Ambra Resources Group Inc. Announces Oil Drilling, New Gas Pipeline Construction and New Internet Business Services.Business/Energy Editors VANCOUVER, British Columbia--(BUSINESS WIRE)--June 1, 2000 Ambra Resources Group Inc (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :ABRG) and 75% owned partner, Venture Oil and Gas Inc, have begun operations to remediate well No. 1 in the Charenton Field project of St. Mary's Parish, La. In Alberta, Canada, Ambra and project operator, Promax Energy (CDNX CDNX See Canadian Venture Exchange (CDNX). :PMY), have begun work to build new facilities to expand the Cessford gas pipeline gathering system. Ambra Resources Group has also expanded the business services of the Information Technology Division to include Internet Web site development and marketing services. The First Domain Name Company Inc, of which Ambra owns a 60% interest, will launch a new subsidiary company and enhance the Web site to make new Web hosting services A web hosting service is a type of Internet hosting service that allows individuals and organizations to provide their own websites accessible via the World Wide Web. Web hosts are companies that provide space on a server they own for use by their clients as well as providing available. The company also has registered domain names for sale to promote business opportunities with China. PETROLEUM DIVISION: Well No. 1 in the Charenton Field project of St. Mary's Parish of Louisiana CODE, OF LOUISIANA. In 1822, Peter Derbigny, Edward Livingston, and Moreau Lislet, were selected by the legislature to revise and amend the civil code, and to add to it such laws still in force as were not included therein. is being remediated to return the well to production in approximately one week. Ambra Resources owns a 25% interest in this well which is expected to reach gross production of 200 barrels of oil per day and 300 mcf of gas per day. The Charenton Field Project has five production wells and two saltwater disposal wells and additional well remediation work may be undertaken after well No. 1 is back in production. In the Cameron Meadows Field of Cameron Parish, La., Cameron Parish School Board well No. 2 is scheduled for rework in mid June. Ambra Resources owns a 40% interest in this well which is expected to reach gross production of 150 bopd and 500 mcfgpd. The Bastian Bay Field well No. 1 in Plaquemines Parish, La., has been awaiting a permit to complete the pipeline connection. The process of posting a public notice of the pipeline completion and allowing for a response time has been completed by the Coastal Management This article is about coastal management aimed to prevent erosion and flooding. For broader management issues, see Integrated coastal zone management. Coastal management or coastal defence Division of the Louisiana Department of Natural Resources Many sub-national governments have a Department of Natural Resources or similarly-named organization:
n in the Trager method of therapy, the practitioner enters into a meditative state along with the patient, which allows him or her to work more intuitively and to feel subtle changes in the patient's movement and tissue texture. to the wellhead well·head n. 1. The source of a well or stream. 2. A principal source; a fountainhead. 3. The structure built over a well. wellhead Noun 1. . Ambra owns 6.25% net revenue interest in the well's expected minimum production of 2,000 mcfgpd and will receive additional pay back revenues. Ambra Resources Group acquisition of additional working interests in the 23 square mile Cessford, Alberta, Canada Amex Joint Venture effectively doubled the acreage served by the pipeline. The operator, Promax Energy (CDNX:PMY), has taken delivery of the pipe required to construct phase one of the pipeline gathering system and work is scheduled to begin the week of May 29. Gas production is expected to begin in fifty to sixty days thereafter. Ambra's 5% share of this first phase of gas production revenue should exceed $14,000 per month over the life of the wells. INFORMATION TECHNOLOGY DIVISION: The response to Ambra's new Internet See Web 2.0 and Internet2. subsidiary, The First Domain Name Company Inc, (60% owned by Ambra) for the sales and marketing of registered domain names has generated additional requests for new services in the Web design and Web site marketing areas of Internet commerce. Ambra Resources Group will launch "Quiqnet" as a subsidiary company to provide Web hosting Making a Web site available on the Internet. Many ISPs host a few personal Web pages for an individual at no additional cost above the monthly service fee, but the address is subordinate to the ISP; for example, www.friendlyisp.com/pat_smith. , development and consulting services. Quiqnet will be managed in Ambra's Princeton, N.J., offices by Steven Weiss, director of business development and corporate communications Corporate communications is the process of facilitating information and knowledge exchanges with internal and key external groups and individuals that have a direct relationship with an enterprise. , and will focus on small to medium sized business that need guidance in marketing and advertising for Internet business. The First Domain Name Company has over 2,000 registered Domain Names posted for sale including many new titles for business interests related to the new opportunities in China. Ambra Resources Group Inc. is a fully reporting company whose financial information can be viewed online through the Yahoo quote link under "News" and by selecting the SEC option under "More Info." By the Board of Directors, Ambra Resources Group Inc. |
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