According to BP, the country has the fifth largest reserves in the region and the infrastructure to support it through 5 major pipelines to a Caribbean port. The company, however, did not jump right into its 50% ownership of the Rosa Blanca tract in Columbia. It has 100% interest in 23 drilled wells and 10 producing wells located in Texas and Oklahoma.
Generally speaking, the company has moved to expand its operations in Columbia for the opportunities that exist. The country has vast tracts of unexplored oil and gas positions and is actively working to lure oil companies back to a country that has gained notoriety. The country has become a net exporter of oil in recent years with government trying to offer almost any concession to increase its world oil reputation. Osage Exploration may be exploring fairly far from home, but it is beginning to play the oil and gas game with the big boys in hopes of tapping an oil and gas source some may have missed.
Cross Atlantic Commodities, Inc. (CXAC.OB) Management Team Optimistic for the Second Half of 2008
The senior management team of Cross Atlantic Commodities, Inc. (CXAC.OB), a manufacturer, distributor and marketer of nationally branded commodities, food and general merchandise, recently announced optimism regarding the second half of 2008 and further updated the company’s shareholders and the investment community of its continued progress and growth.
Cross Atlantic Commodities plans to aggressively produce and market the company’s core products, including Fruit 2 Go® and Spray n Shine during the short- and long-term. In addition, the company has continued to pay down its debt during the past two quarters and management reported that operating momentum remains strong in the third quarter.
One shift in the business plan for Cross Atlantic Commodities is the company’s renewed concentration on specialty food and snack-related items, beauty care products and car care items, as opposed to coffee and coffee-related products. The president and chief executive officer, Jorge Bravo, stated that management will also continue to invest in the company as funding becomes available.
GeoPharma, Inc. (GORX) Adds New Distribution Channels for Mucotrol™ in India, Nepal, Bangladesh, Sri Lanka and South Korea
GeoPharma, Inc. (NASDAQ: GORX), a bio-pharmaceutical company with a diversified business model with three main market segments including specialty pharmaceuticals, manufacturing and distribution, recently announced the expansion of the company’s distribution agreement with Cura Pharmaceutical Co., a New Jersey-based pharmaceutical marketing company that focuses on select niche markets through the offering of specialty products and services. Under the new aspects of the agreement, two new regional partners will be allowed to distribute Mucotrol™, an FDA-approved medical device, in India, Nepal, Bangladesh, Sri Lanka and South Korea.
Mucotrol™ is a concentrated oral gel wafer designed as a pain management method for patients suffering from oral mucositis, which is a formation of mouth lesions that commonly present themselves in a patient’s mouth after undergoing chemotherapy treatments for cancer. By forming a soothing coating on the inside of the patient’s mouth, Mucotrol™ dramatically reduces the sensitivity of mouth lesions, improves the general comfort of the patient and makes activities such as eating much more tolerable.
GeoPharma’s expansion of the Cura agreement to include additional worldwide partners is another example of the company’s continued global expansion plan, which includes leveraging its research and manufacturing expertise to develop medical devices and high-margin generic drug products for niche markets with high barriers to entry. The company’s senior management team is pleased that the Mucotrol™ product is generating higher demand and growing its customer base.
Pantera Petroleum Inc. (PTPE) Moving Forward with West Texas Wells, Readying for Bolivia Exploration Program
Today’s energy markets require flexibility and speed. If a company is not looking down the road a bit they will be a bit late in finding their next big payday. Presently, South America is down the road for many oil and gas explorers as many drive to begin drilling. An investor that would like to live on the oil and gas exploration edge is an investor that may come home with a sizable profit.
Pantera Petroleum Inc., an oil and gas exploration and development company, works to exploit oil and gas properties in North and South America. The company is headquartered in Austin, Texas, with affiliated operations in Pecos and Midland Texas. Currently, the company is working projects in Texas USA, Paraguay and Bolivia.
