Free Trial!
Today’s Best Stocks To Trade! Click Here
Having recently announced that they have completed the purchase of Buccaneer Energy Corp. oil assets, Nitro Petroleum, Inc. (OTCBB: NTRO) should have the attention investors. Monday after the markets closed, the company issued a press release announcing that the Company has completed the Crown Lease project. This oilfield development project is located in Pottawatomie County, Oklahoma.
This is great news for the company! Nitro will carry out remedial reworks on Crown #1 and #3. The wells will be re-entered and re-equipped in the Hunton, Lime and 1st Wilcox Sand. A third well will be converted into a salt water disposal well. In addition the rework program is to include installing tank battery systems, electrification, and lying of pipelines and all necessary equipment to put the wells back in production.
The company has the availability to drill two new wells on the Crown Lease.
Nitro will have a working interest in all future production. Nitro will be the Operator of this project.
As a result of the farm in by Toro Ventures, Inc., Nitro will earn varying working interests in the existing well bores and future offset wells to be drilled. Cash flow from this partnership will enable Nitro to pursue additional Oil & Gas projects.
Watch this company very closely!
To view a Wall Street News Alert profile of Nitro Petroleum, Inc., visit http://www.WallStreetNewsAlert.com/HotStocks/NTRO031108/default.aspx NTRO closed Tuesday at Thirty Four cents a share.
Other Stocks of interest yesterday were:
Atlantis Technology Group (OTCBB: ATNO | news | PowerRating | PR Charts ) down 25.7% on 23.8 million shares traded.
Atlantis Technology Group was formed to develop privately held and publicly traded technology companies that focus on high-growth investments at the leading edge of business and technological innovation. On March 11th, the company announced that their wholly owned subsidiary Global Online Television Corporation (GOTV) www.globalonlinetelevision.com will include Online Video Gaming from websites such as gametap.com. Other variations of Video Gaming content will be available on the HD / PVR upgradeable package at no additional charge.
Asia Global Holdings Corp. (OTCBB: AAGH | news | PowerRating | PR Charts ) up 22.2% on 971,000 shares traded.
Asia Global Holdings Corporation has a strong focus on building business in China and other emerging regions and markets in Asia and Worldwide. On March 11th, the company announced that Idea Asia Limited (Idea Asia), a wholly-owned subsidiary of AAGH, has entered into an option agreement with Sony Pictures Television International (SPTI) giving Idea Asia the first opportunity to license the TV game show format "Blackjack Bowling" from SPTI to adapt and produce a local version of the format in China.
CSMG Technologies, Inc., (OTC BB: CTUM | news | PowerRating | PR Charts ) up 5.4% on 176,000 shares traded.
CSMG Technologies, Inc. is a technology management company that finances, owns, develops, licenses and markets innovative advanced technologies and business opportunities that are created in the country of Ukraine, through a network of scientific institutes and private organizations for large growing markets. On March 11th, the company announced that they have contracted a top Ukraine Oil and Gas design engineer, Sergiy V. Sukhostavets, to head the company's equipment design and development of state-of- the-art processes for its energy projects.
The advertisement is provided by Wall Street Enews, a division of Stock Market Alerts LLC, an electronic broadcaster and publisher of this release, and hereafter referred to as "the company". The company has not received compensation for services performed for Nitro Petroleum, Inc. (OTCBB: NTRO). However, the company maintains a contractual, working relationship with Wall Street Capital Funding, which has been compensated Thirty Six Thousand Dollars for services performed for Nitro Petroleum, Inc., by third party, TI Consulting Inc., who is non-affiliated and may hold a significant position in the stock, for services provided including dissemination of company information in this release. WSCF holds no shares of the stock. Because compensation was received for services, there is an inherent conflict of interest in the company statements and opinions and such statements and opinions cannot be considered independent.
The information contained in this press release is for informational purposes only, and not to be construed as an offer to sell or solicitation of an offer to buy any security. The company makes no representation or warranty relating to the validity of the facts presented nor does the company represent or warrant that all material facts necessary to make an investment decision are presented above. Stock Market Alerts LLC is an advertising company and therefore, this release should be viewed for informational purposes only.
The company relies exclusively on information gathered on the public company, such as public filings, press releases and its web sites. Investors should use the advertising information contained in this release as a starting point for conducting additional research on the public company in order to allow the investor to form his or her own opinion regarding the public company. Factual statements contained in this publication are made as of the date stated and they are subject to change without notice. The company is not a registered investment adviser, broker or a dealer.
Investing in the public company that this release is providing service for should be reviewed as speculative and a high-risk and may result in the loss of some or all of any investment.
This release may contain statements that constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended. The words "may," "would," "will," "expect," "estimate," "anticipate," "believe," "intend," and similar expressions and variations thereof are intended to identify forward-looking statements.
CONTACT: Wall Street Enews email: info@wallstreetenews.com
M2 Communications Ltd disclaims all liability for information provided within M2 PressWIRE. Data supplied by named party/parties. Further information on M2 PressWIRE can be obtained at http://www.presswire.net on the world wide web. Inquiries to info@m2.com.
More News:
Market Updates |
Stock Alerts |
All Trading News |
Stock Index
About TradingMarkets | Contact | Advertise | Careers | Link to Us | Site Map | Help | Terms & Conditions | Privacy Policy | Return Policy | Testimonials | Feedback
