunities around the Tilodiran # 1 and Macarenas # 1 wells along with significant upside exploration potential on the rest of the acreage."
Harken separately announced today positive test results and initial production from Global's development well, Estero # 5, located in the adjoining Palo Blanco field within Colombia's Llanos Basin.
Harken Energy Corporation is engaged in oil and gas exploration, development and production operations both domestically and internationally through its various subsidiaries. Additional information may be found at the Harken Energy Web site, www.harkenenergy.com, or by calling Bevo Beaven or Bill Conboy at CTA Public Relations at (303) 665-4200.
This announcement may contain forward-looking statements as defined by the Securities and Exchange Commission. Harken, however, believes that it is important to provide this operations update and communicate its future expectations to its stockholders. The forward-looking statements in this announcement reflect the current view of management with regard to future events and are subject to numerous known and unknown risks, uncertainties and other factors that may cause the actual results, performance, timing or achievements of Harken to be materially different from any results, performance, timing or achievements expressed or implied by such forward- looking statements. These risks, uncertainties and other factors include, among others, the risks described in Harken's filings with the Securities and Exchange Commission including the Annual Report on Form 10-K for the fiscal year ended December 31, 2003 filed on March 26, 2004 and its Form 10-Q for the quarter ended September 30, 2004 filed on November 5, 2004. Statements regarding future production are subject to all of the risk and uncertainties normally associated with exploration, development and production of oil and gas. These risks include, without limitation, variability in the price received for oil and gas production, lack of availability of oil field goods and services, environmental risks, drilling and production risk, risk related to offshore operations, and regulatory changes. Investors are cautioned that any such statements are not guarantees of future performance and that actual results or developments may differ materially from those projected in the forward-looking statements. Although Harken believes that the expectations reflected in the forward-looking statements of this announcement are reasonable, it can give no assurance that such expectations will prove to be correct or that unforeseen developments will not occur. Harken undertakes no duty to update or revise any forward-looking statements.
HEC--News OUT OIL/GAS Play look at chart here's this mornings news--Gonna run IMO!
New Well Tested at 800 Barrels of Oil Per Day
DALLAS, Dec 14, 2004 /PRNewswire-FirstCall via COMTEX/ --
Harken Energy Corporation (Amex: HEC) announced that its 85% owned subsidiary, Global Energy Development PLC ("Global"), has successfully re-completed and commenced production from the Tilodiran # 1 well located on the 75,000 acre Rio Verde Exploration and Production Contract in Colombia (the "Rio Verde Contract").
This commencement of production following the signing of the Rio Verde Contract in September represents the shortest interval in Global's history between contract signing and first production. Global now holds four contracts in Colombia from which production is being achieved.
Global tested Tilodiran # 1 at a rate of 800 (gross) barrels of oil per day of 20 degree API gravity oil. Global owns a 100% working interest in the Tilodiran # 1 well.
Commenting on Tilodiran # 1 and the Rio Verde Contract, Stephen C. Voss, Global's Managing Director said, "The Rio Verde Contract is proving to be a significant addition to the company's portfolio. Tilodiran # 1 has quickly supplemented our existing production and we are now turning our attention to another existing well on the contract acreage, the Macarenas # 1. In addition to having an immediate positive effect on cash flow, the contract offers additional development opportunities around the Tilodiran # 1 and Macarenas # 1 wells along with significant upside exploration potential on the rest of the acreage."
Harken separately announced today positive test results and initial production from Global's development well, Estero # 5, located in the adjoining Palo Blanco field within Colombia's Llanos Basin.
Harken Energy Corporation is engaged in oil and gas exploration, development and production operations both domestically and internationally through its various subsidiaries. Additional information may be found at the Harken Energy Web site, www.harkenenergy.com, or by calling Bevo Beaven or Bill Conboy at CTA Public Relations at (303) 665-4200.
This announcement may contain forward-looking statements as defined by the Securities and Exchange Commission. Harken, however, believes that it is important to provide this operations update and communicate its future expectations to its stockholders. The forward-looking statements in this announcement reflect the current view of management with regard to future events and are subject to numerous known and unknown risks, uncertainties and other factors that may cause the actual results, performance, timing or achievements of Harken to be materially different from any results, performance, timing or achievements expressed or implied by such forward- looking statements. These risks, uncertainties and other factors include, among others, the risks described in Harken's filings with the Securities and Exchange Commission including the Annual Report on Form 10-K for the fiscal year ended December 31, 2003 filed on March 26, 2004 and its Form 10-Q for the quarter ended September 30, 2004 filed on November 5, 2004. Statements regarding future production are subject to all of the risk and uncertainties normally associated with exploration, development and production of oil and gas. These risks include, without limitation, variability in the price received for oil and gas production, lack of availability of oil field goods and services, environmental risks, drilling and production risk, risk related to offshore operations, and regulatory changes. Investors are cautioned that any such statements are not guarantees of future performance and that actual results or developments may differ materially from those projected in the forward-looking statements. Although Harken believes that the expectations reflected in the forward-looking statements of this announcement are reasonable, it can give no assurance that such expectations will prove to be correct or that unforeseen developments will not occur. Harken undertakes no duty to update or revise any forward-looking statements.