Americas Petrogas Successfully Drills Another Shale Oil/Gas Well in Argentina: Los Toldos II

CALGARY, ALBERTA--(Marketwire - December 24, 2012) - Americas Petrogas (TSX VENTURE: BOE) ("Americas Petrogas" or the "Company") is pleased to announce that the Agua de Afuera (ADA.x-1) unconventional, shale exploration well has reached total depth ("TD"). The well drilled through 340 meters or 1,115 feet of the primary target Vaca Muerta shale formation with oil and gas shows through most of this shale section. Hydrocarbon shows were also encountered in secondary targets such as the Agrio, Quintuco and Tordillo. The ADA.x-1 well was drilled to a TD of 3,448.5 meters or 11,311 feet. A complete suite of logs has been run and conventional and side wall cores were cut and recovered. Casing has been successfully set and cemented to a total depth of approximately 3,442 meters or 11,290 feet in preparation for a planned well test. The Company will begin detailed analysis of the cores and cuttings at international service company laboratories in Argentina and in the USA, in the near future. 

The ADA.x-1 well is located approximately 9 kilometers west of the LTE.x-1 unconventional, shale well, which was a new oil discovery (http://americaspetrogas.com/news_2012_nov28.html) on the Los Toldos II block (38,400 gross acres or 155 square kilometers or 60 sections). 

The ADA x-1 well is the third unconventional, shale well with primary target the Vaca Muerta, relating to the Los Toldos farmout agreement with ExxonMobil. Americas Petrogas is the Operator holding a 45% working interest in the Los Toldos blocks; ExxonMobil also holds a 45% working interest, with the remaining 10% held by Gas y Petroleo del Neuquen ("G&P"). 

Mr. Barclay Hambrook, President and CEO of Americas Petrogas said, "As this is the second well in the Los Toldos II block, this new well will help to determine the extent and potential resources of the Vaca Muerta, and will also provide valuable information on several other potential horizons of interest." 

About Americas Petrogas Inc. 

Americas Petrogas Inc. is a Canadian company whose shares trade on the TSX Venture Exchange under the symbol "BOE". Americas Petrogas has conventional and unconventional (shale and tight sands) oil and gas interests in numerous blocks in the Neuquen Basin of Argentina. Americas Petrogas has joint venture partners, including ExxonMobil, Apache and Gran Tierra Energy, on various blocks in Argentina. For more information about Americas Petrogas, please visit www.americaspetrogas.com. 

Certain statements contained in this press release constitute "forward-looking statements" as such term is used in applicable Canadian and US securities laws. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or are not statements of historical fact and should be viewed as "forward-looking statements". These statements relate to analyses and other information that are based upon forecasts of future results, estimates of amounts not yet determinable and assumptions of management. Such forward looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. 

In particular, statements (express or implied) contained herein regarding plans to begin analysis of cores and cuttings at international service labs in Argentina should all be viewed as forward-looking statements. The presence of hydrocarbon shows is not necessarily indicative that hydrocarbons are capable of being successfully produced in commercial quantities. There is no assurance reserves will be assigned to such hydrocarbon bearing formations. There is no assurance that future wells will be drilled on the Los Toldos blocks or that if drilled, such wells will be successful. 

There can be no assurance that such forward-looking statements will prove to be accurate as actual results and future events could vary or differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements contained in this press release. The forward-looking statements contained herein are expressly qualified by this cautionary statement. 

Forward-looking statements are made based on management's beliefs, estimates and opinions on the date the statements are made and the Company undertakes no obligation to update forward-looking statements, if these beliefs, estimates and opinions or other circumstances should change, except as required by applicable law. 

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

 

 

Contact Information

Contacts:

Americas Petrogas Inc.

Barclay Hambrook, P. Eng., MBA

President and CEO

(403) 685-1888

inquiries@americaspetrogas.com

www.americaspetrogas.com

 

© 2012 Marketwire, Incorporated. All rights reserved.

