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ORCL, Oracle Corp.
ORCL develops, manufactures, markets, distributes, and services database and middleware software, applications software, and hardware systems worldwide.
ORCL has agreed to pay US government $46 million to settle charges over alleged kickbacks at Sun Microsystems Inc. which ORCL bought last year.
More about ORCL at www.oracle.com
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ORFG, Orofino Gold Corp., ORFG.PK
Gold has been widely used throughout the world as a vehicle for monetary exchange, either by issuance and recognition of gold coins or other bare metal quantities, or through gold-convertible paper instruments by establishing gold standards in which the total value of issued money is represented in a store of gold reserves.
Because of the softness of pure (24k) gold, it is usually alloyed with base metals for use in jewelry, altering its hardness and ductility, melting point, color and other properties. Alloys with lower caratage, typically 22k, 18k, 14k or 10k, contain higher percentages of copper, or other base metals or silver or palladium in the alloy.
ORFG is an International gold company focused on the acquisition, exploration and development of gold properties in Mexico and Colombia. ORFG has reviewed several bulk minable properties and has signed an option to acquire properties in the Sur de Bolivar Department of Colombia South America
ORFG has several Gold development properties in Colombia, a current hot spot of gold production in the world markets.
La Azul is one producing artesanal mine in the Senderos de Oro area controlled by ORFG, it is a mixed sequence of predominantly volcanic rocks with the vien systems comprised of high grade chalcopyrite, galena and sphalerite with pyrite in quartz viens.
It has been interpreted (by Shaw 1993) that the metallogenic zonation around the La Azul workings evokes a very viable “hidden porphyry” exploration model. This interpretation and the prospectivity of the area have been confirmed by ORFG “qualified person” as per the 43-101 rules.
According to the company, ORFG will move ahead aggressively to persue the current interpretations, work programs and drilling will begin soon.
More about ORFG at www.orofinogold.com
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PPWE, Proper Power and Energy, Inc., PPWE.OB
What happens in the oil and natural gas industry echoes throughout the economy. That’s because the industry is connected to a large variety of industries that use oil and natural gas products either directly or indirectly. New taxes could harm workers and industries throughout the economy.
It is a generally known fact that the United States has been importing oil since the 1970’s because oil production at home cannot meet the sky-rocketing demands of our consumption. According to the 2009 yearly average, the U.S. Crude Oil is devouring around 21 million barrels a day and U.S. production is approximately around 5 million. Why are things increasing so rapidly? Why are resources running out at such a high acceleration? There is no easy answer but all of it is very much related to one single idea: a great number of growth.
PPWE is an independent oil and gas exploration and production company. PPWE’s operations are in Kentucky, which provides for low risk developmental drilling and production, and Utah, which the Company controls over 11,000 acres for its exploratory prospect.
The state of Utah is ranked 13th in the country in crude oil production and 9th in natural gas gross production (Energy Information Administration; rankings based on 2008 production, not including Federal Offshore production areas). There are approximately 9,100 wells currently in production within the state.
Renowned geophysicist and consultant to PPWE, Robert Dunbar, believes the Utah prospect could hold up to one billion barrels of recoverable oil.
PPWE recently met with the executives of Thrust Resources Inc. and EQ Resources Inc. in a meeting focused on a joint venture for the Central Utah Prospect between the Companies.
PPWE also recently reported that its wholly owned subsidiary, American Resources, Inc. (ARI), has begun production on its 87.5 acres in Western Kentucky.
ARI has completed the re-work on all 4 wells, with those wells online and pumping.
Kentucky’s existing oil and gas infrastructure is extensive. Finding and production costs are low due to the occurrence of shallow resources. Kentucky is centrally located for access and distribution to northern and eastern industrial markets
More about PPWE at www.properpower.com.
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