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Premier Energy Corp. PNRC.OB
DrStockPick.com Special Stock Report:
Monday, April 13 2009
DrStockPick.com, a division of Crown Equity Holdings, Inc.
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Premier Energy Corp. PNRC.OB
Premier Energy Corp. concentrates on activities in the area of oil and gas exploration and production.
Dr. Anton Prodanovic-Chief Executive Officer.
Dr. Prodanovic previously held positions in senior management at Mobil Corporation and Exxon Production Research Co., a division of Exxon Corporation.
Anton Prodanovic has significant professional experience in the evaluation, planning, permitting, contracting, construction and management of various energy projects. Our efforts will now be focused on the conduct of oil and gas exploration and production activities.
Premier Energy Corp PNRC.OB is seeking to create value through a balance of drilling activities, exploration and acquisitions of assets and companies. We will seek to locate and develop natural oil and gas reserves and extract these reserves while maintaining economical production and administrative costs.
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Headlines:
Premier Energy Engaged in Oil Production in Russia
Apr 13, 2009 4:05:00 PM CRWE Newswire
DALLAS–(CRWE Newswire)– Premier Energy Corp. (OTCBB: PNRC) announced today its engagement in oil production in Russia through its majority-owned subsidiary Karbon CJSC, which is the holder of the oil and gas exploration and production license for the North-Kopanskoye Oilfield in the Volga-Urals Basin.
The North-Kopanskoye Oilfield covers an approximate area of 3,213 acres and lies about 34 miles southeast of the city of Orenburg and 18 miles south of the Orenburg gas-condensate field. The North-Kopanskoye Oilfield contains two structurally-trapped, carbonate reservoirs, the Pennsylvanian Bashkirian A-4 and Permian Artinsky-1. The Bashkirian A-4 reservoir accumulated oil on two of the four individual domes in the Oilfield. The Artinsky-1 reservoir has a larger accumulation of oil with an associated gas cap, and a separate non-associated gas accumulation.
According to DeGolyer and MacNaughton’s appraisal report of 2007, as concluded from the results of over a dozen exploration wells drilled in 1980s, we believe that the North-Kopanskoye Oilfield includes proved oil reserves of about 8 million barrels. The report also indicates additional probable oil reserves of about 21 million barrels (not risk adjusted); however, a new seismic survey and additional drilling are needed to support the probable reserves.
Five of the exploration wells were subsequently completed and produced, but later shut in due to needed work-over. The only presently producing well in the North-Kopanskoye Oilfield is a development well drilled and completed in 2006, with a current production rate of over 60 barrels of oil per day (BOPD).
The present plans for the North-Kopanskoye Oilfield include a routine re-work on two shut-in wells by July and a full work-over on additional two shut-in wells by the end of 2009, with the aim to raise the production rate of the existing wells, as we expect, to 400 BOPD. For further development of the Oilfield and increase in its production rate, the present plans also call for drilling and completion of three new production wells. With necessary contractor agreements already in place, and the existing infrastructure available to accommodate the production increase, the total production rate we expect may reach 1,000 BOPD by the first quarter of 2010. The above plans are subject to obtaining timely the needed funding for the work planned, thus there is no guarantee that we would be able to achieve the production goals within the time frame indicated.
About Premier Energy
Premier Energy Corp., through its majority-owned Russian subsidiary, Karbon CJSC, is engaged in the business of producing oil and gas from the North-Kopanskoye Oilfield, exploring and, if warranted, developing new commercial reserves of oil and gas. The amended Form 8-K with the December 31, 2008 subsidiary’s financial statements can be found at the following link:
Click Here
Certain information included in this press release and Company filings (collectively, SEC Filings) under the Securities Act of 1933, as amended, and the Securities Exchange Act of 1934, as amended (as well as information communicated orally or in writing between the dates of such SEC filings) contains or may contain forward looking information that is subject to certain risks, trends and uncertainties regarding the Company’s ability to raise capital and international, national and local economic conditions described from time to time in our filings with the Securities and Exchange Commission.
Source: Premier Energy Corp.
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This is a continuation of a previous article…the “Equity Meeting at Bally’s in Las Vegas 2009″
Earlier this week I wrote about Mac Beam Inc, Advanced racing Computers (Vlink), Gel Tech Solutions and American Defense Systems, Inc.
