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Posts Tagged ‘oil production’

Holloman Energy Takes Next Steps in Cooper Exploration

Wednesday, July 20th, 2011

 

 

HOUSTON, (CRWENEWSWIRE) — Holloman Energy Corporation (OTCBB:HENC) updates its shareholders and other interested parties regarding progress in its exploration of the Cooper Basin. On May 11, 2011, Holloman accepted the terms of a preliminary farm-out agreement with Brandenburg Metals Corp. through which Brandenburg can earn a working interest in Holloman’s PEL 112 and PEL 444 licenses upon meeting certain milestones. On June 23, 2011, Brandenburg deposited CAD$600,000 in escrow with Holloman in satisfaction of its second and third payments under that agreement. Holloman expects to execute a final and definitive farm-out agreement with Brandenburg shortly.

Holloman also announced it has approved budgets and initiated first steps in Work Area Clearance (”WAC”) on PEL 112. WAC is the first step in Holloman’s acquisition of approximately 125 square kilometers of 3D seismic data on PEL 112. WAC fieldwork is anticipated to begin in late July or early August 2011.

“The timing of WAC supports our exploration timetable,” stated Mark Stevenson, Holloman CEO. “We began solicitation of bids for 3D seismic in May and expect to award that contract within the next few weeks. The completion of WAC in the timeframe anticipated allows us to select the most advantageous schedule for seismic fieldwork to support our drilling plans.”

The general terms of Holloman’s farm-out include Brandenburg’s funding of new 3D seismic and a multiple well drilling program on PEL 112 and PEL 444. In connection with the farm-out opportunity, Holloman has also entered into a participation agreement under which all current working interest holders in the licenses will contribute a portion of their working interest in satisfaction of the 44% working interest which may be earned by Brandenburg. Holloman anticipates it will retain a 40% working interest in its licenses.

Both the farm-out transaction and the participation agreement are subject to a number of conditions including certain approvals, and the execution of definitive agreements.

About Holloman Energy

Holloman Energy Corporation is focused on exploring and producing oil in Australia’s Cooper Basin. Holloman’s Cooper Basin leases include interests in PEL 112 and PEL 444 which comprise 4,544 Sq km (1.125 million acres) in the southwest and northwest sectors of Australia’s prolific Cooper — Eromanga Basin.

Forward-Looking Statements: This press release includes forward-looking statements as determined by the U.S. Securities and Exchange Commission (the “SEC”). All statements, other than statements of historical facts, included in this press release that address activities, events, or developments that Holloman Energy Corporation (the “Company”) believes or anticipates will or may occur in the future are forward-looking statements. Such forward-looking statements involve known and unknown risks, uncertainties and other factors, which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include general economic and business conditions, the ability to acquire and develop specific projects, the ability to fund operations and changes in consumer and business consumption habits and other factors over which the Company has little or no control. The Company does not intend (and is not obligated) to publicly update any forward-looking statements. The contents of this press release should be considered in conjunction with the warnings and cautionary statements contained in the Company’s recent filings with the SEC.

ON BEHALF OF THE BOARD OF DIRECTORS

Holloman Energy Corporation

http://www.hollomanenergy.com

Source: Holloman Energy Corporation

Contact:

Holloman Energy Corporation
Grant Petersen
(778) 999-9740

 

 

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THIS IS NOT A RECOMMENDATION TO BUY OR SELL ANY SECURITY!

