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READY TO BRAKE 0.04 CENTS CWLC .... EASY 0.10 CENTS ...VERY UNDERVALUE
CWLC ....... STRONG BUY VERY UNDERVALUE ...Easy 0.10 cents ....China Wireless Announces Contracts With Two Multimillion Dollar Transportation Companies in the City of Tianjin, China. Tianjin Is Beijing's Gateway to the Sea and Is Considered the Number One Demarcation Point for All Products Entering and Leaving China.
DENVER, Jan. 24 /PRNewswire-FirstCall/ -- China Wireless Communications, Inc., (OTC Bulletin Board: CWLC), is pleased to announce that it has signed a contract with the Sino-Trans Group and an additional contract with Tianjin Sea Transportation Company.
Tianjin Create Co., a systems integration company and subsidiary of China Wireless Communications, signed a contract to provide computing solutions and wireless for the Sino-trans Group to be used in their transportation management department. An additional contract and has been signed with the Tianjin Sea Transportation Company to provide computing equipment for the management organization. Tianjin Create Co. will also provide hardware, and software support for both companies for 1 year.
Sino-trans Group was founded in 1950 and is the first transport company to provide international services through their joint venture with DHL signed in 1986, with assets valued at 514M USD for year end 2004. Revenues are 2.6B USD and net profit of 97M for 2004, became a publicly traded stock on the Hong Kong exchange in 2003 and employs over 16,000. Sino-trans Group provides services which include freight agency, express shipping, auto transport, ocean shipping, storage and dock services.
Tianjin Sea Transportation Stock Company is the first and largest international sea transportation company operating in Tianjin, China with assets totaling 60M USD, and revenues in excess of 3M USD calendar year 2004. The company was founded in 1980, has over 500 employees, and a fleet of 10 container ships. Each ship is capable of caring over 10,000 tons of cargo. Tianjin Sea Transportation Stock Company services the main sea routes to Japan, Korea, North America, and Southeast Asia.
Frank Li
, President of Create Co. commented, 'From a historical perspective Tianjin City is the third largest city in China and can be compared to Chicago, Illinois in the U.S.A. Its population is 10,000,000 people and is a major import and export center for China. Major industries and markets in Tianjin City include educational, industrial, international port city, medical, manufacturing and government. It is noteworthy that with the award of these contracts we expect to be able to increase our customer base in several new markets we are not in today with the assistance of China Wireless.'
About Tianjin, China
Tianjin is Beijing's gateway to the sea and has over 25 ten thousand ton ship berths. The harbor is considered the number one demarcation point for all products entering and leaving China. Tianjin's harbor is geographically the second largest in China. The city houses 31 universities and not only is the industrial capital, headquarters for Motorola Corporation of China, but also the financial capital of northern China. In addition Tianjin University is the first Chinese neoteric university. Tianjin has been selected to host the 2008 Olympic Games Football (Soccer) contests.
About China Wireless Communications, Inc.
China Wireless Communications, Inc., headquartered in Denver, CO, is focusing its efforts on becoming a premier information technology company in China. The information technology business is developing quickly in China and we are becoming a major player in its development. The company provides business solutions to clients which include systems integration, broadband data services, support for Internet access and Voice over IP in China. Our systems provide redundant high-speed network access connections, and transport services that include IP data, video and ISP services. Another key component to building the company's broad base information technology products and services in China, including computer installation and maintenance, broadband transport service, server installation maintenance and support, internet services, broadband transport redundancy, fixed wireless transport and information hosting.
Forward Looking Statements:
Statements regarding financial matters in this press release other than historical facts are 'forward-looking statements'. The company intends that such statements about the Company's future expectations, including future revenues and earnings, and all other forward-looking statements be subject to the safe harbors created thereby. Since these statements (future operational results and sales) involve risks and uncertainties and are subject to change at any time, the Company's actual results may differ materially from the expected results.
charles wilson <profitablestock@yahoo.com> escribió: UPDA closed .26 but in AH .288 run is inminent...news coming on monday and oil price climbing fast
SPONSORED LINKS
Business finance course Business to business finance Small business finance Business finance consultant Business finance magazine Business finance schools
CWLC EASY 0.10 VERY LOW FLOAT
CWLC ....... STRONG BUY VERY UNDERVALUE ...Easy 0.10 cents ....China Wireless Announces Contracts With Two Multimillion Dollar Transportation Companies in the City of Tianjin, China. Tianjin Is Beijing's Gateway to the Sea and Is Considered the Number One Demarcation Point for All Products Entering and Leaving China.
DENVER, Jan. 24 /PRNewswire-FirstCall/ -- China Wireless Communications, Inc., (OTC Bulletin Board: CWLC), is pleased to announce that it has signed a contract with the Sino-Trans Group and an additional contract with Tianjin Sea Transportation Company.
Tianjin Create Co., a systems integration company and subsidiary of China Wireless Communications, signed a contract to provide computing solutions and wireless for the Sino-trans Group to be used in their transportation management department. An additional contract and has been signed with the Tianjin Sea Transportation Company to provide computing equipment for the management organization. Tianjin Create Co. will also provide hardware, and software support for both companies for 1 year.
Sino-trans Group was founded in 1950 and is the first transport company to provide international services through their joint venture with DHL signed in 1986, with assets valued at 514M USD for year end 2004. Revenues are 2.6B USD and net profit of 97M for 2004, became a publicly traded stock on the Hong Kong exchange in 2003 and employs over 16,000. Sino-trans Group provides services which include freight agency, express shipping, auto transport, ocean shipping, storage and dock services.
Tianjin Sea Transportation Stock Company is the first and largest international sea transportation company operating in Tianjin, China with assets totaling 60M USD, and revenues in excess of 3M USD calendar year 2004. The company was founded in 1980, has over 500 employees, and a fleet of 10 container ships. Each ship is capable of caring over 10,000 tons of cargo. Tianjin Sea Transportation Stock Company services the main sea routes to Japan, Korea, North America, and Southeast Asia.
Frank Li
, President of Create Co. commented, 'From a historical perspective Tianjin City is the third largest city in China and can be compared to Chicago, Illinois in the U.S.A. Its population is 10,000,000 people and is a major import and export center for China. Major industries and markets in Tianjin City include educational, industrial, international port city, medical, manufacturing and government. It is noteworthy that with the award of these contracts we expect to be able to increase our customer base in several new markets we are not in today with the assistance of China Wireless.'
About Tianjin, China
Tianjin is Beijing's gateway to the sea and has over 25 ten thousand ton ship berths. The harbor is considered the number one demarcation point for all products entering and leaving China. Tianjin's harbor is geographically the second largest in China. The city houses 31 universities and not only is the industrial capital, headquarters for Motorola Corporation of China, but also the financial capital of northern China. In addition Tianjin University is the first Chinese neoteric university. Tianjin has been selected to host the 2008 Olympic Games Football (Soccer) contests.
