Since their inception they’ve provided oil and gas management services to individual, institutional, and industry investors.

Petron is very committed to maintaining long-term relationships with its’ partners based on solid performance (ROI). They feel that the industry offers their partners an opportunity to participate in an investment vehicle, which provides great long-term income potential, generated monthly and very favorable tax benefits.

Their strategy is to focus on their niche, which are low risk drilling opportunities in areas with a proven production history. This strategy provides greater consistency in well development and stable long-term cash flow.

SOURCE: http://petronenergyii.com/

Denbury said the assets sold include proved reserves of about 6.4 million barrels of oil equivalent as of Dec. 31, 2011, and were 98% oil and 58% proved developed producing. In February, the independent oil and natural gas company sold some of its Gulf Coast-area property for $155 million, continuing its plan to shed noncore assets this year.

“This sale completes our planned 2012 noncore asset divestitures,” said Denbury President and Chief Executive Phil Rykhoek. The company sold assets for about $313.5 million, exceeding the upper end of its budgeted range of $150 million to $300 million.

Denbury projects the asset sales will reduce its 2012 production guidance by 1,625 barrels of oil equivalent per day.

The oil and gas company Resolute said Navajo Nation Oil exercised an option to purchase 10% of Resolute’s interest in Greater Aneth Field, before the Denbury deal.

Resolute said Navajo Nation Oil has one remaining option with a fixed exercise date of July 2017 to purchase an additional 10% of Resolute’s interest in the Aneth Field properties, excluding the interest acquired from Denbury and certain other minority interests.

All of the deals leave Resolute’s working interests in the Aneth Unit and the Ratherford Unit essentially unchanged at 62% and 59%, respectively. Its working interest in the McElmo Creek Unit is reduced to 67.5% from 75% since Denbury didn’t own any interest in the McElmo Creek Unit.

“These transactions, taken together, have strong economics for Resolute while presenting NNOG and the Navajo Nation the opportunity to increase their ownership interest in Aneth Field and the tertiary recovery projects that we have undertaken there,” said Resolute Chairman and Chief Executive Nicholas J. Sutton.

SOURCE: http://www.marketwatch.com/story/resolute-energy-to-consolidate-some-utah-assets-2012-04-11

The Riverside Energy Center is a 600-megawatt combined-cycle natural-gas-fired electric generating facility in Beloit, Wisc. Alliant subsidiary Wisconsin Power and Light Co. has a purchase power agreement with Calpine’s Riverside Energy Center LLC for approximately 500 megawatts. Under the agreement, WPL has the option to purchase Riverside by May 31.

“We believe purchasing the Riverside Energy Center will allow us to better manage our generation fleet to reduce our reliance on market purchases, manage costs for our customers and remain flexible for the future,” said WPL President John Larsen.

WPL said it will decide whether to exercise its option to purchase Riverside by May 31. If the company does exercise its option, the deal is expected to close by Dec. 31.

Alliant, also the parent company of the regulated utility Interstate Power & Light Co., has posted uneven results over the past year on soft demand for power and low gas volume.

However, in February, the company reported its fourth-quarter earnings rose 21% as non-regulated business revenue soared.

Alliant shares fell 35 cents to $42.98 Thursday. The stock is down 2.6% since the start of the year.

SOURCE: http://www.marketwatch.com/story/alliant-energy-approved-to-buy-calpine-gas-plant-2012-04-06

The stock opened at $7.50 on the Nasdaq after pricing at $6 a share, which was the low end of its price talk and well below the range of $10 to $12 a share it previously expected to garner in the offering. Enphase sold nine million shares, more than the 7.3 million shares it was expected to sell.

Based in Petaluma, Calif., Enphase makes semiconductor-based microinverter systems that convert direct current, or DC, electricity to alternating current, or AC, electricity in solar modules. Its technology helps to increase energy production, simplify design and installation, improve system uptime and allow for energy management.

Traditionally, the solar industry has relied on a central inverter approach that Enphase claims has largely remained unchanged for the past two decades. The company said its microinverter technology has significant advantages over traditional central inverters.

Enphase began its first shipment of microinverters in mid-2008, and has seen them installed throughout the U.S. and Canada. More than 3,700 installers in North America have installed its product through March 1, and their numbers are increasing by approximately 100 new installers per month. In the fourth quarter, it began selling its microinverter systems in parts of Europe.