Disclaimer: Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment. CRWENewswire.com publisher and its affiliates and contractors are not registered investment advisers or broker/dealers. Our disclaimer is to be read and fully understood before using our site, reading our newsletter or joining our email list. Release of Liability: Through use of this website viewing or using, you agree to hold CRWENewswire.com report and Crown Equity Holdings Inc. CRWE, its operators, shareholders, employees and/or contractors harmless and to completely release them from any and all liability due to any and all loss (monetary or otherwise), damages (monetary or otherwise) that you may occur. (Read more at http://crwenewswire.com/disclaimer). Rule 17B requires disclosure of payment for investor relations. Crown Equity Holdings Inc. (CRWE.OB) is a newswire as well as an IR and PR firm. Crown Equity Holdings Inc. (CRWE.OB), in some cases, provides media advertising and public awareness for both public and private companies, as well as disseminating news. As such, in some cases, when Crown Equity Holdings Inc. (CRWE.OB) advertises for a particular client, Crown Equity Holdings Inc. (CRWE.OB) charges an advertising fee which it must disclose under 17B. The fee may be in cash, in free trading stock or in restricted stock. Crown Equity Holdings Inc. (CRWE.OB), if paid in stock, can and may sell those securities during the advertising period.

 
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BMTI, PPWE, CRWE, CMED, ROME - Stock Review from DrStockPick.com

Wednesday, February 16th, 2011

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BioMimetic Therapeutics Inc. (Nasdaq:BMTI) announced its schedule of events during the American Academy of Orthopedic Surgeons (AAOS) Annual Meeting being held in San Diego, CA beginning February 16, 2011. BioMimetic’s exhibit booth (#5541) will be located in Hall H of the San Diego Convention Center. Exhibit hours are 9:00 a.m. – 5:00 p.m. PST from February 16 – February 19. Company management will be available to answer product development questions and will host investor meetings at the exhibit booth. Please contact BioMimetic’s corporate communications department for scheduling information.

BioMimetic Therapeutics, Inc., a biotechnology company, engages in the development and commercialization of regenerative protein therapeutic-device combination products for the treatment of musculoskeletal injuries and conditions affecting bones, tendons, ligaments, and cartilage.

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Concurrently to the management restructuring, Proper Power & Energy, Inc. (OTCBB:PPWE) has entered into a strategic alliance with Douglas Kiggins, founder of Mayo Energy Partners. Mr. Kiggins will assist Mr. Kacic in the development of Proper Power & Energy’s Utah asset, with the target goal of drilling the first exploratory well in Utah by third Quarter 2011. Mr. Kiggins has participated in the drilling and development of over 250 oil and gas wells in Texas, Oklahoma and Colorado, with the deepest well reaching a total depth over 21,000 feet. Proper Power & Energy recently released that it has restructured its executive management team and entered into a strategic alliance. Andrew J. Kacic will replace Joseph Abdo as President of Proper Power & Energy.

Mr. Kacic brings more than 32 years of progressive experience as a chief executive in oil and gas, investment banking, insurance services and public securities. Mr. Kacic was the founder and president of American Resources of Delaware, Inc. and its subsidiary Southern Gas Company, successfully taking assets from $220,000 to more than $40 million in less than 4 years. Mr. Abdo will remain the Chief Executive Officer and Chairman of the Board.Proper Power & Energy is an independent exploration and production company. Proper Power & Energy’s operations are in Kentucky, which provides for low risk developmental drilling and production, and Utah, which Proper Power & Energy controls over 11,000 acres for its exploratory prospect. Renowned geophysicist and consultant to Proper Power & Energy, Robert Dunbar, believes the Utah prospect could hold up to one billion barrels of recoverable oil.

The performance of other wells in the area is another good indicator of the potential returns. If the other wells in the area are doing well either with your operator or others, then this should provide some level of comfort with the wells being proposed. Most producers will be familiar with how well others wells in the area are performing. As a side note, investors should not forget to take into account the tax benefits which will be derived from the investment. Of course the particular tax aspects vary according to an investors particular tax circumstance and investors should consult with their tax advisors on what these benefits may be.