About China Wireless Communications, Inc.
China Wireless Communications, Inc., headquartered in Denver, CO, is focusing its efforts on becoming a premier information technology company in China. The information technology business is developing quickly in China and we are becoming a major player in its development. The company provides business solutions to clients which include systems integration, broadband data services, support for Internet access and Voice over IP in China. Our systems provide redundant high-speed network access connections, and transport services that include IP data, video and ISP services. Another key component to building the company's broad base information technology products and services in China, including computer installation and maintenance, broadband transport service, server installation maintenance and support, internet services, broadband transport redundancy, fixed wireless transport and information hosting.
Forward Looking Statements:
Statements regarding financial matters in this press release other than historical facts are 'forward-looking statements'. The company intends that such statements about the Company's future expectations, including future revenues and earnings, and all other forward-looking statements be subject to the safe harbors created thereby. Since these statements (future operational results and sales) involve risks and uncertainties and are subject to change at any time, the Company's actual results may differ materially from the expected results.
charles wilson <profitablestock@yahoo.com> escribió: UPDA closed .26 but in AH .288 run is inminent...news coming on monday and oil price climbing fast
SPONSORED LINKS
Business finance course Business to business finance Small business finance Business finance consultant Business finance magazine Business finance schools
CWLC.ob ALERT .......VERY VERY LOW float ...................CATCH A FEW AND WIN A LOT!!!!
CWLC.ob ALERT .......VERY VERY LOW float ...................CATCH A FEW AND WIN A LOT!!!!
CWLC.ob ///// ALERT .......VERY VERY LOW float ...................CATCH A FEW AND WIN A LOT!!!!
upda 0.44 incredible!
CWLC.ob ///// ALERT .......VERY VERY LOW float ...................CATCH A FEW AND WIN A LOT!!!!
CWLC.ob ///// ALERT .......VERY VERY LOW float ...................CATCH A FEW AND WIN A LOT!!!!
tks up 42%
CWLC.ob ///// ALERT .......VERY VERY LOW float ...................CATCH A FEW AND WIN A LOT!!!!
CWLC ...... Ideas Priza target
CWLC ....... STRONG BUY VERY UNDERVALUE ...Easy 0.10 cents ....China Wireless Announces Contracts With Two Multimillion Dollar Transportation Companies in the City of Tianjin, China. Tianjin Is Beijing's Gateway to the Sea and Is Considered the Number One Demarcation Point for All Products Entering and Leaving China.
DENVER, Jan. 24 /PRNewswire-FirstCall/ -- China Wireless Communications, Inc., (OTC Bulletin Board: CWLC), is pleased to announce that it has signed a contract with the Sino-Trans Group and an additional contract with Tianjin Sea Transportation Company.
Tianjin Create Co., a systems integration company and subsidiary of China Wireless Communications, signed a contract to provide computing solutions and wireless for the Sino-trans Group to be used in their transportation management department. An additional contract and has been signed with the Tianjin Sea Transportation Company to provide computing equipment for the management organization. Tianjin Create Co. will also provide hardware, and software support for both companies for 1 year.
Sino-trans Group was founded in 1950 and is the first transport company to provide international services through their joint venture with DHL signed in 1986, with assets valued at 514M USD for year end 2004. Revenues are 2.6B USD and net profit of 97M for 2004, became a publicly traded stock on the Hong Kong exchange in 2003 and employs over 16,000. Sino-trans Group provides services which include freight agency, express shipping, auto transport, ocean shipping, storage and dock services.
Tianjin Sea Transportation Stock Company is the first and largest international sea transportation company operating in Tianjin, China with assets totaling 60M USD, and revenues in excess of 3M USD calendar year 2004. The company was founded in 1980, has over 500 employees, and a fleet of 10 container ships. Each ship is capable of caring over 10,000 tons of cargo. Tianjin Sea Transportation Stock Company services the main sea routes to Japan, Korea, North America, and Southeast Asia.
Frank Li
, President of Create Co. commented, 'From a historical perspective Tianjin City is the third largest city in China and can be compared to Chicago, Illinois in the U.S.A. Its population is 10,000,000 people and is a major import and export center for China. Major industries and markets in Tianjin City include educational, industrial, international port city, medical, manufacturing and government. It is noteworthy that with the award of these contracts we expect to be able to increase our customer base in several new markets we are not in today with the assistance of China Wireless.'
About Tianjin, China
Tianjin is Beijing's gateway to the sea and has over 25 ten thousand ton ship berths. The harbor is considered the number one demarcation point for all products entering and leaving China. Tianjin's harbor is geographically the second largest in China. The city houses 31 universities and not only is the industrial capital, headquarters for Motorola Corporation of China, but also the financial capital of northern China. In addition Tianjin University is the first Chinese neoteric university. Tianjin has been selected to host the 2008 Olympic Games Football (Soccer) contests.
About China Wireless Communications, Inc.
China Wireless Communications, Inc., headquartered in Denver, CO, is focusing its efforts on becoming a premier information technology company in China. The information technology business is developing quickly in China and we are becoming a major player in its development. The company provides business solutions to clients which include systems integration, broadband data services, support for Internet access and Voice over IP in China. Our systems provide redundant high-speed network access connections, and transport services that include IP data, video and ISP services. Another key component to building the company's broad base information technology products and services in China, including computer installation and maintenance, broadband transport service, server installation maintenance and support, internet services, broadband transport redundancy, fixed wireless transport and information hosting.
Forward Looking Statements:
Statements regarding financial matters in this press release other than historical facts are 'forward-looking statements'. The company intends that such statements about the Company's future expectations, including future revenues and earnings, and all other forward-looking statements be subject to the safe harbors created thereby. Since these statements (future operational results and sales) involve risks and uncertainties and are subject to change at any time, the Company's actual results may differ materially from the expected results.
charles wilson <profitablestock@yahoo.com> escribió: UPDA closed .26 but in AH .288 run is inminent...news coming on monday and oil price climbing fast
CWLC ....... STRONG BUY VERY UNDERVALUE ...Easy 0.10 cents ....China Wireless Announces Contracts With Two Multimillion Dollar Transportation Companies in the City of Tianjin, China. Tianjin Is Beijing's Gateway to the Sea and Is Considered the Number One Demarcation Point for All Products Entering and Leaving China.
DENVER, Jan. 24 /PRNewswire-FirstCall/ -- China Wireless Communications, Inc., (OTC Bulletin Board: CWLC), is pleased to announce that it has signed a contract with the Sino-Trans Group and an additional contract with Tianjin Sea Transportation Company.
