August 2009 - Page 22 of 33

WednesdayAug 12, 2009 8:54 pm

Manas Petroleum (MNAP.OB) Drills Second Well in Kyrgyzstan

Manas Petroleum reported that it has started drilling its second exploratory well in Kyrgyzstan, a country located in central Asia. The well, called the Huday Nazar SPC-1, is set to be drilled to a depth of 2400 meters and take from 30-40 days to complete. The company has six exploration licenses in Kyrgyzstan covering 3,152 square miles. Manas Petroleum has an agreement with Santos International Holdings Pty Ltd to jointly develop its acreage contained in these licenses. Manas Petroleum is targeting the Fergana Basin, which is located between two existing producing fields nearby. Oil was first discovered in the Fergana…

WednesdayAug 12, 2009 4:40 pm

Conquest Petroleum, Inc. (CQPT.OB) Provides Status on Delhi Restoration

Conquest Petroleum Inc., an oil and gas operating company located in the Woodlands, Texas, announced today that it is continuing progress on the Delhi Field restoration project. Currently, three wells have been restored to some stage of production, and although the final rates have not yet been determined, collectively the company anticipates initial sustained production of about 40-60 barrels per day based on data gathered so far. These flow rates should increase as Conquest Petroleum increases the injection of salt water in the reservoir to raise the bottom hole pressure. Robert D. Johnson, the Company's CEO, commented, "The Delhi Restoration…

WednesdayAug 12, 2009 4:09 pm

Data Call Technologies, Inc. (DCLT.OB) Now Services Clients Located in 36 Different States

Data Call Technologies, Inc. announced after the closing bell today that, to date, the company’s products and services are being delivered to 36 U.S. states. CEO and Co-Founder Tim Vance commented, “Our immediate plans are to expand into the remaining states, as well as work our way into other global markets.” Approximately 5 years ago, Data Call began supplying a basic package of information feeds to a few digital signage deployments in Texas. At the time, the company’s aim was to add to, refine, and polish the services provided to a young, rapidly growing industry. Since then, the industry as…

WednesdayAug 12, 2009 9:49 am

Kraig Biocraft Laboratories, Inc. (KBLB.OB) Very Pleased With its Progress

Kraig Biocraft Laboratories, Inc., the Michigan-based company pioneering the use of genetic engineering to produce spider silk, recently announced that, during the months of May, June, and July, their scientific team succeeded in its goal to scale up the number of genetic insertions performed. The company has developed an efficient way to insert into silkworms the genetic material used by spiders to produce silk, with the goal of getting silkworms to produce commercially viable spider silk. The team, led by Malcolm J. Fraser, Ph.D., had an initial goal of doubling the number of DNA construct insertions performed in May. As…

WednesdayAug 12, 2009 9:45 am

Sunergy, Inc. (SNEY.OB) Appoints Karl A. Baum Manager of West African Business Development

Sunergy, Inc. is a company on the rise. While already having a reputation for their aggressive junior mining exploration and development, Sunergy took a major step towards a prosperous future by bringing in Karl Baum to an already impressive management team. Mr. Baum, who will manage West African Business Development for Sunergy, brings a wealth of experience and local knowledge that will be pertinent to the young company’s new endeavors. He has over 5 years of experience within West Africa serving as the General Manager for (2) small-scale exploration and gold mining operations within The Republic of Ghana with 7,000…

WednesdayAug 12, 2009 9:01 am

Beacon Equity Research Featured Company: SOHM, Inc. (SHMN.PK)

SOHM, Inc. is a generic pharmaceutical manufacturer that produces and markets generic drugs covering all major treatment categories. Sohm Inc.’s focus is on less developed countries, whose steady prosper is allowing them to spend more money on health care. Markets such as Africa, Latin America and Southeast Asia, to name a few, are benefiting from generic pharmaceuticals. India’s strong market setup, low prices and use of the English language enables it to be the hub of the company’s manufacturing. The ability to respond expeditiously to the needs of their customers, as well as customize shipping methods based on specific customer…

WednesdayAug 12, 2009 8:57 am

Beacon Equity Research Featured Company: Green Star Alternative Energy, Inc. (GSAE.PK)

Green Star Alternative Energy is an eco-energy company focused on changing the way energy is produced. The company recognizes that tomorrow’s bright future is dependent upon the appropriate actions of today. Green Star is developing projects worldwide to meet the need for clean, environmentally friendly methods of energy creation. Currently, the company’s business involves the creation of renewable electricity from the power of wind. This pollution-free and infinitely sustainable form of energy does not use fuel or produce greenhouse gasses. With more than $71 billion of new investment and an overall growth rate of 15%, the renewable energy sector has…

WednesdayAug 12, 2009 8:54 am

Beacon Equity Research Featured Company: Alkane, Inc. (ALKN.PK)

Alkane, Inc. has developed and begun marketing a patent-pending fuel additive that boosts diesel fuel energy and power while reducing consumption. They offer a comprehensive, cost effective solution to address each of the challenges common to engines. With the increased amount of diesel-powered vehicles, the demand for diesel fuel additives has increased dramatically. Diesel fuel additives not only help diesel powered vehicles become more fuel efficient, but they are also helpful to the environment. Alkane stands above the rest due to its ability to reduce fuel and maintenance costs, while improving the performance and extending the life of the engine.…

WednesdayAug 12, 2009 8:31 am

EV Innovations Inc. (EVII.OB) Applauds GM for Breaking the Triple Mileage Barrier

EV Innovations Inc., a 21st Century Design & Engineering of emission-free automotive propulsion systems using the latest lithium battery technology, congratulated GM this morning for being the second company to break the Triple Mileage Barrier. The company’s chief engineer, Ron Cerven, commented, "It is great to see a big player like GM following in our footsteps and breaking the Triple Mileage Barrier." According to the press release, EV Innovations was first company to surpass 100 MPG when on June 17th, the 2010 LiV Wise achieved 211 miles on one single charge. EVII's Director of Government Sales, Holly J. Armstrong, stated…

WednesdayAug 12, 2009 7:42 am

Savoy Energy Corp. (SNVP.OB) Executes Initiative to Reduce Environmental Impact and Operating Costs

Savoy Energy Corporation announced this morning that it is converting all applicable wells to operate on electricity as a source of energy to help lower maintenance costs and increase efficiency. The company commenced the conversion initiative Monday of this week to have electricity provided to those well sites. "Electricity is cheaper as an energy source and electric motors don't have the same maintenance issues as gas operated engines. Our Rozella Kifer well, which will soon be fitted with a jack shaft reducer, already operates on electricity. It's our way of contributing to the protection of the environment and we intend…

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Month: August 2009