| Gastar Exploration, Ltd. Update on Australian Coal Bed Methane Operations |
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Gastar Exploration, Ltd. (TSX: YGA) (OTC: GSREF) today announced that Eastern Star Gas Limited (ASX: ESG), Gastar’s joint venture partner and the operator of the PEL 238 Gunnedah Basin ....
Gastar Exploration, Ltd. (TSX: YGA) (OTC: GSREF) today announced that Eastern Star Gas Limited (ASX: ESG), Gastar’s joint venture partner and the operator of the PEL 238 Gunnedah Basin Coal Seam Gas Project in New South Wales, Australia, issued a press release on November 22, 2004 announcing the results of early production tests from three recently fracture stimulated wells and one horizontal CBM well. Gastar has a 50% interest in the project which decreases to 35% upon the completion of certain work commitments by Eastern Star Gas Limited and Hillgrove Resources Limited (ASX: HGO). The Eastern Star Gas Limited press release can be found on their website (www.easternstar.com.au).
Gastar Exploration, Ltd. is an exploration and production company focused on finding and developing natural gas assets in North America and Australia. The Company pursues a balanced strategy combining low-risk CBM development with select higher risk, deep natural gas exploration prospects. Gastar’s CBM activities are conducted within the Powder River Basin of Wyoming and upon the approximate 4 million acres controlled by Gastar and its Joint Development partners in Australia’s Gunnedah Basin, PEL 238 and Gastar’s Gippsland Basins located in New South Wales and Victoria respectively. The Company owns and controls exploration and development acreage in the Deep Hilltop Sand gas play of East Texas as well as in the deep Trenton-Black River play in the Appalachian Basin.
Safe Harbor Statement and Disclaimer
This Press Release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Act of 1934. A statement identified by the words expects, projects, plans, and certain of the other foregoing statements may be deemed forward-looking statements. Although Gastar believes that the expectations reflected in such forward-looking statements are reasonable, these statements involve risks and uncertainties that may cause actual future activities and results to be materially different from those suggested or described in this press release.
These include risks inherent in the drilling of oil and natural gas wells, including risks of fire, explosion, blowout, pipe failure, casing collapse, unusual or unexpected formation pressures, environmental hazards, and other operating and production risks inherent in oil and natural gas drilling and production activities, which may temporarily or permanently reduce production or cause initial production or test results to not be indicative of future well performance or delay the timing of sales or completion of drilling operations; risks with respect to oil and natural gas prices, a material decline in which could cause the Company to delay or suspend planned drilling operations or reduce production levels; and risks relating to the availability of capital to fund drilling operations that can be adversely affected by adverse drilling results, production declines and declines in oil and gas prices and other risk factors as described in the Company’s Annual Information Form filed as of May 2004, on the System for Electronic Document Analysis and Retrieval (SEDAR) at www.sedar.com.
The Toronto Stock Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
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| Now Anyone Can Make Big Money Marketing Their Products - Nov 26, 2004 13:58 IST |
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Two Acres, Many Millions
You’ve got the farm. You’re producing your organic foods. You know it’s good. Now, how do you tell the world? Learn from Jay North; in his new book Grow Yourself Rich. Jay and his beloved late wife, Pamela, became known as the “Edible Flower Children” while introducing their organic herbs, and eventually Edible Flowers, to the world.
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| POWWEB, Inc., Warns Online Shoppers & Businesses About Holiday Scams; The Los Angeles Web Hosting Company Recently - Nov 26, 2004 13:57 IST |
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“If it sounds too good to be true, it probably is,” warns Andrew H. Te, CEO of PowWeb, Inc. (www.PowWeb.com), a Los Angeles global hosting company serving small and medium businesses.
The U.S. Dept. of Commerce reported (11-19-04) online retail sales jumped more than 21 percent in the third quarter. Adjusted for seasonal variations and holiday and trading-day differences, online sales increased 21.5 percent to $17.6 billion, compared with the same period a year ago. On a non-adjusted basis, online retail revenues rose 21.2 percent to $16.5 billion. Total retail sales for the quarter was $916.5 billion.
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| Further turmoil in Reliance as company directors quit - Nov 26, 2004 13:56 IST |
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The family feud over the control of the mammoth Reliance group took a new turn Thursday with the resignation of six directors from a group company, sending the firm’s shares into a freefall.
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| Iran, India fail to finalise gas deal - Nov 26, 2004 13:53 IST |
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India and Iran have failed to reach an agreement for the supply of five million tonnes of liquefied natural gas (LNG), primarily on the issue of price, official sources said.
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| StarMine Selected by Standard & Poor’s to Objectively Measure Research Analyst Performance - Nov 26, 2004 13:53 IST |
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StarMine, the leading provider of objective equity analyst ratings, has announced that Standard & Poor’s Equity Research Services will use StarMine Monitor, a Web-based service, to track and evaluate its internal research analyst performance. StarMine will measure the performance returns of Standard & Poor’s STARS stock recommendations for each of the firm’s nearly 100 equity analysts globally.
