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

Yesterday, TECO had an extremely good session, which made a lot of investors exstatic. The price surged 58.97% on approximately 9.1 million shares and closed at $0.062. Less than a month ago, it was a sub-penny stock.

It seems the factor that caused the $0.015 resistance to break was the press release published by TECO on Apr. 12. In it, the company announced it had signed a “definitive letter of intent” to purchase producing oil and gas leases in the Texas 7B Oil District. The PR said the acquisition was projected to close on Apr. 14.

The 8-K that was supposed to reveal the details of the acquisition is still to come.[BANNER]

This didn’t seem to dampen the spirits. On Apr. 14, the company announced Bruce Gwyn had been appointed to the Board of Directors, effective Apr. 15. This gave extra confidence to investors and the run continued.

TECO is based in Houston Texas. The company is engaged in the process of adding oil and gas properties to its assets. That’s part of what is said on the company website. At this time, the news section there is not updated for some reason and the latest release is from December 22, 2010.

The latest financial report is the annual report filed on Apr. 15. According to the 10-K, TECO was not in the most favorable financial state as of December 31, 2010:

• $148 cash to account for the company’s total current assets
• $1,485,699 liabilities, all of which current
• $1,570 in revenue and $769,679 net loss for the year

Statements like “we may have difficulty financing our planned growth” and “… at December 31, 2010… we had no proved oil and gas reserves…” may not sound too promising.

This, however, doesn’t seem to bother traders and today’s session is starting very well for TECO. The company provided another PR to inform potential investors that it had acquired a drilling rig.

While there are still no details about the previously announced acquisitions, it seems the run will go on for the time being. For how long, and how far it will take TECO, remains to be seen.

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The stock of Far East Energy Corp. (OTC:FEEC) is gaining back investor respect these days. Yesterday FEEC surged high on strong volume, but the new session today promises to be hot as well as early in the morning the company announced the NPV of its Shouyang Project. A few weeks ago, FEEC raised also additional cash to support its drilling program.

Yesterday the share price of FEEC jumped to $0.55 during the session and the closing price was $0.515, a 6.19% increase from the previous day close. Trading volume was heavy and exceeded 4 million traded shares, which together with some other technical indicators could be a signal that FEEC stock may finally end up its long-term depreciation.

Today Far East Energy said that an independent third party has calculated the Net Present Value of the expected cash flows from FEEC Shouyang Block, located in Shanxi Province, China. According to the report, the NPV using a 10% Discount is $738.3 million (best estimate), while the report gives a High Estimate of $1.46 billion and a Low Estimate of $131.3 million. That could be an indication about the value of FEEC business, but it should by no means be considered a measure of the available reserves at that property.

In the middle of March, the company also announced the completion of a direct offering in which it sold 34.88 million common shares for gross proceeds of $17.53 million. That additional cash is supposed to be used to enhance the drilling of the wells at the Shouyang Block.

The company’s 10-K for the fiscal year ended December 31, 2010 confirms that there has been minimal gas flow and sales from the Shouyang Block under the Shouyang Project Coalbed Methane Purchase and Sales Contract to which FEEC is a beneficiary. The gas delivery has been interrupted though due to testing and commissioning of the installed equipment, and re-commenced in mid- March. FEEC expects that it would be able to move higher gas volumes from the middle of this month.

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For no apparent reason, the share price of ERHC Energy Inc. (OTC:ERHE) fell down on Friday to its bottom for the past 52 weeks. Trading volume was also the second largest for the past year, expressing excessive investor disappointment, the reasons for which are yet to be revealed.

ERHE closed Friday session at $0.135 and 8.16% lower than the previous close on a trading volume reaching over 3.6 million shares. During the day, the share price marked a new yearly bottom at $0.12, which made ERHE value half of what it used to be just a couple of months ago.

No particular reason for the new yearly bottom can be pointed out, but for a company with no established revenue sources the market cap of almost $100 million is still remarkable. The latest announcement from the company came about three weeks ago. Then, ERHE issued a press release to update its shareholders about its latest activities and developments, but the update obviously did not sound promising to investors since after that ERHE started losing value even stronger than before.

According to that last update, the company is still negotiating, or is about to start the negotiations, for certain contracts about the works on its properties. In combination with ERHE latest quarter report that was filed in the beginning of February, the lack of any progress could have been disappointing, but maybe not that surprising.

ERHE 10-Q says that the company was founded in 1986 and was engaged in a variety of businesses up to 1996, when it began its current operations. They are focused on the exploration of oil and gas properties in the Gulf of Guinea offshore of central West Africa, but as already mentioned have not produced any results so far. Thus, despite the $13 million of cash that ERHE had at the end of last year and its lack of long-term debts, the future seems highly uncertain and risky for the stock to appreciate in the near future.

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On Friday, the price of GBEN stock increased 2% and closed at $0.102 on 733 thousand shares. There was a series of press releases the previous days and one on Friday.

In addition to the hype that the PRs may generate, there is a promotional campaign of GBEN. It is not a cheap one either. At least $105 thousand were paid for the appearance of the symbol in different newsletters. There is also a video chart available for GBEN, which costs $7,500.

Global Resource Energy, Inc. (f.k.a. Aura Bio Corp.) is a development stage company engaged in the clean energy sector. According to the latest available financial report, the company had $2.7 thousand in cash and total liabilities of $13.6 thousand.

The latest PR concerned the signing of a letter of intent, which on its own is hardly anything solid, but combined with the other ways the company is trying to get more eyes on itself there is a possibility the stock will move today.

There are at least two things that are clear at this point. The company is in its early development stage, and it’s trying to get attention from traders. How this will work out remains to be seen.

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