latest news releases from the newsroom
Universal Property Development and Acquisition Corporation
Canyon Creek Oil and Gas Inc. Makes Third Acquisition -- Flow Test Indicates Significant Gas at Giddings Gas Field Site
HOUSTON, Sept. 15, 2005 (PRIMEZONE) -- Canyon Creek Oil & Gas Inc. (A Joint Venture Company between Universal Property Development (OTCBB:UPDA) and USProduction & Exploration, LLC (USPX), a privately held Company) today announced its third acquisition, an 80-acre lease in Fayette County, Texas. The lease is located in the Giddings Gas Field, one of the largest producing gas fields in Texas. The lease has a shut-in gas well, the No. 1 Baron that was completed in March 1986 flowing gas from the Austin Chalk formation. In the Giddings Gas Field, the Austin Chalk formation is found below 12,000 feet.
StockGuru.com Announces Profile Coverage of Bad Toys Holdings, Inc.
DALLAS, Sept. 15, 2005 (PRIMEZONE) -- John Pentony, Publisher of StockGuru.com announced today that the Web site has initiated profile coverage of Bad Toys Holdings, Inc. (OTCBB:BTYH). Bad Toys Holding is a publicly traded Nevada corporation that participates in two distinct business segments: medical transportation and motorcycle equipment sales. The company's corporate offices are located in Kingsport, TN.
CDMA Development Group
CDMA2000 Operators Focus on Converged Services to Drive Growth and Revenue
COSTA MESA, Calif., Sept. 15, 2005 (PRIMEZONE) -- At a press conference hosted by the CDMA Development Group (CDG) (www.cdg.org) during the 3G CDMA Americas Congress this week, leading operators from the Americas and Asia discussed their successes with CDMA2000(r) and strategies for next-generation services. Luis Avelar, Executive Vice President, VIVO; Gerry Flynn, Director, Advanced Technology Strategy/Standards, Verizon Wireless; Tadashi Onodera, President, KDDI; Barry West, Chief Technology Officer, Sprint Nextel and Greg Young, Chief Technology Officer, Tata Teleservices shared their experiences and the unique opportunities they see for CDMA2000 in Brazil, the U.S., Japan and India.
Dover Petroleum Corp.
Dover Petroleum Announces Completion of its Three Well Drilling Program
TORONTO, Sept. 15, 2005 (PRIMEZONE) -- Dover Petroleum Corp. (Pink Sheets:DVPC) today announced that the Company and it's exploration partners set production casing in the 3rd well of its successful three well drill program. Completion of these wells will commence next week and we anticipate all of the wells will be producing in approximately thirty days. Although it is premature to predict commerciality, or initial rates of production from these wells, we are pleased with the preliminary drilling results.
Green Energy Resources
Biomass Power Could Replace Two Nuke Plants, Meet Emissions Goals; Green Energy Resources Hits 3rd Quarter Profit Target
HUNTINGTON, N.Y., Sept. 15, 2005 (PRIMEZONE) -- Green Energy Resources (Pink Sheets:GRGR), citing the New York Times (September 14), has learned biomass-generated power could be the solution to the nuclear debate in New England. Two nuclear power plants, one located in Vermont, the other in New Jersey, are approaching decomissioning in 2012. The central issue is how to replace existing low emissions nuclear plants with lower emissions generated electricity under the newly agreed upon nine (9) state compact to reduce greenhouse gases. The two power plants represent a potential market expansion of 20 million tons annually of biomass of carbon neutral emissions. Green Energy Resources is looking to capitalize on the market expansion and is currently engaged in talks with several New England utilities.