Tianjin Create Co., a systems integration company and subsidiary of China Wireless Communications, signed a contract to provide computing solutions and wireless for the Sino-trans Group to be used in their transportation management department. An additional contract and has been signed with the Tianjin Sea Transportation Company to provide computing equipment for the management organization. Tianjin Create Co. will also provide hardware, and software support for both companies for 1 year.
Sino-trans Group was founded in 1950 and is the first transport company to provide international services through their joint venture with DHL signed in 1986, with assets valued at 514M USD for year end 2004. Revenues are 2.6B USD and net profit of 97M for 2004, became a publicly traded stock on the Hong Kong exchange in 2003 and employs over 16,000. Sino-trans Group provides services which include freight agency, express shipping, auto transport, ocean shipping, storage and dock services.
Tianjin Sea Transportation Stock Company is the first and largest international sea transportation company operating in Tianjin, China with assets totaling 60M USD, and revenues in excess of 3M USD calendar year 2004. The company was founded in 1980, has over 500 employees, and a fleet of 10 container ships. Each ship is capable of caring over 10,000 tons of cargo. Tianjin Sea Transportation Stock Company services the main sea routes to Japan, Korea, North America, and Southeast Asia.
Frank Li
, President of Create Co. commented, 'From a historical perspective Tianjin City is the third largest city in China and can be compared to Chicago, Illinois in the U.S.A. Its population is 10,000,000 people and is a major import and export center for China. Major industries and markets in Tianjin City include educational, industrial, international port city, medical, manufacturing and government. It is noteworthy that with the award of these contracts we expect to be able to increase our customer base in several new markets we are not in today with the assistance of China Wireless.'
About Tianjin, China
Tianjin is Beijing's gateway to the sea and has over 25 ten thousand ton ship berths. The harbor is considered the number one demarcation point for all products entering and leaving China. Tianjin's harbor is geographically the second largest in China. The city houses 31 universities and not only is the industrial capital, headquarters for Motorola Corporation of China, but also the financial capital of northern China. In addition Tianjin University is the first Chinese neoteric university. Tianjin has been selected to host the 2008 Olympic Games Football (Soccer) contests.
About China Wireless Communications, Inc.
China Wireless Communications, Inc., headquartered in Denver, CO, is focusing its efforts on becoming a premier information technology company in China. The information technology business is developing quickly in China and we are becoming a major player in its development. The company provides business solutions to clients which include systems integration, broadband data services, support for Internet access and Voice over IP in China. Our systems provide redundant high-speed network access connections, and transport services that include IP data, video and ISP services. Another key component to building the company's broad base information technology products and services in China, including computer installation and maintenance, broadband transport service, server installation maintenance and support, internet services, broadband transport redundancy, fixed wireless transport and information hosting.
Forward Looking Statements:
Statements regarding financial matters in this press release other than historical facts are 'forward-looking statements'. The company intends that such statements about the Company's future expectations, including future revenues and earnings, and all other forward-looking statements be subject to the safe harbors created thereby. Since these statements (future operational results and sales) involve risks and uncertainties and are subject to change at any time, the Company's actual results may differ materially from the expected results.
charles wilson <profitablestock@yahoo.com> escribió: UPDA closed .26 but in AH .288 run is inminent...news coming on monday and oil price climbing fast
EUROS !!!!!!
UPDA 0.34 12% UP cents in EUROPE . 0.29 12% UP in New York premarket .... ready to run to 0.40 .... News Out another well
Canyon Creek Completes Project in South Markley Field in Young County, Texas -- Another Oil and Gas Well to Be Turned to Production
Canyon Creek Oil & Gas Inc. (A joint venture of Universal Property Development and Acquisition Corporation (OTCBB:UPDA) and USProduction & Exploration, LLC. (USPX), a privately held Company) has completed its revitalization efforts in the South Markley Field in Young County, Texas and today its #2 Prideaux well will be brought on line. The #2 Prideaux was completed in February 1982 flowing 300 mcfgpd from the Marble Falls formation at 4,798'. The Marble Falls formation is a prolific oil and gas producer in the state and in the immediate area. It is estimated the reserves remaining total 548,000 mcfg. Canyon Creek has equipped the #2 Prideaux with a Quincy 270 vacuum pump compressor and the Company is waiting for the gas purchaser to modify its metering system so it can deliver additional gas to the pipeline. Canyon Creek expects the gas production will increase significantly once the Quincy pump is turned on today. Sunoco will purchase the oil from the #2 Prideaux, and
Targa Midstream Services, Ltd., who bought Dynegy Midstream Services, is the named purchaser for the natural gas. Once Targa Midstream modifies its metering site today, Canyon Creek will turn on the Quincy pump to move the casing head gas to the pipeline. The Company will monitor and report daily oil and gas sales to UPDA who provided the funds for the project. The #2 Prideaux is located in the South Markley Field about 12 miles north of Graham, Texas. With the completion of this project, Canyon Creek now has wells producing in 3 fields with additional wells to be brought on line within days. About UPDA Universal Property Development and Acquisition Corporation (OTCBB:UPDA) focuses on the acquisition and development of proven oil and natural gas reserves and other energy opportunities through the creation of joint ventures with under-funded owners of mineral leases and cutting-edge technologies. For additional information visit: www.universalpropertydevelopment.com. About
CCOG Canyon Creek Oil & Gas Inc. was formed in July 2005 as a joint venture corporation for the purpose of acquiring currently producing oil and gas properties, low risk drilling prospects and existing wells in need of state-of-the-art technology to improve profitability. Canyon Creek Oil and Gas Inc. now has over 60 wells located on more than 2,000 acres in the Fort Worth basin. The Company has also acquired properties located in Inez Field in Victoria County and Giddings Gas Field in Fayette County, Texas. Canyon Creek continues a revitalization program on all of its properties in order to improve production and bring more wells on line. About USPX USProduction & Exploration, LLC, an independent production and exploration company located in Sugar Land, Texas, is engaged in the acquisition of oil and gas producing properties with multiple enhancement opportunities. USPX seeks high quality exploration drilling projects in conventional and unconventional reservoirs. The
Company's approach to developing depleted reservoirs and unconventional gas is innovative: it combines horizontal, multilateral, with under balanced drilling methods. Statements contained in this press release that are not based upon current or historical fact are forward-looking in nature. Such forward-looking statements reflect the current views of management with respect to future events and are subject to certain risks, uncertainties, and assumptions. Should one or more of these risks or uncertainties materialize or should underlying assumptions prove incorrect, actual results may vary materially from those described herein as anticipated, believed, estimated, expected, or described pursuant to similar expressions.