Kidder Mathews Scores Sale of Bayer Campus

53 Acre Site in Richmond California Sold to Chinese Biopharmaceutical Company

SAN FRANCISCO, CA--(Marketwire - December 20, 2012) - The San Francisco office of Kidder Mathews (http://www.kiddermathews.com/locations/sanfrancisco.php) has completed the successful sell of one of the Bay Area's largest commercial parcels, the Bayer HealthCare campus at 2600 Hilltop Drive in Richmond, California across the Bay from San Francisco. The buyer is a major Chinese biopharmaceutical company that will be announcing their plans for the site in early 2013. The purchase price is undisclosed.

Spread over 53 acres with incredible Bay view, the campus is comprised of 355,000 square feet of laboratory and office space in six buildings and is entitled for a total of 1 million square feet of land for future development.

Bayer HealthCare moved out of the facility in 2010 when they relocated research operations to a Mission Bay Campus in San Francisco.

"This will act as a bridge for Chinese pharmaceutical companies who want to come to the Bay Area," said Skip Whitney, Partner of Kidder Mathews and founder/head of the firm's China Services Group. "This perfect example signifies a new wave of investment by Chinese investors looking into opportunities in the Bay Area. The reason they chose Richmond and the Bay Area is the innovation and the proximity to UC Berkeley, Livermore Lab, UCSF and Mission Bay. The Campus of 53 acres will allow for long-term growth in one facility."

According to Whitney, his client feels that the innovation of UCSF and Mission Bay will provide them exciting partnership and collaboration opportunities as they develop the Hilltop campus.

"With the recent announcement of the Hunters Point Shipyard and Treasure Island financing of 1.7 Billion USD by China Development Bank, this provides a Seal of Approval by the Chinese Government for investment in the Bay Area. This is the first wave of major Chinese investors which will be critical to the San Francisco Bay Area in the years to come," said Whitney. "I believe that Chinese investments will be equal to or greater than Japanese investment we say in the past."

Kidder Mathews opened its China Services Group (CSG) in March 2012. As the only China-focused cross-Pacific real estate group in the U.S., CSG sees the increasing flow both business-wise and personal-wise between China and US and that is how CSG was set up to help. CSG is headquartered in San Francisco with Skip Whitney, Executive VP of Kidder Mathews, and supported by the bilingual staff fluent in both Mandarin and English. Whitney has been doing business in China for 30 years. The Group offers advisory, brokerage and property management services to Chinese companies looking to invest in the United States, and vice-versa. Kidder Mathews Life Science Practice Group also participated in the transaction. The Kidder Mathews Life Science Group represents companies such as Amgen, BMS and the Mission Bay Campus in San Francisco.

 

Contact Information

media contact:
Skip Whitney
(415) 229-8897
skip@kiddermathews.com

 

© 2012 Marketwire, Incorporated. All rights reserved.

The 1-Point Spread Explained -- Finspreads

LONDON--(Marketwire - December 21, 2012) - Finspreads

 

You may have seen the term '1-point spreads' being touted by some spread betting providers on print ads and online display banners.

 

The point

 

But do novice traders know enough to understand the benefits of 1-point spreads? Finspreads is a back-to-basics spread betting provider, aimed primarily at those with little trading experience with the hope of unravelling this and many more jargon terms to attract a wider audience.

 

The spread

 

The '1-point' aspect of this message refers to the difference between the price at which you can buy a particular market, and the price at which you can sell it. The closer together the prices, the quicker you can potentially make a profit on your trade, as the market does not have to move as far in either direction to bring you a profit. Of course, if the market moves against you, you stand make a loss which could exceed your initial deposit if risk management strategies are not employed.

 

The difference between the two prices is known as the 'spread'. Hence, 1-point spreads. The tighter the spread, the better -- that's why the 1-point spreads offered by Finspreads is another attractive reason to get into trading.

 

The provider

 

Finspreads want as many potential traders to understand that spread betting does not have to be confusing and difficult. For many people, the only spread they're used to is the butter on their toast in the morning. But with the newly revamped site from Finspreads, filled with colourful videos and bite size guides to help you to get started, there's never been a better place to learn the game.

 

Spread betting carries a high level of risk to your capital with the possibility of losing more than your initial investment and may not be suitable for all investors. Ensure you fully understand the risks involved and seek independent advice if necessary.