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Crown Equity Holdings Inc. (OTCBB:CRWE) recently released that Crown Equity Holdings Inc. is expanding its business by opening another office in Pakistan. This office will be located in the city of Attock, Pakistan. This office will add an additional workforce of 25 associates to its CRWENewswire team, which will increase Crown Equity Holdings’ up to date news and world affairs from the Mid-East, Far East and Europe online news wires. Once facts are included with a Web site, it’s automatically intended for browsing by countless Internet surfers. The internet is an ideal medium of knowledge distribution as it takes away the time lag related to publishing content and also making it open right away to end users.

The new office in the city of Attock, as well as the office in Islamabad, will be managed by Zeeshan Shabbir. Crown Equity Holdings is in the process of developing its Arabic language CRWENewswire site for news occurring in Pakistan and elsewhere around the world. Crown Equity Holdings Inc. reported in June of 2010 its 1- 10 forward stock split, as well as in August 2010 announcing that Crown Equity Holdings Inc. had surpassed One Million dollars (1,000,000) in sales.

“As always, I am thrilled to increase our team of correspondents to offer our readerships a global perspective on top stories.” said Kenneth Bosket, President of Crown Equity Holdings Inc.

Crown Equity Holdings Inc. is utilizing today’s technology to advertise, promote and market public companies globally. Crown Equity Holdings’ proprietary network technology allows their publishing department to get their content to millions of readers daily across the world. Crown Equity Holdings Inc. publishes financial content to all the major countries and covers all the accredited stock exchanges. The goal is to have all Crown Equity Holdings’ clients’ press releases, articles and news content published in every major financial country’s native language.

In addition to Crown Equity Holdings Inc. offering “I/R” service, Crown Equity Holdings Inc. has a dedicated in-house advertising server, allowing for faster response and a wider variety of ad space offerings to those interested in advertising on their numerous internet and affiliate internet properties.

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China Medical Technologies Inc. (Nasdaq:CMED) announced that it will report its unaudited financial results for the third fiscal quarter ended December 31, 2010 before the U.S. market opens on February 18, 2011. The Company’s 2010 fiscal year ends on March 31, 2011. The Company’s senior management will host an earnings conference call at 8:00 a.m. U.S. Eastern Time on February 18, 2011 (9:00 p.m. Beijing/Hong Kong time on February 18, 2011). The dial-in details for the live conference call are as follows: U.S. Toll Free Number 1-866-783-2141, International Dial-in Number 1-857-350-1600. Passcode: CMEDCALL.

China Medical Technologies, Inc., a medical device company, develops, manufactures, and markets advanced immunodiagnostic and molecular diagnostic products primarily in the Peoples Republic of China.

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Rome Bancorp Inc. (Nasdaq:ROME) announced the Company’s results of operations for the year and three month period ended December 31, 2010 (unaudited). Net income for the Company for the twelve month period ended December 31, 2010 decreased to $2.3 million, or $0.35 per diluted share, compared to $3.1 million or $0.47 per diluted share for 2009. Earnings for the year were negatively impacted by an increase in the provision for loan losses of $1.5 million and an increase in non-interest expense of $1.2 million, which were partially offset by increases in net interest income before the provision for loan losses and non-interest income of $629,000 and $828,000, respectively, and a decrease in income tax expense of $385,000.

Rome Bancorp, Inc. operates as the holding company for The Rome Savings Bank that provides community banking services for individuals and small-to medium-sized businesses.

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drstbc

THIS IS NOT A RECOMMENDATION TO BUY OR SELL ANY SECURITY!

