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Pennystockchaser.com Alerts for Tuesday include Cobra Oil & Gas Co. (OTCBB:CGCA); General Metals Corporation (the "Company") (OTCBB: GNMT); Dussault Apparel Inc.("The Company") (OTCBB: DUSS); Cancer Therapeutics, Inc. (OTCBB: CTHP) and NeoStem, Inc. (NYSE Amex: NBS).
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M2 Presswire
Publication Date: 23-JUN-09 |
Format: Online Delivery: Immediate Online Access |
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Article Excerpt M2 PRESSWIRE-23 June 2009-PennyStockChaser.com: Pennystockchaser.com Alerts for Tuesday include Cobra Oil & Gas Co. (OTCBB:CGCA); General Metals Corporation (the "Company") (OTCBB: GNMT); Dussault Apparel Inc.("The Company") (OTCBB: DUSS); Cancer Therapeutics, Inc. (OTCBB: CTHP) and NeoStem, Inc. (NYSE Amex: NBS)(C)1994-2009 M2 COMMUNICATIONS
RDATE:22062009
-- Cobra Oil & Gas Co. (OTCBB:CGCA) traded at $0.65 on volume of 557,638 shares.
Cobra Oil & Gas Co. Enters Into Letter Of Intent With Enercor, Inc. For Purchase Of 20% Lease Assignment On Utah Oil Sands Prospect Located On Exxon Mobil Corp's Leases.
HOUSTON, Jun 22, 2009 -- Cobra Oil & Gas Co. (OTCBB:CGCA) (Hereafter "Cobra Oil & Gas"), an independent oil and gas exploration and production company headquartered in Houston, Texas, and focused on the strategic exploration and development of domestic energy projects, has entered into a Letter Of Intent (LOI) with Enercor, Inc. (Enercor) to purchase 20% lease assignment upon completion of financing activities. Enercor holds a contract with Exxon Mobil Corporation regarding the conversion of certain of Exxon Mobil's leases covering approximately 26,000 acres of land owned by the BLM (Bureau of Land Management) in the State of Utah purported to hold an estimated potential of up to 1.4 billion barrels of oil in place in its tar sands. That contract provides that the Company use its resources to convert those leases into Combined Hydrocarbon Leases and...
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