Market Wire - Energy and UtilitiesMarket Wire - Energy and UtilitiesEl Paso Pipeline Partners: El Paso Pipeline Partners, L.P. Announces WIC Expansion- July 2, 2008 HOUSTON, TX (MARKET WIRE) El Paso Pipeline Partners, L.P. (NYSE: EPB) today announced that its wholly owned subsidiary, Wyoming Interstate Company, Ltd. (WIC), will expand the WIC system upstream of the Opal Hub to accommodate increasing natural gas supplies from the Uinta Basin and Wamsutter production areas. The capital cost of the WIC expansion is estimated at $55 million. WIC has executed long-term firm transportation contracts with four shippers for a total of up to 255 thousand...http://www2.marketwire.com/mw/release_html_b1?release_id=412506&tsource=3 Electro Energy Inc.: Electro Energy to Exhibit and Present at 43rd Power Sources Conference- July 2, 2008 DANBURY, CT (MARKET WIRE) Electro Energy Inc. (NASDAQ: EEEI), a leading provider of advanced battery technologies and associated systems, today announced that it is co-sponsoring the 43rd Power Sources Conference being held July 7-10 at the Sheraton Philadelphia City Center and will be presenting and exhibiting the Company's advanced battery technologies at the conference. The Power Sources Conference will focus on energy-generation and storage technology as related to the Department of...http://www2.marketwire.com/mw/release_html_b1?release_id=412499&tsource=3 Sustainable Power Corp.: Sustainable Power Corp. Announces Receipt of Two Million USD From Pemco Energy AS- July 2, 2008 BAYTOWN, TX (MARKET WIRE) Sustainable Power Corp. (PINKSHEETS: SSTP) is pleased to announce today the completion and receipt of Two Million Dollars ($2,000,000.00) from Pemco Energy AS ("Pemco"), who is part of the Pemco Group of Europe, payable pursuant to a Stock Purchase Agreement between the Corporation and Pemco at a price of $0.04 per share; as previously announced.http://www2.marketwire.com/mw/release_html_b1?release_id=412473&tsource=3 Gold Point Energy Corp.: Gold Point Energy Announces LOI on Bulgaria Gas Project- July 2, 2008 VANCOUVER, BRITISH COLUMBIA (MARKET WIRE) Gold Point Energy Corp. (the "Company" or "GPE") (TSX VENTURE: GPE)(FRANKFURT WKN A0HGQ1) reported today that it has entered into a Letter of Intent with JKX Oil & Gas PLC ("JKX") and Aurelian Oil & Gas PLC ("Aurelian") to farm-in to a portion of two oil and gas licenses comprising 1,480 square kilometers (365,520 acres) in eastern Bulgaria. GPE has agreed to pay 40% of a 250 square kilometer 3D seismic survey plus 40% of the cost of two shallow test..http://www2.marketwire.com/mw/release_html_b1?release_id=412483&tsource=3 Goldnev Resources Inc.: Goldnev Resources Inc. Announces Private Placement Financing- July 2, 2008 CALGARY, ALBERTA (MARKET WIRE) Goldnev Resources Inc. ("Goldnev" or the "Corporation") (TSX VENTURE: GNZ), announces it intends to complete a private placement of up to a maximum of 10,000,000 Units at $0.25 per Unit, to qualifying residents under applicable securities legislation, for gross proceeds of $2,500,000.00 (the "Offering"). Each Unit will consist of one common share and one common share purchase warrant. Each full warrant entitles the holder to purchase one additional common share...http://www2.marketwire.com/mw/release_html_b1?release_id=412459&tsource=3 Paramax Resources Ltd.: Paramax Resources Ltd. Acquires US Based Shale Gas Acreage- July 2, 2008 VANCOUVER, BRITISH COLUMBIA (MARKET WIRE) Paramax Resources Ltd. ("Paramax" or the "Corporation") (TSX VENTURE: PXM) is pleased to announce that it has signed a letter agreement, dated June 30, 2008, to acquire a 50% interest in approximately 90,000 acres of land in the Rocky Mountain gas basin in Idaho and Oregon ("Gas Shale Asset") from an arm's length party. Paramax will acquire the interest in the land for total consideration of $US 1,750,000 plus an additional 250,000 shares of Paramax....http://www2.marketwire.com/mw/release_html_b1?release_id=412460&tsource=3 Tethys Petroleum Limited: Tethys Petroleum Limited: Appointment of Vice President Operations- July 2, 2008 GUERNSEY, CHANNEL ISLANDS (MARKET WIRE) Tethys Petroleum Limited ("Tethys" or the "Company")(TSX: TPL) today announced the appointment of Mr Luka Chachibaia as Vice President Operations.http://www2.marketwire.com/mw/release_html_b1?release_id=412446&tsource=3 Industrial Info Resources: El Paso Electric Moves Forward With Combined-Cycle Unit Addition, an Industrial Info News Alert- July 2, 2008 SUGAR LAND, TX (MARKET WIRE) Researched by Industrial Info Resources (Sugar Land, Texas) -- In order to meet growing demand for electrical power, El Paso Electric Company (NYSE: EE) (El Paso, Texas) is proceeding with the development of a 285-megawatt (MW) combined-cycle addition to the 559-MW Newman Power Station in El Paso. The station utilizes Allis-Chalmers (NYSE: ALY) (Houston, Texas) and GE Energy (NYSE: GE) (Fairfield, Connecticut) units.http://www2.marketwire.com/mw/release_html_b1?release_id=412328&tsource=3 Arena Solutions: Free Source Energies Selects Arena PLM to Streamline Processes and Make Geothermal Energy More Broadly Available- July 2, 2008 FOSTER CITY, CA (MARKET WIRE) Arena Solutions, the leading provider of on-demand product lifecycle management (PLM) software for manufacturers of all sizes, today announced that Free Source Energies, LLC has selected Arena PLM to streamline business processes and make geothermal-based renewable energy more broadly available. The company will use Arena PLM to facilitate collaboration, streamline the product change process, and ensure compliance with industry and safety standards and...http://www2.marketwire.com/mw/release_html_b1?release_id=412107&tsource=3 Victory Energy Corporation: Victory Energy Receives Permit Approval- July 2, 2008 CARSON CITY, NV (MARKET WIRE) Victory Energy Corporation (OTCBB: VYEY) announced today it has received permit approval from the Texas Railroad Commission Oil and Gas Division to drill a second 12,500 foot well. This permit is in the Corporation's current gas play in the Texas Permian Basin.http://www2.marketwire.com/mw/release_html_b1?release_id=412350&tsource=3 |