I’m going to give a brief overview of a couple more companies that caught my attention while visiting the convention starting with:
Stellar Pharmaceuticals Inc. www.stellarpharma.com
I visited with Stellar Pharmaceutical and met Chairman of the Board Arnold Tenny. He gave me some insight about his company.
Stellar Pharmaceutical develops products based on naturally occuring, well studied compounds. The products they were promoting were NeoVisc and Uracyst. NeoVist is for the treatment of osteoarthritis and Uracyst is for the diagnosis and treatment of interstitial cystis. It was pointed out to me that Stellar’s proprietary manufacturing processes and lean operating structure allow them to sell their products at a substantial cost benefit.
To learn more go to www.stellarpharma.com
Stellar Pharmaceuticals, Inc
544 Egerton Street
London, Ontario N5W 328
416 587 3200
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Another comapny I discovered was the DRI Corporation. I attended CEO David Turney’s presentation and he gave a wealth of information about DRI Corporation publicly traded on the Nasdaq as TBUS. I recall his speaking about how they were positioning themselves to enter the South American market (Brazil).
David Turney
CEO DRI Corporation
Guest Speaker
Equity meeting Bally’s 2009
A brief overview of DRI Corporation:
DRI Corporation (NASDAQ: TBUS) is a digital communications technology leader in the domestic and international surface transportation and transit security markets.
Their products include: TwinVision® and Mobitec® electronic destination sign systems, Talking Bus® voice announcement systems, Digital Recorders® Internet-based passenger information and automatic vehicle location/monitoring systems, and VacTell™ video actionable intelligence systems.
Dri Corporation also has a list of subsidiaries. To learn more go to:
www.DRI Corporation.com
DRI Corporation
13760 Noel Road, Suite 830
Dallas, Texas 75240
Phone: (214) 378-8992
Fax: (214) 378-8437
More to follow about the “Equity Meeting at Bally’s in Las Vegas 2009″
article by Mark Vega
mvega@crownequityholdings.com
Vice President of Development
Crown Equity Holdings
9663 Saint Claude
Las Vegas Nevada 89148
702 448 1543
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New companies from Equity Show at Bally’s in Las Vegas 2009
I attended the Equity Meeting at Bally’s in Las Vegas 2009 with other executives from Crown Equity Holdings, Inc. (CRWE) this past week and discovered some very promising companies. I found some exciting new technologies along with new advances in the medical/pharmaceutical field. All in all the meeting ended with an optimistic feel amidst all the international economic woes. I’m going to give a brief overview of the companies that caught my attention while visiting the convention.
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Being a tech head and a skier I’m going to start with a new product/technology called the Vlink Racing Computer from Advanced racing Computers www.advancedracingcomputers.com. It’s designed to help improve a skiers performance. It’s currently being used by professionals like the US Ski Team but all levels would benefit from the device. The Vlink mounts on your skis and monitors your turning by giving you audible signals via in ear headphones. The audio feedback helps you adjust your turns to limit slippage which should increase your speed and efficiency.
I suggest you to research further on this company by going to www.advancedracingcomputers.com
Advanced Racing Computers
1939 Valley Hills, Blvd
Heber City, UT 8032
+1 435-671-6800
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The next company that got my attention was Gel Tech (GLTC) www.geltechsolutions.com. They were doing remarkable demonstrations all day long showing the advantages of their green fire suppression technology called fire ice. It comes in a powder that when added to water becomes a fire suppression gel. I actually witnessed a guy cover his hand with the gel then hold a blow torch 2 inches away pointing directly at his palm for about 5 seconds without getting any burns. The product is non-toxic and biodegradable and can be used in a variety of dispensing units from fire extinguishers to crop dusters.
To learn more go to www.geltechsolutions.com or www.fireicegel.com
Gel Tech (GLTC)
1460 Park Lane South, Suite 1
Jupiter, Florida 33458
561-427-6144
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One of the companies with new developments in the medical field is Mac Beam, Inc. www.macbeaminc.com. They are a privately owned company looking to become publicly traded in the near future. I saw products pertaining to noninvasive pain management being displayed but they have a whole list of products relating to stroke rehabilitation, pain management, diabetic-diagnosis and treatment, substance abuse & chemical dependency, computerized urine and hair analysis and more. What caught my attention is their MB System is FDA approved, painless, non invasive, non toxic. Their surgery free system that has dramatically improved the health conditions of thousands of patients all over the world. The Mac Beam Bio Energy Light Therapy System is designed using semi-conductor lasers and low level laser medical equipment in biological studies and clinical applications. Through the development of medical laser science it has been recognized that certain aspects of light used in medical treatment are responsible for the healing effect it offers the human body. I spoke to one of the executives at the show and she expanded on how their company is offering alternatives to surgery as being the accepted treatment for a whole list of symptoms.
