SCOTTSDALE, Ariz., May 1, 2006 (PRIMEZONE) -- QualityStocks reports that the frenzied trading in energy stocks through April 2006 drove significant price gains for several companies in the Penny Stock energy sector.
Nord Oil International Inc. (Pink Sheets:NDOL) closed up 20% on Friday at $0.755 on strong trading and no news. The stock is up 1000% compared to its opening price of $0.069 at the start of April. Two weeks ago the company announced its intention to list on the OTCBB.
Franklin Mining, Inc. (Pink Sheets:FMNJ) closed up 800% for April 2006, and 32% just last Friday at $0.09. The company recently signed a Memorandum of Understanding with Yacimientos Petroliferos Fiscales Bolivianos (YPFB) for the construction and operation of a gas-to-liquid diesel fuels refinery in Bolivia.
Veridium Corporation (OTCBB:VRDM) closed the month of April up 550% at $0.233. On April 24 the company announced receipt of an order from a petrochemical company for the use of Veridium's patented Tornado Generator(tm) technology.
Avalon Oil & Gas, Inc., (OTCBB:AOGS) closed up at the end of April by more than 150% at $0.147. On April 20th the company announced that it has acquired a fifty percent (50%) working interest in a 266.73-acre oil and gas lease in Starr County, Texas, from Canyon Creek Oil and Gas, Inc.
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