Universal Property Development and Acquisition Corporation Bradford Moore, 561-630-2977 (Investor Relations) info@updac.com
UPDA 0.34 12% UP cents in EUROPE . 0.285 10% UP in New York premarket .... ready to run to 0.40 .... News Out another well
Canyon Creek Completes Project in South Markley Field in Young County, Texas -- Another Oil and Gas Well to Be Turned to Production
Canyon Creek Oil & Gas Inc. (A joint venture of Universal Property Development and Acquisition Corporation (OTCBB:UPDA) and USProduction & Exploration, LLC. (USPX), a privately held Company) has completed its revitalization efforts in the South Markley Field in Young County, Texas and today its #2 Prideaux well will be brought on line. The #2 Prideaux was completed in February 1982 flowing 300 mcfgpd from the Marble Falls formation at 4,798'. The Marble Falls formation is a prolific oil and gas producer in the state and in the immediate area. It is estimated the reserves remaining total 548,000 mcfg. Canyon Creek has equipped the #2 Prideaux with a Quincy 270 vacuum pump compressor and the Company is waiting for the gas purchaser to modify its metering system so it can deliver additional gas to the pipeline. Canyon Creek expects the gas production will increase significantly once the Quincy pump is turned on today. Sunoco will purchase the oil from the #2 Prideaux, and
Targa Midstream Services, Ltd., who bought Dynegy Midstream Services, is the named purchaser for the natural gas. Once Targa Midstream modifies its metering site today, Canyon Creek will turn on the Quincy pump to move the casing head gas to the pipeline. The Company will monitor and report daily oil and gas sales to UPDA who provided the funds for the project. The #2 Prideaux is located in the South Markley Field about 12 miles north of Graham, Texas. With the completion of this project, Canyon Creek now has wells producing in 3 fields with additional wells to be brought on line within days. About UPDA Universal Property Development and Acquisition Corporation (OTCBB:UPDA) focuses on the acquisition and development of proven oil and natural gas reserves and other energy opportunities through the creation of joint ventures with under-funded owners of mineral leases and cutting-edge technologies. For additional information visit: www.universalpropertydevelopment.com. About
CCOG Canyon Creek Oil & Gas Inc. was formed in July 2005 as a joint venture corporation for the purpose of acquiring currently producing oil and gas properties, low risk drilling prospects and existing wells in need of state-of-the-art technology to improve profitability. Canyon Creek Oil and Gas Inc. now has over 60 wells located on more than 2,000 acres in the Fort Worth basin. The Company has also acquired properties located in Inez Field in Victoria County and Giddings Gas Field in Fayette County, Texas. Canyon Creek continues a revitalization program on all of its properties in order to improve production and bring more wells on line. About USPX USProduction & Exploration, LLC, an independent production and exploration company located in Sugar Land, Texas, is engaged in the acquisition of oil and gas producing properties with multiple enhancement opportunities. USPX seeks high quality exploration drilling projects in conventional and unconventional reservoirs. The
Company's approach to developing depleted reservoirs and unconventional gas is innovative: it combines horizontal, multilateral, with under balanced drilling methods. Statements contained in this press release that are not based upon current or historical fact are forward-looking in nature. Such forward-looking statements reflect the current views of management with respect to future events and are subject to certain risks, uncertainties, and assumptions. Should one or more of these risks or uncertainties materialize or should underlying assumptions prove incorrect, actual results may vary materially from those described herein as anticipated, believed, estimated, expected, or described pursuant to similar expressions.
Universal Property Development and Acquisition Corporation Bradford Moore, 561-630-2977 (Investor Relations) info@updac.com
if europe brakes 0.35 0.36 next resistence at 0.40 !
sorry 0.28
bid 0.20 cents ready to 0.40 cents
UPDA 0.34 cents in EUROPE . 0.26 in New York premarket .... ready to run to 0.40 .... News Out another well
Canyon Creek Completes Project in South Markley Field in Young County, Texas -- Another Oil and Gas Well to Be Turned to Production
Canyon Creek Oil & Gas Inc. (A joint venture of Universal Property Development and Acquisition Corporation (OTCBB:UPDA) and USProduction & Exploration, LLC. (USPX), a privately held Company) has completed its revitalization efforts in the South Markley Field in Young County, Texas and today its #2 Prideaux well will be brought on line. The #2 Prideaux was completed in February 1982 flowing 300 mcfgpd from the Marble Falls formation at 4,798'. The Marble Falls formation is a prolific oil and gas producer in the state and in the immediate area. It is estimated the reserves remaining total 548,000 mcfg. Canyon Creek has equipped the #2 Prideaux with a Quincy 270 vacuum pump compressor and the Company is waiting for the gas purchaser to modify its metering system so it can deliver additional gas to the pipeline. Canyon Creek expects the gas production will increase significantly once the Quincy pump is turned on today. Sunoco will purchase the oil from the #2 Prideaux, and
Targa Midstream Services, Ltd., who bought Dynegy Midstream Services, is the named purchaser for the natural gas. Once Targa Midstream modifies its metering site today, Canyon Creek will turn on the Quincy pump to move the casing head gas to the pipeline. The Company will monitor and report daily oil and gas sales to UPDA who provided the funds for the project. The #2 Prideaux is located in the South Markley Field about 12 miles north of Graham, Texas. With the completion of this project, Canyon Creek now has wells producing in 3 fields with additional wells to be brought on line within days. About UPDA Universal Property Development and Acquisition Corporation (OTCBB:UPDA) focuses on the acquisition and development of proven oil and natural gas reserves and other energy opportunities through the creation of joint ventures with under-funded owners of mineral leases and cutting-edge technologies. For additional information visit: www.universalpropertydevelopment.com. About
CCOG Canyon Creek Oil & Gas Inc. was formed in July 2005 as a joint venture corporation for the purpose of acquiring currently producing oil and gas properties, low risk drilling prospects and existing wells in need of state-of-the-art technology to improve profitability. Canyon Creek Oil and Gas Inc. now has over 60 wells located on more than 2,000 acres in the Fort Worth basin. The Company has also acquired properties located in Inez Field in Victoria County and Giddings Gas Field in Fayette County, Texas. Canyon Creek continues a revitalization program on all of its properties in order to improve production and bring more wells on line. About USPX USProduction & Exploration, LLC, an independent production and exploration company located in Sugar Land, Texas, is engaged in the acquisition of oil and gas producing properties with multiple enhancement opportunities. USPX seeks high quality exploration drilling projects in conventional and unconventional reservoirs. The
Company's approach to developing depleted reservoirs and unconventional gas is innovative: it combines horizontal, multilateral, with under balanced drilling methods. Statements contained in this press release that are not based upon current or historical fact are forward-looking in nature. Such forward-looking statements reflect the current views of management with respect to future events and are subject to certain risks, uncertainties, and assumptions. Should one or more of these risks or uncertainties materialize or should underlying assumptions prove incorrect, actual results may vary materially from those described herein as anticipated, believed, estimated, expected, or described pursuant to similar expressions.
