latest news releases from the newsroom
Lundin Petroleum AB
EXPLORATION WELL PL 335 SPUDDED, OFFSHORE NORWAY
The operator is BG Norge AS. Lundin Petroleum is a partner with 18 percent
interest. Other partners are Talisman Energy Norge AS and RWE Dea Norge AS.
Lundin Petroleum is a Swedish independent oil and gas exploration and
production company with a well balanced portfolio of world-class assets in
Europe, Africa, Russia and the Far East. The Company is listed at the Nordic
Exchange, Sweden (ticker "LUPE"). Lundin Petroleum has existing proven and
probable reserves of 176.4 million barrels of o
Asheville House LLC
Asheville House Transitional Living Program Offered for Sale
ASHEVILLE, N.C., Aug. 30, 2007 (PRIME NEWSWIRE) -- Asheville House, a short term transitional living program for adolescents in their latter years of high school and young adults, announced today that the program, along with its campus of residential and educational facilities in Asheville, North Carolina is being offered for sale.
Vostok Nafta Investment Ltd
Vostok Nafta: VOSTOK NAFTA ISSUES CALL OPTIONS TO A GROUP OF EMPLOYEES
At a board meeting on August 30, 2007 it was decided to issue 710,000 of the
authorized 1,000,000 options under the company’s incentive
Program to a group of employees.
The call options may be exercised not earlier than two years and not later than
three years from the time of the granting.
The strike price is set as the average of the last price of the 10 trading days
prior to the decision plus 20%, which for the options above results in a strike
price of SEK 84.66.
Competitive Technologies, Inc.
Competitive Technologies Hosts U.S. Congressman Shays
FAIRFIELD, Conn., Aug. 30, 2007 (PRIME NEWSWIRE) -- Competitive Technologies, Inc. (AMEX:CTT) announced today that they had the pleasure of hosting Rep. Christopher Shays, the U.S. Congressman for Connecticut's Fourth District which includes Fairfield, the location of CTT's offices. The Congressman, who is active on Committees for Homeland Security, Financial Services, and Oversight and Government Reform, visits regularly with business leaders throughout the district, such as CTT.
Legacy Reserves LP
Legacy Reserves LP to Acquire Oil and Natural Gas Producing Properties for $21.4 Million
MIDLAND, Texas, Aug. 30, 2007 (PRIME NEWSWIRE) -- Legacy Reserves LP (Nasdaq:LGCY) today announced that it has signed a definitive purchase agreement to acquire certain oil and natural gas producing properties from a private seller for a purchase price of $15.3 million, subject to purchase price adjustments, to be paid in cash. The properties are located in the Permian Basin near Legacy's existing operations. The acquisition is subject to customary closing conditions and is expected to close by early October, 2007.
MetroCorp Bancshares Inc.
MetroCorp Announces Stock Repurchase Program
HOUSTON, Aug. 30, 2007 (PRIME NEWSWIRE) -- MetroCorp Bancshares, Inc. (the "Company") (Nasdaq:MCBI) today announced that on August 24, 2007, its Board of Directors authorized a stock repurchase program which calls for the repurchase of up to 500,000 shares of the Company's common stock. Transactions may occur from time to time, either on the open market or privately negotiated. The stock repurchase is subject to market conditions, corporate and regulatory requirements.
Lantronix, Inc. Announces Appointments of Bernhard Bruscha and Curt Brown to Board of Directors
IRVINE, Calif., Aug. 30, 2007 (PRIME NEWSWIRE) -- Lantronix, Inc. (Nasdaq:LTRX), a leader in device networking and data center management technologies, today announced the appointments of Bernhard Bruscha, founder and former Chairman of Lantronix, and Curt Brown, former Executive Vice President of Research and Development of the Company, to its Board of Directors, effective immediately. With Bruscha and Brown's election, the Lantronix Board currently has six members.