latest news releases from the newsroom
Well Renewal, Inc.
Well Renewal Completes Acquisition of Oil Field Services Company
TULSA, Okla., Jan. 4, 2007 (PRIME NEWSWIRE) -- Well Renewal, Inc. (Pink Sheets:WRNW), a rapidly growing diversified oil and gas regional operator, specializing in enhanced recovery methods of abandoned and low-production oil properties, oil field services and petrochemical distribution, today announced it has completed the merger and acquisition of Pro-Formance Oil Field Services, LLC. Well Renewal is also delighted to announce that Jerry Ennis, President of Pro-Formance will join WRNW's management team as President of WRNW's Oil Field Services division. WRNW will immediately utilize Pro-Formance's management expertise in oil and gas field services and assume existing field servicing agreements in KS and OK.
Michelex Corp. Signs LOI Extension in Ag-Pro Bio-diesel Transaction
MASSENA, N.Y., Jan. 4, 2007 (PRIME NEWSWIRE) -- Michelex Corp. (Pink Sheets:MLXO) ("Michelex" or the "Company"), a plastic manufacturing company with its offices in Utah, and an audio record production group located in New York, announced today that it has signed an extension to the Letter of Intent to acquire Ag-Pro, Ltd. allowing it the extra time needed to raise additional capital to complete the Ag-Pro Bio-diesel transaction. If the transaction is completed, it will put the company in the emerging bio-diesel market in the U.S.