ThursdayNov 04, 2010 2:48 pm

Treaty Energy Corp. (EECO.OB) Provides Investors with Progress Update on Belize

Earlier this week, Treaty Energy Corp., a growth-oriented energy company in the oil and gas industry, updated shareholders on the progress of its Joint Venture with Princess Petroleum Ltd. on the two million acre concession in Belize. Radar Satellite Solutions (R.S.S.), the company's contractor, has finished its initial analysis of a portion of the land based concession. Mike Morgan, spokesman for R.S.S., stated, "R.S.S. has concluded a geophysical 3-D mapping of the prolific 'Spanish Lookout' oil field in the Northwest area of Belize. This was done to gain a better understanding of known reservoir characteristics in Belize." By tuning its…

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ThursdayNov 04, 2010 2:40 pm

Spot Mobile International Ltd. (RPIDD.OB) Acquires Switching Platform from Yak America, Positions to Gain territory in Expanding Prepaid Market

Spot Mobile, www.spotmobile.com – the dynamic mobile virtual network operator which offers some of the best in mobile services/phones, prepaid phones and SIM cards, reported today the acquisition of key/strategic technology assets from Yak America Incorporated. A robust and cutting-edge telecommunications switching platform thus falls under the sage direction of RPIDD, which has already established a very strong presence in the industry via wholly-owned subsidiaries Mr. Prepaid, Inc. and Spot Mobile Corporation. The deal puts RPIDD in a very select and small league of companies able to offer prepaid wireless like this over its own switching platform. Operating on the…

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ThursdayNov 04, 2010 2:37 pm

STWA, Inc. (ZERO.OB) Engages Colfax to Generate Prototype for Full Scale Testing of Breakthrough Oil Pipeline Energy-Efficiency Technology

STWA, www.stwa.com – masters of pioneering energy efficiency solutions for large-scale energy production and diesel fleets, today reported engagement of the renowned global provider of critical fluid-handling systems Colfax Corporation for the production of a full-scale prototype of ZERO’s revolutionary AOT™ (applied oil technology). The US DOE’s Rocky Mountain Oilfield Testing Center (RMOTC) will play host to full scale testing of ZERO’s AOT technology, utilizing the prototype and ultimately offering a clearer picture of the huge benefit this technology represents to the industry as a whole. The reduction of costs associated with transporting crude oil through pipelines, promised by this…

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ThursdayNov 04, 2010 11:32 am

PetroQuest Energy (PQ) Reports Results of Third Quarter Oil And Gas Operations

PetroQuest Energy released an operational update for the third quarter of 2010, including new disclosures on its exploration and development activities in various onshore and offshore oil and gas areas of the United States. PetroQuest Energy reported a slight decline in total oil and gas production during the quarter. The company had total production of 7.9 billion cubic feet equivalents in the quarter ending 9/30/2010, compared to 8.0 billion cubic feet equivalents in the same quarter of 2009. PetroQuest Energy said that the company has recompleted a well located in the Ship Shoal 72 field in the Gulf of Mexico.…

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ThursdayNov 04, 2010 11:30 am

Penn Virginia Corp. (PVA) Issues Operations Update

Penn Virginia Corp. issued an operations update on the company’s oil and gas activities in various domestic basins during the third quarter of 2010. The company is active in many different areas, including the Granite Wash, Selma Chalk and Cotton Valley plays. Penn Virginia Corp. reported total production of 13.3 billion cubic feet of natural gas equivalent during the third quarter of 2010. This comes to an average of 144.3 million cubic feet of natural gas equivalent per day. In the same quarter of 2009, Penn Virginia Corp. reported total production of 11.2 billion cubic feet of natural gas equivalent,…

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ThursdayNov 04, 2010 10:13 am

Uranium Energy Corp. (UEC) Jumps As Uranium Prices Come Back

The price of uranium, like that of all commodities, is based on a volatile mix of many variables feeding supply and demand. Like rogue waves on a choppy sea, spikes and troughs can easily mislead, disguising powerful general trends. When the spot price of uranium peaked in 2007, only to fall back over the following few years, there was no shortage of pundits attempting to target the bottom, which now appears to have been hit and solidly defined. The spot price of uranium has now increased 25% since earlier this year, and exploration/development companies like Uranium Energy Corp. have shot…

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ThursdayNov 04, 2010 8:14 am

LianDi Clean Technology Inc. (LNDT.OB) Announces Major Contract with Sinopec Mitsubishi Chemical

Located in Beijing, China, LianDi serves the largest Chinese petroleum and petrochemical companies by providing clean technology, downstream flow equipment and engineering services. While only established in 2004, LianDi is quickly becoming a major player in the rapidly growing clean technology market for oil refineries in China. Today, LianDi announced four contracts from Sinopec Mitsubishi Chemical with a combined worth of $3 million. With these contracts, the young company will supply 222 valves to Sinopec Mitsubishi, a subsidiary of Sinopec. LianDi expects delivery to Sinopec Mitsubishi Chemical in the first half of 2011. LianDi Clean Technology will supply all the…

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ThursdayNov 04, 2010 8:10 am

Echo Therapeutics Inc. (ECTE.OB) Receives Qualifying Therapeutic Discovery Project Grant for 2009 Research and Development Endeavors

Echo Therapeutics, Inc. announced this morning that it received a Qualifying Therapeutic Discovery Project (QTDP) grant from the U.S. government in the amount of $244,479 related to its 2009 research and development expenditures. Based on its actual and projected R&D spending for 2010, Echo expects to receive an additional grant of up to approximately $244,000 after submission of its 2010 tax returns. The U.S. Department of Health and Human Services issues QTDP grants to support innovative projects that have reasonable potential to result in new therapies, reduce health care costs or significantly advance the goal of curing cancer. Created under…

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ThursdayNov 04, 2010 8:07 am

Dionics, Inc. (DION.OB) Announces Progress in Initiative Aimed at Expanding Asian Market

Yesterday, Dionics, Inc. announced the progress they have made in regards to generating growth in the expanding Chinese market. Dionics, a manufacturer of semiconductors and microelectronics, is known particularly for its photovoltaic MOSFET drivers. Among the steps taken are the hiring of a respected local Chinese consulting firm, and having an operating sales and marketing function in Bejing through this consulting firm. In addition, these consultants are in the process of screening candidates for Merger/Acquisition routes. Further action is being taken in ongoing negotiations with a large number of Chinese electronics companies to distribute their MOSFET drivers in the Chinese…

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