PrimeGen Energy Corp. (PGNE)

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PrimeGen Energy Corp (PGNE) plagiarized press releases



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Just like with the other companies involved in this ring of companies (SAEI, FDEI, SRGE, and CLBN) PrimeGen Energy Corp (PGNE) plagiarized it's management teams bios

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=58117977

and plagiarized many of it's press releases including reusing a press releases that was previously used by Southridge Enterprises Inc.

Interesting fact PrimeGen Energy Corp (PGNE) shared the same company address as Southridge Enterprises (SRGE)



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EXAMPLE #1

Nov 23, 2009 16:54 ET

http://www.marketwire.com/press-release/PrimeGen-Announces-Stock-Repurchase-Plan-for-Up-to-10-Million-1177114.htm

PrimeGen Announces Stock Repurchase Plan for Up to $10 Million

BRIDGEWATER, NJ--(Marketwire - November 23, 2009) - PrimeGen Energy Corp. (PINKSHEETS: PGNE) ("PrimeGen" or the "Company") today announced that its Board of Directors has approved a stock repurchase plan. The repurchase of up to $10,000,000 of the Company's common stock was authorized.

Robert Charlton, the Company's President, said, "We are very pleased to announce this repurchase program at a time when we believe our stock is undervalued and expect a benefit to shareholders with increased future earnings per share by reducing the number of shares outstanding. This program reflects the Board of Directors' continued confidence in the Company and commitment to enhance shareholder value. Our shareholders have been and continue to be our most important asset and rewarding them is a high priority.

"We have been astounded by the sharp decline in our share price over the past several months. Nevertheless, we believe PrimeGen's share price has become significantly undervalued. That view is based on our assessment of the oil & gas market over the next few years. Accordingly, we believe repurchasing shares at these prices represents an exceptional investment opportunity."

Acquisitions of stock under the repurchase plan will be made from time to time as permitted by securities laws and other legal requirements, and subject to market conditions and other factors. Shares may be purchased in the open market, including through block purchases. PrimeGen will not repurchase any shares from directors, officers or other affiliates of PrimeGen. Purchases will be funded by the revenue from the Timan-Pechora Project. Plan will continue as long as periodic management reviews it to be fiscally feasible and may be discontinued at any time.



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Nov 5, 2007 Southridge Enterprises press release:

http://www.einpresswire.com/article/9714-southridge-announces-stock-repurchase-plan-for-up-to-5-million

Southridge Announces Stock Repurchase Plan for up to $5 Million
Share |

DALLAS--Southridge Enterprises, Inc. (OTCBB:SORD) (the "Company") today announced that its Board of Directors has approved a stock repurchase plan. The repurchase of up to $5,000,000 of the Company's common stock was authorized.

Commenting, Alex Smid, the Company's President said, "We are very pleased to announce this repurchase program and believe it benefits shareholders at a time when we believe the stock is undervalued and increasing future earnings per share by reducing the number of shares outstanding. This program reflects the Board of Directors' continued confidence in the Company and commitment to enhance shareholder value. Our shareholders have and continue to be our most important asset and rewarding them is a high priority.

"We have been astounded by the sharp decline in our share price over the past year. The entire ethanol sector has traded down during the period. Nevertheless, we believe Southridge's share price has become significantly undervalued. That view is based on our assessment of the ethanol market over the next few years and its foreseeable recovery as ethanol margins return and supply & demand get back in balance. Accordingly, we believe repurchasing shares at these prices represents an exceptional investment opportunity."

Acquisitions of stock under the repurchase plan will be made from time to time as permitted by securities laws and other legal requirements, and subject to market conditions and other factors. Purchases will be funded by the company taking on equity or debt financing. Plan will continue as long as periodic management reviews it to be fiscally feasible and may be discontinued at any time.





