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[Most Recent Quotes from www.kitco.com]

[Most Recent Quotes from www.kitco.com]




MASS Petroleum, Inc. (MASP) is “One to Watch”

QualityStocks (October 15th, 2009) Writes:

MASS Petroleum, Inc. is an oil and gas production company focused on the acquisition of producing oil and gas projects to build their reserves and ensure sustainable growth through focused project development and acquisitions. The company engages in the acquisition of producing oil and natural gas wells, interests, and leases from existing companies, governments, and through the open market.

MASS Petroleum has shifted their focus from Russia to North America to take advantage of stable low to medium risk opportunities. This decision was made due to current economic conditions. The target acquisitions offer both a stable production base and low risk drilling opportunities. This combination promises to provide MASS with steady cash flow for continued exploration and development in the Western Canadian Sedimentary Basin.

MASS Petroleum’s primary objective is to make strategic acquisitions balanced with focused exploration and development plans, building core production areas with significant undeveloped land, high working

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Velocity Energy Inc. (VCYE) Closes On Purchase of Appalachian Assets

QualityStocks (October 12th, 2009) Writes:

Velocity Energy Inc. announced the purchase of producing natural gas wells and partially developed acreage in the Appalachian region in the Northeastern United States. Velocity Energy Inc. purchased the assets from a private company and did not disclose the purchase price.

Velocity Energy Inc. said that the sale included 13,500 net acres of oil and gas properties, which are currently producing 2 million cubic feet per day of natural gas from several shale formations. These formations include the Ravencliff, Maxton, Big Lime, Berea, Gordon and the Cleveland and Huron Shales. The company said that the purchase would give it 60 future locations on which to drill for future reserves.

Don Vandenberg, the President of Velocity Energy Inc. said, “We have been pursuing this acquisition and other Appalachian acquisitions as we believe that the long history of successful exploitation of Devonian Shale and other shale horizons found throughout the

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Cheyenne Resources Corp. (CYRS.OB) Announces JV Agreement with Oxalis Energy

QualityStocks (September 15th, 2009) Writes:

Cheyenne Resources Corp. announced this morning that the company has entered into a joint venture agreement with Oxalis Energy Group, Inc., which is headquartered in Katy, Texas.

“This agreement gives us the opportunity to acquire the right to develop four potential oil and gas transactions,” commented Cheyenne Resources President Thomas J. Cunningham. “They include development of 200 natural gas wells — in 10 well increments — in Crockett County. Proven reserves at these sites are 100 billion cubic feet of natural gas.”

“In Jim Wells County,” Cunningham continued, “we will be focused on development of a secondary oil and natural gas recovery program that is comprised of 40 wells, with a 10 well at a time recovery program. This site has proven reserves of 30 million barrels of oil and 17 billion cubic feet of natural gas.”

“As we noted earlier, we are involved in confidential negotiations on these projects and the

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Insight Management Corp.’s (ISIM.OB) CEO Recognizes Increasing Demand for Natural Gas Well Servicing

QualityStocks (August 18th, 2009) Writes:

Insight Management Corp.’s President and CEO, Jennifer Rapacki, today commented on the current uptrend in the domestic natural gas services market.

“While existing natural gas wells continue to demand maintenance, new drilling activity should create added demands for service,” Ms. Rapacki noted. “We are now seeing an increase in leasing activity and are very encouraged about how that will translate into higher revenues for service companies like ours in the remainder of this year.”

Natural Gas well servicing is a major source of revenue for Insight’s wholly-owned subsidiary, Rebel Testing, Inc. Maintaining a fleet of pump hoist trucks to service natural gas well pumps, and services and pressure tests blow out preventers, the subsidiary continues to see increased demand for its services, according to Ms. Rapacki.

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ISIM, SECI, CGYV, QMCI, DEGY, PVCT, HLXW Stock-PR OTC Stock Report August 18, 2009

stock-pr (August 18th, 2009) Writes:

Stock-PR OTC Stock Report August 18, 2009

Insight Management Corporation (OTCBB: ISIM) President and CEO, Jennifer Rapacki, August 18, 2009 commented on positive trends in the domestic natural gas services market. “While existing natural gas wells continue to demand maintenance, new drilling activity should create added demands for service,” Ms. Rapacki noted. “We are now seeing an increase in leasing activity and are very encouraged about how that will translate into higher revenues for service companies like ours in the remainder of this year.”

