latest news releases from the newsroom
Occidental Petroleum Corp.
Occidental to Resume Operation of Historical Properties in Libya
LOS ANGELES and TRIPOLI, Libya, July 29, 2005 (PRIMEZONE) -- Occidental Petroleum Corporation (NYSE:OXY) announced today that the Libyan authorities have approved, effective July 1, 2005, Occidental's recent agreement with Libya's National Oil Corporation whereby Occidental will resume operations in its historical Libyan contract areas. Occidental was required to leave its oil exploration and production operations in the prolific Sirte Basin in 1986 when the U.S. government barred American companies from doing business in Libya. During the interim, the producing properties have been operated by a subsidiary of Libya's National Oil Corporation. While Occidental retained its contractual rights during the sanctions era, the company derived no economic benefits from these operations.
American Football Alumni
Sports Alumni Inc. Signs Agreement for 50 Additional New Players' Representatives Bringing Current Total to 150, and Books an Additional $12,500 in Membership Revenues
LAS VEGAS and HENDERSON, Nev., July 29, 2005 (PRIMEZONE) -- Sports Alumni, Inc. (Pink Sheets:SPNI) announced today that its American Football Alumni's division (http://www.americanfootballalumni.com/) has agreed with Merit Media Inc. (Merit) of Omaha, Nebraska, to enroll an additional 50 Players' Representatives/Sales Force at a set up fee of $250.00 for each new Player Rep. Merit will pay Sports Alumni an initial fee of $12,500.00 in exchange for the right to participate in the subsequent revenues generated by their 50 representative national sales team, plus Merit will receive a small equity position in SPNI. "With this additional strategic marketing partner, plus the previously announced agreement for the initial 100 Players Representatives/Sales Force with the Pennsylvania based Recruiting/Staffing firm, we are now well on our way to establishing our immediate goal of 1,000 Player/Alumni Representatives," said Matt Totty President of Sports Alumni Inc. "Each Player Representative will be managing 500 to 1,000 alumni each and getting a start like this really allows us to educate and grow our coverage in a manageable manner."
Miss Michigan 2005 Comes to Marygrove July 31 for Homecoming Reception
DETROIT, July 29, 2005 (PRIMEZONE) -- Detroit and Marygrove College welcome Octavia Reese, Miss Michigan 2005, home on Sunday, July 31, after receiving her crown June 19 in Muskegon. Octavia was raised in the West McNichols/Wyoming neighborhood surrounding Marygrove and returns to her roots to celebrate her victory. Neighbors, friends and the community are welcome to meet Miss Michigan in Marygrove's Madame Cadillac Building from 1:30 p.m. to 4:30 p.m. Marygrove is located at 8425 West McNichols Road at Wyoming in northwest Detroit.
Harsco Corporation to Present August 4th at the Jefferies Industrial CEO Summit
HARRISBURG, Pa., July 29, 2005 (PRIMEZONE) -- Worldwide industrial services and products company Harsco Corporation (NYSE:HSC) said today that Company management will be presenting at the Jefferies Industrial CEO Summit on Thursday, August 4, 2005. Harsco's Chairman, President and CEO, Derek C. Hathaway and Vice President of Investor Relations and Credit, Eugene Truett, will discuss Harsco's worldwide growth strategies and business outlook. A copy of the presentation slides will be posted to the Harsco website on the morning of the presentation, at www.harsco.com.
Tekoil & Gas Corporation
Tekoil & Gas Corporation f/k/a Pexcon, Inc. Announces Completion of Acquistion/Share Structure
THE WOODLANDS, Texas, July 29, 2005 (PRIMEZONE) -- Tekoil & Gas Corporation f/k/a Pexcon, Inc. (Pink Sheets:TKGC), an oil and gas exploration and production company, is announcing the completion of the transaction contemplated by that certain Acquisition Agreement dated May 25, 2005 (the "Agreement") by and between Tekoil & Gas Corporation, a Florida corporation (now a wholly owned subsidiary of Tekoil & Gas Corporation f/k/a Pexcon, Inc.); Pexcon, Inc. n/k/a Tekoil & Gas Corporation, a Delaware corporation; and Gerald M. Dunne.