Freedom Estimates 30,000 Gallons of Grease Collected From Existing Commercial Clients Per Month to be Sold to Processing Facilities at $1.75 Per Gallon
Wednesday May 19, 2010, 8:00 am EDT
ORLANDO, Fla., May 19, 2010 (GLOBE NEWSWIRE) -- Freedom Environmental Services (Pink Sheets:FRDM) announced today its biofuel consultant, Homestead Inc. has developed a business plan for initiating a biofuel revenue stream for the company. Freedom anticipates collecting 30,000 gallons of grease per month initially, which will then be shipped to existing processing facilities across the country to be turned into biofuel and resold. Freedom expects to receive $1.75 per gallon for the grease it collects from existing commercial clients.
Monday May 17, 2010 – PremierStocks.tv releases a trading alert for Nitro Petroleum, Inc. (OTCBB: NTRO).Nitro Petroleum’s exciting news last week reported that the Ward-McNeil well in Garvin County, Oklahoma is now ready for a fracture treatment.NTRO Operator and Geologist have identified a potential pay zone in the Viola Limestone Formation, which is big news for NTRO!PremierStock.tv will be keeping an eye on NTRO developing news as it becomes available.
OKLAHOMA CITY, OKLAHOMA--(Marketwire - 05/17/10) - Nitro Petroleum Incorporated (OTC.BB:NTRO) is pleased to announce an engineering update on the first two wells in regard to the current enhancement program. The Quinlan #1, Quinlan #2, and Quinlan #3 wells are located in the Northeast Shawnee Field in Pottawatomie County, Oklahoma. Nitro is the operator on this field and chose to upgrade these 3 wells first which includes re-works on mechanical equipment down hole and chemical treatments which will happen within the next thirty days on the Quinlan #1 and Quinlan #2 wells. This work should result in a significant increase of daily production rates. In addition, Nitro's engineering department advises that the Viola Limestone is behind pipe in the Quinlan #3 well which should be re-equipped and put online within the next thirty days for new production. The company is actively seeking further Oil & Gas opportunities and is in negotiations on several projects subject to due diligence.
OKLAHOMA CITY, OKLAHOMA--(Marketwire - 05/14/10) - Nitro Petroleum Inc. (OTC.BB:NTRO) reports that the Ward-McNeil well located in Section 27, T3N, R1W, Garvin County, Oklahoma is now ready for a fracture treatment. Nitro is the Operator on this project and their Geologist has identified a potential pay zone in the Viola Limestone formation. Previously, the well had been perforated and produced oil in the Lower Layton Sand sequence and the Viola Detrital.
Company Foresees Strong 2010 Supported by Expanding Commercial Business
Tuesday May 11, 2010, 8:00 am EDT
ORLANDO, Fla., May 11, 2010 (GLOBE NEWSWIRE) -- Freedom Environmental Services (Pink Sheets:FRDM) announced today that it has reduced its operating expenses by 41% year-over-year in period ending December 31, 2009 as reported in the Company's 10K filed Friday, May 7, 2010. Revenues for the Company remained constant during the same period at $283,000.
[AP] - Craigslist appears to have surrendered in a legal fight over erotic ads posted on its website, shutting down its adult services section Saturday and replacing it with a black bar that simply says "censored."
[AP] - Inon Beracha envisions a world where your movements control the gadgets and devices around you. There's no remote control to lose, no buttons to push. The air conditioner senses your presence and changes the temperature to your liking.
[AP] - Unemployment is stuck at high levels even though some companies are hiring. The problem, government data show, is that too few jobs are being created for the growing number of people looking for work.
[AP] - The stock market had its first winning week in a month thanks to better news on the economy. The Dow Jones industrial average jumped 128 points Friday, its fourth straight day of gains.
[AP] - A UPS cargo plane with two crew members on board crashed shortly after takeoff Friday outside Dubai, officials said. The state news agency WAM, quoting the General Civil Aviation Authority, reported that the "bodies of two pilots" had been found at the scene, but UPS did not confirm that.
[AP] - What now for the Gulf? News of another oil rig fire in the Gulf of Mexico, so soon after the BP oil spill, has set off a wave of anxiety along the Gulf Coast and prompted calls for the government to extend its six-month ban on deepwater drilling.
