CCME, UNT, SSHO, - DrStockPick.com Stock Report! - China MediaExpress Holdings, Unit Corp., South Shore Resources
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UNT,Unit Corp.
UNT is a diversified energy company engaged through its subsidiaries in the exploration for and production of oil and natural gas, the acquisition of producing oil and natural gas properties, the contract drilling of onshore oil and natural gas wells, and the gathering and processing of natural gas.
Operations are principally located in the Mid-Continent region, including the Anadarko, Arkoma, Permian, Rocky Mountains and Gulf Coast Basins.
** UNT’s wholly owned subsidiary, Unit Petroleum Company, completed in June the acquisition of certain oil and natural gas properties from a privately owned company for approximately $75.0 million in cash, subject to post-closing adjustments.
The acquisition includes approximately 45,000 net acres and 11 producing oil wells and is focused on the Marmaton horizontal oil play located primarily in Beaver County, Oklahoma. This acquisition, along with Unit’s existing leasehold position in the Marmaton play area, provides Unit with more than 56,000 net undeveloped leasehold acres in this play.
Proved developed producing (PDP) net reserves associated with the 11 acquired producing wells is approximately 900,000 barrels of oil equivalent (Boe) — consisting of 600 barrels of oil, 200,000 barrels of natural gas liquids (NGLs), and 700 million cubic feet (MMcf) of natural gas. Net production from these wells in April 2010 averaged approximately 850 barrels of oil per day and 1.0 MMcf of natural gas per day.
UNT will release its second quarter 2010 earnings and host a conference call on Tuesday, August 3, 2010. The webcast will be broadcast live over the Internet at 11:00 a.m. Eastern time at the company’s website.
More about UNT at www.unitcorp.com
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SSHO, South Shore Resources Inc., SSHO.PK
Would you like to increase your gas mileage by up to 100 miles per fill up, one company believes it’s possible. SSHO is bringing a remarkable concept to market it’s their HyProStar Hybrid Conversion Kit technology.
Some might think that’s a silly question, wanting better gas mileage, but with America’s penchant for gas guzzlers like there’s no end to our oil supply it isn’t funny it’s more like pathetic.
If we are relying on the automotive industry to make more fuel efficient cars, well we have already waited almost 100 years, and still are getting about the same mileage give or take10%
It’s really up to us, and one company has taken on that responsibility: SSHO!
The US Environmental Protection Agency (EPA) and the National Highway Traffic Safety Administration (NHTSA) are taking the next steps to reduce greenhouse gas (GHG) emissions and improve fuel efficiency from on-road vehicles and engines. These next steps include developing first-ever GHG regulations for heavy-duty engines and vehicles, as well as further light-duty vehicle GHG regulations. These steps were outlined by President Obama in a memorandum on May 21, 2010.
Recently, Canada introduced the country’s first mandatory emission rules for cars and trucks, harmonizing the standards with the United States.
Canada’s new measures will force each automaker to achieve a combined average fuel economy for all the models it sells of 35.5 miles per gallon by 2016. That is equivalent in Canada to about 6.6 litres of gasoline usage for every 100 kilometres driven.
SSHO’s HyProStar uses a little electricity from your car or truck battery to extract hydrogen from water. The hydrogen mixes with oxygen via the intake manifold and acts as a combustion enhancement for a better, more complete burn of fuel; which results in lower emissions, greatly improved mileage and more power for your vehicle.
SSHO’s Hydrogen Hybrid Conversion Kit, which has used proven patent-pending technology to develop an add-on to any engine to enhance the combustion process independent of the type of fuel used (gasoline, diesel, biodiesel, natural gas, or ethanol), saves up to 25 percent or more fuel economy.
SSHO believes its HyProStar Series of Hydrogen Generating Modules are an obvious aftermarket alternative to Rising Fuel Prices and Harmful Greenhouse Gases.
SSHO’s HyProStar could have a global impact. Governments are looking for differents ways to reduce greenhouse gas and improve fuel efficiency from on-road vehicles and engines.
For that reason, to protect and secure Worldwide rights to hydrogen on demand conversion process, SSHO has prepared and filed for international patent protection with the assistance of Sim & McBurney, Patent & Trademark Agents, a Patent Cooperation Treaty (PCT) international patent application with the World International Property Organization, which describes the technique by electrolysis to produce oxyhydrogen for its Hydrogen On Demand Hybrid Conversion Kits. (Source: CLICK HERE)
SSHO is now poised to commercialize its HyProStar Hydrogen Generator Hybrid Conversion Kit and bring it to the global market. With over 750 million automobiles currently using combustible engines world wide and the increased pressure to reduce greenhouse gases, SSHO is confident that now is the time to aggressively enter this market.
More about at www.southshoreresourcesinc.com
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CCME, China MediaExpress Holdings, Inc.
CCME operates the largest television advertising network on inter-city and airport express buses in China.
** CCME reported that it has renewed its existing agreement with Hunan Satellite Television (operated by Hunan Satellite Programming Company Limited), to obtain free entertainment content.
This two-year arrangement which will commence on September 1, 2010, will allow CCME to continue to obtain quality entertainment programming from Hunan Satellite Television at no cost. All of the terms of this agreement remain the same as the terms of the original contract.
More about CCME at www.ccme.tv.
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