USA Superior Energy Holdings, Inc. (OTCBB: USSU), a Company focused on the application of new technologies to increase production in oil and gas wells, has completed an equity financing for a total of $1.0 Million USD with an additional $1.0 Million in possible financing through the exercise of warrants. The Company has used some of the proceeds from this raise to purchase 88 wells on 1,212 acres in Texas. The Company has begun its secondary oil enhancement project on these wells with great success. Production on the first 3 treated wells has increased up to 1,000%.
The Company has also acquired a 303 acre lease in Zavala County. This prospect lies one mile south of the first San Miguel production found in Zavala County, the Del Monte field in February 1947. The field produced over 5 billion cubic feet of gas and 120,000 barrels of oil. A recent geologic survey completed by Robert B. Robinson stated that, "(Soil gas) surveys outlined numerous centers of high gas indications and potential future drilling locations." The Company plans to begin its drilling operations on this field in the next 6 months.
Other stocks highlighted include 8x8, Inc. (NASDAQ: EGHT): Hot Stocks List, down 6% on 2 million shares, Dendreon Corp. (NASDAQ: DNDN): Hot Stocks List, down 7% on 27 million shares, Yahoo! Inc. (NASDAQ: YHOO): Hot Stocks List, down 2% on 41 million shares.
TheSUBWAY.com's Daily Stock Updates:
TheSUBWAY.com, a leader in corporate communications and finance, highlights stocks that are in the news, have traded high volume, or experienced a large change in price in recent sessions. The aforementioned commentary is not meant to be indicative of a "long term" view of any of the companies listed. For more go to http://www.thesubway.com.
StockPromoters.com Daily Ranking
TheSubway.com is consistently ranked in the top 4 on the StockPromoters.com "Best performing promoters of all time" list. This is out of over 1,000 promoters and promotional campaigns tracked by StockPromoters.com. Visit http://www.StockPromoters.com for more details.
All material herein was prepared by CRG Partners, Inc. (CRGP) based upon information believed to be reliable. The information contained herein is not guaranteed by CRGP to be accurate, and should not be considered to be all-inclusive. The companies that are discussed in this opinion have not approved the statements made in this opinion. This opinion contains forward-looking statements that involve risks and uncertainties. This material is for informational purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities. CRGP is not a licensed broker, broker dealer, market maker, investment banker, investment advisor, analyst or underwriter. Please consult a broker before purchasing or selling any securities viewed on http://www.thesubway.com or mentioned herein. CRGP has been compensated by third party shareholders with shares or with cash from the company on behalf of one or more of the companies mentioned in this opinion. CRGP has been compensated forty thousand dollars for USSU. In addition to any compensation mentioned above, additional compensation can be equal to ten percent of any newly issued or registered securities of the profiled companies. CRGP and its web site are operated under a license from Capital Research Group, Inc., TheSUBWAY.com Inc. and One Source Solutions Inc. (Licensors) and CRGP is not the agent of any of the Licensors and CRGP is solely responsible for all statements made herein. CRGP's affiliates, officers, directors and employees intend to buy and sell additional shares in any company mentioned herein and may profit in the event those shares rise in value. CRGP will not advise as to when it decides to sell and does not and will not offer any opinion as to when others should sell; each investor must make that decision based on his or her judgment of the market.
CRG Partners, Inc.