Wescorp Energy Ships First H2Omaxx Water Remediation Unit for Operations in Kansas, USA
HOUSTON, TEXAS AND CALGARY, ALBERTA -- May 26, 2009 -- Wescorp Energy Inc. (OTC BB: WSCE.OB), an oil and gas technology solutions provider, is pleased to announce that a 2,000 barrel per day H2Omaxx water remediation unit has been shipped to Kansas to begin full operations for an oil and gas producer. H2Omaxx is a commercially proven, safe, effective and economical process for cleaning and separating oil and solids from produced water using patented technology. Test results on the H2Omaxx unit have been shown to reduce the oil content in produced water to less than 0.001% or 10 parts per million oil allowing oil and gas operators to reduce, reuse, and recycle water.
In July 2008, Wescorp signed a master lease agreement with a private oil and gas company with operations in Texas, Kansas and Wyoming, to construct, deploy and operate, at the election of the customer, up to 256 H2Omaxx water remediation units over a 60 month period. This will be the first unit shipped under the master lease agreement.
"The deployment of the first H2Omaxx unit is a great step forward for Wescorp Energy," commented Mark Norris, Chairman of Wescorp. "By strategically placing the first unit in a deemed water crisis area in Kansas, it proves our confidence in the H2Omaxx technology and its ability to help our customers and the environment."
"We are excited to showcase our H2Omaxx technology in Kansas. Our customer has agreed to allow other oil and gas operators, government officials and potential investors to visit the site and view its operations. They have also agreed to share their internal data that proves through the use of the H2Omaxx units, well productivity is enhanced and production costs are significantly reduced," commented Doug Biles, President and CEO of Wescorp Energy. "We are confident that Wescorp's water technology will offer significant benefits to our client by improving the recovery of residual hydrocarbons entrained in produced water."
Wescorp and Weatherford are continuing to work towards finalizing our long-term global distribution license agreement.
About Wescorp
Wescorp Energy Inc. (http://www.wescorpenergy.com/) is an oil and gas operations solutions company focused on commercializing technologies that overcome tough operations challenges facing oil and gas operators today. Wescorp combines its intellectual capital, oil and gas industry experience, best practices methodologies and its market offerings to deliver these solutions in a timely, economic and environmentally friendly manner.
Wescorp shares currently trade on the NASD.OTC Bulletin Board under the symbol "WSCE".
Safe Harbor Statement
Any statements contained herein that are not historical facts are forward-looking statements, and involve risks and uncertainties. Potential factors could cause actual results to differ materially from those expressed or implied by such statements. Information on the potential factors that could affect the Company's actual results of operations is included in its filings with the Securities and Exchange Commission. These risks may be further discussed in periodic reports and registration statements to be filed by the Company from time to time with the Securities and Exchange Commission in the future.
Contact:
Wescorp Energy Inc.
Mark Komonoski
(403) 255-8483 or Toll Free: 1-877-255-8483
Mobile: (403) 470-8384
Email: mailto:mk.tem@shaw.ca
Website: http://www.wescorpenergy.com/
Source: Wescorp Energy Inc.
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Tuesday, May 26, 2009
Wednesday, May 20, 2009
American States Water Company Completes Public Offering of Common Shares
American States Water Company Completes Public Offering of Common Shares
American States Water Company SAN DIMAS, Calif.--American States Water Company (NYSE:AWR) announced today that it has completed an underwritten public offering of 1,150,000 shares of its Common Stock, including 150,000 shares issued upon exercise of an option granted to the underwriters to cover over-allotments, at a price per share of $31.00 to the public. The net proceeds from the offering were $34.2 million, after deductions of underwriting commissions and discounts. The Company intends to use the proceeds of the offering to repay short-term debt.
Janney Montgomery Scott LLC served as sole book-runner and lead manager for the offering. Edward D. Jones & Co., L.P. and Brean Murray, Carret & Co., LLC served as co-managers. Copies of the final prospectus supplement and the prospectus related to the offering can be obtained by contacting Janney Montgomery Scott LLC, 60 State Street, 35th Floor, Boston, MA 02109, Attention: Equity Syndicate Department or prospectus@jmsonline.com.
This announcement shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. A registration statement relating to the shares that the company intends to sell has previously been filed with, and has been declared effective by, the Securities and Exchange Commission.
American States Water Company is the parent of Golden State Water Company, American States Utility Services, Inc. and Chaparral City Water Company. Through its subsidiaries, AWR provides water service to 1 out of 37 Californians located within 75 communities throughout 10 counties in Northern, Coastal and Southern California (approximately 254,000 customers) and to over 13,000 customers in the city of Fountain Hills, Arizona and a small portion of Scottsdale, Arizona. The Company also distributes electricity to over 23,000 customers in the Big Bear recreational area of California. Through its contracted services subsidiary, American States Utility Services, Inc., the Company contracts with the U.S. government and private entities to provide various services, including water marketing and operation and maintenance of water and wastewater systems.
