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Wentworth Projects More Than 100 Million Barrels from New Acquisition: WNWG, CVX, HAL, NOV. KSWJ.
Publication: M2 Presswire Publication Date: 31-OCT-05 |
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COPYRIGHT 2005 Ingram Investment Ltd.
M2 PRESSWIRE-31 October 2005-SessionsIR.com: Wentworth Projects More Than 100 Million Barrels from New Acquisition: WNWG, CVX, HAL, NOV. KSWJ(C)1994-2005 M2 COMMUNICATIONS LTD
RDATE:31102005
Stocks in the News: Wentworth Energy Incorporated (OTC: WNWG), Chevron Corporation (NYSE: CVX), Halliburton Company (NYSE: HAL), National Oilwell Varco Incorporated (NYSE: NOV), KSW Industries Incorporated (OTC: KSWJ)
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Wentworth Energy Incorporated shares gained 1.45% Friday to close at $0.70 per share. On Tuesday, the Company announced that it has closed on its acquisition of a large oil sands project in Utah's Unita Basin. Wentworth Energy has acquired 1592-acre lease known as the Asphalt Tar Sands project, for 1,000,000 shares of the Company's common stock and a 12 percent royalty on the net proceeds from the property. According to historic geological reports the company believes that total recoverable...
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