Current Capital Spotlight Stocks to Watch for Friday December 10
Current Capital Spotlight Stocks to Watch for Friday December 10, 2004: BNTNF, UPL, IOC, VLO
TORONTO, Dec. 10, 2004 (PRIMEZONE) -- Current Capital is pleased to introduce our spotlight stock, Bontan Corporation (OTCBB:BNTNF), to the investment community! Bontan Corp. has acquired an Indirect Participation Interest ("IPI") of 0.75%, representing an investment of approximately US$1.6 million, in an oil exploration program in Papua New Guinea. The oil exploration program is undertaken by InterOil Corporation (AMEX:IOC), which is an international integrated energy company. Bontan Corp. recently announced that its wholly-owned subsidiary, Bontan Oil & Gas Corporation (BOG), has entered into an agreement with a private investor group in the United States to acquire a working interest in a gas exploration project. The project is located in the prolific natural gas producing state of Louisiana. There are approximately 12 million shares outstanding.
Other notable stocks that look great lately include:
Ultra Petroleum (AMEX:UPL)
Interoil Corp. (AMEX:IOC)
Valero Energy (NYSE:VLO)
Sinovac Biotech (AMEX:SVA)
Nextel Communications (Nasdaq:NXTL)
Current Capital is a financial portal focusing on undervalued and undiscovered micro-, mid- and small-cap companies.
We gather timely information through quotes, research, financial analysis, articles and news.
CONTACT: Current Capital John Robinson 416-860-0211 1-877-859-5200
Provider ID: 00069247 -0- Dec/10/2004 14:23 GMT