In 2011, net revenue more than doubled to $149 million compared to 2010. The company’s net loss worsened to $32 million from $22 million on higher operating and interest expense.

The company has never been profitable, and warned it may continue to incur net losses in the future.

Its success depends on continued growth in demand for solar energy. In 2011, the U.S. installed a record amount of generating capacity, more than twice the level seen in 2001, according to the Solar Energy Industries Association, a trade group. The industry expects installations by megawatts to increase 50% this year.

Enphase’s system requires users to incur a higher upfront capital investment than central-inverter products. Its business is also highly competitive; leading inverter vendors SMA Solar Technology AG (SMTGF, SMTGY), Power-One Inc. (PWER) and SunPower Corp. (SPWR) are expected to introduce microinverter products in 2012, and several new entrants to the microinverter market have recently disclosed plans to ship or have already shipped products, including some of Enphase’s customers and partners.

–Mia Lamar contributed to this article.

SOURCE: http://www.marketwatch.com/story/enphase-energy-shares-open-up-25-post-ipo-2012-03-30

Clean Wind Energy Tower, Inc.

Clean Wind Energy Tower, Inc. (OTCBB:CWET) was established to commercialize a number of proven and validated technologies and construction systems into a single large downdraft tower structure that produces abundant inexpensive electricity.

Please click here to Download the Fact Sheet (PDF).

About Clean Wind Energy, Inc.

Clean Wind Energy, Inc. has designed and is preparing to develop, and construct large “Downdraft Towers” that use benevolent, non-toxic natural elements to generate electricity and clean water economically by integrating and synthesizing numerous proven as well as emerging technologies.

Our Company’s core objective and focus is to become a leading provider of clean efficient green energy to the world communities at a reasonable cost without the destructive residuals of fossil fuel, while continuing to generate innovative technological solutions for today and tomorrow’s electrical power needs.

In addition to constructing Downdraft Towers in the United States and abroad, the Company intends to establish partnerships at home and abroad to propagate these systems and meet increasing global demand for clean water and electricity. Clean Wind has assembled a team of experienced business professionals, engineering and scientific consultants with access to the breakthrough energy research upon which this technology is founded and the proven ability to bring the idea to market. Clean Wind has filed several patents that the Company believes will further enhance this potentially revolutionary technology. Clean Wind Energy, Inc. is based in Annapolis MD, and is traded on the OTCBB under the symbol ‘CWET’.

Innovative Renewable Energy Technology

The Downdraft Tower is a hollow cylinder with a water spray system at the top. Pumps deliver water to the top of the Downdraft Tower to spray a fine mist across the entire opening. The water evaporates and cools the hot dry air at the top. The cooled air is denser and heavier than the outside warmer air and falls through the cylinder at speeds up to and in excess of 50 mph, driving the turbines located at the base of the structure. The turbines power generators to produce electricity.

In geographic areas where atmospheric conditions are conducive, the exterior of the Downdraft Tower may be constructed with vertical “wind vanes” that capture the prevailing wind and channel it to produce supplemental electrical power. This dual renewable energy resource enhances the capability and productivity of the Clean Wind system.

Intellectual Property

The Company has filed several patent applications with the U.S. Patent Office to protect its technology including:

• A modified mobile base for large tower cranes incorporating a multi-wheeled air ride suspension system for even load distribution on 20 or more wheels, with the ability to keep the tower plumb in all working conditions.
• Improved Wind Energy Power Transmission System – To more effectively transmit energy via a new multi-stage variable hydraulic drive system that operates efficiently through a very broad range of wind and turbine speeds.
• Energy Tower Having External Wind Capturing Capacity – To supplement the available energy of an energy tower by capturing existing winds aloft (800 to 4,000 ft).

Environmental

Various parties in the United States and other nations are pursuing clean energy solutions that use efficient and cost-effective renewable resources to serve society while avoiding the adverse effects associated with fossil and nuclear fuels, and also the obvious limitations of solar collectors that work only when the sun shines or wind turbines that work only when the wind blows.

