latest news releases from the newsroom
Gulf Western Petroleum Corporation
Gulf Western Petroleum Bushmill No. 1 Flow Tested at 310 MCFD
HOUSTON, Oct. 18, 2007 (PRIME NEWSWIRE) -- Gulf Western Petroleum Corporation ("Gulf Western") (OTCBB:GWPC) (Frankfurt:GER), is pleased to announce flow test results of the Bushmill No. 1 gas unit. The operator has advised Gulf Western that the Bushmill well stabilized at a flow rate of 310 mcfd with a (FTP) Flowing Tubing Pressure of 1120 psi. The Bushmill well was drilled to a total depth of 3196' and completed from 3118' to 3132'.
Red Reef Laboratories International, Inc.
Red Reef Labs Vows to Overcome Effects of Oppressive Short Sales
DEERFIELD BEACH, Fla. and NAPOLEONVILLE, La., Oct. 18, 2007 (PRIME NEWSWIRE) -- Red Reef Laboratories International, Inc. (Pink Sheets:RRLB), a scientific research, development, and marketing group focused on commercializing a variety of chemical and biological products, announced today the company has gathered its files, which we believe make a compelling case against the traders who are short selling RRLB, and provided them to the U.S. Attorney on behalf of our stockholders. As part of our fiduciary responsibility to our shareholders, we feel duty bound to do our part to encourage and support a fair market for RRLB stockholders.
Sierra Gold Corporation
Sierra Gold Corporation Announces Positive Gold Grades for New Gold Bearing Hard Rock Formation
TORONTO, Oct. 18, 2007 (PRIME NEWSWIRE) -- Sierra Gold Corporation (Pink Sheets:SGCP) has just received reports for its first set of samples from a new gold bearing hard rock formation in Sierra Leone. The new zone is narrow but runs for a number of miles in each strike direction. Five pounds of samples collected were processed using local methods. The gold grades were approximately 80 grams per ton (more than 2.5 ounces per ton). A second set of samples is presently being tested with results expected shortly.