latest news releases from the newsroom
Occidental Petroleum Corp.
Photo Release -- Occidental to Develop Major Oman Oil Field
LOS ANGELES, July 14, 2005 (PRIMEZONE) -- Occidental Petroleum Corporation (NYSE:OXY) announced today that a Royal Decree has been issued by the Sultanate of Oman approving the contract for the development of the Mukhaizna oil field, one of the largest oilfields in Oman. Under the terms of a new Production Sharing Contract, Occidental will be operator of the field and hold a 45 percent interest, the Government of the Sultanate of Oman, through Oman Oil Company, will hold a 20 percent interest, 17 percent will be held by Shell Oman Trading Company Limited, 15 percent by Liwa Energy Ltd. (an investment company of the Government of Abu Dhabi), Total E&P Oman will hold a 2 percent interest, and Partex (Oman) will hold 1 percent.
Collaborative Agreement Reached with Premier Research Institution
VANCOUVER, British Columbia, July 14, 2005 (PRIMEZONE) -- ProtoKinetix, Inc. (OTCBB:PKTX) announces a major collaborative agreement with one of the world's most prestigious blood specialty institutions. The Etablissment Francais du Sang-Alsace (EFS), which is affiliated with the Louis Pasteur University in Strasbourg, provides the premier research facilities in the field of hematology. EFS will be deploying their considerable physical and intellectual resources to the testing of synthesized AFGP characteristics as they apply to the preservation of blood products. With extensive world wide operations in Europe, Asia, Africa, and South America, EFS is in a unique position to identify the vital role that synthetic AFGP can play in the storage and transportation of blood products throughout the world.
First Equity Group
StockMarketNewsAlert.com Introduces Insystcom, Inc.
DEERFIELD BEACH, Fla., July 14, 2005 (PRIMEZONE) -- Insystcom, Inc. (Pink Sheets:ISYJ) is new to StockMarketNewsAlert.com. Insystcom, Inc. is a Company that provides interactive entertainment solutions to the cruise ship and luxury resort industries through its proprietary technology SeaLynx(tm) and ResortLynx(tm).
Tele2 Acquires Comunitel in Spain
STOCKHOLM, Sweden, July 14, 2005 (PRIMEZONE) -- Tele2 AB, ("Tele2"), (Stockholmsborsen:TEL2A) (Stockholmsborsen:TEL2B), the leading alternative pan-European telecommunications company today announced that it has acquired Comunitel, one of Spain's largest alternative telecoms operators. This acquisition consolidates Tele2's position in Spain as one of the incumbent's main competitors.
Visiphor Clarifies Possible Stock Symbol Confusion
VANCOUVER, British Columbia, July 14, 2005 (PRIMEZONE) -- Visiphor Corporation ("Visiphor") (OTCBB:VISRF) (TSX-V:VIS) (DE:IGYA) wishes to clarify that its correct trading symbols are VIS on the TSX Venture Exchange and VISRF on the OTCBB. It does not trade under the symbol VIS-V; this was the symbol of a company named 3D Visit Inc. which was a reporting issuer in the Province of Ontario that was cease traded on February 8, 2003. Visiphor is not in any way affiliated with nor does it have any business arrangement with 3D Visit Inc.