Stevia Nutra Corporation (OTCBB: STNT) reached up 25% in morning trading to $.60 with 100K shares traded. Stevia Nutra is an Agro-Management company focused on stevia agronomics which includes plant breeding, proprietary agricultural practices and post-harvest techniques. Stevia Nutra intends to invest heavily in R&D and IP acquisition and manage large-scale plantations for the production of high value stevia products. Stevia Nutra Corporation (OTC:BB STNT) announced Wednesday that Dr. Hilary Rodrigues, founder of Sedna Nutraceuticals Inc, has been named CEO. Dr. Rodrigues began his career as a rural dentist in Whitbourne, Newfoundland in 1974. His voluntary service includes being a delegate for the International Red Cross, a member of the Canadian Agri-Foods Marketing Council and Mayor and Deputy Mayor of his Municipality. He launched the Rodrigues Winery in 1993 and served on the Premier’s Committee, “Social Strategic Plan for Newfoundland and Labrador”, in 2002. In 2011, Dr. Rodrigues founded Sedna Nutraceuticals Inc.
ATP Oil & Gas Corporation (Nasdaq:ATPG) reached up 15.38% in morning trading to $4.65 with 2M shares traded. ATP Oil & Gas Corporation is engaged in the acquisition, development and production of natural gas and oil properties in the Mediterranean Sea, the Gulf of Mexico and the North Sea. ATP acquires and develops properties, many of which have proved undeveloped reserves (“PUD’s”) at the time of acquisition that are economically attractive to ATP, but not strategic to exploration-oriented oil and gas companies. Such strategy provides ATP with the assets to develop and produce without the risk, cost and time involved in traditional exploration. Since its inception in 1991, the company has had an exceptionally strong development success record of 98% of taking projects to production that were previously undeveloped and non-producing. ATP is headquartered in Houston, Texas, with additional offices in Tel Aviv (Israel), Guildford, Surrey (U.K.) and IJmuiden (Netherlands). ATP Oil & Gas Corporation (ATPG) Monday announced that it has resumed production at the ATP Titan platform which services the company’s Telemark Hub. Production from the ATP Titan, shut-in since May 14, resumed after the operator of the Mars pipeline temporarily shut in the pipeline to allow for the tie-in of a new offsetting platform which has now been completed. Production at the ATP Titan is proceeding as expected and will ramp up over the next few days.
GMX Resources Inc. (NYSE: GMXR) reached up 9.02% in morning trading to $.8722 with 1M shares traded. GMX Resources Inc. owns production leases in two of the most prolific oil resource plays in the United States the Williston Basin and Denver Julesburg (DJ) Basin targeting the Bakken/Sanish-Three Forks Formation and the Niobrara Formation respectively. The Company also operates in the most productive natural gas basin in North America- the Haynesville Shale. These three assets allow us to have the flexibility to allocate capital across commodities and basins to achieve the highest risk-adjusted rate of return. These oil and gas resources provide us a robust inventory of high probability, repeatable, organic growth with over 700 net locations and an 18 year inventory of development. GMX Resources Inc. (GMXR) yesterday announces that the Company has successfully drilled and completed its sixth operated horizontal Bakken well, the Johnston 31-4-1H, 55% working interest, located in Sections 4&9 Township 146N Range 99W in McKenzie County, North Dakota. The Johnston 31-4-1H was drilled to a measured depth of 20,979' with a lateral length of 8,869'. It was completed as a 34-stage frac Middle Bakken producer achieving a peak rate of 1,479 boepd. The Johnston 31-4-1H had a spud to total depth of 29 days, a spud to rig release of 31 days and a spud to sales of 58 days.
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