More on their company can be learned at www.macbeaminc.com
Mac Beam, Inc
9455 Heil Ave
Fountain Valley, CA 92708
714-200-5512
714-724-8771
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The next interesting company I visited was American Defense Systems, Inc-ADSI traded as (EAG) They offer advanced solutions in the design, fabrication and installation of armor, security doors, windows and curtain wall systems. You might know them as the company that supplies the United States President with bullet proof glass for his speeches. There are examples of this on their website at www.adsiarmor.com. They also supply some of our armed forces with protective carriages for their big equipment movers and haulers e.g. Humvees, tractors and more.As of today they (EAG) are trading at$0.66 with a 52 week low/high of $0.37-$2.25 volume is around 32,000 shares.
For more info
www.adsiarmor.com
230 Duffy Avenue,
Hicksville, NY 11801
516-390-5300
article by Mark Vega
V.P. of Development
mvega@crownequityholdings.com
Stay tuned theres more to come about the Equity Show at Bally’s in Las Vegas 2009
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Dr Stock pick Industry News Report(CRWE.OB ) !
mark-to-market rule modification
Dr Stock Pick is pleased to offer you his Industry News Report service.
Today’s interest is: mark-to-market rule modification contributing to today’s strength
Las Vegas NV – 2/5/2009-CRWENEWSWIRE.COM
Reuters reports that it might be possible to modify mark-to-market accounting rules for U.S. banks facing steep writedowns of troubled assets without abandoning the underlying accounting standard, a senior Senate Democrat said. Sen. Christopher Dodd, chairman of the Senate Banking Committee, told reporters on Wednesday evening after a panel hearing that at least one former bank regulator was discussing how to approach the difficult issue without “walking away from” mark-to-market standards. The issue of how to value distressed assets held by U.S. banks has been one of the most difficult challenges in constructing a bank rescue plan, according to industry lobbyists and lawmakers.
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Dr. Stock Pick is a seasoned equity trader and financial investor. He’s on the Crown Equity Holdings, Inc (CRWE.OB) financial staff as a professional investment analyst and consultant. He’s syndicated on over 100 websites www.crwenews.com, www.stock-ir.com giving daily, up to the minute information about stocks, options, currencies and more. www.drstockpick.com email: investor@drstockpick.com
Dr Stock Pick would like to invite you to www.crowntradingsystems.com so you can check out the super 16 multi monitor super computer he trades on daily. If you’re looking for a multi display computer to enhance your trading then you’ll want to visit www.crowntradingsystems.com
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Our disclaimer is to be read and fully understood before using our site, reading our newsletter or joining our email list. Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment. (read more)
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Dr Stock pick Industry News Report (CRWE.OB ) !
Dr Stock Pick is pleased to offer you his Industry News Report service.
Today’s interest is: Optininvestors.com
Las Vegas NV – 2/5/2009-CRWENEWSWIRE.COM
Optininvestors.com
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Here’s where our unique approach comes in: we don’t include your company name or trading symbol on the information we send out. Here’s why: investors will opt in to find out what company we’re talking about. Once they’ve opted in, we send them a follow-up email that includes a complete company profile – plus we forward their contact information to you so that you can send them your own material directly.
If you’d like to know more about our services, or want to take a look at a sample profile, contact us by phone, or email us at info@optininvestors.com.
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Dr. Stock Pick is a seasoned equity trader and financial investor. He’s on the Crown Equity Holdings, Inc (CRWE.OB) financial staff as a professional investment analyst and consultant. He’s syndicated on over 100 websites www.crwenews.com, www.stock-ir.com giving daily, up to the minute information about stocks, options, currencies and more. www.drstockpick.com email: investor@drstockpick.com
Dr Stock Pick would like to invite you to www.crowntradingsystems.com so you can check out the super 16 multi monitor super computer he trades on daily. If you’re looking for a multi display computer to enhance your trading then you’ll want to visit www.crowntradingsystems.com
Disclaimer:
Our disclaimer is to be read and fully understood before using our site, reading our newsletter or joining our email list. Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment. (read more)
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