Great American Energy, Inc (SRBL)
Today, SRBL surged (+5.64%) up +0.030 at $.560 with 110,015 shares in movement thus far (ref. google finance Delayed: 12:15PM EDT June 18, 2013).
Great American Energy, Inc. previously reported on recent advances made in lithium-ion battery technologies and the clean energy applications the batteries are being used in within the automobile, alternative energy generation, and consumer electronics markets.
In the automobile sector, the world’s leading manufacturer of automotive batteries, Johnson Controls, announced on June 6, 2013, that they will supply lithium-ion batteries as part of a US Department of Energy (DOE) electrification initiative to power large plug-in hybrid trucks. In total, around 120 work trucks will be equipped with advanced plug-in hybrid power systems that rely on Johnson Controls’ batteries. The company’s lithium-ion battery technology contributes to reducing fuel consumption, operating costs and emissions in large fleet vehicles. The power system can enable the large trucks to obtain fuel economy improvements of up to 50% when compared to traditional diesel or gas engines. The lithium-ion batteries will be manufactured at Johnson Controls’ advanced manufacturing facility in Holland, Michigan, which was the first US plant to manufacture lithium-ion cells and complete hybrid battery systems for autos.
Take a look at Great American Energy, Inc (SRBL) 5 day chart:
For more information please visit Great American Energy, Inc (OTCMKTS:SRBL) at www.gamericanenergy.com
Target Energy Limited (TEXQY) (TEX)
Target Energy Limited (OTCQX:TEXQY, ASX:TEX) (http://targetenergy.com.au/) is an oil and gas exploration and production company listed on the Australian Securities Exchange and trading under ticker “TEX” and OTC Markets trading under ticker “TEXQY”.
Today (June 18), Target Energy Limited ticker (OTCQX:TEXQY) has remained (0.00%) +0.000 at $7.25 thus far (ref. google finance Delayed: 11:13AM EDT June 18, 2013), and Target Energy Limited on the Australian Securities Exchange ticker (ASX:TEX) remained (0.00%) +0.000 at $.065 (ref. google finance June 14, 2013 – Close).
Target Energy Limited previously reported that the company is continuing drilling operations at the Pine Pasture #3 oil well on their East Chalkey Oil Field in Parish, Louisiana. The Company had independent studies which indicated that put upside recoverable reserves for Pine Pasture #3 range between 250,000 and 450,000 barrels of oil. In addition, the report also revealed that the East Chalkey Field has an upside estimate of 4 million barrels of oil.
To view Target Energy Limited video click link http://crwetube.com/media/target-energy-ltds-managing-director-laurence-roe .
Keep in mind, Target Energy Limited production increased by +320% in 2013 following successful Permian Basin drilling campaign. In April, the Company was generating in excess of $400,000 per month in net sales revenue. The Company’s ongoing 2013 drilling programs in Permian Basin and Louisiana are likely to add significantly to their production and reserves.
Now take a look at Target Energy Limited (TEXQY) 5 day chart:
On the International OTCQX Target Energy ticker (TEXQY) is going for $7.25. Now what makes TEXQY convenient in my opinion is that this is a ADR. For those that dont know a ADR means “American Depositary Receipt”. From my understanding, these Target Energy Limited american depositary receipt’s on the OTC are bundles of 100 shares of common stock. Also, don’t forget you can also go to the Australian Securities Exchange for Target Energy ticker (ASX:TEX) which is at a convenient price of $.065. Now at a price of $.065 Target Energy Limited would be considered to have experienced a (+116.6%) gain if compared to the 52 week low of $.03
In my opinion I would keep a eye on Target Energy Limited tickers (ASX:TEX) (OTCQX:TEXQY). This Company has produced great profit and has the ability to ramp up production anytime from now. Stay tuned!
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