Beacon Redevelopment Industrial Corporation has reviewed a summary of its initial consultation regarding its natural gas rights of its Westmoreland property. Beacon, along with its geological consultants, are continuing the evaluation of the company’s resources at that location. The initial review revealed that it appears there may be a more feasible way to install modern gas well operations...
Beacon Redevelopment Industrial Corporation announced that it entered into negotiations to acquire a ten year lease with an option to purchase a riverfront property to form the company’s coal distribution center. The location, totaling 8.4 acres, in Sewickley Township, Westmoreland County, Pennsylvania, is situated on the Youghiogheny River. A working railroad runs through the property, and...
Beacon Redevelopment Industrial Corporation announced that it’s wholly owned subsidiary Beacon Energy Corporation has finalized and completed the purchase of 100% of the coal rights for two parcels of land totaling 1020 acres in Westmoreland County, Pennsylvania. The coal forms part of the Upper and Thick Freeport Coal Seams in Western Pennsylvania. Beacon Energy Corporation will contract with...
Beacon Redevelopment Industrial Corporation announced that it’s wholly owned subsidiary Beacon Energy Corporation entered into negotiations to purchase additional coal rights and the finalization of previous negotiations. As previously announced, Beacon Energy Corporation announced it had negotiated to acquire a 950 acre mining property in Western Pennsylvania. After further investigation and...
Beacon Energy Corporation a wholly owned subsidiary of Beacon Redevelopment Industrial Corporation announced today that it has entered negotiations to acquire a 950 acre track of property with coal mining rights/reserves in Pennsylvania. The company is very confident that current negotiations will result in the successful execution of a purchase agreement immediately with a closing to take place within...
DTN, a leading business information services company focused on agricultural, energy and weather business markets, today announced that Valero Energy Corporation, will use industry-leading DTN TABS(TM) credit and product allocation controls for its rack marketer customers. Valero’s use of DTN TABS will enable rack marketers to gain complete control over what they are selling and the credit they...
Beacon Redevelopment Industrial Corporation has retained an expert geologist to evaluate the company’s natural gas holdings on its properties. The company believes that the natural gas holdings on its properties are significant and needs an expert opinion and evaluation to verify its belief, if the expert geologist agrees the company may explore a possible spin off of its natural gas holdings...
Rancher Energy Corp has been rated “Speculative Buy” with a target price of $7.39 by Beacon Equity Senior Research Analyst, Kris Goldcross, CFA. The full report is available at http://www.BeaconEquityResearch.com Anyone interested in receiving alerts regarding Rancher Energy Corp research should email members@beaconequityresearch.com with “RNCH” in the subject line. In the report...
Beacon Power Corporation says that it has been awarded a contract from the U.S. Department of Energy (DOE), to be administered by Sandia National Laboratories, to design a 20-megawatt Smart Energy Matrix frequency regulation power plant. This project directly supports Beacon’s plan to develop commercial-scale flywheel-based frequency regulation facilities in the U.S., beginning in 2007. The contract,...