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Natural Gas Demand and Hydrogen Production Technologies May Be Bright Spot for Energy Sector Stocks as Sales Increase

CORAL SPRINGS, Florida, September 28, 2016 /PRNewswire/ --

As certain segments of the energy sector struggles of late, the alternative energy industry continues to make a push towards mainstream in the economy around the globe as more and more switch to renewable energy systems.   Energy companies with active trading and or developments in the markets today are Chesapeake Energy Corporation (NYSE: CHK) , Xfuels Inc. (OTC: XFLS), SunPower Corp. (NASDAQ: SPWR), Real Goods Solar, Inc. (NASDAQ: RGSE) and Rice Energy Inc. (NYSE: RICE).

Xfuels Inc. (OTC: XFLS) is pleased to report on Area 2 Energy progress.  Xfuels is pleased to announce that sales are projected to be up by 200%, for the 6 months ending October 2016.   Due to Xfuels investment into production and rising commodity prices, according to October AECO futures, sales are anticipated to be 200% higher than purchase in May.

Read the full XFLS Press Release at:

Mr. Michael McLaren states "Now that commodity prices have increased to a reasonable level our focused goal is to get the field producing at a rate of 2500 GJ/day by the end of November 2016." He further stated, "Our near term target is to have the field producing 3100 GJ/day by the end of the year going into January and February where futures are expected to top $3.00/GJ."  The company continues to work on the 4 ton/day Gas to Liquids (GTL) pilot plant and reports progress is going forward on schedule.  Once completed the plant will add another $2,500.00 per day in sales of the liquids to the project with minimal effect on the overall gas production.  Once installed and proven Xfuels will begin expanding the project to 10 tons per day.

In other market and trading activity of note from around the energy industry: 

Chesapeake Energy Corporation (NYSE: CHK) closed down over 5% on Tuesday at $6.23 on heavy trading with over 83Million shares traded by the market close.  In afterhours trading it traded slightly up.  Chesapeake announced yesterday the expiration and final results of its offers to purchase for cash (the "Tender Offers") up to $800,000,000 aggregate purchase price (exclusive of accrued interest) (the "Aggregate Maximum Purchase Amount") of the outstanding notes of Chesapeake set forth in the table below (collectively, the "Notes").  As of 11:59 p.m., New York City time, on September 26, 2016 (such date and time, the "Expiration Date"), Chesapeake received valid tenders totaling approximately $933.3 million aggregate principal amount of the Notes.

SunPower Corp. (NASDAQ: SPWR) closed up over 5% at $8.70 on average trading volume of over 2.89Million shares traded by the market close.  SPWR was also up slightly in afterhours trading.  Colton Joint Unified School District (CJUSD) and SunPower recently celebrated the upcoming construction of SunPower® Helix™ carport systems at 28 schools.  The SunPower Helix carport systems will generate approximately 6.1 megawatts (MW) of clean energy and are estimated to provide CJUSD with more than $35 million in electricity savings over the next 25 years. On completion, SunPower estimates that 73 percent of the district's electricity will be provided through the SunPower Helix carport systems. CJUSD will buy power at a competitive rate under a power purchase agreement (PPA) with SunPower and will own the renewable energy credits associated with the systems.

Real Goods Solar, Inc. (NASDAQ: RGSE) was a Nasdaq top performer yesterday closing up 110% at $5.59 on over 44 Million shares traded by the market close.  RGS Energy recently completed the previously announced $2.8 million offering of units consisting of its Series A 12.5% Mandatorily Convertible Preferred Stock, stated value $1,000 per share (the "Preferred Stock"), and Series H warrant at a price of $1,000 per unit.

Rice Energy Inc. (NYSE: RICE) closed down over 7% at $25 on heavy trading of over 22.2 Million shares traded by the market close.  This following recent news Rice Energy has entered into a purchase and sale agreement ("PSA") to acquire Vantage Energy, LLC and Vantage Energy II, LLC (collectively, "Vantage Energy") for approximately $2.7 billion, including the assumption of debt. In connection with the acquisition, Rice Midstream Partners LP (RMP) ("RMP") will purchase the acquired midstream assets from Rice Energy for $600 million. The transaction is expected to close in the fourth quarter of 2016, subject to customary closing conditions. 

DISCLAIMER:  FN Media Group LLC (FNMG) is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels.  FNMG is NOT affiliated in any manner with any company mentioned herein.  FNMG and its affiliated companies are a news dissemination solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security.  FNMG's market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities.  The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material.  All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks.  All material included herein is republished content and details which were previously disseminated by the companies mentioned in this release.  FNMG is not liable for any investment decisions by its readers or subscribers.  Investors are cautioned that they may lose all or a portion of their investment when investing in stocks.  For current services performed FNMG has been compensated three thousand dollars for news coverage of the current press release issued by Xfuels Inc.  by a non-affiliated third party.  FNMG HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.

This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and FNMG undertakes no obligation to update such statements.

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