Disclaimer: Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment. DrStockPick.com publisher and its affiliates and contractors are not registered investment advisers or broker/dealers. Our disclaimer is to be read and fully understood before using our site, reading our newsletter or joining our email list. Release of Liability: Through use of this website viewing or using, you agree to hold DrStockPick.com report and Crown Equity Holdings Inc. CRWE, its operators, shareholders, employees and/or contractors harmless and to completely release them from any and all liability due to any and all loss (monetary or otherwise), damages (monetary or otherwise) that you may occur. (Read more at http://drstockpick.com/disclaimer) .Rule 17B requires disclosure of payment for investor relations. Crown Equity Holdings, Inc. (CRWE.OB) is a newswire as well as an IR and PR firm. Crown Equity Holdings Inc. (CRWE.OB), in some cases, provides media advertising and public awareness for both public and private companies, as well as disseminating news. As such, in some cases, when Crown Equity Holdings Inc. (CRWE.OB) advertises for a particular client, Crown Equity Holdings Inc. (CRWE.OB) charges an advertising fee which it must disclose under 17B. The fee may be in cash, in free trading stock or in restricted stock. Crown Equity Holdings Inc. (CRWE.OB), if paid in stock, can and may sell those securities during the advertising period. Crown Equity Holdings Inc. (CRWE.OB) received 1,000,000 shares of free trading shares from a third party (Mohamad Nehmeh) for two (2) weeks of advertisement services for Proper Power & Energy, Inc. (PPWE.OB).

 
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HLF, MUR, PPWE, PWRM, WSM - Stock News from DrStockPick.com

Sunday, February 6th, 2011

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Herbalife Ltd. (NYSE:HLF) will release its fourth quarter and full year 2010 financial results after the close of trading on the NYSE on Tuesday, February 22. The following day, Wednesday, February 23 at 8 a.m. PT (11 a.m. ET), Herbalife’s senior management team will host an investor conference call to discuss its recent financial results and provide an update on current business trends. The dial-in number for this conference call for domestic callers is (866) 903 - 5314 and (706) 634–5671 for international callers (conference ID 82536023).

Herbalife Ltd., a network marketing company, sells weight management, nutritional supplement, energy, sports and fitness, and personal care products worldwide.

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Murphy Oil Corporation (NYSE:MUR) announced that net income in the fourth quarter of 2010 was $174.1 million ($0.90 per diluted share), compared to net income of $318.8 million ($1.65 per diluted share) in the fourth quarter 2009. Although there were no significant unusual items in the fourth quarter of 2010, the 2009 fourth quarter was affected by several unusual items, including a $185.3 million after-tax benefit (with associated interest thereon) related to a recovery of deepwater federal royalties previously paid for certain oil and gas properties in the deepwater Gulf of Mexico. The 2009 fourth quarter also included a $31.3 million after-tax charge for reduction of the Company’s working interest in the Terra Nova field, offshore Eastern Canada.

Murphy Oil Corporation engages in the exploration and production of oil and gas properties worldwide. It explores for and produces crude oil, natural gas, natural gas liquids, condensate, and synthetic oil.

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Proper Power & Energy, Inc. (OTCBB:PPWE) has received an extensive written proposal from Hunter Resources that includes the acquisition of leased land in Eastern Kentucky. The new field currently consists of approximately 1800 acres of land, primarily gas with good potential for crude as well. The acquisition will include nine existing wells with plans to drill additional horizontal wells. Proper Power & Energy revealed that it will issue a letter of intent to proceed with the acquisition of additional oil and gas leases in Kentucky. Preliminary engineering reports demonstrate the existence of approximately 32 million dollars of natural gas. The project will allow for the expansion into a total of 5,000 acres in the future. Proper Power & Energy was formed in 2006 as an exploration and production company for oil and gas.

The organization is committed to utilizing a very dynamic system of research and testing, and as a result of this extensive research and testing, have selected several sites with very good to excellent potential for productivity. The up and down, rise and fall in gasoline and diesel prices over the last few of years shows the changes in the cost of crude oil. Those changes are decided in the global crude oil market by the worldwide need for and supply of crude oil. Weak economic conditions in the U.S. and all over the world in 2008 and into 2009 led to a weaker demand which helped knock prices down. Now, with the worldwide economic recovery, demand is rising again and is helping to catapult prices higher. In addition to economic advancement, crude and product prices relate to a plethora of other factors including weather events, geopolitical risks, inventories, exchange rates, and spare capacity.