The Downdraft Tower has the capability of being operated with virtually no carbon footprint, fuel consumption, or waste production. The technology has the potential to generate clean, cost effective and efficient electrical power without the damaging effects caused by using fossil or nuclear fuels, and other conventional power sources. The Company also believes that increasing emphasis on green technologies and governmental incentives in the energy industry should have a positive long-term effect on the Company’s planned business and the wind energy industry in general.

Abundant, Clean, Affordable Energy Production

As currently designed, the Company anticipates that each Downdraft Tower will be capable of generating up to 2,500 megawatts per hour, gross, of which approximately 1/3 will be used to power its operations. From normal to ideal circumstances the Tower should have a potential yield of 1,100 to 1,500 megawatts per hour available for sale to the power grid. One megawatt equates to 1,000,000 watts or 1,000 kilowatts of electricity. Currently, avoided costs per kilowatt in California are running approximately $0.11 per kilowatt hour.

The annual capacity factor for the downdraft portion of the Energy Tower is predicted at approximately 51%. Prime production periods are daytime and evening during spring, summer and fall, which closely align with electricity demand patterns. However, the External Wind Capture keeps working 24/7, whenever a wind is blowing, including cold winter months and at night. Its capacity factor is estimated at approximately 75%, which raises the Energy Tower’s overall capacity factor to above 60%.

Economic Benefits

Jobs Created -Since the Downdraft Tower will be constructed using conventional materials, equipment and techniques, associated industries surrounding each Tower site will benefit significantly from the creation of professional jobs, manufacturing, construction and transportation jobs.

The Clean Wind Energy downdraft tower is a U.S. based invention that will provide clean renewable energy at a cost more favorable than nuclear plants with no negative impacts to our planet.

Partners

The Company has entered into a number of agreements with potential partners to meet the development aspects of the tower. Specifically, three of the largest companies in the world are working with Clean Wind Energy, Inc., providing final bids to meet the tower´s specifications.

SOURCE: http://www.ir-site.com/cleanwind/default.asp

But shares sank 3.5% after hours to $34.10 as the company also said it lowered its full-year production expectations and trimmed its capital spending plans. As of the close, the stock had gained 11% since the start of 2012.

The company now expects to spend $2.1 billion in capital expenditures, down from its forecast of $2.3 billion in December, and sees production growing 13% from 2011 to 560 billion to 570 billion cubic feet equivalent, down from its December guidance of 570 billion to 580 billion.

Earnings have varied for Southwestern as a slump in natural-gas prices continues to pressure revenue. The current glut of natural gas partly stems from the U.S. energy industry’s success with new exploration techniques–notably hydraulic fracturing of shale formations, or fracking. Investors sense the oversupply of natural gas won’t improve until next year.

Chesapeake Energy Corp. CHK +0.04% , the second-largest U.S. natural-gas producer, said last month it would cut production in response to the weak prices. In contrast, Southwestern in December said it will boost its capital investment and natural-gas production, with a strong focus on Pennsylvania’s Marcellus Shale region, but on Monday scaled back those plans. Like many of its peers, Southwestern has made up for weak market conditions by sharply boosting production.

For the latest quarter, Southwestern reported a profit of $158.5 million, or 45 cents a share, up from $149.5 million, or 43 cents a share, a year earlier. Revenue rose 11% to $744.2 million.

Analysts polled by Thomson Reuters had expected a profit of 47 cents with $763 million of revenue.

Operating margin narrowed to 35.5% from 38.3%, as expenses rose 16%.

Total production increased 20%, building on a 25% jump a year earlier. The average realized price for natural gas, including hedging, declined 6.7%, while oil prices jumped 17%.

Operating income declined 2.1% in the exploration and production segment on lower natural-gas prices, while the smaller midstream services business saw earnings rise 19% on improved gathering revenue from its Fayetteville and Marcellus Shale properties.

SOURCE: http://www.marketwatch.com/story/southwestern-energy-fourth-quarter-net-up-6-2012-02-27

Revenue of A$430.1 million for the six months to Dec.31 compared with A$411.1 million a year earlier. That was based on production of 65.3 petajoules of gas equivalent, down 4% from 68.2 PJ.

Quarterly revenue for the three months to Dec.31 also rose 5%, as higher prices offset a 9% output decline due to lower seasonal demand and the planned shutdown of the Otway and Kupe gas plants for major maintenance.

