latest news releases from the newsroom
North American Energy Resources, Inc.
North American Energy Resources, Inc. Drills First Two Wells of Six Well Package
AUSTIN, Texas, Aug. 28, 2008 (GLOBE NEWSWIRE) -- North American Energy Resources, Inc. (OTCBB:NAEN) announces that it has drilled the first two wells of a six well package on leases located in Washington County, Oklahoma. Both wells were drilled into the Mississippi formation at depths of approximately 1,500 feet. Logs indicate both oil and gas shows from several zones beginning at depths as shallow as 650 feet.
CenterPoint Energy, Inc.
CenterPoint Energy to Begin Installing Up to 125,000 Advanced Meters
HOUSTON, Aug. 28, 2008 (GLOBE NEWSWIRE) -- CenterPoint Energy, Inc.'s (NYSE:CNP) electric transmission and distribution subsidiary, CenterPoint Energy Houston Electric, today received Public Utility Commission of Texas (PUC) approval of an agreement to install 125,000 advanced meters, related communication equipment and back office systems as requested and funded by retail electric providers (REPs). Installations requested by REPs for residential customers could begin in early September and would continue through August 2009, or until 125,000 advanced meters have been installed. This agreement will supplement the Advanced Metering System (AMS) deployment plan filed by CenterPoint Energy in May of this year that remains under review at the PUC.