ABN Newswire Stocks to Watch: January 13, 2010
Marion Energy Limited (ASX:MAE) (PINK:MAEJF) advises that initial gas production and associated revenue has commenced from its 100% owned Ridge Runner ("RR") 2-20 well located at Clear Creek, Utah, USA with natural gas now being sold into the distribution system. In addition, work is also well underway or is in the planning stage at a number of other Clear Creek wells and work at the RR13-17, RR 11-17 and RR 2-19 wells is currently at various stages of operation.
Environmental Clean Technologies Limited (ASX:ESI) said its Victorian coal-drying and export project has advanced to the next stage with the formation of the Special Purpose Vehicle (SPV) with Vietnam based TinCom. The purpose of the SPV is to provide a legal entity within which the Feasibility Study, Detailed Design, Construction and Operation of the Coal Drying Enterprise may be executed.
Marion Energy Limited
Environmental Clean Technologies Ltd
Altona Mining Limited