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power3

Power3 Medical Products, Inc. (OTCBB:PWRM) is a party to several litigation matters, most of which relate to various toxic debt instruments that were entered into by Power3 several years ago when it operated under the tenure of Chairman and CEO, Steven B. Rash. Because current management believes these toxic debt instruments are responsible for Power3’s depressed stock price and have distracted Power3 from its mission, Power3 plans to settle as many of these nagging lawsuits as possible prior to the completion of its merger with Rozetta-Cell Life Sciences, Inc.

As for those lawsuits that cannot be speedily resolved, Power3 will continue to rigorously defend its position. Power3 recently announced that company management believes it is making great progress in its focus on the development, sales, and marketing of its proprietary innovate diagnostic tests for breast cancer, pancreatic cancer, ovarian cancer, colon cancer, and certain neurodegenerative diseases, such as Alzheimer’s and Parkinson’s, to name a few. Power3 Medical Products, Inc. is a leading bio-technology company focused on the development of innovative diagnostic tests in the fields of cancer and neurodegenerative diseases such as Alzheimer’s disease, Parkinson’s disease and amyotrophic lateral sclerosis (commonly known as ALS or Lou Gehrig’s disease). Power3 applies proprietary methodologies to discover and identify protein biomarkers associated with diseases.

Through these processes, Power3 has developed a portfolio of products including BC-SeraPro™, a proteomic blood serum test for the early detection of breast cancer for which it has completed Phase I clinical trials, and NuroPro®, a proteomic blood serum test for the detection of neurodegenerative diseases, including Alzheimer’s, Parkinson’s, and ALS diseases, for which it is currently engaged in Phase II clinical trials.

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Williams-Sonoma Inc. (NYSE:WSM) announced that it has completed the $65 million stock repurchase program approved in September 2010 and that its Board of Directors has authorized a new $125 million stock repurchase program. Adrian Bellamy, Chairman of the Board of Directors, commented, we were pleased to announce that our Board has authorized a new $125 million common stock repurchase program to follow the $65 million program that we just completed. This new $125 million stock repurchase program reflects the Board’s continuing objective to offset dilution from our equity compensation programs on an ongoing basis and to further return excess cash to shareholders. We anticipate completing this program by the end of our current fiscal year in January 2012.

Williams-Sonoma, Inc. operates as a specialty retailer of home products. It offers culinary and serving equipment, including cookware, cookbooks, cutlery, informal dinnerware, glassware, table linens, specialty foods, and cooking ingredients; and bridal and gift items under the Williams-Sonoma brand name.

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drstbc

THIS IS NOT A RECOMMENDATION TO BUY OR SELL ANY SECURITY!

Disclaimer: Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment. DrStockPick.com publisher and its affiliates and contractors are not registered investment advisers or broker/dealers. Our disclaimer is to be read and fully understood before using our site, reading our newsletter or joining our email list. Release of Liability: Through use of this website viewing or using, you agree to hold DrStockPick.com report and Crown Equity Holdings Inc. CRWE, its operators, shareholders, employees and/or contractors harmless and to completely release them from any and all liability due to any and all loss (monetary or otherwise), damages (monetary or otherwise) that you may occur. (Read more at http://drstockpick.com/disclaimer) .Rule 17B requires disclosure of payment for investor relations. Crown Equity Holdings, Inc. (CRWE.OB) is a newswire as well as an IR and PR firm. Crown Equity Holdings Inc. (CRWE.OB), in some cases, provides media advertising and public awareness for both public and private companies, as well as disseminating news. As such, in some cases, when Crown Equity Holdings Inc. (CRWE.OB) advertises for a particular client, Crown Equity Holdings Inc. (CRWE.OB) charges an advertising fee which it must disclose under 17B. The fee may be in cash, in free trading stock or in restricted stock. Crown Equity Holdings Inc. (CRWE.OB), if paid in stock, can and may sell those securities during the advertising period. Crown Equity Holdings Inc. (CRWE.OB) received 1,000,000 shares of free trading shares from a third party (Mohamad Nehmeh) for two (2) weeks of advertisement services for Proper Power & Energy, Inc. (PPWE.OB). Crown Equity Holdings Inc. (CRWE.OB) has received 1,000,000 shares 144 restricted stocks for IT department services and 2,000,000 shares (free trade) for 12 months of video production from Power 3 Medical Products Inc. (PWRM.OB).

