Atlas Resource Partners, L.P. (NYSE:ARP) has entered into an agreement with subsidiaries of Equal Energy, Ltd. (NYSE:EQU) to acquire a 50% interest in Equal?s approximately 14,500 net undeveloped acres in the core of the oil & liquids rich Mississippi Lime play in northwestern Oklahoma for approximately $18 million.
The acreage position is located in Alfalfa, Garfield and Grant Counties, Oklahoma and is almost entirely held by Equal?s existing production from the Hunton formation. Atlas will finance this transaction with available borrowings under its revolving credit facility.
The transaction is expected to close in late April 2012, subject to customary closing conditions.
Crown Equity Holdings Inc. (CRWE) subsidiary Crown Tele Services Inc. has recently entered into a letter of intent with BBN Solutions.
BBN Solutions, located in India, and Crown Tele Services Inc., a subsidiary of CRWE shall form a 50/50 Joint Venture corporation for the purpose of granting to Crown Tele Services Inc., exclusive rights in the United States to BBN?s telecommunications marketing process and services.
BBN Solutions doing business as BBN Telecom provides both wholesale and retail global communication, as well as calling cards. For more information visit https://www.bbntel.net
Crown Tele Services, a subsidiary of CRWE is a leading provider of affordable, world class VoIP communications solutions, with a network utilizing fast fiber optic channels throughout the world, exploiting the power of IP with unified communication tools that anyone can use.
According to a report by Infonetics Research, the combined business, residential and small office/home office VoIP market is expected to grow to more than $76 billion by 2015.
According to IBISWorld Industry Reports, Digital voice will be the fastest growing U.S. industry in the next five years. Voice over Internet Protocol leads the list of the ten most dynamic industries with revenue in 2010 of nearly $12.5 billion dollars, growth 2000 - 2010 of 194% and forecast growth 2010 - 2016 of 17.6%
Crown Equity Holdings Inc. offers advertising branding and marketing services as a worldwide online multi-media publisher with its digital network of websites and focuses on the distribution of information for the purpose of bringing together a targeted audience and the advertisers that want to reach them. CRWE advertising services cover and connect a range of marketing specialties, as well as provide search engine optimization for clients interested in online media awareness.
For more information about Crown Tele Services Inc. please visit http://crownteleservices.com
For more information about Crown Equity Holdings Inc. please visit http://www.crownequityholdings.com
Impax Laboratories, Inc. (NASDAQ:IPXL) reported that its first quarter 2012 financial results will be released before the market opens on Tuesday, May 1, 2012 and will be available on Impax?s Web site.
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