Blog - Page 3633 of 5670

FridayNov 05, 2010 1:43 pm

Westmont Resources (WMNS) Agrees to Acquire Leasehold in Pennsylvania

Westmont Resources reported that the company has signed an agreement to acquire oil and gas leasehold in the Northeastern United States. The company said that the acreage has exposure to the Marcellus Shale, an emerging and prolific source of natural gas. Westmont Resources said that the deal includes 233 acres of leasehold and eight producing wells in the southwestern part of Pennsylvania. The company estimates that the value of the potential resources and current production on the acreage is $7.2 million. Westmont Resources did not disclose the identity of the seller or the price that the company will pay. The…

FridayNov 05, 2010 1:42 pm

Gastar Exploration Ltd. (GST) Issues Operational Update for Third Quarter of 2010

Gastar Exploration Ltd. issued an operations update on the company’s oil and gas exploration and development activities during the third quarter of 2010. The company is active in various domestic basins including the Appalachian Basin in Pennsylvania and various formations in Texas. Gastar Exploration Ltd. reported total production of 22.6 million cubic feet per day of natural gas equivalents during the third quarter of 2010. This was a slight year over year decline from the 23.3 million cubic feet per day of natural gas equivalents reported in the corresponding quarter of 2009. Almost all of this production in both quarters…

FridayNov 05, 2010 12:38 pm

Geovic Mining Corp. (GVCM.OB) Acquires Permits for Gold Exploration in Arizona’s Whetstone Mountain Range

Geovic Mining, www.geovic.net – the exploration and development company whose primary operation concerns a 60.5% ownership in a major cobalt-nickel-manganese deposit in the Africa’s Republic of Cameroon, reported the acquisition today of 71 exploration permits in Arizona’s Whetstone Mountains. Located in the northwest region of the Whetstone range, Pima/Cochise Counties to be exact, the permits sit on a 66.5 sq mile area which was identified during a recent (2009-2010) sampling program as bearing extensive surface gold mineralization along a nine-mile trend. Indications provided by analysis of the extant data paint a clear picture of regional detachment faults, hosting what appears…

FridayNov 05, 2010 12:25 pm

ViewCast Corp. (VCST.OB) Awarded Best Enterprise Video Platform 2010 by Readers of Streaming Media

ViewCast, www.viewcast.com – the hardware/software solutions provider which is making the management, manipulation and delivery of professional quality video over the web a reality, reported today that its ViewCast Media Platform (VMp™) was awarded best Enterprise Video Platform for 2010 by readers of Streaming Media magazine. This marks the fourth year in a row of Streaming Media Readers’ Choice Awards for VCST: • The Company’s high performance Osprey® line of video capture hardware won for Encoding Hardware in 2007 • The Osprey 700e HD video capture card won in the same category in 2008 • The Niagara® Pro II won…

FridayNov 05, 2010 12:05 pm

Treaty Energy Corporation (TECO.OB) is “One to Watch”

Treaty Energy Corp. engages in the acquisition, development and production of oil and natural gas. The company acquires and develops oil and gas leases which have proven but undeveloped reserves at the time of acquisition. This strategy allows Treaty to develop and produce oil and natural gas with significantly decreased risk, cost and time involved in traditional exploration. Treaty Energy's management has carefully designed a strategic acquisition program to move the company into continually stronger production, with initial lease projects in Louisiana, Tennessee, and Kansas. When ready for additional expansion, they will pursue acquisition opportunities in other areas that meet…

FridayNov 05, 2010 11:46 am

Daulton Capital Corp. (DUCP.OB) Uncovering Yukon Gold and Copper

Daulton Capital Corp., a Nevada based finance company specializing in natural resource investments, is in negotiations for an option agreement on two important gold projects in the Yukon Territory of northwest Canada. The company is hoping to secure full interest in the properties, both of which are in an area that has produced significant drill results of 3.4 g/t of gold at 103 meters. The largest of the projects, the Hunker Property, consists of 121 Yukon Quartz Mining Claims in the Dawson Mining District, 15 miles southeast of Dawson City. It covers 6,000 acres straddling Hunker Creek, one of the…

FridayNov 05, 2010 8:37 am

Small Cap Voice Featured Company: AGR Stone & Tools, Inc. (AGRT.OB)

AGR Stone & Tools is a manufacturer and distributor of over 500 high-quality consumable products for the construction, stone, concrete and masonry markets. The company is widely known throughout Asia and Europe where its high-quality diamond tools like drilling/grinding bits and blades, as well as adhesives, are prized for their superior performance and cost effectiveness. The tool cores have been painstakingly engineered by AGRT’s team of scientists to be the strongest in the industry and the company’s proprietary Matrixx Maxx™ technology ensures that the diamond tips, containing the highest diamond content in the industry, are ideally bonded. A 27-year veteran…

FridayNov 05, 2010 8:15 am

Global Entertainment Holdings (GBHL.OB) and InnerGate Entertainment Form Strategic Partnership

Publicly traded entertainment company, Global Entertainment Holdings, Inc. announced today that it has formed a partnership with InnerGate Entertainment to collaborate on the production and marketing of a slate of high-quality feature films. Per the agreement, InnerGate will facilitate the financing required to produce the multiple films, while GBHL, operating through its U.S. production subsidiary Global Universal Entertainment, will provide production expertise and industry contacts for the distribution of the films. This mutually beneficial partnership will extend Global Universal's presence to the East Coast and will increase InnerGate's exposure in the industry. InnerGate Entertainment, LLC is a privately held company…

FridayNov 05, 2010 8:13 am

WordLogic Corp. (WLGC.OB) Appoints Michael Flom to Lead Tech Advancement Efforts

Yesterday, Frank Evanshen, CEO of WordLogic, appointed Michael Flom as the company's new Director of Mobile Technology. Mr. Flom, of Flom Wireless Application/LBS Consulting, is trained in engineering with a BS and MBA in Engineering from Arizona State, and considered to be an industry expert in developing and marketing location-based software apps, such as GPS navigation; he has also presented at conferences worldwide. Among Flom's work includes creating the first e-commerce system used by American Express, the first wireless city guide and navigation software for Ericsson, and the first mass market cell phone GPS service for Motorola and Nextel. WordLogic,…

FridayNov 05, 2010 8:11 am

Helix BioMedix, Inc. (HXBM.OB) Reports Third Quarter Results

Helix BioMedix, Inc. announced yesterday financial results for the Company’s third quarter 2010 ended September 30, 2010. Revenue for the third quarter of 2010 was approximately $94,000, compared to approximately $98,000 for the third quarter of 2009 and approximately $330,000 for the second quarter of 2010. For the first nine months of 2010, revenue was approximately $494,000, compared to approximately $324,000 for the first nine months of 2009. The 53 percent increase in revenue through the first nine months of 2010 reflects a significant increase in licensing revenue and growth in international consumer product sales through Helix BioMedix, Inc.’s new…

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