Del Mar, CA – United States Oil and Gas Corp (USOG), a growing oil and gas products, services and technology company announce that its patent application for its Simple Fiber Optic Seismometer for Harsh Environments has been approved by the U.S. Patent Office.
This technology is a motion sensor that registers the force and measures the magnitude of an environmental disturbance. The device may be utilized in places that are typically difficult and costly to survey such as the deep ocean floor.
The Company believes that this technology could reduce the cost of seismic sensor arrays having the fidelity and reliability necessary for permanent down-hole and seafloor installations. The patented technology could make techniques for oilfield production management and exploration that have typically only been available to larger drilling companies, available to middle market players.
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United States Oil & Gas Corp. (Other OTC: USOG), Universal Detection Technology (OTCBB:UNDT), Applied Micro Circuits Corporation (NASDAQ:AMCC), Dendreon Corporation (NASDAQ:DNDN), Pediatric Prosthetics Inc (OTCBB:PDPR), U.S. Microbics, Inc. (OTCBB:BUGS), Bonanza Oil & Gas Inc (OTCBB:BGOI)
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Other Stocks to Watch:
Universal Detection Technology is engaged in the research, development, and marketing of bioterrorism detection devices. The Company’s primary product is BSM-2000. BSM-2000 is designed to provide continuous unattended monitoring of airborne bacterial spores in public places, with real-time automated alert functionality.
Applied Micro Circuits Corporation (AMCC) is engaged in designing, developing, marketing and supporting integrated circuits (ICs), which are essential for the processing, transporting and storing of information worldwide. The Company offers IC products for wireline and wireless communications equipment such as wireless access points, wireless base stations, multi-function printers, edge switches, gateways, metro transport platforms, core switches and routers.
Dendreon Corporation (Dendreon) is a biotechnology company focused on the discovery, development and commercialization of therapeutics that may improve cancer treatment options for patients. The Company’s product portfolio includes active cellular immunotherapy and small molecule product candidates to treat a range of cancers.
Pediatric Prosthetics, Inc. (Pediatric) is engaged in the design, fabrication and fitting of artificial limbs. The Company offers fitting and fabrication of prosthetic limbs for both upper and lower extremities to infants and children throughout the United States. Pediatric buys manufactured components from various manufacturers and combine those components to fabricate measured, fitted and designed prosthetic limbs for its patients.
U.S. Microbics Inc. is a business development and holding company that acquires, develops, and deploys environmental technologies for remediation of contaminated soil and groundwater; reduction of air and water pollution; reactivation of carbon-filtration systems, and microbial-based approaches to agriculture enhancement.
Bonanza Oil and Gas, Inc. (Bonanza) is an independent energy company that is engaged in the exploration, development and production of crude oil, natural gas and natural gas liquids. The Company's production activities are located in the United States. The Company’s crude oil and natural gas properties consist of working interests owned by it in various oil and gas wells and leases located in Texas. As of December 31, 2008, the Company had an interest in five gross oil wells.
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