Austin, TX 12/5/2007 11:14:47 PM
Speak with other shareholders about: (OBB: PRPL),(OTCBB: GXPI) and (OTCBB: ENEI).
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Park Place Energy Corp. (OBB: PRPL) up 7.1% on 685,000 shares traded.
Park Place Energy is, first and foremost, an international high impact energy play corporation. Currently, its primary activity is in oil and gas exploration in the North Sea, as well as the development and production of its Canadian assets including the recently announced major gas find in British Columbia. Park Place Energy utilizes its expertise in the oil and gas industry to enhance shareholder value and profitability by pursuing attractive opportunities in the international oil and gas industry. On Dec. 4th 2007, the company announced that the Operator of the 14-5-81-17 W6M Well (the "14 of 5 Option Well") has advised the Corporation that the 14-5 Option Well has been logged and cased to total depth. For competitive reasons, effective immediately, the Operator has assigned tight hole status to the 14 of 5 Option Well which means that no additional information will be released until further notice from the Operator.
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Gemini Explorations, Inc. (OTCBB: GXPI) down 15.2% one 1.5 million shares traded.
Gemini will be focused on the development and exploitation of the La Planada Gold Project in the southern region of Colombia. Gemini explorations newly acquired La Planada property is located in the municipality of Sotomayor, department of the Narino, in southwestern Colombia. Access to the property is approximately 80 km from Pasto the capital city of the Narino department by open road. On Dec. 4th 2007, the company was pleased to report that it is in final negotiations for financing the modernization and complete re-development of the Los Chorros Gold Mine. The financing is equity based and should be completed within the next 14 days. The total cost of the project is estimated to be US$595,900, adding a contingency factor of 30% would bring the maximum projected total to US$774,700.
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Ener1, Inc., (OTCBB: ENEI) down 1.3% on 435,000 shares traded.
Ener1, Inc. is an alternative energy technology company that is developing 1) lithium ion batteries for hybrid electric vehicles (HEV) at its 80.5% owned EnerDel subsidiary through corporate ventures and strategic partnerships with Delphi, ITOCHU and EnerStruct, 2) commercial fuel cell products through its EnerFuel subsidiary, and 3) nanotechnology-based materials and manufacturing processes for batteries and other applications at its NanoEner subsidiary. On Dec. 3rd 2007, the company announced that it has become the first to successfully integrate a lithium-ion battery into an operating hybrid electric vehicle (HEV), an important milestone for the electric vehicle industry.
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