 

Contact: 
Joshua Raymond
City Index
+44(0)20-7107-7002
joshua.raymond@cityindex.co.uk

 

© 2012 Marketwire, Incorporated. All rights reserved.

Yields on Italian BTPs Break Support, Bonos Follow -- City Index UK

LONDON--(Marketwire - December 21, 2012) - City Index UK - Italian 10-year government bond yields post their fourth consecutive monthly decline, the longest decline in three years.

 

One of the least discussed aspects of the ECB's announced OMT programme was its counter-intuitively stabilising impact. The announcement did not force Spain into requesting sovereign aid, but it succeeded in supporting the euro, sovereign bonds as well as European bank stocks.

 

Those improved 'market metrics' removed the market strains accompanied with forcing a nation to request a bailout and led to more favourable conditions, enabling economies to pursue austere policies in less strenuous market environments.

 

Read full article and see chart here: Yields on Italian BTPs Break Support, Bonos Follow

 

More importantly, 10-year BTP yields have broken below their 200-week moving average for the first time since December 2010. The first attempt occurred two weeks ago, followed by a rebound, but this week's renewed decline is rather considerable.

 

The Death Cross on the weekly chart is illustrated by the cross-over between the 55 and 100 WMAs. The chart shows two previous occasions of Death and Golden Crosses when yields moved accordingly. Not shown on the chart is the Golden Cross of 2006 (leading to higher yields), and the Death Cross of 2004 (leading to falling yields).

 

On the monthly chart, 10-yr BTP yields drop below their 100-month moving average, shortly after breaking below the 55- and 200-month moving average.

 

Marrying such powerful indicators from various schools of technical analysis bolsters the case for further yields downside and is consistent with our previous calls for EUR/USD and equities aid out.

 

About City Index:

 

City Index is one of the world leaders in spread betting and CFD trading. Established in the UK in 1983 we have grown to become leading providers of contracts for difference, FX and spread betting over the past 29 years.

 

Spread Betting Explained - Simply put, Spread Betting is a tax-free alternative to conventional trading, enabling you to profit from rising as well as falling market prices.

 

Your losses are magnified in exactly the same way as your gains if the market moves against you and can result in losses exceeding your initial outlay. Please ensure you fully understand the risks involved.

 

Contact: 
Joshua Raymond
City Index
+44(0)20-7107-7002
joshua.raymond@cityindex.co.uk

 

© 2012 Marketwire, Incorporated. All rights reserved.

airBaltic Signs Firm Order for up to 20 CSeries Airliners

TORONTO, ONTARIO--(Marketwire - December 21, 2012) -

--  Latvian airline transitions to an all-Bombardier fleet with the addition of CS300 jetliners to its existing fleet of Q400 NextGen aircraft

--  A video is available at http://youtu.be/KNh-L8ZKAEM

 

Bombardier Aerospace announced today that airBaltic has signed a firm purchase agreement to acquire 10 all-new Bombardier CS300 airliners. The Riga, Latvia-based airline also has purchase rights on a further 10 CS300 aircraft. The purchase agreement represents the conversion to firm orders of a Letter of Intent (LOI), announced at the Farnborough Air Show on July 10, 2012. The LOI also included the purchase rights on the 10 additional CS300 aircraft.

 

Based on the list price of the CS300 airliner, the firm-order contract is valued at approximately $764 million US and could increase to $1.57 billion US should the 10 purchase rights be converted to firm orders.

 

"A modern and efficient fleet is one of the fundamentals of the airline business, and this order is a progressive and exciting move forward for us. Following an in-depth analysis of existing and re-engined aircraft, as well as the new technologies offered by Bombardier's all-new CSeries aircraft, the results were clear and we selected the CSeries airliner," said Martin Gauss, Chief Executive Officer, airBaltic. "Earlier this year we launched our "ReShape" business plan that calls for the replacement of older aircraft and the transition to "greener flying" with an exclusive all-Bombardier fleet that will eventually involve taking on more Q400 NextGen aircraft together with the new CSeries aircraft. The C300 airliner and the Q400 NextGen turboprop - each being the most efficient aircraft in its class - will optimize airBaltic's network and fit perfectly in our "ReShape" business plan due to their performance, economics, environmental benefits and passenger comfort."