Standard & Poor’s has long believed investors should be able to track the performance of the stock recommendations they receive, whether from S&P or from other equity research firms, said Stephen Biggar, Director of U.S. Equity Research at Standard & Poor’s. StarMine will provide another means to measure our equity research department’s performance objectively. On each industry and on the nearly 1,750 stocks we cover globally, StarMine Monitor will show how our equity analysts are performing in comparison to other analysts across Wall Street.
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| Busy Parents Save Time with Online Retailer LivinginComfort.com - Nov 26, 2004 13:52 IST |
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Time is in short supply, especially for working parents who want to enjoy quality time with their children. LivinginComfort.com has a practical solution: save time by shopping online for your children’s needs. Their newly revamped online store makes it easy to find popular baby items such as Storkcraft Baby Furniture, Designer Baby Bedding, Britax Car Seats, Compass Booster Seats, Perego Strollers/Toys and Kettler Trikes.
Shopping at LivinginComfort.com is fast and convenient. Simply browse the online catalog, select the items you want to buy, go through the online check-out (no waiting in line) and the items will be shipped to you. Avoid crowds, bad weather, parking problems and all the costs associated with a shopping expedition.
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| NAMIC Announces New President, Executive Committee and Board of Directors - Nov 26, 2004 13:50 IST |
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In addition to Jha, the members of NAMIC’s new executive committee are Jenny Alonzo, senior vice president, Production, Promotion Planning and Multicultural Strategies, Lifetime Entertainment Services (immediate past president); Mae Douglas, senior vice president and chief people officer, Cox Communications (vice president); Andrew Givens, regional marketing director, Scripps Networks (secretary); Albert Cheng, senior vice president, Disney and ESPN Networks (treasurer); and Kathy Johnson, executive vice president, NAMIC.
NAMIC has also added four new members to its Board of Directors: Suzanne Keenan, senior vice president, Customer Service, Comcast Cable; Kelly “Adam” Ortiz, vice president, People Development, Time Warner Cable; Betty Panarella, vice president, Employee Relations and Development, Viacom International; and Winston Warrior, director, Marketing, Cox High Speed Internet, Cox Communications.
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| What’s on the Gift List of the Affluent This Holiday Season? - Nov 26, 2004 13:48 IST |
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This holiday shopping season, as affluent gift-givers are making their lists and checking them twice, what are they planning to buy?
Just as the latest consumer electronics sparkle like Christmas lights, affluent consumers (those with incomes of $100,000 or more) are hoping that the unwrapping of high-tech gadgets, as well as gift cards, will light up the faces of their loved ones, according to an analysis by Thomas, Townsend & Kent (TTK), a database marketing firm that targets the affluent, and BIGresearch, a market intelligence firm.
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| Howlett Research Corp. Publishes Updated Research Report on Paradym Ventures - Nov 26, 2004 13:47 IST |
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Howlett Research Corp. (www.howlett-research.com), a boutique research firm led by Jeff Howlett, President, announced today that it has recently published an updated research report on Paradym Ventures Inc. (Paradym) (TSX-V: PVI) (www.paradymventures.com). Paradym became active in the oil & gas sector in January, 2003, acquiring a 7% interest in a multi-zoned project in Trutch, B.C. encompassing roughly 23,100 acres. In December, 2003, the company announced its participation in the Carway project, which encompasses roughly 15,000 acres in southern Alberta. Both properties have large scale potential for multiple oil & gas horizons based on logs, test results and comparable wells in the areas.
At Carway, a drillhole was suspended in August, 2004 at a depth of 2,795 meters due to limited porosities. Subsequent analysis of drilling results and well logs indicates that the targeted horizons were higher than anticipated, and newly acquired seismic indicates a large, deeper structure which effectively pushed the upper zones higher (creating the tighter, less permeable upper zones).
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| The Marine Toys for Tots Foundation to Open The NASDAQ Stock Market - Nov 26, 2004 13:43 IST |
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United States Marine Corps color guard and Marines from the 6th Communications Battalion in Brooklyn, New York, will preside over the Market Open.
Every holiday season the Marine Toys for Tots Foundation strides to deliver, through a new toy during the holiday season, a message of hope to needy youngsters that will motivate them to grow into responsible, productive, patriotic citizens and community leaders.
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| San Gold / Gold City Intersect 37 g/Tonne Gold Over 2.2 m in New Zone - Nov 26, 2004 13:41 IST |
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Dale Ginn, President of San Gold Resources Corporation (TSX-V: SGR), and Fred Sveinson, President of Gold City Industries Ltd. (TSX-V: GC), are extremely pleased to announce that a new high grade gold zone (Wingold) has been discovered near surface within 1.5 kilometers of their Rice Lake Gold Mine.
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| The Board of Regents Welcomes Six Brokers to its Impressive Ranks - Nov 26, 2004 13:42 IST |
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The Board of Regents, an exclusive network of the world’s most elite luxury real estate brokers, has welcomed six additional companies since its introduction in September. The organization has extended its membership in major metropolitan areas and key resort destinations in an effort to offer a broader referral network to its members.