Origin also generates electricity and is Australia’s biggest electricity retailer.

SOURCE: http://www.marketwatch.com/story/origin-energy-gas-oil-revenue-up-on-higher-prices-2012-01-30

Harvey had been chairman and chief for the last six years, having worked at the utility company and its predecessor for 25 years.

Alliant named Chief Operating Officer Patricia L. Kampling to become chief executive and chairman after he retires. She joined the company in 2005, most recently serving as operating chief and financial chief and treasurer before that.

Before joining Alliant, Kampling spent more than 20 years in various finance, regulatory and engineering positions at Exelon Corp. EXC +0.33% .

Recently, results at Alliant–an electric and natural-gas utility centered in the upper Midwest–have been uneven results because of tepid demand for power and low gas volume. In its latest quarterly results, profit fell 18% on lower electric revenue despite a revenue jump in its nonregulated business.

Shares were up nine cents at $42.99 after hours. Through the close, the stock has risen 15% in the last year, better than the market at large.

SOURCE: http://www.marketwatch.com/story/alliant-energy-ceo-to-retire-in-march-2012-01-21

The oil-and-natural-gas-exploration-and-production company filed plans in September for an initial public offering of as much as $150 million in stock.

The company was formed to acquire Sanchez Energy Partners I LP’s unconventional-oil-and-natural-gas assets, which are being contributed by SEP Holdings III LLC. Sanchez Energy has about 39,000 net leasehold acres in the Eagle Ford Shale in south Texas, and plans to aggressively pursue additional leasehold and strategic acquisitions in the Eagle Ford Shale.

The Eagle Ford shale is a promising natural-gas-and-oil-bearing rock formation in south Texas.

Sanchez Energy plans to use the IPO proceeds as partial payment for its formation transactions and to fund capital expenditures and general corporate purposes, according to its regulatory filing.

For the nine months ended Sept. 30, Sanchez Energy reported a profit of $3.4 million on revenue of $9.9 million.

The company intends to trade on the New York Stock Exchange under the symbol SEN.

SOURCE: http://www.marketwatch.com/story/sanchez-energy-to-sell-10-mln-shares-at-24-26-2011-11-25

Mentor Capital CEO, Chester Billingsley, explains the advantage over Gamma Knife or even the latest in Proton Radiology. “Neutrons pass harmlessly through human tissue without the collateral damage of radiation. However, if just a few atoms of Gadolinium – 157 are biologically tagged within the cancer nuclei, the extremely large neutron cross-section of this stable isotope will result in the absorption of a neutron adjacent to a cancerous DNA string. Immediately, a highly energetic electron is ejected with sufficient energy to cleave the double DNA strand, stopping the cancer cell.” He continues, “Readying this type of breakthrough medical science for commercialization is just the type of advanced project and company that we look to support as part of Mentor’s $125 Million Direct Cancer Equity Funding Program.”

Importantly, the Hadron system is classified as a medical device, and a clinical trial to include late-stage cancer patients is planned for September 2012. Hadron Systems; Technology Coordinator; F.W. Fischer will be responsible for applying $5 Million toward this last stage of product test: “Particle therapy is universally recognized to be curative for patients diagnosed with cancer at an early stage. Biologically guided particle therapy is the next plateau in radiotherapy, damaging the tumor microenvironment, whether of the primary tumor, cancer infiltration of the lymph system, small tumors or metastases of host organs. In doing so, the effect is immune recognition and a strong immune response to tumors.”
Mentor Capital securities structure is 93% warrants with only 2 million shares outstanding. As a result, asset accumulation, such as with this $5 Million of Hadron shares, will strongly influence the early exercise of some of Mentor’s $125 Million in warrants that are earmarked to be paid out to Hadron and others. In this manner, the associated new and existing shareholder purchases are focused along the lines of the socially responsible investment and cancer benefits that Mentor Capital shareholders have requested.

A sample of a $10 Million pro forma Direct Cancer Equity Contract, similar to the contract with Hadron, with additional relevant information, is presented at www.MentorCapital.com.

Forward Looking Statements, Safe Harbor and Risk Descriptions are Incorporated by Reference from the MNTR Company Web Site above.

SOURCE: http://www.mentorcapital.com/MNTR-Acquires-$5M-Hadron-Neutron-Therapy-Interest.html