latest news releases from the newsroom
Pacific Energy Resources Ltd.
Pacific Energy Resources California Offshore Oil Update
LONG BEACH, Calif., Feb. 24, 2006 (PRIMEZONE) -- Further to the press release of February 22nd 2005, Pacific Energy Resources Ltd. (TSX-V:PFE) is announcing that it has entered into exclusive negotiations on a definitive Purchase and Sale Agreement with Aera Energy LLC regarding a possible sale of its interest in the Beta Oil Field, offshore California. Pacific Energy has completed its due diligence.
Habanero Resources Inc.
Drilling Commences on Habanero Resources' New Alberta Gas Prospect
VANCOUVER, British Columbia, Feb. 24, 2006 (PRIMEZONE) -- Habanero Resources Inc. ("Habanero") (Pink Sheets:HBNRF) (TSX-V:HAO) (Frankfurt:HRJ) is pleased to announce that it has been informed by the operator of the Boyne Lake Prospect that the drill rig is now on site and drilling has commenced. The drilling is expected to take approximately 7-10 days, barring any unforeseen issues. The seismic program on this prospect was comprised of three seismic lines for a total of 8.6 kilometers. The lines tie in the neighbor's successfully tested well (3.4 million cubic feet of gas per day absolute open flow) three quarters of a mile northwest of the property and in addition also incorporate parts of two neighboring sections along with the Boyne Lake Prospects' owned section. This prospect is approximately 75 kilometers away from Athabasca, Alberta. Habanero has a 20% interest in this prospect.
WorldWater & Solar Technologies
WorldWater & Power and NAI Global Sign Agreement for Solar Energy Services
PENNINGTON, N.J., Feb. 24, 2006 (PRIMEZONE) -- WorldWater & Power Corp. (OTCBB:WWAT), developer and marketer of proprietary high-power solar systems, and New America Network, Inc., d/b/a NAI Global, Inc., an international commercial real estate service firm, have announced the signing of an agreement to introduce WorldWater & Power's solar energy and technology to the NAI Global network of commercial property managers and clients.
Discovery Laboratories, Inc.
Discovery Labs Grants 10 Neonatology Fellowship Awards
WARRINGTON, Pa., Feb. 24, 2006 (PRIMEZONE) -- Discovery Laboratories, Inc. (Nasdaq:DSCO) today announced that through its commitment to support and advance neonatal respiratory care, it has granted 10 Neonatology Fellowship Awards to top academic institutions. Each recipient will receive $10,000 to support and cultivate active research in the area of respiratory neonatal medicine. The winners of the 2005 Neonatology Fellowship Award have been announced in the February 2006 issue of Pediatrics.
Telenor: Norwegian Olympic Record
OSLO, Norway, Feb. 24, 2006 (PRIMEZONE) -- Many people have discovered that the Turin Olympics are available on their mobile phones. Telenor has registered that Mobile TV has been accessed more than 200,000 times since the start of the Olympics and up until this Friday."This figure is way beyond our expectations. This is the first real indication of the huge potential of TV on mobile handsets, and will act as motivation for us to strengthen our commitment to Mobile TV. During these Olympics we have really had the chance to test how the service works, and we are now left with only positive experiences," said Director of Division Consumer, Berit Kjoell.
United Online, Inc.
United Online to Present at Jefferies Internet Conference
WOODLAND HILLS, Calif., Feb. 24, 2006 (PRIMEZONE) -- United Online, Inc. (Nasdaq:UNTD), a leading provider of consumer Internet subscription services, today announced that the company will present at Jefferies' 2nd Annual Internet Conference on February 28, 2006 in New York, NY at the Le Parker Meridien (118 W. 57th St.). Mark R. Goldston, chairman, CEO, and president, and Charles Hilliard, executive vice president, finance and CFO, will present at 10:10 a.m. ET (7:10 a.m. PT).
Powel ASA Delivers Software to Telenor Cinclus to Support their AMR-Projects Towards E.on
TRONDHEIM, Norway, Feb. 24, 2006 (PRIMEZONE) -- Powel has signed a contract as a sub contractor to Telenor Cinclus to supply software systems and services that will support their AMR -- project with E.on in Sweden. The delivery towards E.on is a partnership between Tieto Enator and Telenor, with Comsel systems, Eltel Networks and Powel as subcontractors. In this project, the meter collecting software system Powel Elin will be a part of Telenor Cinclus' platform. Powel will deliver software for data collecting and meter data validation for 140.000 E.on customers in Sweden.