Universal Property Development and Acquisition Corporation Bradford Moore, 561-630-2977 (Investor Relations) info@updac.com
UPDA 0.34 cents in EUROPE . 0.26 in New York premarket .... ready to run to 0.40 .... News Out another well
Canyon Creek Completes Project in South Markley Field in Young County, Texas -- Another Oil and Gas Well to Be Turned to Production
Canyon Creek Oil & Gas Inc. (A joint venture of Universal Property Development and Acquisition Corporation (OTCBB:UPDA) and USProduction & Exploration, LLC. (USPX), a privately held Company) has completed its revitalization efforts in the South Markley Field in Young County, Texas and today its #2 Prideaux well will be brought on line. The #2 Prideaux was completed in February 1982 flowing 300 mcfgpd from the Marble Falls formation at 4,798'. The Marble Falls formation is a prolific oil and gas producer in the state and in the immediate area. It is estimated the reserves remaining total 548,000 mcfg. Canyon Creek has equipped the #2 Prideaux with a Quincy 270 vacuum pump compressor and the Company is waiting for the gas purchaser to modify its metering system so it can deliver additional gas to the pipeline. Canyon Creek expects the gas production will increase significantly once the Quincy pump is turned on today. Sunoco will purchase the oil from the #2 Prideaux, and
Targa Midstream Services, Ltd., who bought Dynegy Midstream Services, is the named purchaser for the natural gas. Once Targa Midstream modifies its metering site today, Canyon Creek will turn on the Quincy pump to move the casing head gas to the pipeline. The Company will monitor and report daily oil and gas sales to UPDA who provided the funds for the project. The #2 Prideaux is located in the South Markley Field about 12 miles north of Graham, Texas. With the completion of this project, Canyon Creek now has wells producing in 3 fields with additional wells to be brought on line within days. About UPDA Universal Property Development and Acquisition Corporation (OTCBB:UPDA) focuses on the acquisition and development of proven oil and natural gas reserves and other energy opportunities through the creation of joint ventures with under-funded owners of mineral leases and cutting-edge technologies. For additional information visit: www.universalpropertydevelopment.com. About
CCOG Canyon Creek Oil & Gas Inc. was formed in July 2005 as a joint venture corporation for the purpose of acquiring currently producing oil and gas properties, low risk drilling prospects and existing wells in need of state-of-the-art technology to improve profitability. Canyon Creek Oil and Gas Inc. now has over 60 wells located on more than 2,000 acres in the Fort Worth basin. The Company has also acquired properties located in Inez Field in Victoria County and Giddings Gas Field in Fayette County, Texas. Canyon Creek continues a revitalization program on all of its properties in order to improve production and bring more wells on line. About USPX USProduction & Exploration, LLC, an independent production and exploration company located in Sugar Land, Texas, is engaged in the acquisition of oil and gas producing properties with multiple enhancement opportunities. USPX seeks high quality exploration drilling projects in conventional and unconventional reservoirs. The
Company's approach to developing depleted reservoirs and unconventional gas is innovative: it combines horizontal, multilateral, with under balanced drilling methods. Statements contained in this press release that are not based upon current or historical fact are forward-looking in nature. Such forward-looking statements reflect the current views of management with respect to future events and are subject to certain risks, uncertainties, and assumptions. Should one or more of these risks or uncertainties materialize or should underlying assumptions prove incorrect, actual results may vary materially from those described herein as anticipated, believed, estimated, expected, or described pursuant to similar expressions.
Universal Property Development and Acquisition Corporation Bradford Moore, 561-630-2977 (Investor Relations) info@updac.com
UPDA 0.34 cents in EUROPE . 0.26 in New York premarket .... ready to run to 0.40 .... News Out another well
Canyon Creek Completes Project in South Markley Field in Young County, Texas -- Another Oil and Gas Well to Be Turned to Production
Canyon Creek Oil & Gas Inc. (A joint venture of Universal Property Development and Acquisition Corporation (OTCBB:UPDA) and USProduction & Exploration, LLC. (USPX), a privately held Company) has completed its revitalization efforts in the South Markley Field in Young County, Texas and today its #2 Prideaux well will be brought on line. The #2 Prideaux was completed in February 1982 flowing 300 mcfgpd from the Marble Falls formation at 4,798'. The Marble Falls formation is a prolific oil and gas producer in the state and in the immediate area. It is estimated the reserves remaining total 548,000 mcfg. Canyon Creek has equipped the #2 Prideaux with a Quincy 270 vacuum pump compressor and the Company is waiting for the gas purchaser to modify its metering system so it can deliver additional gas to the pipeline. Canyon Creek expects the gas production will increase significantly once the Quincy pump is turned on today. Sunoco will purchase the oil from the #2 Prideaux, and
Targa Midstream Services, Ltd., who bought Dynegy Midstream Services, is the named purchaser for the natural gas. Once Targa Midstream modifies its metering site today, Canyon Creek will turn on the Quincy pump to move the casing head gas to the pipeline. The Company will monitor and report daily oil and gas sales to UPDA who provided the funds for the project. The #2 Prideaux is located in the South Markley Field about 12 miles north of Graham, Texas. With the completion of this project, Canyon Creek now has wells producing in 3 fields with additional wells to be brought on line within days. About UPDA Universal Property Development and Acquisition Corporation (OTCBB:UPDA) focuses on the acquisition and development of proven oil and natural gas reserves and other energy opportunities through the creation of joint ventures with under-funded owners of mineral leases and cutting-edge technologies. For additional information visit: www.universalpropertydevelopment.com. About
CCOG Canyon Creek Oil & Gas Inc. was formed in July 2005 as a joint venture corporation for the purpose of acquiring currently producing oil and gas properties, low risk drilling prospects and existing wells in need of state-of-the-art technology to improve profitability. Canyon Creek Oil and Gas Inc. now has over 60 wells located on more than 2,000 acres in the Fort Worth basin. The Company has also acquired properties located in Inez Field in Victoria County and Giddings Gas Field in Fayette County, Texas. Canyon Creek continues a revitalization program on all of its properties in order to improve production and bring more wells on line. About USPX USProduction & Exploration, LLC, an independent production and exploration company located in Sugar Land, Texas, is engaged in the acquisition of oil and gas producing properties with multiple enhancement opportunities. USPX seeks high quality exploration drilling projects in conventional and unconventional reservoirs. The
Company's approach to developing depleted reservoirs and unconventional gas is innovative: it combines horizontal, multilateral, with under balanced drilling methods. Statements contained in this press release that are not based upon current or historical fact are forward-looking in nature. Such forward-looking statements reflect the current views of management with respect to future events and are subject to certain risks, uncertainties, and assumptions. Should one or more of these risks or uncertainties materialize or should underlying assumptions prove incorrect, actual results may vary materially from those described herein as anticipated, believed, estimated, expected, or described pursuant to similar expressions.