 
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PPWE, GCBC, SHLM, NXPI - PennyOtcStock.com Stock Highlight!

Sunday, January 23rd, 2011

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Proper Power & Energy, Inc. (OTCBB:PPWE) disclosed that its wholly owned subsidiary, American Resources, Inc., has begun production on its 87.5 acres in Western Kentucky. American Resources, Inc. has completed the re-work on all 4 wells, with those wells online and pumping. It is a generally known fact that the United States has been importing oil since the 1970’s because oil production at home cannot meet the sky-rocketing demands of our consumption.

According to the 2009 yearly average, the U.S. Crude Oil is devouring around 21 million barrels a day and U.S. production is approximately around 5 million. Why are things increasing so rapidly? Why are resources running out at such a high acceleration? There is no easy answer but all of it is very much related to one single idea: a great number of growth. Proper Power & Energy is an independent exploration and production company. Proper Power & Energy’s operations are in Kentucky, which provides for low risk developmental drilling and production, and Utah, which Proper Power & Energy controls over 11,000 acres for its exploratory prospect.

Renowned geophysicist and consultant to Proper Power & Energy, Robert Dunbar, believes the Utah prospect could hold up to one billion barrels of recoverable oil. Typically the sponsor will have geological or engineering work done on the prospects. Investors will want to ask for a copy of these reports and gain an understanding of the potential of the reserves of the prospect. These reports may be difficult to understand for someone who doesn’t have the proper understanding of geology and engineering. As a result, an investor may want to have an advisor who can help interpret the findings. However approaching the geological and engineering information with a little common sense and research and in context of some of the other cursory inquiries mentioned within, the investor may have enough comfort level with the prospect.

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Greene County Bancorp, Inc. (Nasdaq:GCBC) announced that its Board of Directors has approved the continuation of the Company’s regular quarterly cash dividend of $0.175 per share. The dividend reflects an annual cash dividend rate of $0.70 per share. The quarterly cash dividend will be paid to shareholders of record as of February 15, 2011. The $0.175 per share quarterly dividend will be payable on March 1, 2011.

Greene County Bancorp, Inc. is the direct and indirect holding company, respectively, for The Bank of Greene County, a federally-chartered thrift, and Greene County Commercial Bank, a New York-chartered commercial bank, both headquartered in Catskill, New York.

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A. Schulman, Inc. (Nasdaq:SHLM) announced that it has named Sanja Valentic as Manager of Corporate Marketing and Business Development, effective immediately. Valentic will be responsible for planning and directing marketing initiatives for A. Schulman’s products and services. She will report to Paul Boulier, Vice President and Chief Marketing Officer.

Headquartered in Akron, Ohio, A. Schulman is a leading international supplier of high-performance plastic compounds and resins. These materials are used in a variety of consumer, industrial, automotive and packaging applications.

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NXP Semiconductors NV (Nasdaq:NXPI) announced that its CGV™ series of JESD204A-compliant data converters are now interoperable with Nujira’s OpenET envelope tracking (ET) and digital pre-distortion (DPD) solutions. Nujira is a leader in commercial-grade envelope tracking modulators for 3G and 4G wireless infrastructure applications, and is the founder of the OpenET Alliance.

NXP Semiconductors N.V. provides High Performance Mixed Signal and Standard Product solutions that leverage its leading RF, Analog, Power Management, Interface, Security and Digital Processing expertise.