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EXAMPLE #2

Nov 03, 2009 16:05 ET

http://www.marketwire.com/press-release/PrimeGen-Announces-Filing-Its-Disclosure-Statement-Pink-Sheets-OTC-Disclosure-News-Service-1172724.htm

PrimeGen Announces the Filing of Its Disclosure Statement to the Pink Sheets OTC Disclosure and News Service

BRIDGEWATER, NJ--(Marketwire - November 3, 2009) - PrimeGen Energy Corp. (PINKSHEETS: PGNE) ("PrimeGen" or the "Company") today announced the filing of its Initial Company Information and Disclosure Statement with the Pink Sheets OTC Disclosure and News Service as part of the reporting of its quarterly and annual financial information at www.pinksheets.com.

PrimeGen has submitted its annual and quarterly reports through the service and is fully up to date on its financial filings. With the Initial Company Information and Disclosure Statement posted, the company also posted a required attorney opinion letter to meet all the requirements necessary to be placed in the "Current Information" classification. The Current Information designation falls in the "Transparent" category as defined by the Pink Sheets. Pink OTC Markets Inc. provides the leading inter-dealer electronic quotation and trading system in the over-the-counter (OTC) securities market.

The Initial Company Information and Disclosure Statement includes details of the company's history, its current share structure, financial information, and management's plan of operation.

"While this filing is just part of the process of achieving 'Current Information' status, it contains information that we believe is of interest to our shareholders," Robert Charlton, CEO of PrimeGen Energy Corp.


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March 31, 2009 S3 Investment press release:

http://newsblaze.com/story/2009033106485500004.mwir/topstory.html

S3 Investment Company Announces Filing With OTC Disclosure Service

S3 Investment Company, Inc. (PINKSHEETS: SIVC) today announced the filing of its Initial Company Information and Disclosure Statement with the Pink Sheets OTC Disclosure and News Service as part of the reporting of its quarterly and annual financial information at www.pinksheets.com.

S3 has submitted its annual and quarterly reports through the service and is fully up to date on its financial filings. With the Initial Company Information and Disclosure Statement posted, the company is preparing to submit a signed attorney letter agreement and post a required attorney opinion letter to meet all the requirements necessary to be placed in the "Current Information" classification. The Current Information designation falls in the "Transparent" category as defined by the Pink Sheets. Pink OTC Markets Inc. provides the leading inter-dealer electronic quotation and trading system in the over-the-counter (OTC) securities market.

The Initial Company Information and Disclosure Statement includes details of the company's history, its current share structure, financial information, and management's plan of operation. An exhibit to the statement provides information regarding S3's wholly owned Redwood Capital subsidiary, including its China merchant banking credentials, successfully completed China deals by Redwood and its team, and professional affiliations with top leading legal and auditing firms.

"While this filing is just part of the process of achieving 'Current Information' status, it contains information that we believe is of interest to our shareholders," Jim Bickel, CEO of S3 Investments, Inc.





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EXAMPLE #3

Nov 04, 2009 07:00 ET

http://www.marketwire.com/press-release/PrimeGen-Awarded-Layevozhskoye-License-in-Russia-1172728.htm

PrimeGen Awarded Layevozhskoye License in Russia

BRIDGEWATER, NJ--(Marketwire - November 4, 2009) - PrimeGen Energy Corp. (PINKSHEETS: PGNE) ("PrimeGen" or the "Company") announced today that its wholly owned Russian subsidiary OOO Verkhne Michayu Group ("Verkhne") has been awarded the Layevozhskoye oil and gas exploration license in the Baltic Basin in Western Russia.

The vast majority of the area of the Baltic basin is under license or under application by numerous domestic and international companies. This award therefore gives PrimeGen access to a highly desirable region, during a period of considerable competition. The concession totaling 2065.32 km2 is located in the Baltic Basin western Russia including portions of license blocks 36, 45, 46, 73 and 74.

The License is valid for up to 10 years and covers a work program which includes geological studies, seismic acquisition and a one well drilling obligation. If a discovery is made the term extends to 25 years with an additional 25 years, if required.

The primary reason for applying for this license is the high potential of the Paleozoic shales that could lead to a commercial shale gas development similar to the Barnett Shale in the United States. In addition, PrimeGen believes that while testing the shale gas potential of the area there are conventional oil targets above and below the shale intervals further reducing the risk of exploration.