Sector 10, Inc. (OTCBB:SECI) (Frankfurt:4SR) announced that it has submitted proposals to multiple cities regarding the deployment of the Pilot PLX-3D system. The proposals were sent in response to inquiries received from the announcement of the Pilot PLX-3D deployment program in the July 21, 2009 press release. The PLX-3D deployment and the related installation of SRU’s are designed to help communities better prepare for emergencies, disasters and

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Ecosphere Technologies, Inc. (ESPH.OB) Treatment System Approved for Water Recycling Plant

QualityStocks (July 20th, 2009) Writes:

Ecosphere Technologies, Inc., a diversified water engineering and services company primarily focused on the natural gas industry, announced that the Corporation Commission of Oklahoma approved a permit application by Newfield Exploration Mid-Continent, Inc. to build and operate a water recycling plant utilizing the Ecosphere Ozonix Water Treatment System for two years. Newfield is now able to process frac flowback water into freshwater and brine utilizing Ecosphere’s Ozonix System.

Ecosphere Energy Services, LLC, President, Dennis McGuire stated, “We appreciate the Commission’s granting of the permit to utilize our Ozonix technology in Oklahoma. Their representatives visited our site twice during the pilot program to witness the Ozonix System working and took samples for independent testing. It was a lengthy and deliberate procedure to gain Commission approval and their efforts will help to preserve Oklahoma’s precious water resources.”

He continued, “The Ecosphere Ozonix System will also result in fewer trucks on the road hauling water

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Weatherford Weathering Downturn – Analyst Blog

Zacks Market Commentaries (July 2nd, 2009) Writes:

Weatherford Weathers Downturn on International Strength

Weatherford International (WFT), which recently moved its corporation to Switzerland from Bermuda, is a leading manufacturer and provider of equipment and services used in drilling, completion and production of oil and natural gas wells. The company carries out its operations along four geographical segments: North America, Latin America, Europe/West Africa/CIS and Middle East/North Africa/Asia.

Weatherford's large North American presence has become a liability in the current environment of tentative natural gas prices. But the company has a growing international footprint, particularly in the Eastern Hemisphere. International markets accounted for a little over 50% of total revenue earned last year, a ratio that is expected to materially increase this year due to the current slowdown in North American activity levels.

The slowdown in international activity levels is expected to be much less pronounced (an approximately 10% drop is expected from the 2008 levels), which works to

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Weatherford to Start Paying Off – Analyst Blog

Zacks Market Commentaries (March 5th, 2009) Writes:
Weatherford International, Ltd. (WFT) is a leading manufacturer and provider of equipment and services used in drilling, completion, and production of oil and natural gas wells. The company reorganized its operations along geographical lines, creating the 4 new segments of North America, Latin America, Europe/West Africa/CIS, and Middle East/North Africa/Asia.Weatherford's 4th-quarter 2008 earnings, though modestly lower than our estimates, were above the year-earlier levels. Looking forward, a positive outlook for its integrated project management expertise, an improved cost structure in North America, and an expected double-digit growth in international business will help the company to weather current downturn.Weatherford's heavy investments over the last few years in international expansion have positioned it to better navigate the current North America-centric slowdown. Our Buy recommendation remains unchanged, though we have lowered our estimates and price objective. Read the full analyst report on "WFT"...

Following 100% Success Rate on Initial Drilling Program, Vortex Resources Corp. (VTEX.OB) Exercises Option on Fifth Well

QualityStocks (November 17th, 2008) Writes:

Today before the bell, Vortex Resources Corp. announced that it is exercising the option to drill its fifth well in Adams-Baggett Field in Crockett County, Texas. The decision to move forward and drill a fifth natural gas well was made after the successful drilling of three wells in the Adams-Baggett area. Results from the fourth well have not been received as of this time.

As reported last week in a press release, two natural gas wells were successfully drilled and completed frac treatment on October 27, 2008. The third and fourth wells are expected to reach completion on or about December 5, 2008. Once these two wells are completed, the company will make plans to begin drilling on the fifth well.

Yossi Attia, CEO of Vortex, stated, “We are very excited about the direction we are headed with Vortex Resources. The new President-Elect has

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Vortex Resources Corp. (VTEX.OB) Updates Shareholders on Drilling Activities

QualityStocks (November 13th, 2008) Writes:

Today, Vortex Resources Corp. released an update concerning its drilling operations in Crocket County, TX. So far the company has drilled three successful natural gas wells. All three of these wells (42-105-40868, 42-105-40820 and 42-105-40720) are located in the Adams-Baggett Field and will be producing from the Wolfcamp Canyon Sandstone reservoir.

Vortex Resources utilized the services of Weatherford in fracing and competing Well 42-105-40868 and Well 42-105-40820. Well 42-105-40868 was drilled to 4,708 feet and was successfully completed after frac treatment on October 27, 2008. Well 42-105-40820 was drilled to 4,672 feet and was successfully completed after frac treatment on the same date. According to the press release, both wells are scheduled to be connected to a pipeline operated by Millennium on or about November 26, 2008.

42-105-40720, the company’s third discovery well, is anticipated to be completed on or about December 5, 2008.

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