latest news releases from the newsroom
Sempra Energy Declares Common Dividend
SAN DIEGO, Dec. 3, 2004 (PRIMEZONE) -- The board of directors of Sempra Energy (NYSE:SRE) today declared a quarterly dividend of 25 cents per share of common stock. The current dividend is payable Jan. 15, 2005, to shareholders of record on Dec. 22, 2004.
Montana Oil & Gas, Inc.
Montana Oil and Gas Tying in to Producing West Lock Well
VANCOUVER, B.C., Dec. 3, 2004 (PRIMEZONE) -- Montana Oil & Gas (Pink Sheets:MOGI) President Peter Sanders is reporting today that the operator of the Richmount Westlock well has contracted to lay a four-inch diameter steel pipe gas-gathering system. The gas-gathering system will run for 1.75 miles, and connect the well for production. Commencement of the project will be on December 6, 2004 and should be completed by the end of this year.
Portrush Petroleum Corp.
Portrush Farm-Out of Cranberry/Botha
VANCOUVER, British Columbia, Dec. 3, 2004 (PRIMEZONE) -- Portrush Petroleum Corp. (OTCBB:PRRPF) (TSX Venture Exchange:PSH): An agreement has been reached with an operator that wishes to farm in to the Cranberry/Botha prospect in northwest Alberta. Portrush earned its 30% working interest by participating in the drilling of four wells in 2001. The four wells targeted the Mississipian Pekisko Formation with secondary potential at the overlying Bluesky Formation. The wells were drilled and intersected substantial hydrocarbon sections but were considered uneconomical at the time because of a lack of infrastructure, low production rates and unfavorable oil and gas prices. The ultimate area of interest could encompass 72 sections (46,000 acres) of land.
QLogic Executives to Present at Lehman Brothers T4 2004 Conference
ALISO VIEJO, Calif., Dec. 3, 2004 (PRIMEZONE) -- QLogic Corp. (Nasdaq:QLGC), the company that powers storage area networks (SANs), today announced that H.K. Desai, chairman, CEO and president, and Tony Massetti, vice president and CFO, will deliver a company presentation at the Lehman Brothers T4 2004 Conference, Wednesday, Dec. 8 at 11:30 a.m., at the Fairmont Hotel in San Francisco.