Robert Charlton, CEO of PrimeGen commented, "We are excited to expand our portfolio in Russia into the underexplored Baltic Basin. There is a potentially significant unconventional gas play in the Paleozoic shales that we believe will unlock an overlooked high potential play in the wider region. We also believe there is significant potential that has been overlooked in several conventional targets on the license."

In the initial exploration phase, an environmental study is planned to be carried out. Taking account of 2D material already available, a 3D seismic test is then to be conducted across an area 500 square kilometers in size. In addition, an exploration well is to be drilled once the seismic testing has been completed.



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July 2, 2009 San Leon Press Release:

http://www.scandoil.com/moxie-bm2/news/san-leon-bags-braniewo-license-onshore-poland.shtml

San Leon bags Braniewo license onshore Poland

Published Jul 2, 2009

San Leon's wholly owned Polish subsidiary Oculis Investments Sp. z o.o. (Oculis) has been awarded the Braniewo oil and gas exploration license in the Baltic Basin onshore northern Poland.

The vast majority of the onshore area of the Baltic basin is under license or under application by numerous domestic and international players. This award therefore gives San Leon access to a highly desirable region, during a period of considerable competition.

The concession totaling 1042.69 km2 is located in the Baltic Basin onshore northern Poland including portions of license blocks 52, 72, 73, 92 and 93.

The License is valid for up to 5 years and covers a work program which includes geological studies, seismic acquisition and a one well drilling obligation. If a discovery is made the term extends to 30 years with an additional 30 years, if required.

The primary reason for applying for this licence is the high potential of the Paleozoic shales that could lead to a commercial shale gas development akin to the Barnett Shale in the USA. In addition, San Leon believes that while testing the shale gas potential of the area there are conventional oil targets above and below the shale intervals further reducing the risk of exploration.

Philip Thompson, CEO of San Leon said, "We are excited to expand our portfolio in Poland into the underexplored Baltic Basin. There is a potentially significant unconventional gas play in the Palaeozoic shales that we believe will unlock an overlooked high potential play in the wider region. We also believe there is significant potential that has been overlooked in several conventional targets on the license."





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EXAMPLE #4

Nov 09, 2009 16:00 ET

http://www.marketwire.com/press-release/PrimeGen-Energy-Rodnikovskogo-Project-Drilling-to-Commence-1173941.htm

PrimeGen Energy Rodnikovskogo Project Drilling to Commence

BRIDGEWATER, NJ--(Marketwire - November 9, 2009) - PrimeGen Energy Corp. (PINKSHEETS: PGNE) ("PrimeGen" or the "Company") wishes to advise that as part of the recent previously announced acquisition on March 31, 2009, of a 100% interest regarding an oil and gas project in Rodnikovskogo, Russia, the operator, Seneko, has notified PrimeGen of their mobilization of equipment for the commencement of drilling within the participatory lands.

The well has been titled as the "Rod 10-21" and is scheduled for immediate drilling with preliminary results anticipated within one week from commencement. The operator has advised that the equipment is currently on its way to the targeted location and drilling will begin shortly.

The property is located in the Krasnoarmeiskome District, Saratovskoi Oblast in Russia, one of the most significant oil and gas regions in the country with advanced infrastructure and more than 60 years of oil and gas production history. Saratov lies in the European part of Russia and borders Kazakhstan, the largest oil producing country in Central Asia. The property covers an expansive area of approximately 250 sq. km.

Continuing 3D seismic data collection and analysis of the property is scheduled for 2010 and will be running concurrently with the drilling program. Several additional high potential drill targets have already been identified and will be further defined and evaluated for feasibility during the next phase of work on the property. The license is within a highly prospective region with existing oil production on adjacent licenses and the super-giant THK-BP gas field.



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April 26, 2009 Galloway Energy Press Release:

http://www.energy-pedia.com/article.aspx?articleid=134842

US: Galloway Energy begins West Texas drilling project

26 Apr 2009

Galloway Energy Inc has advised that as part of the recently announced participation agreement regarding a gas producing project in West Texas, the operator has updated Galloway of their mobilization of equipment for the commencement of drilling within the participatory lands.

