PRTODAY / NewswireToday Free press release distribution service network

More news: Energy
Written by / Agency / Source: ECON Corporate Services / InvestorIdeas.com™

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

NaturalGasStocks.com New Featured Company – Bontan Corporation, Inc. - NaturalGasStocks.com New Featured Company: Bontan Corporation Inc., a Natural Gas and Oil Company Currently Focused on an Eastern Calcasieu Parish, Louisiana Project.
NaturalGasStocks.com New Featured Company – Bontan Corporation, Inc.

 

NewswireToday - /newswire/ - Point Roberts, WA, United States, 2005/09/06 - NaturalGasStocks.com New Featured Company: Bontan Corporation Inc., a Natural Gas and Oil Company Currently Focused on an Eastern Calcasieu Parish, Louisiana Project..

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Energy Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Turnkey Projects with Prepaid Costs Provide Company with Risk Protection from Natural Catastrophes.

(NGS), and (OGSN), global investor websites for the natural gas, energy and oil industries are pleased to announce the addition of Bontan Corporation, Inc. (OTCBB: BNTNF), as a new Featured Company.

Bontan Corporation currently has a 49% gross working interest in the first test well in a gas exploration project in eastern Calcasieu Parish, Louisiana, a project that involves exploration and commercial drilling for gas on a minimum area of 1,300 net and gross mineral acres. The drilling process, being handled by Grey Wolf Inc., a major US based oil and gas driller, is based on 3D seismic data including amplitude vs. offset analysis, providing increased accuracy to the drilling program. Drilling is presently at 8,385 ft., drilling towards the targeted depth of 15,300 ft. The zones to be tested by the initial well have possible reserves of up to 50 billion cubic feet equivalent of gas (BCFE), according to the Company.
Drilling commenced on August 21, 2005 with its initial test well, Placide Richard No. 1 and is proceeding according to schedule with an estimated drilling time of 60 days. Upon successful drilling of the first test well, two additional wells have been identified in this location that will be ready for drilling, giving the company a multi-well project. Bontan’s gross working interest in the subsequent wells will be approximately 42%.

With over US$1.5 million on hand, no debt and all exploration costs prepaid, Bontan is positioned, according to Bontan’s CEO Kam Shah, to take advantage of other opportunities in the oil and natural gas sector. “Gas prices have been rising steadily which bodes well for future revenues. By limiting our costs through prepaid turnkey projects we ensure that we will not run into the similar cost increases, translating into bigger margins in the future and greater profitability in our findings.”

The NGS and OGSN sites do not make recommendations, but offer unique information portals to investors to explore news, articles, and recent research.

Featured Company: (OGSN and NGS are compensated by companies as disclosed in disclaimer.)

Bontan Corporation, Inc. (OTCBB: BNTNF) is an international natural resource company. Bontan, through its wholly owned subsidiaries, is focused on building a profitable portfolio of diversified working interests in oil and gas projects through highly visible opportunities in countries around the globe that have a history of natural resource production. Bontan Corporation Inc. plans to minimize risk by bringing in either joint venture, carried, or working interest partners.

Featured Portals:

NaturalGasStocks.com, where investors can research public companies and industry news on: Natural Gas Stocks, Prices, Natural Gas and Energy News, Industry Articles and more.

OilandGasStockNews.com, an investor research portal covering Energy, Oil and Gas News, Industry Links, Articles, Oil, and Gas Stocks, Natural Gas and more.

NaturalGasStocks.com is donating $1,000 of the fees from Bontan Corporation’s contract to support the Red Cross and their relief efforts in the Louisiana area.

Investorideas.com Disclaimer: Our sites do not make recommendations, but offer information portals to research news, articles, stock lists and recent research. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of of our websites.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Energy Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: ECON Corporate Services / InvestorIdeas.com™

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Energy articles,
CATCH Visitors via Your Competitors Announcements!


NaturalGasStocks.com New Featured Company – Bontan Corporation, Inc.

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

|
Publisher Contact: Dawn Van Zant 
800-665-0411
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any ECON Corporate Services / InvestorIdeas.com™ securities in any jurisdiction including any other companies listed or named in this release.

Energy via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From ECON Corporate Services / InvestorIdeas.com™ / Company Profile


Read Energy Most Recent Related Newswires:

Enel Starts Construction of Ayanunga Hydro Plant in Peru
Sundance Square and Green Mountain Energy Announce Extended Clean Energy Partnership
Enel Signs Tax Equity Agreement for 300 MW Red Dirt Wind Project in the USA
GE’s Hornet Voltage Regulators Set to Swarm the Industrial Power Sector
Voith to Modernize Welsh Pumped Storage Plant Ffestiniog
GE Digital Production Manager MES Software Optimizes Paperless Manufacturing for Heavy Industrial Companies
Frost & Sullivan North America Summit to Provide Framework for Driving Oil & Gas into the Digital Age
aps Brings Battery Storage to Rural Arizona
High Growth Expected for Modular, Battery-based Energy Storage Systems as Utilities Target Energy Goals Finds Frost & Sullivan
Enel Group Completes Acquisition of Leading US-based Provider of Smart Energy Management Services EnerNOC
GE Signs 12-Year Agreement to Boost Help Reliability and Profitability at Daya Bay Nuclear Power Base in China
ABB Wins $30 Million Order to Strengthen Power Infrastructure in Iraq
New AREVA Signs A MOX Fuel Fabrication Contract with Japan
New AREVA’s EOS Dry Storage System Approved for Highest Heat-load Used Nuclear Fuel
ENGIE Leader of the 4th French Energy Regulatory Commission Solar Bidding with Nearly 100 MW Projects Awarded

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  S&A Capital Partner Ltd

Visit  Intrinsic Executive Search Ltd





 
  ©2017 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)