Universal Property Development and Acquisition Corporation Bradford Moore, 561-630-2977 (Investor Relations) info@updac.com
UPDA 0.34 cents in EUROPE . 0.26 in New York premarket .... ready to run to 0.40 .... News Out another well
Canyon Creek Completes Project in South Markley Field in Young County, Texas -- Another Oil and Gas Well to Be Turned to Production
Canyon Creek Oil & Gas Inc. (A joint venture of Universal Property Development and Acquisition Corporation (OTCBB:UPDA) and USProduction & Exploration, LLC. (USPX), a privately held Company) has completed its revitalization efforts in the South Markley Field in Young County, Texas and today its #2 Prideaux well will be brought on line. The #2 Prideaux was completed in February 1982 flowing 300 mcfgpd from the Marble Falls formation at 4,798'. The Marble Falls formation is a prolific oil and gas producer in the state and in the immediate area. It is estimated the reserves remaining total 548,000 mcfg. Canyon Creek has equipped the #2 Prideaux with a Quincy 270 vacuum pump compressor and the Company is waiting for the gas purchaser to modify its metering system so it can deliver additional gas to the pipeline. Canyon Creek expects the gas production will increase significantly once the Quincy pump is turned on today. Sunoco will purchase the oil from the #2 Prideaux, and
Targa Midstream Services, Ltd., who bought Dynegy Midstream Services, is the named purchaser for the natural gas. Once Targa Midstream modifies its metering site today, Canyon Creek will turn on the Quincy pump to move the casing head gas to the pipeline. The Company will monitor and report daily oil and gas sales to UPDA who provided the funds for the project. The #2 Prideaux is located in the South Markley Field about 12 miles north of Graham, Texas. With the completion of this project, Canyon Creek now has wells producing in 3 fields with additional wells to be brought on line within days. About UPDA Universal Property Development and Acquisition Corporation (OTCBB:UPDA) focuses on the acquisition and development of proven oil and natural gas reserves and other energy opportunities through the creation of joint ventures with under-funded owners of mineral leases and cutting-edge technologies. For additional information visit: www.universalpropertydevelopment.com. About
CCOG Canyon Creek Oil & Gas Inc. was formed in July 2005 as a joint venture corporation for the purpose of acquiring currently producing oil and gas properties, low risk drilling prospects and existing wells in need of state-of-the-art technology to improve profitability. Canyon Creek Oil and Gas Inc. now has over 60 wells located on more than 2,000 acres in the Fort Worth basin. The Company has also acquired properties located in Inez Field in Victoria County and Giddings Gas Field in Fayette County, Texas. Canyon Creek continues a revitalization program on all of its properties in order to improve production and bring more wells on line. About USPX USProduction & Exploration, LLC, an independent production and exploration company located in Sugar Land, Texas, is engaged in the acquisition of oil and gas producing properties with multiple enhancement opportunities. USPX seeks high quality exploration drilling projects in conventional and unconventional reservoirs. The
Company's approach to developing depleted reservoirs and unconventional gas is innovative: it combines horizontal, multilateral, with under balanced drilling methods. Statements contained in this press release that are not based upon current or historical fact are forward-looking in nature. Such forward-looking statements reflect the current views of management with respect to future events and are subject to certain risks, uncertainties, and assumptions. Should one or more of these risks or uncertainties materialize or should underlying assumptions prove incorrect, actual results may vary materially from those described herein as anticipated, believed, estimated, expected, or described pursuant to similar expressions.
Universal Property Development and Acquisition Corporation Bradford Moore, 561-630-2977 (Investor Relations) info@updac.com
UPDA 0.34 cents in EUROPE . 0.26 in New York premarket .... ready to run to 0.40 .... News Out another well
Canyon Creek Completes Project in South Markley Field in Young County, Texas -- Another Oil and Gas Well to Be Turned to Production
Canyon Creek Oil & Gas Inc. (A joint venture of Universal Property Development and Acquisition Corporation (OTCBB:UPDA) and USProduction & Exploration, LLC. (USPX), a privately held Company) has completed its revitalization efforts in the South Markley Field in Young County, Texas and today its #2 Prideaux well will be brought on line. The #2 Prideaux was completed in February 1982 flowing 300 mcfgpd from the Marble Falls formation at 4,798'. The Marble Falls formation is a prolific oil and gas producer in the state and in the immediate area. It is estimated the reserves remaining total 548,000 mcfg. Canyon Creek has equipped the #2 Prideaux with a Quincy 270 vacuum pump compressor and the Company is waiting for the gas purchaser to modify its metering system so it can deliver additional gas to the pipeline. Canyon Creek expects the gas production will increase significantly once the Quincy pump is turned on today. Sunoco will purchase the oil from the #2 Prideaux, and
Targa Midstream Services, Ltd., who bought Dynegy Midstream Services, is the named purchaser for the natural gas. Once Targa Midstream modifies its metering site today, Canyon Creek will turn on the Quincy pump to move the casing head gas to the pipeline. The Company will monitor and report daily oil and gas sales to UPDA who provided the funds for the project. The #2 Prideaux is located in the South Markley Field about 12 miles north of Graham, Texas. With the completion of this project, Canyon Creek now has wells producing in 3 fields with additional wells to be brought on line within days. About UPDA Universal Property Development and Acquisition Corporation (OTCBB:UPDA) focuses on the acquisition and development of proven oil and natural gas reserves and other energy opportunities through the creation of joint ventures with under-funded owners of mineral leases and cutting-edge technologies. For additional information visit: www.universalpropertydevelopment.com. About
CCOG Canyon Creek Oil & Gas Inc. was formed in July 2005 as a joint venture corporation for the purpose of acquiring currently producing oil and gas properties, low risk drilling prospects and existing wells in need of state-of-the-art technology to improve profitability. Canyon Creek Oil and Gas Inc. now has over 60 wells located on more than 2,000 acres in the Fort Worth basin. The Company has also acquired properties located in Inez Field in Victoria County and Giddings Gas Field in Fayette County, Texas. Canyon Creek continues a revitalization program on all of its properties in order to improve production and bring more wells on line. About USPX USProduction & Exploration, LLC, an independent production and exploration company located in Sugar Land, Texas, is engaged in the acquisition of oil and gas producing properties with multiple enhancement opportunities. USPX seeks high quality exploration drilling projects in conventional and unconventional reservoirs. The
Company's approach to developing depleted reservoirs and unconventional gas is innovative: it combines horizontal, multilateral, with under balanced drilling methods. Statements contained in this press release that are not based upon current or historical fact are forward-looking in nature. Such forward-looking statements reflect the current views of management with respect to future events and are subject to certain risks, uncertainties, and assumptions. Should one or more of these risks or uncertainties materialize or should underlying assumptions prove incorrect, actual results may vary materially from those described herein as anticipated, believed, estimated, expected, or described pursuant to similar expressions.
