Blog - Page 3773 of 5544

FridayMar 05, 2010 10:14 am

Bonanza Oil and Gas, Inc. (BGOI.OB) Announces Recent 50 Percent Increase in Production of the Jackson Well in Borden County, Texas

Bonanza Oil and Gas, Inc., an independent oil and gas company that holds assets ranging from current producing properties to developing working interests in Proven Undeveloped CPUDS properties, recently announced that the production level of the Jackson Well has increased by approximately 50 percent after performing re-fracturing stimulation of the well. The Jackson well is located in the Apclark Field, Borden County, Texas, just east of the Jo Mill Field that has produced over 54 million barrels of oil. Bonanza Oil and Gas is currently evaluating other asset properties that may be purchased and/or merged into the company. To date,…

FridayMar 05, 2010 8:27 am

WikiLoan, Inc. (WKLI.OB) Values the Unbanked

WikiLoan, Inc. is a financial social network focused on serving the unbanked and underbanked consumer market, which exceeds 28 million in the US. It is anticipated that the company’s "Wiki" branded cards will be launched into the marketplace by April 1 and may ultimately reach more than 20,000 distribution points. Up to 5 million "Wiki" cards will be sold possibly resulting in tens of millions of consumers being exposed to the "Wiki" brand through various advertising collateral. "What's so special about this deal is that the distribution points are primarily located within immigrant communities and run by local merchants. Often…

ThursdayMar 04, 2010 3:25 pm

Tombstone Technologies, Inc. (TMCI.OB) is “One to Watch”

Tombstone Technologies, Inc. is a software development company focused on delivering Web-to-Print solutions to the print industry. The Company's graphic design tools are leading the emerging market for automated custom image applications. Formed in 2005, the Company trades on the OTC Bulletin Board. They have their corporate headquarters in Longmont, Colorado. Tombstone Technologies, Inc. designed their first product, OIEPrint™ (patent pending), for use by anyone with the capability to take high-resolution digital designs and put them to work. OIEPrint™ is a customizable, template driven Web-to-Print design tool. It allows non-professionals to get professional results without investing time in overcoming a…

ThursdayMar 04, 2010 2:52 pm

IBERIABANK Corp. (IBKC) Prices Common Stock Offering

IBERIABANK Corporation priced an offering of 5.2 million shares of its common stock at $57.75 per share, raising gross proceeds of $300 million. The bank said that after offering expenses and commissions, the net proceeds would be approximately $286 million. IBERIABANK Corporation said that it would use the proceeds for general corporate purposes including possible acquisitions. The bank has purchased several failed banks during the past 12 months, including Orion Bank of Naples, Florida, CapitalSouth Bank of Birmingham, Alabama, and Century Bank FSB of Sarasota, Florida.IBERIABANK Corporation usually enters a loss sharing agreement with the Federal Deposit Insurance Corporation (FDIC)…

ThursdayMar 04, 2010 2:50 pm

SinoCoking Coal and Coke Chemical Industries, Inc. (SCOK) Expands Production

SinoCoking Coal and Coke Chemical Industries, Inc. has broken ground on the construction of its new state-of-the-art coking facility in Pingdingshan city, Henan Province, in east central China. The eventual cost of the new coking plant is expected to be $70 million when completed by early 2011, with the plant being used for the production of metallurgical and chemical coke, as well as coal gas and various chemical products. The coking of coal involves driving off volatile constituents of the coal, such as water, coal gas, and coal tar, leaving a smokeless form of the fuel, used for such things…

ThursdayMar 04, 2010 1:24 pm

Previous Chairman & CEO of McDonald’s Japan to Join Consorteum Holdings Inc.’s (CSRH.OB) Board of Advisors

Consorteum Holdings, Inc. was very pleased to announce today that Mr. Pat Donahue will join the company’s new Board of Advisors. Quent Rickerby, President & COO of Consorteum Holdings Inc., commented, “We believe the addition of Mr. Donahue to the Board of Advisors will provide the company with exceptional business experience and strategic advice. Mr. Donahue has held key leadership positions in one of the largest companies and best-known brands in the world.” “He brings proven leadership skills and ability to achieve business results. Consorteum is extremely fortunate that he has agreed to sit on our advisory board and believes…

ThursdayMar 04, 2010 1:17 pm

Solar Energy Initiatives, Inc. (SNRY.OB) Partners with Alternate Energy Technologies to Distribute Solar Thermal Water Heating Systems

Solar Energy Initiatives, Inc. announced a strategic supply agreement today with US-based solar and water heating system manufacturer AET (Alternate Energy Technologies, LLC). Solar Energy Initiatives is a broad spectrum solar solutions provider with three main operating segments: the Project Services Group (PSG), which develops municipal and commercial scale solar solutions; the SolarEos Group, which educates trade professionals in the solar industry; and the Integrated Supply Group (ISG), which handles wholesale distribution of thermal and photovoltaic (PV) systems in the US and Caribbean. CEO of SNRY David Fann noted plans to distribute AET's Eagle Sun™ and Morningstar™ systems via its…

ThursdayMar 04, 2010 1:15 pm

Flex Fuels Energy, Inc. (FXFL.OB) Grows into Booming Point-of-Care Market with Bio-AMD Acquisition

Flex Fuels Energy, Inc. disclosed details today regarding the Company’s entry, on the 25th of last month, into a Subscription and Shareholder’s Agreement with Bio AMD Holdings Limited. Bio-AMD specializes in medical technologies in the booming Point-of-Care (POC) market, where FXFL looks to realize substantial returns developing several proprietary hand-held devices (used for reading third-party assays) via extensive licensing to a global manufacturing and distribution market eager for such technology. Under the terms of the Agreement, FXFL will acquire 63% of the fully diluted equity in Bio-AMD for £865,000 GBP ($1.286M) which will be used to push the Bio-AMD business…

ThursdayMar 04, 2010 1:11 pm

Wescorp Energy Inc. (WSCE.OB) to Build Cutting Edge Water Remediation Unit for Demonstration and Marketing

Located in Calgary, Alberta, Wescorp is a clean water company which provides the oil and gas industry with water purification solutions that overcome environmental remediation challenges. Today, Wescorp took a major step towards enhancing their future with the announcement they have entered into a contract for K-Line Trailers Ltd. to design and construct a full-size, commercial grade H2Omaxx mobile water remediation unit. The self-contained unit will contain its own storage, separation, and containment tanks, micro-aeration generators, software and computer automation technology to allow the water remediation to occur at full capacity with minimal human supervision. K-Line has agreed to fund…

ThursdayMar 04, 2010 12:58 pm

Cano Petroleum (CFW) Updates Oil and Gas Operations

Cano Petroleum reported average production of 1,189 net barrels of oil equivalent per day for the fourth quarter of 2009, ending December 31, 2009. This represented a decline of 1.2% compared to the average production of 1,203 net barrels of oil equivalent per day in the same quarter of 2008. Cano Petroleum attributed the decline in production to a curtailment of well activity at its Desdemona properties in the Barnett Shale, and a maintenance shutdown at a water flood project. Cano Petroleum also issued an operations update on some of its oil and gas properties: Cato Properties – Cano Petroleum…

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