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drstbc

THIS IS NOT A RECOMMENDATION TO BUY OR SELL ANY SECURITY!

Disclaimer: Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment. DrStockPick.com publisher and its affiliates and contractors are not registered investment advisers or broker/dealers. Our disclaimer is to be read and fully understood before using our site, reading our newsletter or joining our email list. Release of Liability: Through use of this website viewing or using, you agree to hold DrStockPick.com report and Crown Equity Holdings Inc. CRWE, its operators, shareholders, employees and/or contractors harmless and to completely release them from any and all liability due to any and all loss (monetary or otherwise), damages (monetary or otherwise) that you may occur. (Read more at http://drstockpick.com/disclaimer) .Rule 17B requires disclosure of payment for investor relations. Crown Equity Holdings, Inc. (CRWE.OB) is a newswire as well as an IR and PR firm. Crown Equity Holdings Inc. (CRWE.OB), in some cases, provides media advertising and public awareness for both public and private companies, as well as disseminating news. As such, in some cases, when Crown Equity Holdings Inc. (CRWE.OB) advertises for a particular client, Crown Equity Holdings Inc. (CRWE.OB) charges an advertising fee which it must disclose under 17B. The fee may be in cash, in free trading stock or in restricted stock. Crown Equity Holdings Inc. (CRWE.OB), if paid in stock, can and may sell those securities during the advertising period. Crown Equity Holdings Inc. (CRWE.OB) anticipates receiving 1,000,000 shares of free trading shares from a third party (Mohamad Nehmeh) for two (2) weeks of advertisement services for Proper Power & Energy, Inc. (PPWE.OB).

 
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GKNT, PPWE, SPAN, KTEC - Stock Watch from DrStockPick.com

Sunday, January 23rd, 2011

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Geeknet, Inc. (Nasdaq:GKNT) announced a new upgrade for the white-hot tablet gaming market. The JOYSTICK-ITTM Arcade Stick is a solid aluminum joystick that attaches to any tablet gaming device to provide precision control of touch screen games.”Out of the box, the JOYSTICK-IT works with thousands of different game apps,” says Ty Liotta, head of ThinkGeek product development. “We chose to use solid-milled aluminum because it was lightweight but also provided the most realistic arcade gaming feel.”

ThinkGeek is the premier retailer for the global geek community. A wholly owned subsidiary of Geeknet, Inc., ThinkGeek was founded in 1999 to serve the distinct needs and interests of technology professionals and enthusiasts.

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Proper Power & Energy, Inc. (OTCBB:PPWE) released that it has formed a wholly owned subsidiary to operate its acquisition of 87.5 acres of land in Kentucky. The filing follows the execution of an agreement of understanding with Hunter Resources Inc., a Colorado corporation, that details the substructure of the agreements. The subsidiary will be managed by Andrew Kacic, former President of American Resources Inc., who will also serve as Chairman of the Board of Directors of the subsidiary. Two current members of the Board of Proper Power will serve on the Board of the subsidiary. Development wells are wells drilled in areas of known reserves. As a result, the risks involved are considerably lower.

Typically with developmental wells the risk is not geological (e.g. whether natural gas or oil will be found), but mechanical risks. Mechanical risks are things that may go wrong in the drilling process, like a section of pipe is dropped down the hole which then has to be ‘fished’ out. However over the past decade or so, with advances in technology, the mechanical risks have dropped considerably. As a result, with most wells drilled being developmental wells and advances in technology, the successful completion rate of wells today has been reported to be significantly higher compared to the successful completion rates from the 80s and early 90s. Note: successful completion doesn’t necessarily mean economically viable. Proper Power & Energy also announced that it has filed its quarterly 10Q report on time once again. The revenues that will be generated by the subsidiary will be consolidated on future income statements, according to Proper Power & Energy.

