South Shore Resources Inc. (Pink:SSHO) has recently reported that it has conducted a independent third party evaluation, testing and verification of the HyProStar Series of Hydrogen Generating Modules.
The objective of the test was to evaluate and verify the impact of the HyProStar Series of Hydrogen Generating Modules has on fuel economy and fuel efficiency.
DaSilva Racing of Pickering, Ontario was utilized for the third party evaluation, testing and verification purposes.
Test Results Are Summarized Below:
2002 Volkswagen Cabrio: Mileage Test
Without Unit: 47 MPG
With Unit: 55 MPG
There was a 17.02% increase in MPG.
There was a 14.55% fuel savings.
SSHO.pk believes that its HyProStar Series of Hydrogen Generating Modules are an obvious aftermarket alternative to Rising Fuel Prices and Harmful Greenhouse Gases.
To learn more about the HyProStar Hybrid Conversion Kit, please visit: www.southshoreresourcesinc.com or www.hyprostar.com.
Lucas Energy, Inc. (Amex:LEI) reported that they have completed the Stoeltje No.2 well on June 19, 2010. The well is a re-entry of an Austin Chalk well in Wilson County, Texas. The well tested 23 BOPD and 28 BWPD, pumping.
For more information on this and other activities of LEI, see the Lucas Energy web site www.lucasenergy.com.
Berry Petroleum Company (NYSE:BRY) reported net income of $89 million, or $1.64 per diluted share, for the second quarter of 2010. Oil and gas revenues were $152 million during the quarter. Discretionary cash flow for the quarter totaled $142 million made up of $81 million from operations and a $61 million recovery from our claim in the Flying J bankruptcy.
Items that affected net income for the quarter included the recovery of the Flying J bankruptcy claim, a non-cash gain on hedges, non-cash items related to BRY’s Permian acquisition and dry hole costs. In total, for the second quarter of 2010, these items increased net income by approximately $66 million, or $1.22 per diluted share for an adjusted second quarter net income of $22.9 million, or $0.42 per diluted share.
Financial and other material information regarding the Company is routinely posted on and accessible at http://www.bry.com/
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