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Commodities Briefing - Industry Advancers Watch for: PetroTech Oil & Gas, Exxon Mobile, Acorn Energy, Chesapeake Energy



  Commodities Briefing - Industry Advancers Watch for: PetroTech Oil & Gas,
                Exxon Mobile, Acorn Energy, Chesapeake Energy

PR Newswire

CORAL SPRINGS, Florida, November 18, 2013

CORAL SPRINGS, Florida, November 18, 2013 /PRNewswire/ --

A quick glance at the latest news and notes of the advancers in the energy
mining industry: PetroTech Oil and Gas (OTCQB: PTOG), Chesapeake Energy
Corporation (NYSE: CHK), Exxon Mobile Corporation (NYSE: XOM), Acorn Energy,
Inc. (NASDAQ: ACFN) and Chesapeake Energy Corporation (NYSE: CHK)

PetroTech Oil and Gas, Inc. (OTC:PTOG) trading up mid morning today on over
6.8Million Shares, announces they have entered into Joint Venture with Rolling
Hills Oil and Gas North Dakota to receive Up to $3.6 million in equipment
financing.  PTOG today announced that they have entered into a joint venture
with Rolling Hills Oil and Gas LLC of North Dakota (RR) to obtain financing
for two 20,000 foot Completion and work over rigs. The joint venture calls for
Rolling Hills to arrange funding from one of their equipment lines, and PTOG
would, once purchased and manufactured per specs, will contract the two rigs
with one of the major producers in North Dakota such as Halcon Resources
(NYSE:HK) and Continental Resources (NYSE: CLR).  "This is an opportunity for
our company to participate in a venture to secure a huge revenue source over
the next Three to Five years that will exceed anything we have done to date,
with no expense on our part or any additional debt to our   company." Said
Eddie Schilb president of Petro Tech Oil and Gas, "These two rigs once put
into production will bring in $40,000.00 per day at 24 days per month "

To read the full press release for PTOG, please click
here:http://finance.yahoo.com/q/h?s=PTOG+Headlines

PetroTech Oil and Gas Inc.'s joint venture with Rolling Hills also revealed
today that Rolling Hills has obtained the first executed contract to provide
completion rigs with Halcon Resources, a multibillion-dollar industry leader
in the Bakken Shale play, and other major areas of the US. The contract will
provide for one-year probation period and will generate $20,000.00 a day per
rig, plus additional charges for additional services.   "We believe that once
both rigs are manufactured and working full time per 24 hour period, the two
rigs could generate over $640,000.00 per month." Said Eddie Schilb president
of Petro Tech Oil and Gas, " The contracts require two stages and execution of
the two contracts for completion, but we have completed the first part and are
confident in completing the balance" he added, we will keep our shareholders
up to date once everything is done.

Exxon Mobil Corporation (NYSE: XOM) engages in the exploration and production
of crude oil and natural gas, and manufacture of petroleum products. The
company also transports and sells crude oil, natural gas, and petroleum
products. It has approximately 37,228 gross and 31,264 net operated wells.
 XOM is trading up slighty today on 4.5Mil shares by 10:40am.

Acorn Energy, Inc. (NASDAQ: ACFN), through its subsidiaries, provides
technology driven solutions for energy infrastructure asset management
worldwide. It offers sonar and acoustic related solutions for energy, defense,
and commercial markets with a focus on underwater site security for strategic
energy installations and other acoustic systems, as well as develops and
produces real-time embedded hardware and software. ACFN is trading up over 20%
today on 299,000 shares by 10:40am and was upgraded by the Maxim Group.

Chesapeake Energy Corporation (NYSE: CHK) engages in the acquisition,
exploration, development, and production of natural gas and oil properties in
the United States. The company also offers marketing, midstream, drilling, and
other oilfield services.  CHK is trading down slighty today on 1.6Mil shares
by mid morning session. 

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