Exploration wells are typically used to describe wells in areas where there are no proven economic oil or gas wells. Certain of these types of wells may be called ‘wildcat’ wells. Exploration wells involve a high amount of risk as well as potentially high returns. The risk that investors may not find oil and/or gas is ‘geological’ risk. Most of the wells drilled today are development wells. Proper Power & Energy was formed in 2006 as an exploration and production company for oil and gas. The organization is committed to utilizing a very dynamic system of research and testing, and as a result of this extensive research and testing, have selected several sites with very good to excellent potential for productivity.

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Span-America Medical Systems Inc. (Nasdaq:SPAN) will provide an online, real-time webcast and rebroadcast of its conference call on Thursday, January 27, 2011, covering results for the first quarter of fiscal 2011, which will be released after the regular close of trading the preceding day. The live broadcast of Span-America’s conference call will be available online at www.spanamerica.com under investor relations on the Company tab on Thursday, January 27, 2011, beginning at 10:00 a.m. ET. The online replay will follow immediately and continue for 30 days.

Span-America manufactures and markets a comprehensive selection of pressure management products for the medical market, including Geo-Matt®, PressureGuard®, Geo-Mattress®, Span+Aids®, Isch-Dish®, and Selan® products.

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Key Technology Inc. (Nasdaq:KTEC) announced that it plans to release financial results for the fiscal 2011 first quarter, ended December 31, 2010, at approximately 1:10 p.m. PST (4:10 p.m. EST) on Thursday, January 27, 2011. The Company has scheduled a conference call at 2:00 p.m. PST (5:00 p.m. EST) that day to discuss the results for the quarter. All shareholders and other interested persons are invited to participate in the call.

Key Technology, Inc., headquartered in Walla Walla, Washington, is a worldwide leader in the design and manufacture of process automation systems for the food processing, pharmaceutical and industrial markets.

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drstbc

THIS IS NOT A RECOMMENDATION TO BUY OR SELL ANY SECURITY!

Disclaimer: Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment. DrStockPick.com publisher and its affiliates and contractors are not registered investment advisers or broker/dealers. Our disclaimer is to be read and fully understood before using our site, reading our newsletter or joining our email list. Release of Liability: Through use of this website viewing or using, you agree to hold DrStockPick.com report and Crown Equity Holdings Inc. CRWE, its operators, shareholders, employees and/or contractors harmless and to completely release them from any and all liability due to any and all loss (monetary or otherwise), damages (monetary or otherwise) that you may occur. (Read more at http://drstockpick.com/disclaimer) .Rule 17B requires disclosure of payment for investor relations. Crown Equity Holdings, Inc. (CRWE.OB) is a newswire as well as an IR and PR firm. Crown Equity Holdings Inc. (CRWE.OB), in some cases, provides media advertising and public awareness for both public and private companies, as well as disseminating news. As such, in some cases, when Crown Equity Holdings Inc. (CRWE.OB) advertises for a particular client, Crown Equity Holdings Inc. (CRWE.OB) charges an advertising fee which it must disclose under 17B. The fee may be in cash, in free trading stock or in restricted stock. Crown Equity Holdings Inc. (CRWE.OB), if paid in stock, can and may sell those securities during the advertising period. Crown Equity Holdings Inc. (CRWE.OB) anticipates receiving 1,000,000 shares of free trading shares from a third party (Mohamad Nehmeh) for two (2) weeks of advertisement services for Proper Power & Energy, Inc. (PPWE.OB).

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Marvell Technology Group Ltd - MRVL

Hewlett-Packard Co - HPQ

Home Depot - HD

Flextronics International Ltd - FLEX

Cleantech Transit, Inc. - CLNO.OB

Symantec Corp - SYMC

Marshall & Ilsley Corp - MI

Pfizer Inc - PFE

iShares Russell 2000 Index Fund - IWM

PowerShares QQQ - QQQQ

QUALLCOMM Inc - QCOM

Direxion Shs Etf Tr - FAZ

 
 
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