Blog - Page 3535 of 5765

ThursdayJun 02, 2011 9:26 am

Gastar Exploration Ltd. (GST) Provides Update on U.S. Oil And Gas Operations

Gastar Exploration Ltd. recently disclosed an operational update on the company’s oil and gas activity in the United States. The company is active in developing various formations in West Virginia, Pennsylvania and Texas. Gastar Exploration reported that it has finished drilling two horizontal wells in West Virginia that are targeting the Marcellus Shale formation. The company said that the two wells were drilled with lateral lengths of 4,700 and 5,700 feet. Gastar Exploration anticipates conducting hydraulic fracturing operations on these wells in June 2011, with production expected to start the following month. The company owns a 50% working interest in…

ThursdayJun 02, 2011 9:18 am

API Technologies Corp. (ATNY) Acquires Spectrum Control, Inc.

API Technologies Corp. announced yesterday the successful completion of their acquisition of Spectrum Control, Inc. (SPEC). API completed the acquisition via a merger of a wholly-owned subsidiary with and into Spectrum. The closing of the acquisition of Spectrum Control, Inc. allows API Technologies Corp. to gain significant expertise in RF, sensors and measurement, as well as power systems management technology. In addition, this acquisition provides significant scale, manufacturing capacity, and product diversity. As a result of the merger, all outstanding shares of Spectrum Control, Inc. common stock were converted into the right to receive $20.00 per share in cash, without…

WednesdayJun 01, 2011 4:09 pm

BioLife Solutions (BLFS) Provides Updates on Growing Customer Base and Product Demand

BioLife Solutions Inc., a leading developer and manufacturer of clinical grade biopreservation media products for cells and tissues, today issued a corporate update. The company said the number and quality of life science organizations using the company’s products are improving, with these customers now purchasing HypoThermosol® and/or CryoStor® to support the development of new regenerative medicine products and therapies. “We continue to acquire new regenerative medicine customers who are aware of growing regulatory oversight of reagents used in the manufacturing, storage, and delivery processes of novel cell- and tissue-based products,” Mike Rice, chairman and CEO stated in the press release.…

WednesdayJun 01, 2011 4:06 pm

Nuvilex, Inc. (NVLX) Reports Positive Phase 2 Data for Pancreatic Cancer Treatment

Nuvilex today announced favorable results of a completed Phase 2 clinical trial carried out in Europe to combat Pancreatic Cancer. The Company announced last week that it had acquired the treatment technology which involves the use of encapsulated cells. The trial demonstrated both efficacy and an improvement in quality of life, due in large part to the reduction in toxicity levels from lower dose chemotherapy. Highlights of the trial, which were compared to Eli Lilly’s (NYSE: LLY) Gemzar®, the current gold standard chemotherapy, include: • Results demonstrated a 100% increase in patients’ median survival rate; • The 1-year survival rate…

WednesdayJun 01, 2011 4:00 pm

Lighting Science Group Corp. (LSCG) Hits 1 Million LED Bulbs Milestone in Q1

Lighting Science Group Corp., a lighting manufacturer sharing the eco-friendly lighting sector with Cree, Inc. (Nasdaq: CREE) of Durham, NC, announced yesterday that in Q1 of this year it produced one million LED light bulbs. "Today,” observed Lighting Science CEO Jim Haworth in a quiet ceremony, “we celebrate not only past successes, but encouraging present trends, and the promise of a sustainable, job-creating, green future made possible by LED lighting solutions. Indicative of our company's solid growth and numerous accomplishments is that while last year we produced and sold 1 million bulbs primarily in the second half of last year,…

WednesdayJun 01, 2011 3:42 pm

RadNet Inc. (RDNT) Inks a Series of Agreements to Establish Broad-based Radiology Partnership

RadNet Inc., a leading provider of diagnostic imaging services, today announced the completion of a string of agreements in which it will provide an array of radiology services to Pioneers Memorial Healthcare District and related parties in the Imperial Valley region, east of San Diego, Calif. "We are excited about establishing a broad-based radiology partnership with RadNet, and are confident that RadNet's expertise and innovative services will allow us to significantly expand the scope of imaging services at the hospital and in the community,” Pioneers CEO Richard Mendoza stated in the press release. “Combining the strengths of the presence and…

WednesdayJun 01, 2011 3:40 pm

Daktronics Inc. (DAKT) Posts Q4 Results backed by Solid Pipeline and Backlog

Daktronics Inc., a leading global supplier of large screen video displays, electronic scoreboards, LED texts and graphic displays, today posted its fiscal 2011 fourth-quarter financial results. The company reported fourth-quarter revenues of $114.4 million, compared to revenues of $92.0 million for fiscal fourth quarter 2010. Net income for the fourth quarter 2011 was $3.0 million, or $0.07 per diluted share, compared to a net loss of $4.9 million, or $(0.12) per diluted share for the comparable quarter of 2010. Backlog at the end of the fiscal 2011 fourth quarter was approximately $131 million, compared to a backlog of approximately $127…

WednesdayJun 01, 2011 2:27 pm

EnerJex Resources, Inc. (ENRJ) Acquires Kansas Oil Property for $245,000

Today, domestic onshore oil company EnerJex Resources, Inc. announced that it has acquired an oil property in Eastern Kansas for $245,000. The property is close to EnerJex’s existing operations. It consists of 280 undeveloped acres and has the potential to host approximately 110 oil wells, nine of which already been drilled and cased with a 100% success rate. To date, all of the existing wells have encountered two separate oil zones. In the next few months, EnerJex will comingle both zones and commence production relating to this property. EnerJex made it known that it is actively leasing additional acreage in…

WednesdayJun 01, 2011 2:26 pm

CUI Global (CUGI) Picks Liolios for Investor Relations Program

Today, CUI Global announced that they have chosen Liolios Group to head up its new investor relations and financial communications program. CUI revolves around acquiring and developing new technologies, then bringing them to market. Its GasPT2 natural gas metering platform shipped across Europe earlier in May of 2011. Liolios Group is a California-based investor relations firm that specializes in small and micro-cap companies while focusing on delivering performance in corporate messaging and positioning, investor awareness, analyst and financial press coverage, and capital attraction. Liolios has clients in a wide array of industries, including clean technology, consumer & retail, healthcare &…

WednesdayJun 01, 2011 2:24 pm

Hyperdynamics Corp. (HDY) Announces Services and Equipment Contracts for Offshore Exploration Project in Guinea

Hyperdynamics Corp., an independent oil and gas exploration company with prospects in offshore Republic of Guinea, northwest Africa, has announced that AGR Peak Well Management Ltd. has signed contracts on behalf of the Company for materials, long-lead-time equipment, and professional services, which total approximately $12 million. These purchases, which are contained under many separate contracts, will cover the needs of Hyperdynamics’ first two exploration wells that are planned offshore Guinea. The majority of the purchases are inclusive of the materials that will be used in the well itself, such as the casing and piping, a wellhead, cement and drilling fluid.…

Site Search

Company Search