The new well is located adjacent to the town of Ozona in Crockett County, Texas. The well has been titled as the "Adams Feed" and is scheduled for immediate drilling with preliminary results anticipated within one week from commencement. The operator has advised that drill equipment is currently on its way to the prospect and drilling will begin shortly.


March 23, 2009 Crown Press Release:

http://www.scandoil.com/moxie-bm2/news/crown-finalizes-langford-russian-acquisition.shtml

Langford holds, through its subsidiaries, exploration and development licenses for the Tereshkinsky, Kikinsko-Gusikhinsky and Krasnoarmeisky-2 properties. The properties are located in the Saratov region of Russia, one of the major oil and gas regions in the country with advanced infrastructure and more than 60 years history of oil and gas production. Saratov lies in the European part of Russia on the border with Kazakhstan, the largest oil producing country in Central Asia. The three properties combined total approximately 500,000 acres. Continuing seismic work and analysis is scheduled for 2009 followed by exploration drilling.





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EXAMPLE #5

Nov 16, 2009 16:00 ET

http://www.marketwire.com/press-release/PrimeGen-Energy-Initial-Production-Timan-Pechora-Kochmesskoye-No-7-Well-Averages-1442-1175549.htm

PrimeGen Energy -- Initial Production at Timan-Pechora Kochmesskoye No. 7 Well Averages 1,442 Barrels per Day

BRIDGEWATER, NJ--(Marketwire - November 16, 2009) - PrimeGen Energy Corp. (PINKSHEETS: PGNE) ("PrimeGen" or the "Company") today announces the initial production for the Kochmesskoye # 7 well at Timan-Pechora, Russia. The well commenced commercial oil production on October 26, 2009, and the Company has received production results for the first 20 days. Total oil produced and sold was 28,840 barrels with an average daily production rate of 1,442 barrels per day.

"The Kochmesskoye # 7 well is the seventh of a multi-well program drilled at Timan-Pechora by PrimeGen. The 2009-10 development program calls for the drilling of a minimum of 30 wells to develop the field. When fully developed, the 30 wells could yield a daily production rate at Timan-Pechora of 35,000 barrels per day. The fourth well of the project was drilled and completed on August 24, 2009, and resulted in setting a new production record for the field of 1,670 barrels of oil per day. In addition, well numbers 1 through 6 are producing at full capacity.

Using current pricing for Timan-Pechora crude oil, PrimeGen has confirmed that the new well alone has generated $2.0 million in revenue or a projected $36.8 million per year. Currently, oil at Timan-Pechora has been priced at over $70.00 per barrel.


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Apr 04, 2005 March Production Press Release

http://investorshub.advfn.com/boards/post_new.aspx?board_id=9150

March Production at Joarcam 13-27 Well Totals 1414 Barrels Oil -- Initial Production Averages 49 Barrels per Day

LOS ANGELES, CA -- (MARKET WIRE) -- April 4, 2005 -- Silver Star Energy, Inc. (OTC BB: SVSE) today announces the March production for the 13-27 well at Joarcam, Alberta. The well commenced commercial oil production on March 1, 2005, and the Company has received production results for the first 29 days. Total oil produced and shipped for sale was 1414 barrels with an average daily production rate of 49 barrels per day.

The 13-27 well is the first of a multi-well program drilled at Joarcam by Silver Star. The 2005 development program calls for the drilling of a minimum of 10 wells to develop the field. The Company has previously announced that the 5-22 well is ready to drill as soon as conditions allow following spring breakup in Alberta. When fully developed, the 10 wells should give a daily production rate at Joarcam of 500 barrels per day.

Using current "West Edmonton Light" pricing for Joarcam light crude oil, Silver Star has now projected that the well has generated $80,600 in revenue or $967,000 per year and will payout its entire cost in 7 months. The long-life reserves in the Viking allow wells to be in commercial production for 20 years. Currently, the 38-degree API light oil at Joarcam has been priced at over $57.00 per barrel ($67.00 CDN). The prospect lands are located about 25 miles southeast of Edmonton, Alberta and there is year-round access to the property.





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They repeat basically the same statements in several press releases so I didn't see the point of posting some of the same plagiarisms over and over again