 

"Recognized as one of the world's most innovative airlines, airBaltic demonstrates the growing demand and need for unmatched technologies, operational flexibility and efficiencies," said Mike Arcamone, President, Bombardier Commercial Aircraft. "We are delighted that airBaltic is complementing its fleet of eight Q400 NextGen turboprops with the CSeries aircraft to implement its new initiatives and integrate new levels of passenger comfort and greener flying."

 

CSeries aircraft

 

Designed for the growing 100- to 149-seat market, the 100 per cent new CSeries aircraft family combines advanced materials, leading-edge technology and proven methods to meet commercial airline requirements in 2013 and beyond. Powered by Pratt & Whitney PurePower PW1500G engines, the CSeries aircraft family will offer a 15(i) per cent cash operating cost advantage and a 20(i) per cent fuel burn advantage. The CSeries aircraft's clean-sheet design is ensuring that the aircraft will achieve greatly reduced noise and emissions, as well as superior operational flexibility, exceptional airfield performance and a range of 2,950 nm (5,463 km)(i). The CSeries aircraft will be up to 12,000 lbs. (5,443 kg)(i) lighter than other aircraft in the same seat category and will provide passengers with a best-in-class, widebody cabin environment in a single-aisle aircraft.

 

As of September 30, 2012, Bombardier had booked orders and commitments for 352 CSeries aircraft that include firm orders for 138 CSeries airliners.

 

The 14 customers that have joined the CSeries aircraft program - ten with firm orders - include major network carriers, national and premier carriers, low-cost airlines, leasing companies and a full service provider to airline partners.

 

About airBaltic

 

airBaltic serves 60 destinations with direct flights from its home base in Riga, Latvia and offers convenient connections via Riga to its network spanning Europe, Scandinavia, Russia, CIS and the Middle East.

 

About Bombardier

 

Bombardier is the world's only manufacturer of both planes and trains. Looking far ahead while delivering today, Bombardier is evolving mobility worldwide by answering the call for more efficient, sustainable and enjoyable transportation everywhere. Our vehicles, services and, most of all, our employees are what make us a global leader in transportation.

 

Bombardier is headquartered in Montreal, Canada. Our shares are traded on the Toronto Stock Exchange (BBD) and we are listed on the Dow Jones Sustainability World and North America indexes. In the fiscal year ended December 31, 2011, we posted revenues of $18.3 billion USD. News and information are available at bombardier.com or follow us on Twitter @Bombardier.

 

Notes to editors

 

Images of CS300 aircraft in airBaltic's livery are posted with this press releases at: www.bombardier.com. A video is available at http://youtu.be/KNh-L8ZKAEM.

 

Additional information on CSeries aircraft is available at: www.cseries.com.

 

Follow @Bombardier_Aero on Twitter to receive the latest news and updates from Bombardier Aerospace.

 

(i) The CSeries aircraft are in the design phase. All data and specifications are estimates, subject to change in family strategy, branding, capacity and performance during the design, manufacture and certification process. Performance has been estimated based on a 500-nm North American operating environment.

 

Bombardier, CS300, CSeries, NextGen, Q400 and The Evolution of Mobility are trademarks of Bombardier Inc. or its subsidiaries.

 

Contacts:
Marc Duchesne
Bombardier Commercial Aircraft
+1-416-375-3030
www.bombardier.com

 

© 2012 Marketwire, Incorporated. All rights reserved.

Nikkei 225 Closes Higher as Exports Slide for 6th Month -- City Index Asia

SINGAPORE--(Marketwire - December 20, 2012) -  City Index Asia

The Nikkei 225 closed higher in trading this morning (December 19th) after official figures revealed the nation's overseas trade suffered another blow in November.

New data shows that exports fell for the sixth month in a row, highlighting the issues the newly-elected Liberal Democratic Party face as they settle back into office after three years in opposition.

Shipments slipped by 4.1 per cent in November compared to one year ago, with exports to key trading partner China declined by 14.5 per cent as a result of anti-Japanese business sentiment in the world's number two economy, stemming from a territorial dispute between the countries over islands in the East China Sea.

