Business News Archive - January 15, 2008

Javo® Beverage Company, Inc. (OTCBB:JAVO), a leading provider of premium hot and cold dispensable coffee and tea-based beverages to the food service industry, today released a review of 2007 and presented its outlook for the 2008 business year.

AgFeed Industries, Inc. (NASDAQ: FEED), a leading premix animal nutrition and hog producer in China, announced today that it has acquired majority interests ranging from 55 to 100 percent in five hog farms located in China's Jiangxi province where the Company's headquarters are located.

Wentworth Energy, Inc. (OTCBB:WNWG) announced today that Marathon Oil Company (NYSE: MRO) is preparing to drill its first deep gas test well on the Company's 27,557-acre mineral block in East Texas.

Independent exploration and production firm Continental Resources has announced the execution of a definitive agreement to acquire oil producing properties in North Dakota and Montana from an affiliate of Chesapeake Energy for $60 million.

Sustainable Power Corp. (PINKSHEETS: SSTP) today announced that Jim Ford, Senior Vice President of AmSpec Services, LLC, was elected to Sustainable Power Corp.'s Board of Directors. "We are honored to have Mr. Ford join as a board member of Sustainable Power," said Keith Mazer, President.

DETROIT, Jan. 15 /PRNewswire-FirstCall/ -- DTE Energy today closed the previously announced sale of a portion of its Barnett Shale gas properties near Dallas, Texas. The properties were sold to Range Resources Corp. for approximately $250 million, subject to standard post-closing adjustments.

Word of the Day
  • To say in too many words; to express verbosely.
  • To express in too many words: sometimes used reflexively.
  • The leading idea or a repeated phrase, as of a song or ballad; the refrain; burden.
The word 'overword' comes from over- +‎ word.