Natural Gas Demand and Hydrogen Production Technologies
May Be Bright Spot for Energy Sector Stocks as Sales
Increase
Coral Springs, FL -- September 28, 2016 -- InvestorsHub
NewsWire -- 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.
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: http://financialnewsmedia.com/profiles/xfls.html
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 OTC market and trading activity of note from
yesterday:
CV Sciences, Inc. (OTCQB: CVSI) closed up over 5% on Tuesday at
$0.30 trading above the average daily trading volume of over 1.6
Million shares traded by the market close. CV Sciences, Inc.
operates two distinct business segments: a drug development
division focused on developing and commercializing novel
therapeutics utilizing synthetic CBD; and, a consumer product
division in manufacturing, marketing and selling plant-based CBD
products to a range of market sectors.
MassRoots, Inc. (OTCQB: MSRT) closed up over 3% on Tuesday at
$0.45 trading above it's average daily trading volume of over
484,000 shares traded by the market close. MassRoots, Inc., one of
the largest and fastest growing technology platforms for the
cannabis industry, issued a Chairman's Letter press release that
can be found on YahooFINANCE.
Northwest Biotherapeutics, Inc. (NASDAQ: NWBO) closed up at
$0.62 on Tuesday as well trading just over 2.25 Million shares
traded by the market close and was up slightly in afterhours
trading. Northwest Biotherapeutics recntly announced that Dr.
Marnix Bosch, Chief Technical Officer, presented an updated and
more detailed analysis of the Phase I DCVax-Direct Trial data at
the 5th Annual SMi Cancer Vaccines Conference in London,
England.
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