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Strategies & Market Trends : YEEHAW CANDIDATES -- Ignore unavailable to you. Want to Upgrade?

To: Ken W who wrote (16547)	3/21/2006 8:44:50 AM
From: Galirayo	Read Replies (1) \| Respond to of 23958

>>Did ya see CPST's afterhours trades?<< No I didn't check them .. where do you view AH Blocks ??

To: Ken W who wrote (16547)	3/21/2006 8:45:15 AM
From: Galirayo	Respond to of 23958

NGAS Acquires Gas Gathering Assets From Duke Energy Tuesday March 21, 8:30 am ET LEXINGTON, Ky.--(BUSINESS WIRE)--March 21, 2006--NGAS Resources, Inc. (Nasdaq:NGAS - News) announced today that its subsidiary, NGAS Gathering, LLC, has closed on the previously announced acquisition of a 116-mile gas gathering system from Duke Energy Gas Services, LLC. The system spans parts of southeastern Kentucky and southwestern Virginia, and ties into Duke Energy's East Tennessee Natural Gas interstate pipeline system. ADVERTISEMENT The newly acquired system connects to gathering systems owned by NGAS that services its production from 177,000 acres of core properties that include the Leatherwood, Straight Creek, and Stone Mountain fields. The current through-put of the system is 14,000 Mcf per day. As currently configured, the system has a through-put capacity of 24,000 Mcf per day. With compression upgrades, the through-put can exceed 45,000 Mcf per day. "Our pipeline and gathering system is a key asset and competitive advantage for us and we are very excited to add the Duke Energy pipeline to our already extensive 300 miles of gathering system," commented William S. Daugherty, President and CEO of NGAS. Added, Mr. Daugherty, "The system acquired ensures deliverability from our core focus area in the Appalachian Basin to the natural gas market in the eastern U.S. as well as enhances our competitive position in the region." About NGAS Resources NGAS Resources is an independent energy company focused on natural gas development drilling and reserve growth with its main operations in the southern portion of the Appalachian Basin. Additional information, including the Company's report on Form 10-K for 2005, can be accessed on its website at www.ngas.com. This release includes forward-looking statements within the meaning of Section 21E of the Securities Exchange Act relating to matters such as anticipated operating and financial performance and prospects. Actual performance and prospects may differ materially from anticipated results due to economic conditions and other risks, uncertainties and circumstances partly or totally outside the control of the company, including risks of production variances from expectations, volatility of product prices, the level of capital expenditures required to fund drilling and the ability of the company to implement its business strategy. These and other risks are described in the company's periodic reports filed with the United States Securities and Exchange Commission. Contact: NGAS Resources, Inc. Michael Windisch, 859-263-3948 ngas@ngas.com -------------------------------------------------------------------------------- Source: NGAS Resources, Inc.

To: Ken W who wrote (16547)	3/21/2006 8:55:57 AM
From: Galirayo	Respond to of 23958

[CPST / PLUG] This Wire showed up under PLUG but not under CPST. Alternative energy attracting more investors Monday March 20, 11:04 pm ET By Lisa Haarlander CHICAGO (Reuters) - A perfect storm of high energy prices, government subsidies and renewed interest from Wall Street is boosting investment in alternative energy projects, fund managers and other experts said on Monday. ADVERTISEMENT "This is the best time to think about energy technology whether you're a large equity fund, trying to get money for a company you're running or to make returns in the stock market," said Philip Deutch, managing partner of NGP Energy Technology Partners, a $150 million private equity investment fund at a conference on renewable energy. Well known investors such as Goldman Sachs Group Inc. (NYSE:GS - News), the Carlyle Group and Berkshire Hathaway Inc. (NYSE:BRK-A - News) have all made recent investments in wind and solar power, Deutch told about 75 people attending the conference in Chicago sponsored by Platts, an energy industry publication. And Microsoft Corp. (NasdaqNM:MSFT - News) Chairman Bill Gates and venture capitalist Vinod Khosla are investing in ethanol. Recent public offerings by SunPower Corp. (NasdaqNM:SPWR - News), a California-based maker of solar panels, and Q-Cells (XETRA:QCEG.DE - News), a German maker of solar cells, have also caught the attention of investors. But alternative energy is not without risk, primarily due to rapid changes in technology and volatile commodity prices, Deutch said. He pointed to the fall in share prices of fuel-cell maker Plug Power Inc. (NasdaqNM:PLUG - News) and Capstone Turbine Corp. (NasdaqNM:CPST - News), a producer of low-emission microturbines. "Both these stocks have traded down almost to the single digits," he said. "Energy technology is not new and it is often overpromised. One has to enter this area with some humbleness and think about how quickly change occurs." Despite the risks, the sector is gaining popularity with venture capitalists, said James Greenberger, partner at Chicago law firm Sachnoff & Weaver, which caters to venture and private equity firms. Total venture capital between 2002 and 2005 has remained fairly stagnant at between $18 billion and $22 billion. However, the percentage invested in energy technology has risen from 2.7 percent in 2002 to 4.2 percent in 2005, he said. "Clearly, something is going on," Greenberger said. In the U.S. Midwest, ethanol and wind farms have received the most attention from investors. Last year, U.S. ethanol production reached a record 3.9 billion gallons, according to the U.S. Energy Information Administration. There are 97 ethanol plants operating and another 33 under construction and nine being expanded, according to the Renewable Fuels Association. In 2005, U.S. wind generating capacity jumping 35 percent as companies invested $3 billion to bring an additional 2,400 megawatts online. This year, capacity is expected to grow by another 3,000 megawatts, said the American Wind Energy Association, a trade group in Washington.