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Oil Prices On The Rise - Energy Could Be The Next Big Play: DMTY, SEAC, OVTI, ENTU, NXTL.

Publication: M2 Presswire
Publication Date: 31-AUG-04 		Format: Online - approximately 961 words
Delivery: Immediate Online Access

Article Excerpt
M2 PRESSWIRE-31 August 2004-InvestSource Inc.: Oil Prices On The Rise - Energy Could Be The Next Big Play: DMTY, SEAC, OVTI, ENTU, NXTL(C)1994-2004 M2 COMMUNICATIONS LTD

RDATE:08312004

Stocks in the News: DMT Energy (OTC: DMTY), SeaChange International Incorporated (NASDAQ: SEAC), OmniVision Technologies Incorporated (NASDAQ: OVTI), Entrust Technologies Incorporated (NASDAQ: ENTU) and Nextel Communications Incorporated (NASDAQ: NXTL).

DMT Energy (OTC: DMTY) shares traded strong with 325,744 shares exchanged on Monday to close at $0.72. Due to unexpected delays relating to surveying crews and service rig availability, the acid wash of Wainwright 1-6 and re-entry of Wainwright 9-6 have been delayed. The company is awaiting notification from the operator as to when crews will be available for the subject work. Fred DaSilva, President and CEO, is still "confident that the two-well program at Wainwright will be completed as soon as the necessary crews and equipment...



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