Blog - Page 3896 of 5594

WednesdayDec 16, 2009 12:21 pm

Carrizo Oil & Gas, Inc. (CRZO) Sells Partial Interest in Properties

Carrizo Oil & Gas, Inc. recently signed an agreement to sell an interest in some of its oil and gas properties to the Sumitomo Corporation for $15.7 million. Sumitomo Corporation will receive a 12.5% interest in 16 drilling units located in the Barnett Shale in the Fort Worth Basin in North Texas. Each drilling unit comprises multiple existing and future well locations. The company also renegotiated its borrowing base with its lenders, raising the base from $284 to $350 million. The extra liquidity provided by the agreement with Sumitomo Corporation and the increased borrowing will allow the company to complete…

WednesdayDec 16, 2009 10:23 am

Cemtrex, Inc. (CTEI.OB) Announces Rebate from Xcel Energy for Customers Utilizing the Company’s Green DCV Systems

Cemtrex, Inc., a worldwide market leader in manufacturing and selling the most advanced instruments for emission monitoring of particulate, opacity, mercury, sulfur dioxide, nitrogen oxides and filtration products, recently announced that Xcel Energy of Colorado will issue a 20 percent rebate to customers who install Cemtrex’s Green DCV energy-saving equipment. Cemtrex’s Green DCV systems, an innovative energy-efficiency solution for high-quality green building applications, utilize carbon dioxide sensors to monitor buildings’ CO2 levels and regulate air handling systems to improve air quality and save energy. The company’s Green DCV systems can reduce energy costs by up to 40 percent in buildings…

WednesdayDec 16, 2009 10:20 am

eDoorways Corp. (EDWY.PK) Provides Investor Community with Further Details Regarding “SOLVE” Beta Releases and Functionality

eDoorways Corp. today revealed greater detail in the functionality of its eDoorways initiative as the company prepares for this month's holiday release of "SOLVE" beta v1.0. Gary Kimmons, Chairman & CEO of eDoorways Corporation, said, "We are nearing the day of the 'SOLVE' beta release v1.0 as we've entered into the final stretch of testing. Already looking past the holidays and well into the New Year, 2010 will bring a new set of priorities as we will seek to quickly build upon the '09 beta release and strengthen the overall functionality of our first doorway." This month's beta release of…

WednesdayDec 16, 2009 10:05 am

VIASPACE, Inc. (VSPC.OB) CEO Dr. Kukkonen Interviewed on CEONEWS.Tv

VIASPACE Inc., a clean energy company growing Giant King™ Grass as a renewable, low-carbon energy crop, announced today that its Chief Executive, Carl Kukkonen, was interviewed on CEONEWS.Tv. During the interview, Dr. Kukkonen reviewed the company's renewable energy and fuel cell cartridge businesses and provided a brief update on the progress and outlook for Giant King Grass. A replay of the interview can be found at www.ceonews.tv/vspc. Kukkonen reiterated that the company’s overall strategy for the clean energy markets is to develop and market consumables, such as renewable crops for producing low-carbon energy and fuel cartridges for micro fuel cells…

WednesdayDec 16, 2009 9:46 am

FormCap Corp. (FRMC.PK) to Establish Operatorship in New Mexico

In anticipation of drilling and developing the 4,900 acre Weber City Prospect, FormCap Corp. announced today that it is establishing itself as an Operator in the State of New Mexico. This move will provide the company with complete control over operations on wells developed on its prospects. Achieving Operator status will eliminate the need for third party contracting of these services. “Having complete operational control over production on our prospects will eliminate the need for Third Party contracted services, improving the over-all economics of prospects developed in New Mexico,” stated Graham Douglas, FormCap’s President & CEO. Let us hear your…

TuesdayDec 15, 2009 8:28 pm

NetSol Technologies, Inc. (NTWK) is “One to Watch”

NetSol Technologies, Inc., a worldwide provider of global business services and enterprise application solutions, leverages its BestShoring(TM) practices and highly experienced resources to deliver high-quality, cost-effective solutions. Their suite of products and services include credit and finance portfolio management systems, hospital/healthcare information management systems (HIMS), SAP consulting and services, custom development, systems integration, and technical services. NetSol’s commitment to quality is demonstrated by its achievement of the ISO 9001, ISO 27001, and SEI (Software Engineering Institute) CMMI (Capability Maturity Model) Maturity Level 5 assessments, a distinction shared by less than 100 companies worldwide. These distinctions are a result of adhering…

TuesdayDec 15, 2009 3:17 pm

EVCARCO (EVCA.OB) Positioned to Capitalize on Alternative Fuel Vehicle Market Trends with Texas Dealership

EVCARCO markets clean technologies in plug-in electric, pre-owned hybrids. The automotive retail group is a developing dealer network for eco-friendly dealerships in the United States. The company’s dealership model balances low overhead and high ROI, giving customers a choice of new or pre-owned environmentally friendly vehicles. Dale Long, CEO of EVCARCO said the company is following “strong trends” in the automotive industry, supported by a recent JD POWER and Associates study claiming that hybrid vehicles are set to achieve record U.S. sales this year. As part of the company’s previously stated expansion strategy, it plans on opening its first dealership…

TuesdayDec 15, 2009 3:11 pm

China Sun Group High Tech Co. (CSGH.OB) Up More than 160% After QualityStocks Coverage

China Sun Group High Tech Co. is currently trading at $1.78 a share, up $0.17 per share or nearly 11% for the day. The stock hit an intra-day high of $1.88 a share, not far from its 52-week high of $2.10. The company appeared in the QualityStocks FREE Daily Newsletter initially on June 5, 2009, when the shares were trading for only $0.68. The shares have moved up greatly in value since then. China Sun Group High Tech produces anode materials used in lithium ion batteries. Through its wholly-owned subsidiary, Dalian Xinyang High-Tech Development Company, the company primarily produces cobaltosic…

TuesdayDec 15, 2009 2:13 pm

Seeing the Longer-term Future of Natural Resources

The recent $31b move by Exxon Mobile into natural gas illustrates the shift taking place in natural resources. Where oil and gold where once the leading sectors, there are now new sectors to consider for the longer-term. This suggestion does not discount the importance of oil and gold but it does recognize that looking for other natural resource "plays" is valid. As Exxon has demonstrated, natural gas is one of the leading segments to consider. Its move has signaled that, in all likelihood, there will be a consolidation of the natural gas market. Presently, there is a surplus of natural…

TuesdayDec 15, 2009 2:02 pm

FormCap Corp.’s (FRMC.PK) Recently Issued Corporate Update

FormCap Corporation is a domestic oil and gas exploration and development company. Several weeks ago, the company issued a corporate update to the public and their shareholders. The highlights of the update follow: The company completed the acquisition of the Weber City Prospect located in Curry County, New Mexico. The Weber City Prospect consists of 4,800 acres, all with five-year primary term leases. FormCap now holds 100% working interest and 80% net revenue interest in the acreage. The company has commenced activities in preparation for drilling its initial 7,000 foot well to test four potentially productive hydrocarbon zones – the…

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