WESTON, FL , Foundry Networks(TM), Inc. (NASDAQ: FDRY),
Schlumberger (NYSE: SLB) and XTO Energy Incorporated (NYSE:
XTO).
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Exterra Energy Inc. (OTCBB: EENR) has just issued positive news
and investors looking to possibly benefit from the energy sector
should continue monitoring the stock closely! Yesterday after the
markets closed, the company issued a press release announcing the
successful fracture stimulation of the RSK-Star #6 well on June 18,
2008.
This good news for the company! According to the press release,
on June 24th, the well commenced gas sales at 550 Mcf per day on a
24/64" choke. Production flow is up the casing due to tubing
shortages. As of July 21st, gas sales have stabilized at
approximately 320 Mcf per day with a flowing casing pressure of 350
psi on a 30/64" choke. The installation of production tubing is
planned which will allow the continued recovery of frac fluids and
enhance the daily gas rates.
Exterra Energy owns a 21.1% Working Interest (15.61% Net Revenue
Interest) in the RSK-Star #6. The RSK-Star lease consists of 264.9
acres with six (6) producing Barnett Shale gas wells. Exterra owns
varying working interest in each of those six producing wells.
Three (3) additional Barnett Shale drill sites have been
identified, which were delineated by a 3D seismic survey over the
acreage.
"The successful fracing of the RSK-Star#6 well is a key
component of Exterra's continued operations within the core area of
the North Texas Barnet Shale gas field," stated CEO John Punzo.
"The Barnett Shale gas field is undoubtedly one of the largest
producing gas fields in the continental U.S. today, and Exterra is
committed to developing and expanding its acreage and assets within
the core area of the field."
Investors are urged to continue to monitor the progress of the
company!
The stock closed Tuesday at Thirty cents a share.
For Wall Street News Alert's in-depth profile of Exterra Energy
Inc., visit
http://www.WallStreetNewsAlert.com/HotStocks/EENR072208/default.aspx.
Foundry Networks(TM), Inc. (NASDAQ: FDRY) up 32.3% on 86.1
million shares traded. Foundry Networks, Inc. is a leading provider
of high-performance enterprise and service provider switching,
routing, security and Web traffic management solutions, including
Layer 2/3 LAN switches, Layer 3 Backbone switches, Layer 4-7
application switches, wireless LAN and access points, metro and
core routers.
Schlumberger (NYSE: SLB) down 1.8% on 11.3 million shares
traded. Schlumberger is the world's leading oilfield services
company supplying technology, project management, and information
solutions that optimize performance for customers working in the
oil and gas industry.
XTO Energy Inc. (NYSE: XTO) down 8.3% on 22.4 million shares
traded. XTO Energy Inc. is a domestic natural gas producer engaged
in the acquisition, exploitation and development of quality,
long-lived oil and natural gas properties in the United States. Its
properties are concentrated in Texas, New Mexico, Arkansas,
Oklahoma, Kansas, Wyoming, Colorado, Alaska, Utah, Louisiana,
Mississippi and Montana.
Market Commentary:
"Oil News: Prices plunged more than $3 a barrel Tuesday as
Tropical Storm Dolly grew increasingly unlikely to threaten supply.
The drop in prices Tuesday offered further evidence that investor,
who just recently drove prices to a new high above $147 a barrel,
are now quickly pulling money out of the market," stated Sonja Rudd
in Wall Street News Alert's daily commentary continued at:
http://www.WallStreetNewsAlert.com.
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XTO (NYSE:XTO)
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から 6 2024 まで 7 2024
XTO (NYSE:XTO)
過去 株価チャート
から 7 2023 まで 7 2024