The latest Brokers to join this elite network are Scott Andersen of Preferred Properties in Napa Valley, CA, Kermit Brown of Churchill Brown in Oklahoma City, OK, Brent Waldron of Coats Reed Waldron in Aspen, CO, Peter Briggs and Nick Bailey of John Foster, in the US Virgin Islands, Harvey and Elise Kalles of Harvey Kalles in the greater Toronto, Ontario area and Peter Kempf of Peter Kempf International.
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| Affordable Web Site Usability Reviews For Home and Small Online Businesses - Nov 26, 2004 13:40 IST |
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Pennsylvania based usability consultant, Kim Krause, has seen the same question asked over and over. “My web site isn’t performing well. What am I doing wrong?”
Well-known in the Search Engine Optimization and Marketing Industry, and trained in Quality Assurance Internet software application testing, Kim, who is the owner of such web sites as Cre8pc.com and Cre8asiteForums.com, launched the UsabilityEffect.com web site. It’s mission is to help web based businesses solve their problems affordably and with integrity.
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| Home Essentials Offers Benefits of Furniture Leasing to Business Residents in Dubai - Nov 26, 2004 13:39 IST |
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Home Essentials Middle East Limited, a subsidiary of Home Essentials, the largest furniture rental company outside the US, today announced an historic agreement with Chelsea Partners LLP to provide leased furnishings and other services to the business and private residents of the Chelsea Tower & Chelsea Tower Apartments in Dubai, UAE.
The agreement marks the first time that any business traveler and/or frequent visitor to this Middle East hub will be able to benefit from the cost-savings and maintenance-free programs afforded through furniture leasing arrangements. Currently, temporary or permanent residents in the Middle East are required to purchase furniture and other necessities and manage their own upkeep programs -- a difficult task for busy executives and travelers.
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| Barnes & Noble Opens at Developers Diversified’s Hamilton Marketplace - Nov 26, 2004 13:38 IST |
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Cleveland, OH-based Developers Diversified (NYSE: DDR) today announced that Barnes & Noble has opened a 24,000 square foot store at Hamilton Marketplace in Hamilton, New Jersey.
We are thrilled to announce the opening of Barnes & Noble at Hamilton Marketplace, said Dan Herman, Director of Development -- Eastern Region at Developers Diversified. The shopping center continues to experience remarkable success and demand for space in the shopping center remains strong.
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| OfficeMax Opens at Developers Diversified’s Independence Commons - Nov 26, 2004 13:37 IST |
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Cleveland, OH-based Developers Diversified (NYSE: DDR) today announced that OfficeMax has opened an 18,000 square foot store at Independence Commons in Independence, Missouri.
Independence Commons is a 399,930 square foot shopping center located on the northeast quadrant of 39th Street and Arrowhead Drive in Independence, Missouri. The property boasts a trade area of more than 364,000 residents within a 10-mile radius.
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| George Bush’s ‘House Cleanings’ Need A Leadership Strategy -- Or They’ll Backfire, says To Leadership Expert. - Nov 26, 2004 13:36 IST |
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George Bush’s ‘House Cleanings’ Need A Leadership Strategy -- Or They’ll Backfire, says To Leadership Expert.
Williamstown, MA, November 25, 2004: – As President Bush shuffles his cabinet, he should understand that there are right and wrong ways to clean his executive house, says world recognized leadership expert, Brent Filson.
Filson asserts, Having won the election, Bush has every right to put his own people into leadership positions in the executive side of the government.
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| Pacers Ticket Sales Leap in Wake of Controversy - Nov 26, 2004 13:36 IST |
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Despite a series of season-shattering suspensions on the Indiana Pacers team roster, TicketsNow.com, the world’s leading online ticket marketplace, reports an unprecedented surge in Pacers home game ticket sales that began on November 19.
We’ve sold as many Pacers tickets in the five days following the incident as we have the entire rest of the month, says TicketsNow.com spokesperson Jennifer Swanson.
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| Smithtown Bancorp Declares Cash Dividend - Nov 26, 2004 13:35 IST |
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The Board of Directors of Smithtown Bancorp has declared a cash dividend of $.05 per share payable to all common shareholders of record as of the close of business on December 17, 2004. The dividend will be paid on January 3, 2005.
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| Like a Down Comforter, the Ski Slopes in the Catskill Mountains Invite You to Spend a Night this Winter - Nov 26, 2004 13:34 IST |
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The Catskill Mountains in New York is the perfect winter destination for weekend warriors and snow junkies. CatskillReservations.com is your one source for information about great skiing and snowboarding in the Catskills.
CatskillReservations.com can help plan your ski trip to the Catskill Mountains. Their Catskill specialists can help make planning your Catskills ski vacation easy and worry-free. They will assist you in comparing more than 35 hotels, resorts, and bed and breakfasts, to find the one that is perfect for you.
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