Contact:American States Water CompanyEva G. TangSenior Vice President - Finance, Chief Financial Officer,Corporate Secretary and Treasurer(909) 394-3600, extension 707
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American States Water Company SAN DIMAS, Calif.--American States Water Company (NYSE:AWR) announced today that it has completed an underwritten public offering of 1,150,000 shares of its Common Stock, including 150,000 shares issued upon exercise of an option granted to the underwriters to cover over-allotments, at a price per share of $31.00 to the public. The net proceeds from the offering were $34.2 million, after deductions of underwriting commissions and discounts. The Company intends to use the proceeds of the offering to repay short-term debt.
Janney Montgomery Scott LLC served as sole book-runner and lead manager for the offering. Edward D. Jones & Co., L.P. and Brean Murray, Carret & Co., LLC served as co-managers. Copies of the final prospectus supplement and the prospectus related to the offering can be obtained by contacting Janney Montgomery Scott LLC, 60 State Street, 35th Floor, Boston, MA 02109, Attention: Equity Syndicate Department or prospectus@jmsonline.com.
This announcement shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. A registration statement relating to the shares that the company intends to sell has previously been filed with, and has been declared effective by, the Securities and Exchange Commission.
American States Water Company is the parent of Golden State Water Company, American States Utility Services, Inc. and Chaparral City Water Company. Through its subsidiaries, AWR provides water service to 1 out of 37 Californians located within 75 communities throughout 10 counties in Northern, Coastal and Southern California (approximately 254,000 customers) and to over 13,000 customers in the city of Fountain Hills, Arizona and a small portion of Scottsdale, Arizona. The Company also distributes electricity to over 23,000 customers in the Big Bear recreational area of California. Through its contracted services subsidiary, American States Utility Services, Inc., the Company contracts with the U.S. government and private entities to provide various services, including water marketing and operation and maintenance of water and wastewater systems.
Contact:American States Water CompanyEva G. TangSenior Vice President - Finance, Chief Financial Officer,Corporate Secretary and Treasurer(909) 394-3600, extension 707
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Monday, May 18, 2009
Recent Additions of Patented Water/Nanotech Technology Company, Wind Solar Company, and Smart Grid Company Seeking Accredited Investors
Recent Additions of Patented Water/Nanotech Technology Company, Wind Solar Company, and Smart Grid Company Seeking Accredited Investors
Marketplace Update; Matching Accredited Investors and Business in Solar, Wind, Water, Technology
POINT ROBERTS, Wash., Delta B.C., May 18, 2009 - www.InvestorIdeas.com, a leading online global investor resource, updates the Investor Ideas Global Marketplace, a meeting place for accredited investors and companies seeking funding or partners. The marketplace consists of a public page with brief summaries and ads and links to a registration page to access a private directory for accredited investors only. Recent additions to the private directory include a smart grid company based in Australia, a solar /wind company seeking project funding and a patented nanotech/water company.
Current listing also include technology based water companies seeking funding, solar and wind companies seeking funding, organics, Biofuel, Defense and digital media technology seeking accredited investors.
Accredited Investors and Companies seeking funding can register and request info online. Approved accredited investors can view the secure marketplace pages featuring executive summaries of each company. Approved companies can be added to the growing list of companies.
Register to view the private access link or to have your company added:
http://www.investorideas.com/marketplace/signup.asp
Subscribe to the Marketplace Business, Venture, Capital and Funding News RSS Feed
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The Marketplace is a meeting place created for connecting global companies in leading sectors, seeking strategic partnerships, funding, management, mergers and acquisitions, licensing or branding. The Global Green Marketplace has a growing network of green and renewable energy companies seeking funding /partners, management and a growing global network providing venture capital and equity funding with an intention to go public. Investorideas.com was one of the first online investor resources providing in-depth information on renewable energy – with its Renewableenergystocks.com portal.
InvestorIdeas.com is a leading global investor and industry research resource portal specialized in sector investing covering over thirty industry sectors and global markets including China, India, the Middle East and Australia and one of the first online investor resources providing in-depth information on renewable energy, homeland security and water.
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www.RenewableEnergyStocks.com® is one of several green investor portals within Investorideas.com and provides investors with stock news, exclusive articles and financial columnists, audio interviews, investor conferences, Blogs, and a directory of stocks within the renewable energy sector.