Universal Property Development and Acquisition Corporation Bradford Moore, 561-630-2977 (Investor Relations) info@updac.com
UPDA 30 cents in this moment in Franfurt
UPDA 30 cents in this moment in Franfurt
UPDA perhaps 0.50 cents this week OIL OIL OIL UP UP
oil 69.20$ RT
oil 69.20$ RT
upda START IN FRANKFURT ,this week 0.50 cents
69.20 RT
Iran Sanctions Could Drive Oil Past $100
Sunday January 22, 6:39 pm ET
By Brad Foss and George Jahn, Associated Press Writers
Oil Could Top $100 a Barrel if U.N. Imposes Sanctions on Iran Over Nuclear Program
A surge in oil prices last week to almost $70 a barrel on concerns about the restart of Iran's nuclear program only hints at what may lie ahead.
Prices could soar past $100 a barrel, experts say, if the U.N. Security Council authorizes trade sanctions against the Middle Eastern nation, which the West accuses of trying to make nuclear bombs, and Iran curbs oil exports in retaliation. A sharp global economic slowdown could follow.
ADVERTISEMENT
That's the dilemma the United States and European nations face as they decide whether to act. But Iran would also pay a hefty price if the petro-dollars that now represent 80 percent of export revenues are reduced, potentially stirring civil unrest in a nation with a 14 percent unemployment rate.
"They would shoot themselves in the foot," said Mustafa Alani, director of national security and terrorism studies at the Dubai-based Gulf Research Center. "It's one thing to test the market psychology, it's another to take the actual step and stop oil exports."
Iran, the second-largest oil producer within the Organization of Petroleum Exporting Countries, exports roughly 2.5 million barrels per day -- 1 million barrels more than current excess production capacity worldwide. It also controls the strategic Strait of Hormuz, a critical shipping lane in the Middle East.
"Even if Iran pulled a small amount of its oil off the market, say it pulled a half million barrels a day, I could see oil prices literally jumping over the $100 per barrel mark," said James Bartis, a senior researcher at Rand Corp.
But other oil analysts say prices would likely not climb much higher than $75 a barrel before strategic reserves would be released and demand would begin to taper off as economic activity slowed around the world.
So who would be hurt more? The United States and other nations say it would be Tehran and argue against succumbing to economic blackmail in any case. "We cannot be intimidated by economic threats from their side," Sen. Trent Lott, R-Miss, told CNN.
The U.S. Department of Energy estimates that oil exports finance about half of the Iranian government's budget. And while high oil prices have boosted the annual growth rate to about 5 percent, Iran has never really recovered from its 1980-1988 war against Iraq and trade restrictions on sensitive technologies. The Iran Nonproliferation Act, which the U.S. Congress passed in 2000, deters international support for Iran to develop nuclear, chemical and biological weapons programs and missile-delivery systems.
For weeks, Iran's state television has sought to show a people united behind the leadership, showing passer-by on Tehran city streets expressing their support for the country's strivings for nuclear independence.
Still, Alani of the Gulf Research Center questioned "whether the ordinary citizens will be willing to risk sanctions and endure a lot of suffering like the Iraqis suffered for 13 years" under U.N. sanctions.
Oil consuming nations, meanwhile, have at least one ace up their sleeves -- crude reserves. The United States and other members of the International Energy Agency have a combined 1.48 billion barrels of oil in their emergency stocks. That's equivalent to about 600 days of Iran's net oil exports of 2.4 million barrels per day.
OPEC might be able to add 1.5 million barrels per day to world production, mostly from Saudi Arabia. And oil analyst Fadel Gheit at Oppenheimer & Co. in New York said Russia might be able to crank up exports by about 500,000 barrels once its domestic home-heating demand eases.
Gregory L. Schulte, chief U.S. delegate to the International Atomic Energy Agency, accused Iran last week of deceiving the world about its atomic program, declaring that moves to haul it before the U.N. Security Council were meant to deny "the most deadly of weapons to the most dangerous of countries."
His comments were part of increasing international pressure on Iran since it removed seals from uranium enrichment equipment earlier in the month and said it would start small scale work on the process that can make both fuel and the fissile core of nuclear warheads.
"It's a very difficult situation where you don't know which side is going to blink first," said Leonard Spector, deputy director of the Monterey Institute of International Studies' Center for Nonproliferation Studies.
It's also not clear the United States could win a referral on sanctions at the Security Council, where members Russia and China are Iran's main allies. Both have strong economic and strategic ties to Iran, with China a large oil consumer and drilling partner and Russia a key supplier of arms and nuclear technology and services for what Tehran says is a peaceful program. Additionally, oil-rich Russia would benefit from higher prices and increased demand for its crude if Iran's oil were off the market.
Influential India, which imports 75 percent of the crude it consumes, some from Iran, is a wild card in the referral struggle.
It joined the U.S., Britain, France and Germany in September to back an IAEA resolution that set the stage for reporting Iran for violating the Nuclear Nonproliferation Treaty. But pressure is building on the Indian government not to vote against Iran when the 35-nation IAEA board meets Feb. 2 to consider actual referral.
"India must not allow itself to be dragooned into joining the Washington-led nuclear lynch mob against Iran," The Hindu, one of India's most influential newspapers, cautioned Thursday. "Aside from the lack of any legal basis for threatening Iran with sanctions, India should consider what the U.S. pressure on Tehran will do to international oil prices as well as to the overall security scenario in West Asia."
The United States and its allies are thought to have the majority behind them on any vote for referral. Still they would like to see India, China and Russia on board -- all three countries carry weight among other IAEA board nations, and Moscow and Beijing have a vote on the Security Council on what to do about Iran, once it is referred.
Associated Press Writers Alex Nicholson in Moscow, Constant Brand in Brussels, Laurence Frost in Paris, Nirmala George in New Delhi and Ali Akbar Dareini in Tehran contributed to this report. Brad Foss reported from Washington, George Jahn from Vienna, Austria.
Iran Sanctions Could Drive Oil Past $100
Sunday January 22, 6:39 pm ET
By Brad Foss and George Jahn, Associated Press Writers
Oil Could Top $100 a Barrel if U.N. Imposes Sanctions on Iran Over Nuclear Program
A surge in oil prices last week to almost $70 a barrel on concerns about the restart of Iran's nuclear program only hints at what may lie ahead.
Prices could soar past $100 a barrel, experts say, if the U.N. Security Council authorizes trade sanctions against the Middle Eastern nation, which the West accuses of trying to make nuclear bombs, and Iran curbs oil exports in retaliation. A sharp global economic slowdown could follow.