Furthermore, exports to the European Union -- which is embroiled in its own debt crisis -- plunged by 20 per cent.

At the end of the day in Tokyo today, the Nikkei 225 rose by 2.3 per cent to an index value of 10160.4 points.

About City Index:

City Index is a leading global provider of margined Forex trading, CFD trading. As a group, we transact in excess of 1.5 million trades every month for individuals in over 50 countries worldwide.

Forex is the world's largest financial market with an average volume of USD 4 trillion per day. At City Index Asia, we offer tight fixed spreads on 28 of the most popular forex pairs including EUR/USD, USD/JPY and GBP/USD. Our range of web, downloadable and advanced charts based trading platforms enable you to trade quickly and efficiently.

FX markets and prices are mainly influenced by international trade and investment flows. To a lesser extent, FX prices are also influenced by economic and political conditions, such as interest rates, inflation, and political instability (the same factors that influence the equity and bond markets). This means that currency prices are constantly fluctuating in value against each other, offering multiple trading opportunities.

Your losses are magnified in exactly the same way as your gains if the market moves against you and can result in losses exceeding your initial outlay. Please ensure you fully understand the risks involved.

Contact: 
Joshua Raymond
City Index
+44(0)20-7107-7002
joshua.raymond@cityindex.co.uk

 

© 2012 Marketwire, Incorporated. All rights reserved.

Dachis Group Announces the Launch of Social Business Summit 2013

 

Thought Leaders, Social Marketers, and Social Business Practitioners From the World's Biggest Brands Come Together to Discuss Social Business and Data-Driven Social Marketing, Share Best Practices, and Network in a Series of Worldwide Events

 

AUSTIN, TX--(Marketwire - December 20, 2012) - Dachis Group, a leading data-driven social marketing solutions firm, today announced the schedule for the fourth annual Social Business Summit 2013 global series, taking place in seven cities across four continents throughout 2013.

 

Oracle will be the exclusive sponsor of Dachis Group's Social Business Summit 2013.

 

The Social Business Summit 2013 global series will take place in Tokyo on February 6th, Austin on March 7th, Shanghai on April 11th, Mumbai on May 23rd, London on June 20th, Sao Paulo on July 25th, and New York on September 19th.

 

Over the years, Dachis Group's Social Business Summit series has become the "must attend" event for anyone interested in data-driven social marketing and social business. The series has grown significantly, expanding from one summit in 2009 to seven summits in 2013, engaging thousands of industry practitioners, senior executives, and thought leaders. Social Business Summit 2013 is a global invitation-only series that explores the most progressive ideas in data-driven social marketing and social business, fosters an ongoing dialog among participants, and engages social business and social marketing practitioners in real-time at day-long events around the globe.

 

"As companies have moved beyond evangelism and adoption of social in their business processes, it is incredibly exciting to meet with peers, colleagues, customers, global marketers, and world-renowned thought leaders to share ideas, exchange information, and push the boundaries of social business," said Jeffrey Dachis, Founder, Chairman, and CEO of Dachis Group. "This coming year's focus on data-driven social marketing optimization will further provide global marketers with a platform to hone in on the real world benefits of being a social business."

 

"We are thrilled to be the exclusive sponsor of Dachis Group's Social Business Summit 2013 series," said Oracle Senior Vice President Reggie Bradford. "Given the impressive history of the Social Business Summit series, we look forward to working with Dachis Group to help spread the word on the real-life impact social has on businesses."

 

Speakers from past Summits include Jeremiah Owyang from Altimeter Group, Adriana Knackfuss from The Coca-Cola Company, David Armano from Edelman Digital,Nilofer Merchant from EPAX, Bonin Bough from Kraft Foods, Melissa Lavigne-Delville from NBC Universal, Tiffany LaBanca from News Corporation, JP Rangaswamifrom Salesforce.com, and many more.

 

To watch Summit videos, for more information on how to request an invitation, to submit a speaker request, or to request email updates, please visitSocialBusinessSummit.com

 

Follow @DachisGroup and #SBS2013 on Twitter for more information.

