Blog - Page 3555 of 5553

FridayOct 01, 2010 7:52 am

Gastar Exploration Ltd. (GST) Reports Well Completion in East Texas

Gastar Exploration Ltd. reported the successful completion of a horizontal well in East Texas. The company plans to drill two additional wells on its properties here. Gastar Exploration Ltd. said that the Streater #1 well was completed to the middle Bossier zone, and was producing at a gross rate of 10.2 million cubic feet per day of natural gas. The well was operating under a flowing casing pressure of approximately 8,900 pound per square inch. Gastar Exploration Ltd. has a 32,000 gross acre position that is prospective for the Upper and Middle Bossier formation zones. The acreage position is concentrated…

FridayOct 01, 2010 7:51 am

Mainland Resources, Inc. (MNLU) Updates Mississippi Oil and Gas Activity

Mainland Resources, Inc. issued an operational update on its oil and gas activities at its properties in Mississippi. Mainland Resources, Inc. reported that the Burkley-Phillips No.1 well has been successfully drilled to a depth of 16,531 feet, and is on track to reach its total intended depth of 22,200 feet. The company has also logged the well using an electric line and placed casing string into the well. Mainland Resources, Inc. said that the Burkley-Phillips No.1 well is located in Jefferson County Mississippi. The well has already encountered the Lower Tuscaloosa Massive Sand formation, which is being analyzed by the…

ThursdaySep 30, 2010 3:55 pm

Kreisler Manufacturing Corp. (KRSL.PK) Details Expansion Project and 3 Strategic Agreements

Kreisler Manufacturing Corp. manufactures precision metal components for military and aerospace use, commercial aircraft engines and industrial gas turbines. The company today announced its strategic capital investment project at its Kreisler Polska subsidiary designed to expand the company's manufacturing and production capabilities in Poland. After its estimated completion in December 2010, the Kreisler Polska expansion is expected to enhance competitiveness and generate long-term revenue growth. Kreisler said the project reflects its growing presence in Europe and its drive to meet rising customer demand. "These actions are designed to enhance our competitive position as well as enable Kreisler to compete for…

ThursdaySep 30, 2010 2:43 pm

Best Energy Services, Inc. (BEYS.OB) to Expand into Eagle Ford Shale

Best Energy Services, www.BEYSinc.com – the Houston, TX-based well service and workover firm providing leading solutions in the Hugoton and Central Kansas Basin, announced plans today to expand operations into the Eagle Ford trend of South Texas very soon, projecting a late November date to have multiple rigs up and running. The Company has positioned itself superbly to capitalize on the Eagle Ford Shale over the next several years, and sees it as a primary growth area due to extremely promising initial results. It is now estimated that the trend stretches out over most, if not all, of 15 different…

ThursdaySep 30, 2010 2:41 pm

Glen Rose Petroleum Corp. (GLRP.OB) Acquires 4,500 Acres Contiguous to Current Operations in Texas

Glen Rose Petroleum, www.glenrosepetroleum.com – the 29-year veteran, on-shore US oil and gas developer, with some 10.5k acres in Edwards County, Texas’ Wardlaw Field (medium crude of 18-22 API gravity with a 2% sulfur content), today reported acquisition of another 5.4k acres at the Adamson Ranch, which is contiguous to the aforementioned acreage and brings the Company’s total footprint to roughly 15,900 acres. With a 100% working interest and 20% royalty interest in the Adamson Ranch, GLRP is well-positioned to fully exploit the rich reserves at the site, where engineering study data indicates the presence of an estimated 168.7M barrels…

ThursdaySep 30, 2010 1:59 pm

Huifeng Bio-Pharmaceutical Technology Inc. (HFGB.OB) is “One to Watch”

Huifeng Bio-Pharmaceutical Technology Inc., located in Xi'an, People's Republic of China, is focused on developing, producing and selling plant extracts, pharmaceuticals and pharmaceutical raw materials in China and internationally. It is the leading Chinese producer of rutin and related plant-derived chemicals in a class called flavonoids, which have anti-inflammatory, antioxidant and anticoagulant properties. Huifeng's production facilities are ISO9001:2000 certified, a necessary international qualification for export sales. The company also holds a Chinese Good Manufacturing Practices (GMP) certification, which was just recently renewed by the SFDA for five years. Products manufactured under GMP conditions have higher quality, consistency and potency assurances.…

ThursdaySep 30, 2010 10:39 am

XenaCare Holdings, Inc. (XCHO.OB) Partners With Renaissance Publishing

XenaCare Holdings, Inc., a Florida based healthcare products company, today announced signing of an agreement with Renaissance Publishing LLC, for the private label marketing of three XenaCare clinical supplement products. XenaCare will furnish the finished products to Renaissance for marketing in the U.S., with Renaissance providing the packaging and branding. Renaissance is a multimillion dollar company with 150,000 customers to which XenaCare now has access. XenaCare President and CEO, Frank Rizzo, commented on the agreement. “We are very pleased to be working with Renaissance for U.S. private label marketing of these proprietary clinical supplement products. They fit into Renaissance's growing…

ThursdaySep 30, 2010 10:28 am

LeCroy Corp. (LCRY) Reports Preliminary First Quarter Results

LeCroy Corp. is a worldwide leader in serial data test solutions and oscilloscopes. The company offers high-performance oscilloscopes, serial data analyzers and global communications protocol test solutions which measure, analyze and verify complex electronic signals. The company today announced preliminary financial results for its fiscal first quarter ending October 2, 2010. For the first quarter of fiscal 2011, LeCroy expects to report a 38% year-over-year increase in revenues to approximately $38.6 million. This compares with $28 million in the first quarter of 2010 and previous guidance of between $37 million and $38 million for this quarter. LeCroy also expects to…

ThursdaySep 30, 2010 10:24 am

Clear Skies Solar, Inc. (CSKH.OB) Receives High Praise for XTRAX® Technology

Clear Skies Solar, Inc. may have blue skies in their future as indicated by today's announcement about the success of their XTRAX Technology. Located in Mineola, New York, Clear Skies Solar (CSS) is a wholly-owned subsidiary that provides full-service renewable energy solutions to commercial, industrial, and agricultural clients across the country. Today, CSS took a major step towards prominence when they announced that independent lab testing proves high accuracy for their XTRAX Technology. XTRAX is hardware that has the potential to lead the next generation of energy tracking. The first seven ANSI tests relating to accuracy and continuity have shown…

ThursdaySep 30, 2010 9:45 am

Golden Star Resources (GSS) is “One to Watch”

Golden Star Resources is a mid-tier, unhedged gold mining company which over its 25-year history has produced in excess of 2 million ounces of gold. The company has two operating gold mines in western Africa situated along the prolific Ashanti Gold Belt in Ghana. In 2009, production totaled nearly 410,000 ounces of gold from these two mines. The company's goal is to grow its business in Ghana and other selected countries such as the Ivory Coast in western Africa. This is a wise choice and not only because of the richness of the Ashanti gold fields. Western Africa is one…

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