Although the company has vast experience in its work force, it is a fairly young company. This, however, has not hampered its new/old reentry wells in Texas. It has several leases and various ownership positions. History is the company’s primary driver at the moment as it assesses past production levels of wells it is reopening. Major oil concerns are located adjacent to the company’s sites and have been finding great successes – making the chances of company successes solid by association. Although the company is essentially just getting started with its Texas properties, it isn’t sitting still and being complacent about its exploration efforts. South America has, in recent times, become a magnet for oil and gas exploration companies. Pantera Petroleum is no exception and has been attracted to the opportunities available. In this regard, the company has gained rights to over 4 million acres of unexplored oil and gas territory in Paraguay and Bolivia.
As the number of oil and gas exploration companies multiplies to take advantage of current price moves, many companies are just now beginning to move farther afield with their exploration activities. Most are involved with exploration but many are gearing up for production. Pantera Petroleum is readying itself to join this group. It may be a step or so behind the main pack of oil and gas explorers but it has a very large region to work with as it goes about exploring its rights to 4 million acres. Pantera Petroleum may have been late to the table, but it is certainly eating healthily on its Texas properties while considering the possibility of South America for dessert.
Superlattice Power Inc. (SLAT.OB) Develops New Synthesis Process to Assist Large-Scale Production of Lithium-Ion Batteries
Superlattice Power Inc. (SLAT.OB), based in Mooresville, North Carolina, is an emerging leader in the development and marketing of lithium-powered batteries. The company is pleased to announce that it has developed a new synthesis process that will aid in the advancement of large-scale lithium-ion battery production.
Superlattice is developing anode and cathode materials that will be used in a variety of applications, such as high-power to high-energy. The technical team has developed a unique series of metallic anodes that will be used in conjunction with the company’s proprietary high-capacity cathode material that is in a superlattice structure.
Commercially used anodes on the market today, such as carbon-based graphite or MCMB, undergo a passive layer formation on the surface. However, the layering process limits the cycle life of the material. Both silicon and metal oxide anodes experience the same issue, where the material degrades during repeated charge and discharge cycles. The synthesis process of these materials has not advanced enough for large-scale production.
Instead of changing the layering process, Superlattice took on the challenge of utilizing more abundant, less expensive metal elements as a base material. The technical team found a way to tailor the physical properties and chemistry of the material into a more stable anode form.
Superlattice has already been able to apply the new synthesis process into large-scale production of phase pure cathode material. The next step will be to implement the process for large scale production of anode material.
This latest technological breakthrough moves Superlattice closer to its goal of creating an efficient and lightweight next-generation lithium-ion battery that will be used in all types of rechargeable power systems.
Renewable Energy Veterans Join Second Wind Inc. Board of Directors
Second Wind Inc. is a private company whose mission is to advance the use of wind data to make wind energy more profitable for owners, painless for operators and practical for consumers. The company develops ground-breaking hardware and software products related to wind data. About half of all wind turbines installed in the US in the last decade use Second Wind software. That is approximately 15% of all wind turbines - in total; the company’s software monitors more than 6000 turbines and 4 gigawatts of wind generated electricity worldwide.
The company was founded in 1980 by Walter Sass and Kenneth Cohn. Recently, Inc. magazine ranked Second Wind on it’s first-ever list of the fastest-growing 5000 private companies in the US. Second Wind’s ranking was based on the company’s 27% revenue growth from 2003 to 2006. In December 2007, Second Wind secured $4 million in second round financing from Good Energies, a leading global investor in the renewable energy and energy efficiency industry.
On July 17, 2008, Second Wind announced that Mark Haller and Jonathan Winer were joining the company’s board of directors. Both gentlemen bring a wealth of experience in the energy industry to the company’s board of directors. Mr. Haller brings with him more than 25 years of experience in the renewable energy industry from positions across the country and in Germany. He is currently with Haller Wind Consulting.
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