latest news releases from the newsroom
Aztec Oil & Gas, Inc.
Aztec Oil & Gas Announces Drilling Progress Update on First New Deep Lake Well
HOUSTON, May 12, 2005 (PRIMEZONE) -- Aztec Oil & Gas, Inc. (OTCBB:AZGS) announced today that the drilling of the first well in the two-well drilling program in the Deep Lake Field in Cameron Parish, Louisiana (state lease 18346), in which Aztec has a minority participation interest, is progressing well and that according to the latest drilling report received on May 11, 2005, the well has now passed a drill depth of 14,000 feet and is approaching the targeted total depth of approximately 14,321 feet. Subject to weather and the availability of equipment, this well is could be logged as early as this weekend.
Volvo: Government Approves Conditional Loan for Trent 900 Aircraft Engine
GOTEBORG, Sweden, May 12, 2005 (PRIMEZONE) -- Volvo: The Swedish Government decided on Thursday to assign the National Debt Office to enter into a loan agreement with Volvo Aero. The loan will finance research and development of Volvo's part of the international cooperation involving the Rolls Royce Trent 900 aircraft engine.
BioMed Realty Trust, Inc.
BioMed Realty Trust Reports First Quarter 2005 Financial Results
SAN DIEGO, May 12, 2005 (PRIMEZONE) -- BioMed Realty Trust, Inc. (NYSE:BMR), a real estate investment trust focused on acquiring, developing, owning, leasing and managing laboratory and office space for the life science industry, today announced financial results for the quarter ended March 31, 2005.
Across America Real Estate Development Corp.
Across America Real Estate Development Secures an Additional Half Million From GDBA LLLP
DENVER, May 12, 2005 (PRIMEZONE) -- Across America Real Estate Development (Pink Sheets:AARD), a national publicly traded company that is an investor partner offering 100% financing for build-to-suit single pad "small box" real estate projects, announced today that it has received an increase in a funding agreement that it completed in November 2004 with GDBA Investments, LLLP, an affiliate and the Company's largest shareholder. This amended agreement will increase its subdebt financing $500,000 to $7.5 million in funding. All other terms of this amended agreement will be the same as the original agreement. The increase in this line of subdebt coupled with the newly established Vectra Bank of Colorado senior debt funding for ten million dollars will allow AARD to support current Company growth.
Allied Irish Banks, p.l.c.
AIB Group Chief Executive Designate Eugene Sheehy Appointed to AIB Board
DUBLIN, Ireland, May 12, 2005 (PRIMEZONE) -- Allied Irish Banks, p.l.c. ("AIB") (NYSE:AIB) is pleased to announce that Eugene Sheehy, who was appointed Group Chief Executive Designate on 10 March 2005, has today been appointed an Executive Director of the Group. Mr Sheehy (51) joined AIB in 1971 and has held a variety of key posts with the organisation. Most recently he worked in the US as Chairman and CEO, Mid Atlantic Division, M&T Bank.
World Golf League, Inc.
The WGL Moves Closer to Network Contract
ORLANDO, Fla., May 12, 2005 (PRIMEZONE) -- The World Golf League, Inc. (OTCBB:WGFL) announced today that it has finalized several issues regarding its Million Dollar Shootout reality television series. The script has been finalized and approved by all parties; the production budget has been approved and contestants have been narrowed to 40 individuals competing for 20 player slots.
University of Rouen Laboratory Announces Completion Of Second Generation Synthetic AFGP
VANCOUVER, British Columbia, May 12, 2005 (PRIMEZONE) -- Dr. Geraldine Deliencourt, of the University of Rouen, has informed ProtoKinetix (OTCBB:PKTX) that their laboratory has completed the engineering of the dimeric class of the synthetic AFGP molecule. A dimeric molecule is constructed in such a way as to provide two active sites thus enhancing the characteristics of the native molecule. Native AFGP has been proven to be a natural source of cellular and tissue antifreeze. Extensive tests around the world have proven this molecule to be a highly effective agent in the preservation of sensitive human cells.
StockGuru.com Initiates Profile Coverage of MEDirect Latino, Inc.
DALLAS, May 12, 2005 (PRIMEZONE) -- John Pentony, Publisher of StockGuru.com, announced today that the web site has initiated profile coverage for MEDirect Latino, Inc. (Pink Sheets:MLTO). Mr. Pentony spoke of the newly profiled company: "MEDirect is a company we are very proud to cover. It is clear that the company has the right vision here. As someone who has worked in Latino television, I am very familiar with MEDirect's target market. MEDirect knows its market, and understands how to reach this market in an efficient manor that should bring significant product demand as the company expands on its marketing efforts this year."
Montana Oil & Gas, Inc.
Montana Oil and Gas Enters into Revenues with West Lock Tie-in
VANCOUVER, British Columbia, May 12, 2005 (PRIMEZONE) -- Montana Oil and Gas, Inc., (Pink Sheets:MOGI) Montana Oil and Gas is very pleased to announce that the operator has advised the company that the tie-in of its 1-5-60-25W4M West Lock gas well has been completed. The pressures are excellent and the well will be ramped up slowly over the next several days. Flow rates will be established based on normal month end production reports, this is procedural and is usually established in the first 10 days or so of the next month. The company expects to have a report on its Sylvan Lake Project in the very near feature, as road bans have begun to be lifted all over the Province of Alberta. The company will issue news when its operators have advised us of the lifting of the said road bans. A full Project Description of Sylvan Lake can be found on the company's news release dated April 29th 2005.