Market Wire - Energy and Utilities

BAYTEX ENERGY TRUST: Baytex Energy Trust Announces Increase to Exchangeable Share Ratio - July 2, 2008

CALGARY, ALBERTA (MARKET WIRE) Baytex Energy Trust (TSX: BTE.UN) (NYSE: BTE) is pleased to announce the increase to the Exchange Ratio of the Exchangeable Shares of Baytex Energy Ltd. from 1.76792 to 1.78103. This increase will be effective on July 15, 2008.
http://www2.marketwire.com/mw/release_html_b1?release_id=412709&tsource=3

Gendis Inc.: Gendis Inc. Shares Purchased Under Normal Course Issuer Bid - July 2, 2008

WINNIPEG, MANITOBA (MARKET WIRE) Gendis Inc. (TSX: GDS) has announced a Normal Course Issuer Bid for a maximum of 714,434 of its Common shares with purchases commencing on January 14, 2008. During the month ended June 30, 2008, Gendis Inc. purchased for cancellation 4,400 of its Common shares for a total consideration of $9,460.00. Total purchases since the Normal Course Issuer Bid commenced up to June 30, 2008 are 137,200 Common shares for a total consideration of $272,790.00.
http://www2.marketwire.com/mw/release_html_b1?release_id=412678&tsource=3

USR Technology Inc.: Heritage Explorations Announces Name Change, New Direction of Company and Appointment of New President - July 2, 2008

HOUSTON, TEXAS (MARKET WIRE) Heritage Explorations Inc. is please to announce that effective June 26, 2008 the company changed its name to USR Technology Inc. (OTCBB: USRT) to reflect a new and exciting direction being undertaken by the company in the oil and gas services sector, specifically the provision of directional drilling services to international oil and gas companies, with emphasis on Ultra-Short Radius (USR), Short Radius (SR) and slim hole applications. The company will deploy...
http://www2.marketwire.com/mw/release_html_b1?release_id=412672&tsource=3

Altai Resources Inc.: Altai Announces Changes in Board - July 2, 2008

TORONTO, ONTARIO (MARKET WIRE) Altai Resources Inc. (TSX VENTURE: ATI) (US Sec. Rule 12g3-2(b) File 82-2950) ("Altai") is pleased to announce that at the 2008 Annual Meeting of the Shareholders held on June 24th in Toronto, the following directors were re-elected and elected: Dr. Niyazi Kacira, as President and Director, along with Dr. K. Sethu Raman, Rejean Paul P.Eng., Dr. Didier Pomerleau as Directors, and Maria Au MBA, CGA as Secretary-Treasurer and Director.
http://www2.marketwire.com/mw/release_html_b1?release_id=412627&tsource=3

Enterra Energy Trust: Enterra Energy Trust Makes Convertible Debenture Interest Payment - July 2, 2008

CALGARY, ALBERTA (MARKET WIRE) Enterra Energy Trust announces that it made its convertible debenture interest payment from cash flow on June 30, 2008 totalling $4.9 million, as per the terms of the convertible debentures.
http://www2.marketwire.com/mw/release_html_b1?release_id=412609&tsource=3

Epsilon Energy Ltd.: Epsilon Energy Ltd. Provides Operations Update - July 2, 2008

CONCORD, ONTARIO (MARKET WIRE) Epsilon Energy ("Epsilon" or the "Company") (TSX: EPS) is pleased to provide the following operations update:
http://www2.marketwire.com/mw/release_html_b1?release_id=412608&tsource=3

Next Millennium Commercial Corp.: Next Millennium Engages Investor and Public Relations Firm - July 2, 2008

TORONTO, ONTARIO (MARKET WIRE) Next Millennium Commercial Corp. (the "Corporation") (TSX VENTURE: NM) announces that it has entered into an investor and public relations services agreement with Steward Management Inc. ("Steward Management"). The contracted services include the provision of shareholder and investment community communications, and the development of corporate communication materials. Steward Management is a Vancouver based corporation controlled by Mr. John Halme. The agreement..
http://www2.marketwire.com/mw/release_html_b1?release_id=412601&tsource=3

High Velocity Alternative Energy, Inc.: High Velocity Alternative Energy (HVAG), Inc. Exits Bankruptcy - July 2, 2008

BEDFORD PARK, IL (MARKET WIRE) High Velocity Alternative Energy, Inc. (PINKSHEETS: HVAG) is pleased to announce that on June 27, 2008, the United States Bankruptcy Court for the Southern District of New York has approved the Settlement Agreement between the Company and Highgate House Funds, Ltd., with a one time "lump sum" payment of $750,000, in full settlement of all amounts due and all claims by all parties against each other. The Bankruptcy matter has been dismissed by the Court on the...
http://www2.marketwire.com/mw/release_html_b1?release_id=412579&tsource=3

Tengasco, Inc.: Tengasco Announces of Closing of Kansas Oil Purchase From Black Diamond Oil - July 2, 2008

KNOXVILLE, TN (MARKET WIRE) Tengasco, Inc. (AMEX: TGC) today closed the previously announced purchase by the Company from Black Diamond Oil, Inc. of an expected 80 barrels per day of oil producing properties and related leases and equipment in Rooks County, Kansas for $5.35 million effective as of July 1, 2008. The Company has acquired producing oil wells and saltwater disposal wells, equipment, and the underlying working interests in leases comprising what is known as the Riffe field that had.
http://www2.marketwire.com/mw/release_html_b1?release_id=412522&tsource=3

Gold Point Energy Corp.: CORRECTION FROM SOURCE: Gold Point Energy Announces LOI on Bulgaria Gas Project - July 2, 2008

VANCOUVER, BRITISH COLUMBIA (MARKET WIRE) A Correction from Source has been issued for the Gold Point Energy Corp. release issued July 2, 2008 at 9:30am ET. The corrected updated copy now follows.
http://www2.marketwire.com/mw/release_html_b1?release_id=412542&tsource=3