 

About Dachis Group
Dachis Group is a leader in data-driven social marketing solutions. Utilizing a proprietary big data analytics platform, Dachis Group helps the world's largest brands optimize their social marketing and engage@scale with their customers.

 

Every day, Dachis Group's big data social analytics platform monitors over 10 billion social behaviors and 50 million+ social signals in real-time. Dachis Group delivers powerful insights by tracking, monitoring and helping manage conversations and content across 30,000 brands, 100 million social accounts, and an aggregate audience of 5.2 billion followers, fans, subscribers and contributors from 233 countries across dozens of the largest social platforms, including Twitter, Facebook, YouTube, Vimeo, Tumblr, Google+, Pinterest, Renren, Twitpic, Foursquare, and MySpace, as well as blogs, wikis, forums, BBS, message boards, websites, and thousands of other sources on the open social web.

 

Dachis Group offers powerful social marketing software solutions that help the world's leading brands optimize the data, benchmarking, and insights of our big data social analytics platform along with the design, development, management, and measurement of social marketing programs to maximize their investments and engage@scale.

 

The company serves many of the world's leading brand marketers including Disney, Estée Lauder, US Cellular, Hewlett Packard, Kodak, Nestlé, and Nokia.

 

Dachis Group Social Marketing Optimization Software Solutions

 

Campaign Performance Monitor - Social campaigns are a part of daily life for brand managers, as they try to scale their engagement across thousands or millions of audience members. But how do you know if they're working? Dachis Group's Campaign Performance Monitor helps you understand the business impact of campaigns by correlating social programs to business outcomes.

 

Social Performance Monitor - As the indispensable core of every social marketer's arsenal and built on top of Dachis Group's "big data" social analytics platform, Dachis Group's Social Performance Monitor is a powerful brand-based social performance measurement, insights, and optimization solution for measuring social media's impact on brand performance.

 

Advocate Insight - The world's largest and most powerful brands have large numbers of people that are passionate about those brands. How do you identify them? Dachis Group's Advocate Insight offers advanced advocate identification and management features and the ability to isolate advocates based on geography, brand, platform, and affinity to specific social accounts of the brand. Advocate Insight also offers analytic tools for analyzing the advocate's impact and the tracking of the brand's engagement with advocates.

 

Employee Insight - Employee advocates are an untapped social business resource for most of the world's largest and most powerful brands. Dachis Group'sEmployee Insight offers advanced employee advocate identification and management features including a configurable online portal to mobilize employees with workflows and messaging to accelerate participation and echo and amplify the brand's social effort.

 

Social Business Index - Dachis Group develops and maintains the Social Business Index, providing ongoing real-time ranking, analysis, and benchmarking of social business performance for over 25,000 companies and over 30,000 brands tracking their conversations and activity across a social business graph of 100 million social accounts and 233 countries.

 

To help brands or their agencies drive success, along with its software, Dachis Group offers a set of packaged or managed solutions to help deliver ongoing reporting, provide benchmarking, analysis and insights, or simply get things started. Dachis Group also delivers custom solutions to ensure a social marketer's success in driving a meaningful return on social marketing investments.

 

To provide ongoing support to customers that want to engage@scale, Dachis Group hosts an ongoing series of annual Social Business Summits around the globe, exploring the most current ideas in social business thought leadership, fostering ongoing dialog among participants, and engaging other social business practitioners in real-time, in-person, day-long events. Dachis Group also operates and manages the Social Business Council, the largest peer-to-peer knowledge-sharing community for social marketers and social business practitioners to share ideas, best practices, and learnings from a community.

 

Dachis Group is hiring the best people to join the world's most advanced big data social analytics team, or to work on the most sophisticated data-driven social marketing solutions. Review job opportunities at http://www.dachisgroup.com/careers/ and contact opportunities@dachisgroup.com to introduce yourself.

 

Trademarks 
Oracle and Java are registered trademarks of Oracle and/or its affiliates.

 

 

Contacts 
Lara Hendrickson 
Dachis Group 
(512) 275-7825

Ken Bruno 
The Morris + King Company 
Ken.Bruno@morris-king.com 
(212) 561-7459

 

© 2012 Marketwire, Incorporated. All rights reserved.