Renewable Energy companies/industry members can contribute content and submit renewable energy news, articles, research and links to our site: click here. News will be featured on up to 3 sector portals and the Investor Ideas Newswire
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Investorideas.com creates a meeting place for investing ideas to take form and come to life in an entrepreneurial environment, servicing the needs of small investors and start- up companies to large conglomerates! We cover multiple industry sectors but specialize in environmental and water.
Investorideas.com Vision Statement
To be known as a global destination to investors of all levels, as a base to facilitate and direct ideas, networking and investment, resulting in global change for good. To become a global leader in green and water investing.
Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured companies, news submissions and online advertising. www.InvestorIdeas.com/About/Disclaimer.asp
For Additional Information:
Dawn Van Zant: 800-665-0411 - dvanzant@investorideas.com
Source – Investorideas.com
Visit the water stocks directory at Investorideas.com and Water-stocks.com
http://www.investorideas.com/Water-Stocks/Stock_List.asp
Marketplace Update; Matching Accredited Investors and Business in Solar, Wind, Water, Technology
POINT ROBERTS, Wash., Delta B.C., May 18, 2009 - www.InvestorIdeas.com, a leading online global investor resource, updates the Investor Ideas Global Marketplace, a meeting place for accredited investors and companies seeking funding or partners. The marketplace consists of a public page with brief summaries and ads and links to a registration page to access a private directory for accredited investors only. Recent additions to the private directory include a smart grid company based in Australia, a solar /wind company seeking project funding and a patented nanotech/water company.
Current listing also include technology based water companies seeking funding, solar and wind companies seeking funding, organics, Biofuel, Defense and digital media technology seeking accredited investors.
Accredited Investors and Companies seeking funding can register and request info online. Approved accredited investors can view the secure marketplace pages featuring executive summaries of each company. Approved companies can be added to the growing list of companies.
Register to view the private access link or to have your company added:
http://www.investorideas.com/marketplace/signup.asp
Subscribe to the Marketplace Business, Venture, Capital and Funding News RSS Feed
http://www.investorideas.com/RSS/feeds/MP.xml
Visit the Public Marketplace: http://www.investorideas.com/marketplace/
The Marketplace is a meeting place created for connecting global companies in leading sectors, seeking strategic partnerships, funding, management, mergers and acquisitions, licensing or branding. The Global Green Marketplace has a growing network of green and renewable energy companies seeking funding /partners, management and a growing global network providing venture capital and equity funding with an intention to go public. Investorideas.com was one of the first online investor resources providing in-depth information on renewable energy – with its Renewableenergystocks.com portal.
InvestorIdeas.com is a leading global investor and industry research resource portal specialized in sector investing covering over thirty industry sectors and global markets including China, India, the Middle East and Australia and one of the first online investor resources providing in-depth information on renewable energy, homeland security and water.
Join our Group on Linked in
Business, Investing and Funding Success Stories
About Our Green Investor Portals:
www.RenewableEnergyStocks.com® is one of several green investor portals within Investorideas.com and provides investors with stock news, exclusive articles and financial columnists, audio interviews, investor conferences, Blogs, and a directory of stocks within the renewable energy sector.
Renewable Energy companies/industry members can contribute content and submit renewable energy news, articles, research and links to our site: click here. News will be featured on up to 3 sector portals and the Investor Ideas Newswire
Become an Investorideas.com Member- Research water, renewable energy and environment publicly traded companies in global markets
With markets and investor sentiment changing daily- it is more important than ever to stay on top of key trends! Gain Exclusive Insight on Leading Sectors, Global Trends, and Insider Trading Ideas, News, Articles and Investor Ideas Members only Stock Directories including renewable energy, water, biotech and defense stocks.
Become an InvestorIdeas.com member -Learn more: http://www.investorideas.com/membership/
About InvestorIdeas.com:
Investorideas.com Mission Statement
Investorideas.com creates a meeting place for investing ideas to take form and come to life in an entrepreneurial environment, servicing the needs of small investors and start- up companies to large conglomerates! We cover multiple industry sectors but specialize in environmental and water.
Investorideas.com Vision Statement
To be known as a global destination to investors of all levels, as a base to facilitate and direct ideas, networking and investment, resulting in global change for good. To become a global leader in green and water investing.
Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured companies, news submissions and online advertising. www.InvestorIdeas.com/About/Disclaimer.asp
For Additional Information:
Dawn Van Zant: 800-665-0411 - dvanzant@investorideas.com
Source – Investorideas.com
Visit the water stocks directory at Investorideas.com and Water-stocks.com
http://www.investorideas.com/Water-Stocks/Stock_List.asp
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