Energy Briefing - Advancing Energy Companies Progressing This Week: Alternative Fuels Americas, Pacific Ethanol, Halcón Resources, Exxon, Kodiak Oil & Gas
CORAL SPRINGS, Florida, December 5, 2013 /PRNewswire/ --
Biotechs develop new products and making an impact in the healthcare sector: Alternative Fuels Americas, Inc. (OTCQB: AFAI), Pacific Ethanol, Inc. (NASDAQ: PEIX), Halcón Resources Corporation (NYSE: HK), Exxon Mobil Corporation (NYSE: XOM) and Kodiak Oil & Gas Corp. (NYSE: KOG)
WallStreetProfitSearch.com Provides Indepth Coverage for Alternative Fuels Americas, Inc. (OTCQB: AFAI). AFAI, an advanced biofuels company, confirmed today the extension of 150 agreements with private landowners in Costa Rica, providing immediate access to sufficient raw material for up to 2 million gallons of biodiesel annually and accelerating the timeline to revenue. At full capacity the Company's initial Costa Rican model calls for scalable refining operations capable of producing 6 million gallons annually (roughly $22.7 million in revenues). The Company has already secured sales of $14 million through offtake agreements.
To read the full press release, please click here: http://www.fnmprofiles.com/profiles-afai.html
"AFAI's entire approach has been to construct the elements of successful operations alongside distinctive strategies that mitigate risks typically associated with biofuel companies", continues Mr. Frank. "Bloomberg Biofuels cites the importance of offtake agreements, we have agreements marking $14 million in revenue. Biofuels Magazine cites the importance of secure, low cost raw material, and we have our own fields and our unique wild feedstock program. We will continue to set and reach milestones recognized by our experienced team and industry experts as the stepping stones of success". AFAI has 4 offtake agreements totally 3.7 million gallons. All buyers are based in Costa Rica. The revenue potential exceeds $14 million. The Company expects to expand its sales program.
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Wall Street Profit Search (http://www.wallstreetprofitsearch.com) provides market alerts via email, internet and twitter feed for listed trading situations and publishes select OTC "Special Situation Spotlights" which it delivers via mail to a core subscribers and bulk mail to targeted investor markets. To access Wall Street Profit Search's "Investment Spotlight On Advanced Biofuels & Alternative Energy" report featuring Alternative Fuels Americas (AFAI) as well as current news, volume information and other trading data on AFAI go to http://www.wallstreetprofitsearch.com/featured/alternative-fuels-americas-inc-otcbb-afai/ The first print run is 100K copies which we are delivering by mail over the next 90 days. To view Wall Street Profit Search's latest trading alert which produced a $25.00+ per share trading profit on Tesla Motors (NASDAQ: TSLA) and huge gains on Fannie Mae (FNMA) for its subscribers follow THE STOCK SLEUTH@wsprofitsearch on Twitter or go to http://www.icontact-archive.com/S0pZqnVS3YTIVYbqJUTCGash7YPB6CEh?w=1
Pacific Ethanol, Inc. (NASDAQ: PEIX) produces and markets low carbon renewable fuels in the United States. It sells ethanol to gasoline refining and distribution companies. The company also provides ethanol transportation, storage, and delivery services to integrated oil companies and gasoline marketers in the Western United States, primarily in California, Arizona, Nevada, Utah, Oregon, Colorado, Idaho, and Washington; and markets ethanol co-products, including wet distiller grains and syrup to dairy operators and animal feed distributors. PEIX closed up over 14% on Wednesday (12/04/13) on 1.8Million Shares traded my market close.
Halcón Resources Corporation (NYSE: HK), an independent energy company, engages in the acquisition, production, exploration, and development of onshore oil and natural gas properties in the United States. The company’s principal resource plays include the Bakken/Three Forks Formations with an area of approximately 128,000 net acres located in North Dakota and Montana. PEIX closed up over 5% on Wednesday (12/04/13) on 5.3Million Shares traded my market close.
Exxon Mobil Corporation (NYSE: XOM) engages in the exploration and production of crude oil and natural gas, and manufacture of petroleum products. The company also transports and sells crude oil, natural gas, and petroleum products. It has approximately 37,228 gross and 31,264 net operated wells. The company manufactures and markets commodity petrochemicals, including olefins, aromatics, polyethylene, polypropylene plastics, and specialty products. It also has interests in electric power generation facilities. PEIX closed up slightly on Wednesday (12/04/13) on 13Million Shares traded my market close.
Kodiak Oil & Gas Corp. (NYSE: KOG), an oil and gas exploration and production company with primary assets in the Williston Basin of North Dakota, announced this week that it has completed its offers to exchange any and all of their $350,000,000 outstanding principal amount of 5.50% Senior Notes due 2021 (the "2021 Notes") for an equal amount of new 5.50% Senior Notes due 2021 (the "2021 Exchange Notes") and to exchange any and all of their $400,000,000 outstanding principal amount of 5.50% Senior Notes due 2022 (the "2022 Notes" and, together with the 2021 Notes, the "Outstanding Notes") for an equal amount of new 5.50% Senior Notes due 2022 (the "2022 Exchange Notes" and, together with the 2021 Exchange Notes, the "Exchange Notes").
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DISCLAIMER: FN Media Group LLC (FNMG) is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels. FNMG is NOT affiliated in any manner with any company mentioned herein. FNMG and its affiliated companies are a news dissemination and financial marketing solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security. FNMG's market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities. The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material. All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks. The companies that are discussed in this release may or may not have approved the statements made in this release. FNMG is not liable for any investment decisions by its readers or subscribers. Investors are cautioned that they may lose all or a portion of their investment when investing in stocks. FNMG was compensated one thousand two hundred fifty dollars for the dissemination of the news released by Alternative Fuels Americas, Inc. by WallStreetProfitSearch.
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