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American Video Teleconferencing Corp. (PINK: AVOT) is pleased to announce that it is presently in final discussions to enter into a formal agreement to acquire an exclusive option on a molybdenum property in the Otter lake area in the province of Quebec, Canada.

Oasis Petroleum Inc. (NYSE:OAS) announced financial and operational results for the quarter ended September 30, 2010.

Highlights for the three months ended September 30, 2010 include:

* Grew average daily production to 5,507 barrels of oil equivalent ("Boe") per day, a 149% increase over the third quarter of 2009 and a sequential increase of 23% over the second quarter of 2010.

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