ThursdayAug 26, 2010 1:16 pm

CAMAC Energy Inc. (CAK) Starts Drilling On Chinese Natural Gas Project

CAMAC Energy Inc. reported that it has started drilling an initial well in the Ordos Basin in China. The well is the first in a two well program planned to explore and develop natural gas in the area. The ZJS-02 well will be drilled at the company’s Zijinshan Gas project in Shanxi Province. If the well is successful, CAMAC Energy Inc. will follow up with the ZJS-03 well. CAMAC Energy Inc. reported that the two well program is based on an appraisal of 160 kilometers of seismic data acquired in the Zijinshan Gas project area. The appraisal began in 2009.…

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ThursdayAug 26, 2010 1:15 pm

Bronco Drilling Company, Inc. (BRNC) Reports July 2010 Utilization

Bronco Drilling Company, Inc. released the company’s monthly operational update for July 2010. The update covers utilization and other data for the company’s land rig fleet used for oil and gas drilling in United States. Bronco Drilling Company, Inc. reported total fleet utilization of 56% for July 2010, approximately flat with the 56% total fleet utilization reported for June 2010. The company reported total fleet utilization of 54% for the entire second quarter of 2010. Bronco Drilling Company, Inc. said that it had thirty-seven marketable rigs working in July 2010, the same as June 2010 and full second quarter of…

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ThursdayAug 26, 2010 11:07 am

Far East Energy Corp. (FEEC.OB) Reaches Production Milestone and Closes Registered Direct Placement

Far East Energy Corp. is a company that is starting to turn the heads of investors on Wall Street. Based in Houston, Texas and with several offices throughout China, Far East Energy is focused on coal-bed methane exploration and development throughout China. Today, Far East Energy today announced that gas production from the Shouyang Block in the Shanxi Province of China has surpassed one million cubic feet per day. Leading the team at Far East Energy is Michael R. McElwrath who serves as the corporation’s President and CEO. Commenting on the production milestone, McElwrath was quoted as saying, "In the…

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ThursdayAug 26, 2010 11:01 am

Green Energy Live, Inc. (GELV.OB) Announces Its Focus on “The Clean Side of Green”

Green Energy Live Inc. is developing sustainable biomass-to-energy conversion technology to meet a growing need in the nation's $154 billion livestock industry. The company plans to use its proprietary gasification technology for the development of innovative, on-site manure-to-electricity conversion systems. These systems will enable livestock farmers and ranchers to convert their animal waste into clean, renewable energy. The company is showing its focus on “the clean side of green” by its expansion of sustainable solutions for the US livestock industry. Earlier this summer, Green Energy Live issued a letter of intent to acquire 100% of the stock of Peck Electric…

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ThursdayAug 26, 2010 10:55 am

Met-Pro (MPR) Posts Solid Q2 Results

Met-Pro Corp., a global provider of product recovery, pollution control and fluid handling solutions, today announced its second-quarter financial results for the three months ended July 31, 2010. The company reported net sales for the second quarter at $21.4 million compared with net sales of $20.9 million for the same quarter last year. Net income increased 31 percent to $1.6 million and diluted earnings per share were $0.11 for the second quarter, compared with net income of $1.2 million and diluted earnings per share of $0.08 for the second quarter of 2009. Met-Pro said new order bookings for the second…

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ThursdayAug 26, 2010 7:59 am

Buckingham Exploration Inc. (BUKX.OB) Options Dome Property Mineral Claims

Buckingham Exploration Inc. announced yesterday that they optioned the Dome Property Mineral Claims in the Beaverdell Mining Camp, South Central Vancouver Island (the Property), via their wholly owned subsidiary, 0887717 B.C. Ltd. (0887717). The option agreement between 0887717 and Mr. Murray Morrison calls for an immediate payment of cash and certain work commitments. In particular, 0887717 agreed to pay a total of $6,000 in cash and to grant an option to purchase shares of their common stock in consideration for the grant of the sole and exclusive right and option to acquire a 100 percent undivided interest in the claims.…

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WednesdayAug 25, 2010 3:25 pm

Deltron, Inc. (DTRO.OB) Secures International Patent Rights for Breathing Valve Technology

Late yesterday after the closing bell, Deltron Inc. announced that on August 4, 2010 the company signed an agreement to secure both domestic and international patent rights for integral components of its highly innovative rebreather technology. The company has acquired the marketing and development rights to a highly innovative breathing valve and mouthpiece design comprised of a bailout valve, mouthpiece and valve unit for its leading edge rebreather systems. The acquisition gives its Blu Vu division the right to develop new products based on the technology and to license the technology to other manufacturers throughout the United States, Europe and…

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WednesdayAug 25, 2010 1:52 pm

Command Center, Inc. (CCNI.OB) Reports 43% Increase in Revenue for August

Command Center, www.commandonline.com – a leading US provider of on-demand employment solutions in the focus areas of light industry, disaster relief, hospitality, and event services, reported excellent financial data today which demonstrates that the month of August, despite a choppy labor market, has proved eminently navigable by CCNI: • Revenue up 43% to $5.98M ($4.18M same period in 2009) • Average Weekly Revenue by Store up 43% across the board, or $29k per store ($20k in 2009) This is rather astounding revenue growth for a company which added no new company-owned stores to its network of 51 during the interval.…

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WednesdayAug 25, 2010 1:49 pm

PROLOR Biotech, Inc. (PBTH) Cleared by FDA for US Phase II HGH Trials

PROLOR, www.prolor-biotech.com – the biopharma firm utilizing a proprietary CTP technology to commercialize longer-acting, biologically improved versions of existing/approved therapeutics, reported receiving FDA regulatory clearance yesterday for Phase II clinical trials of hGH-CTP, the Company’s improved and longer-acting human growth hormone. The CTP technology allows PBTH to isolate short, naturally occurring amino acid sequences and develop them into cheaper, safer, easier to implement and more effective human growth hormones. FDA approval follows fast on the heels of PBTH’s submission of an investigational new drug application for hGH-CTP, which contained extensive preclinical and Phase I data, in addition to proposed pre-Phase…

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