ADVERTISEMENT
That's the dilemma the United States and European nations face as they decide whether to act. But Iran would also pay a hefty price if the petro-dollars that now represent 80 percent of export revenues are reduced, potentially stirring civil unrest in a nation with a 14 percent unemployment rate.
"They would shoot themselves in the foot," said Mustafa Alani, director of national security and terrorism studies at the Dubai-based Gulf Research Center. "It's one thing to test the market psychology, it's another to take the actual step and stop oil exports."
Iran, the second-largest oil producer within the Organization of Petroleum Exporting Countries, exports roughly 2.5 million barrels per day -- 1 million barrels more than current excess production capacity worldwide. It also controls the strategic Strait of Hormuz, a critical shipping lane in the Middle East.
"Even if Iran pulled a small amount of its oil off the market, say it pulled a half million barrels a day, I could see oil prices literally jumping over the $100 per barrel mark," said James Bartis, a senior researcher at Rand Corp.
But other oil analysts say prices would likely not climb much higher than $75 a barrel before strategic reserves would be released and demand would begin to taper off as economic activity slowed around the world.
So who would be hurt more? The United States and other nations say it would be Tehran and argue against succumbing to economic blackmail in any case. "We cannot be intimidated by economic threats from their side," Sen. Trent Lott, R-Miss, told CNN.
The U.S. Department of Energy estimates that oil exports finance about half of the Iranian government's budget. And while high oil prices have boosted the annual growth rate to about 5 percent, Iran has never really recovered from its 1980-1988 war against Iraq and trade restrictions on sensitive technologies. The Iran Nonproliferation Act, which the U.S. Congress passed in 2000, deters international support for Iran to develop nuclear, chemical and biological weapons programs and missile-delivery systems.
For weeks, Iran's state television has sought to show a people united behind the leadership, showing passer-by on Tehran city streets expressing their support for the country's strivings for nuclear independence.
Still, Alani of the Gulf Research Center questioned "whether the ordinary citizens will be willing to risk sanctions and endure a lot of suffering like the Iraqis suffered for 13 years" under U.N. sanctions.
Oil consuming nations, meanwhile, have at least one ace up their sleeves -- crude reserves. The United States and other members of the International Energy Agency have a combined 1.48 billion barrels of oil in their emergency stocks. That's equivalent to about 600 days of Iran's net oil exports of 2.4 million barrels per day.
OPEC might be able to add 1.5 million barrels per day to world production, mostly from Saudi Arabia. And oil analyst Fadel Gheit at Oppenheimer & Co. in New York said Russia might be able to crank up exports by about 500,000 barrels once its domestic home-heating demand eases.
Gregory L. Schulte, chief U.S. delegate to the International Atomic Energy Agency, accused Iran last week of deceiving the world about its atomic program, declaring that moves to haul it before the U.N. Security Council were meant to deny "the most deadly of weapons to the most dangerous of countries."
His comments were part of increasing international pressure on Iran since it removed seals from uranium enrichment equipment earlier in the month and said it would start small scale work on the process that can make both fuel and the fissile core of nuclear warheads.
"It's a very difficult situation where you don't know which side is going to blink first," said Leonard Spector, deputy director of the Monterey Institute of International Studies' Center for Nonproliferation Studies.
It's also not clear the United States could win a referral on sanctions at the Security Council, where members Russia and China are Iran's main allies. Both have strong economic and strategic ties to Iran, with China a large oil consumer and drilling partner and Russia a key supplier of arms and nuclear technology and services for what Tehran says is a peaceful program. Additionally, oil-rich Russia would benefit from higher prices and increased demand for its crude if Iran's oil were off the market.
Influential India, which imports 75 percent of the crude it consumes, some from Iran, is a wild card in the referral struggle.
It joined the U.S., Britain, France and Germany in September to back an IAEA resolution that set the stage for reporting Iran for violating the Nuclear Nonproliferation Treaty. But pressure is building on the Indian government not to vote against Iran when the 35-nation IAEA board meets Feb. 2 to consider actual referral.
"India must not allow itself to be dragooned into joining the Washington-led nuclear lynch mob against Iran," The Hindu, one of India's most influential newspapers, cautioned Thursday. "Aside from the lack of any legal basis for threatening Iran with sanctions, India should consider what the U.S. pressure on Tehran will do to international oil prices as well as to the overall security scenario in West Asia."
The United States and its allies are thought to have the majority behind them on any vote for referral. Still they would like to see India, China and Russia on board -- all three countries carry weight among other IAEA board nations, and Moscow and Beijing have a vote on the Security Council on what to do about Iran, once it is referred.
Associated Press Writers Alex Nicholson in Moscow, Constant Brand in Brussels, Laurence Frost in Paris, Nirmala George in New Delhi and Ali Akbar Dareini in Tehran contributed to this report. Brad Foss reported from Washington, George Jahn from Vienna, Austria.
OIL start UP 23-01-2006
1/23/2006 Session Overview
Last Open
High Open
Low High Low Most Recent
Settle Change
Mar 2006 68.66 68.45 68.45 68.73 68.35 68.48 0.18
April 2006 69.11 68.93 68.93 69.21 68.93 68.96 0.15
May 2006 69.45 0.00 0.00 69.45 69.28 69.29 0.16
June 2006 69.67 69.70 69.70 69.70 69.67 69.54 0.13
July 2006 69.80 0.00 0.00 69.80 69.80 69.74 0.06
Aug 2006 70.17 0.00 0.00 70.17 70.01 69.88 0.29
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15 Minute Intraday Chart (Delayed Data)
CL(15Min)
C=Last
OIL start UP 23-01-2006
1/23/2006 Session Overview
Last Open
High Open
Low High Low Most Recent
Settle Change
Mar 2006 68.66 68.45 68.45 68.73 68.35 68.48 0.18
April 2006 69.11 68.93 68.93 69.21 68.93 68.96 0.15
May 2006 69.45 0.00 0.00 69.45 69.28 69.29 0.16
June 2006 69.67 69.70 69.70 69.70 69.67 69.54 0.13
July 2006 69.80 0.00 0.00 69.80 69.80 69.74 0.06
Aug 2006 70.17 0.00 0.00 70.17 70.01 69.88 0.29
View all contract months, volume, and open interest
View real-time market data and charts
15 Minute Intraday Chart (Delayed Data)
CL(15Min)
C=Last
Margins view all
Non-Member Customer Initial through Jul 06: $4,725
Member Customer Initial through Jul 06: $3,850
Clearing Member and Customer Maintenance through Jul 06: $3,500
Quotes - H6
Last 68.66
Change 0.18
Previous 68.66
Most recent settle 68.48
High 68.73
Open Interest 296053
Low 68.35
Volume
Agree VALUE !!!