MISSISSAUGA, Ontario, Nov. 7, 2006 (PRIMEZONE) -- AllPennyStocks.com Media, Inc. (http://www.AllPennyStocks.com/) announces its latest article by Greg Moses, an AllPennyStocks.com News Reporter, this one discussing Patch International Inc. (OTCBB:PTCH), its industry and future prospects.
Bitumen is a "tar like" substance and may be a new term to some, but it also may be Western Canada's new "Black Gold". It represents the primary feed stock for petroleum production throughout the entire Albertan Oil Sands region. Even with the recent oil price dip, today's oil pricing levels have made the extraction of oil from the tar sands much more attractive than in the past.
Canada is now the new frontier in Non-OPEC oil and gas developments. Canada's oil sands could help meet the global energy demand over the next 100 years. This area within Alberta represents the second largest known oil reserve outside of Saudi Arabia.
One Vancouver, B.C. based junior oil and gas producer is pursuing an aggressive two prong approach to increase shareholder value by exploiting both conventional oil and gas production, while building upon its Alberta oil sands portfolio. Patch International Inc. is focused on the resource rich Western sedimentary basin.
The full version of this special report on PTCH can be found at: http://www.allpennystocks.com/apsc/us/article/ptch_november_06_2006.htm
About AllPennyStocks.com
AllPennyStocks.com is focused on the small-cap / penny stock market and has become a reputable name in the investment community. AllPennyStocks.com runs a Canadian and U.S. site to provide investors in Canada as well as the United States with informative and unique content and information. AllPennyStocks.com runs weekly stocks to watch, has a weekly market write-up, provides company spotlights, runs a unique most active pages strictly for penny stocks trading on the TSX, TSX Venture, Nasdaq and OTC BB, and much more information for the average investor.
Although the majority of AllPennyStocks.com reports are independent, it has received compensation for carrying the report on Patch International Inc. (OTCBB:PTCH), the compensation is four thousand five hundred dollars in May 2005, nineteen thousand two hundred dollars in June 2005, eleven thousand eight hundred seventy-seven dollars in September 2005 and thirteen thousand six hundred dollars in September 2006 from Patch International Inc. for its efforts in presenting the PTCH profile on its web site and distributing it to its database of subscribers as well as other services. This creates an inherent conflict of interest and readers are encouraged to view the main disclaimer at http://www.allpennystocks.com/apsc/us/stock_profiles/ptch.htm.