MIAMI, FL -- (MARKET WIRE) -- 02/05/08 -- Stock Market Alert's performance stock list includes: USA Superior Energy Holdings, Inc. (OTCBB: USSU), Yingli Green Energy Holding Company Limited (NYSE: YGE), Alpha Natural Resources, Inc. (NYSE: ANR), Halliburton (NYSE: HAL).
USA Superior Energy Holdings Incorporated (OTCBB: USSU) should have investors closely monitoring the stock this morning. Recently, the company, focused on the application of new technologies to increase volume and production in oil and gas wells, issued a press release announcing a dramatic improvement in production of over 300% in one of its fields.
This is good news for the company! According to the press release, The company has 88 producing wells on approximately twelve hundred acres. Starting January 1, 2008 a workover program was initiated. The program is to take five to seven wells per week and completely restore all of the tubing and rods within the wellbore and eliminate any inhibiting cause for production. To date, twelve wells have been subjected to this program with the results of an average 300% increase overall. After all the wells have been totally reworked USA Superior Energy will initiate their EOR program. This will provide an even further improvement in crude output. This two-phase process will be on going for the next sixty days.
USSU closed Monday at Seventy One cents a share.
USA Superior Energy Holdings, Inc. is a company with excellent potential focusing on applying new technologies to oil and gas fields as well as other industries. USA Superior is composed of a team of experts in their field, highly qualified with over 200 man-years of oil and gas field experience; from finding to drilling, well completion to operations and production, to problem solving, seasoned with success. Environmentally concerned and responsible, responsive to project needs and specializing in special projects, USA Superior Energy's focus has been on developing and utilizing complementary technologies; Nitrogen (N2) and cased hole horizontal drilling. USA Superior will seek to use these technologies independently or in combination to exploit business opportunities.
Other Stocks of interest yesterday were:
Yingli Green Energy Holding Company Limited (NYSE: YGE) up 13.3% on 5.6 million shares traded.
Yingli Green Energy Holding Company Limited is one of the world's leading vertically integrated photovoltaic (PV) product manufacturers. Through the Company's principal operating subsidiary in China, Baoding Tianwei Yingli New Energy Resources Co., Ltd., Yingli Green Energy designs, manufactures and sells PV modules and designs, assembles, sells and installs PV systems that are connected to an electricity transmission grid or those that operate on a stand-alone basis.
Alpha Natural Resources, Inc. (NYSE: ANR) up 6.8% on 3.3 million shares traded.
Alpha Natural Resources is a leading supplier of high-quality Appalachian coal to electric utilities, steel producers and heavy industry. Approximately 91 percent of the company's reserve base is high Btu coal and 82 percent is low sulfur, qualities that are in high demand among electric utilities which use steam coal.
Halliburton (NYSE: HAL) up 2.9 % on 15.3 million shares traded.
Halliburton is one of the world's largest providers of products and services to the energy industry.
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