Blog - Page 3184 of 5578

WednesdayDec 21, 2011 4:27 pm

EnerJex Resources, Inc. (ENRJ) Issues Operations and Financial Update on Kansas Oil and Gas Properties

EnerJex Resources, Inc. issued an operational and financial update on the company’s recent oil and gas exploration and development activities in the United States. EnerJex Resources reported that the company has closed on the sale of oil and gas properties in Kansas for $4 million. The company considers the acreage to be noncore to the company’s operations. EnerJex Resources said that the proceeds from the sale will be used to advance the development of the company’s Mississippian Project in Kansas. The company owns a 90% working interest in a 2,820 acre leasehold and holds an option to purchase an additional…

WednesdayDec 21, 2011 2:39 pm

Repligen Corp. (RGEN) Submits New Drug Application for Powerful MRI Imaging Agent SecreFlo™

Today, Repligen Corp., already leading with a strong presence in critical components used in the manufacture of biologic drugs, announced they are taking development of their SecreFlo™ hormone, designed for use as an imaging enhancer for diagnosing pancreatic diseases, to the next level with the submission of an NDA (new drug application). SecreFlo (RG1068, synthetic human secretin) is a powerful tool for vastly improving detection rates of abnormalities in the ducts of the pancreas during MRI examination for pancreatitis, which is characterized by such structural abnormalities and related serious abdominal pain. Increased sensitivity, image quality and the overall ability to…

WednesdayDec 21, 2011 1:52 pm

STWA, Inc. (ZERO) Signs Agreement to Commercialize Oil Efficiency Technology in China

STWA, Inc. develops and commercializes energy efficiency technologies that comprise the company’s intellectual property portfolio, which includes 24 domestic and international patents and patents pending. The company today announced it has signed a letter of intent with Beijing Heng He Xing Ye Technology Development Co. Ltd. (TDC) to license STWA’s Applied Oil Technology™ (AOT) into the Chinese market. As a supplier of technology and oil pumping equipment in China, TDC will license certain rights to STWA’s AOT to sell and distribute the system in China. STWA will remain the exclusive holder of all intellectual property related to AOT and will…

WednesdayDec 21, 2011 1:49 pm

Liberty Silver (LBSV) Closes $4.6M Financing, Announces Listing on Toronto Stock Exchange

Liberty Silver Corp., a company focused on exploring and developing mineral properties in North America, today announced it has closed a $4.6 million funding. The company also announced its acceptance for listing on the Toronto Stock Exchange, where it will trade under the symbol LSL effective Dec. 22, 2011. The $4.6 million non-brokered private placement funding will support the exploration and development of its Trinity silver projects in Nevada, as well as for general working capital purposes. The funding consisted of the sale of 2,627,500 units and 6,500,000 "Subscription Receipts," which have been converted into 6,500,000 Units for an aggregate…

WednesdayDec 21, 2011 12:58 pm

ERF Wireless, Inc. (ERFB) Provides 2012 Update & Guidance

Texas based ERF Wireless, offering wireless and broadband product and service solutions to enterprise, commercial, and residential clients in the U.S. and internationally through its various division and subsidiary operations, today provided an update on the company’s goals and financial guidance for the 2012 calendar year. ERF CEO, Dr. H. Dean Cubley, summarized the outlook: “Our market leadership position as the largest terrestrial wireless provider to the oil and gas industry in North America -- coupled with an expected increase in demand for secure, high-speed, high-capacity, reliable wireless broadband circuits that replace slower, high-latency VSAT circuits at drilling rig sites…

WednesdayDec 21, 2011 11:23 am

China TechFaith Wireless Communication Technology Ltd. (CNTF) Purchases Land for New R&D Facility

Today, China TechFaith Wireless Communication Technology Ltd. announced that the Shenyang Government has granted approval for the company to acquire approximately 11.5 acres in Shenyang City's Shenbei New District. TechFaith will use the property to construct a new facility, which will include integrated R&D, sales and distribution. The land contract is valued at approximately $2.3 million US dollars. The new facility is part of a broader, major joint venture development project between TechFaith and the Shenyang PuHe New Town Administration Committee. TechFaith expects to invest approximately $31.5 million over the next three years; PuHe will invest approximately $6.3 million in…

WednesdayDec 21, 2011 10:46 am

Opnext, Inc. (OPXT) Video Chart for Wednesday, December 21, 2011

OPXT has been in a solid downward channel since about June with repeated 20 cent price fluctuations. The stock will remain on watch for another move to try and take out the topside of the channel. To view the video chart, visit the following link: http://www.qualitystocks.net/videocharts Let us hear your thoughts below:

WednesdayDec 21, 2011 10:42 am

Agenus, Inc. (AGEN) Signs Agreement with NewVac to License, Develop and Market Agenus’ Kidney Cancer Vaccine in Russia

Agenus, Inc., a biotechnology company working to develop treatments for cancers and infectious diseases, and NewVac LLC, a Russian subsidiary of ChemRar High Tech Center, announced that NewVac has been granted an exclusive license to manufacture, market and sell Agenus' Oncophage® vaccine in the Russian Federation and CIS countries. NewVac will also pursue a development program for the vaccine in conjunction with co-adjuvant technology. Oncophage is designed to reprogram the body's immune system to target only the cancer cells, leaving the healthy tissue unaffected and limiting the depilating side effects. The drug was tested in clinical trials on nearly 800…

WednesdayDec 21, 2011 10:40 am

Strategic American Oil Corp. (SGCA) Announces 1,400% Increase in Revenues and Provides Operational Update

Earlier this morning, Strategic American Oil Corp., an aggressive, growth oriented energy company, announced its fiscal first quarter financial and operational results. Highlights Include: • Revenue for the quarter totaled $1.56mm, a gain of 1,400% year-over-year. • Assets increased by $7.86mm without the addition of any debt. • Cash Used in Operations was $83,710 as compared to $250,000 in the previous quarter. • Average reported production in the quarter of approximately 290 gross (230 net) Boe/d. • As of Nov 30, 2011, production was estimated to be 445 gross (350 net) Boe/d. • Current leasehold position of approximately 20,099 net…

WednesdayDec 21, 2011 10:28 am

Stock Guru Featured Company: GreenHunter Energy, Inc. (GRH)

GreenHunter Energy, Inc., through its wholly-owned subsidiary, provides Total Water Management Solutions™ to oil and gas operators who are active in the Marcellus, Eagle Ford and Bakken shale plays. The company understands the importance of operational excellence and keeping expensive rigs running on schedule. GreenHunter seeks out undervalued existing assets employing proven, cost-effective technologies. With decades of experience in the oil and gas business, the company’s management team is well equipped to help improve efficiencies and lower costs of handling, recycling, hauling and disposing of produced water and frac flowback. Let us hear your thoughts: GreenHunter Energy, Inc. Message Board

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