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Strata Oil & Gas Inc. (OTCBB: SOIGF | news | PowerRating | PR Charts ) up 26.2% on 2.5 million shares traded.
Strata Oil & Gas Inc. is a Canadian junior exploration company focused on carbonate-hosted bitumen deposits in the Peace River area of Alberta, Canada. Strata's current total land holdings consist of approximately 112,692 acres with 111,692 acres (approximately 165 sections) being located in the Peace River area. On March 5th, the company announced that it has released its Pre-Feasibility Study on its 100% owned Cadotte Project in the Peace River Oil Sands area of Alberta, Canada. Based on forecast prices and costs, this Pre-Feasibility economic analysis indicates that the development of Strata's Cadotte Project is economically viable with a net present value (discounted at 10%) of cash flows before income taxes of USD $1.2 billion.
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Sonus Networks, Inc. (NASDAQ: SONS | news | PowerRating | PR Charts ) up 5.2% on 8.4 million shares traded.
Sonus Networks, Inc. is a leading provider of voice over IP (VoIP) infrastructure solutions for wireline and wireless service providers. On march 6th, the company reported that it has filed its Annual Report on Form 10-K for the fiscal year 2007 with the Securities and Exchange Commission (SEC). The full audited financial results reported today are consistent with the previously reported preliminary results for the quarter and year ended December 31, 2007.
Fox Petroleum Inc. (OTCBB: FXPE | news | PowerRating | PR Charts ) up 4% on 1.1 million shares traded.
Fox Petroleum Inc. is a Oil and Gas Exploration and Production Company headquartered in London, England, the financial capital of Europe. On March 6th, the company was pleased to announce that it has received positive feedback in a new third-party analyst report released on Tuesday by SISM Research & Investment Services. Authored by analyst Ernest C. Schlotter, the report ran under the title "We Believe Fox Is Currently Significantly Undervalued.
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