Tamm Oil and Gas Corporation is based in Calgary, Alberta, Canada. Currently, the company owns 35,200 acres of oil and gas rights in the peace river and holds 100% interest in the natural gas and heavy oil rights on these properties. 

  Heavy crude oil is a denser form of oil with a specific gravity greater than .933, it is mostly the result of degraded crude oil exposed to some form of water or air. The largest reserve of heavy oil in the world is located in Venezuela along the Orinoco River. There are many methods to extract the natural resource including: Cold heavy oil production with sand, steam assisted gravity drainage, cyclic steam stimulation, vapor extraction, toe to heel air injection and open pit mining  It is estimated that 3 billion original barrels of heavy oil are beneath the land owned by TAMM. Currently, geological studies are being conduct along with testing of optimal methods of recovery, the company is leaning towards CCS, vertical or horizontal or both, SAGD type recovery, Cold Flow, TIDE or other models. Typical costs for these types of production methods, at the commercial pilot stage are around $40/bbl — thus a good return for initial production aiming at 18% primary recovery and cyclic steam at 30% recovery. As production in this area is still in the early stages, the anticipated recovery rates may increase with experience in working with these potential reservoirs. Initial extraction could begin next year or in 2012.   TAMO is trading at .26 up .075 or 40% at a volume of 121k .  

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TAMPA, FL–(Marketwire – 06/17/10) – MagneGas Corporation (“MagneGas” or the “Company”) (OTC.BB:MNGA – News), a producer of a metal working fuel and natural gas alternative made from liquid waste, announced today that its construction of the 200kw Plasma Arc Flow™ Refinery ordered by Beijing-based DDI Industry International (“DDI”) is on schedule and nearing completion. The Company expects DDI to inspect the unit in person in July, and make its final payment of $950,000 by no later than August 31, 2010. DDI previously made a $950,000 down payment toward the $1.9 MM Refinery purchase price.

For the first time MagneGas is giving investors a window into its workshop — view photos of the actual China Refinery in progress at ir.stockpr.com/magnegas/refinery.

“We are very proud of this latest Refinery — with it we have advanced the MagneGas™ Technology and have produced our most efficient unit to date, improving both liquid waste processing and clean fuel production,” stated MagneGas President Richard Connelly. “We have also demonstrated to future customers that we can build to custom specifications, and do so on time and within budget. This is a positive milestone in our development, both in terms of product and of process.”

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Yesterday THQ made three announcements as they prepare to travel to the E3 expo. First, THQ will be hosting an investor meeting through a live audio Web broadcast at 4:30 PCT on June 15th 2010 in connection with the 2010 Electronic Entertainment Expo. 

  Second, Martin Good was promoted to Executive Vice President of kids, family, casual games and global online services. Martin Good has been with the company for 10 years and will be focusing on the online games across THQ’s two business units.      Lastly, THI announced the development for their new game, Biggest Loser Challenge for the Wii. Utilizing the Wii Fit, this game is a new interactive health and fitness experience, featuring trainers Bob Harper and Jillian Michaels. A new trend in games that involve motion capture has been growing with many developers attempting to get away from the stigma of the lifestyle associated with sedentary game play. 

   Microsoft’s Xbox 360 will be displaying project Natal at E3, a motion capture initiative to capitalize on this trend that Nintendo has started with the Wii. Sony and Playstation 3 are also attempting to jump on the motion capture train with their aptly named Playstation Motion Controller. Whether either of these peripherals will have as much success as the Wii is still unknown, but after E3 is complete we will most likely have a better outlook for our small cap gaming companies for the second half of the year. 

  Currently, THQI is trading at   5.56 up .29 or 5.5%   For More stories written by WMM on THQ click here 

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For all you old school gamers out there, Majesco Games has just announced that it will be releasing Tetris Party Deluxe in a partnership with Tetris online. The game will feature 20 new modes and will be available on both the Nintendo Wii and DS. 

   Tetris has been one of the most popular games in the world since 1984 when it was invetented by Alexey Pazhitnov in the Soviet Union. The game derives its name from the Greek Numeral tetra, referring to the four blocks in each shape.    It never ceases to amaze me how simple designs stand the test of time. Video games are undergoing a cyclical phase where many old games are being re-done or re packaged into arcade style releases by developers. Majesco Games (NASDAQ: COOL) is trading at .80 up .01 or 1% on thin volume. The stock has been acting rather volatile in the last three months and has taken a decent sized dip from $1.04 to its current position. Despite the volatility, the company has been steadily pumping out new releases on average two times a month since we have initiated coverage. As I have said in my previous articles about companies in the gaming space, summer is the season for developers so we will see how our stocks fair as the solstice approaches. For more stories written on COOL click hereMajesco games is featured in our Micro Cap Index   

To view this article at World Market Media click on the link below: http://www.worldmarketmedia.com/779/section.aspx/1726/post/majesco-games-releases-tetris-party-nasdaqcool

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Wall Street remains in panic mode this morning.  Stock Index futures were lower pre-open and this logically carried over into the first hour where the Dow opened down more than 100 points before finding bids. The  Volatility gage (VIX Index) is at its highest level since the market plummeted in 2008, and traders expect Friday action to whip-saw all stocks.

Futures pointed to further selling Friday after major stock indexes posted their biggest drops in more than a year and pushed the market to “correction” mode.

Investors again looked to Europe for direction. The German parliament approved the country’s share of a $1 trillion plan to help contain debt problems in the European Union but major stock indexes fell more than 1 percent in Europe. Traders are worried stronger countries like Germany and France will be saddled with heavy debts to help weaker EU countries.

The euro rose to $1.2541 from $1.2464. The 16-nation currency has been a big driver of trading for weeks but many traders have been skeptical that any advances will be short-lived.

World markets have been falling on concerns that European debt problems will upend a global rebound. The fear is that huge deficits in countries including Greece and Portugal will cause a wave of bad debt to race through the world’s financial system. Even if that is prevented, the prospect of heavier borrowing and sluggish growth has traders concerned.

To view this article at World Market Media please click on the link below: http://www.worldmarketmedia.com/779/section.aspx/1588/post/markets-open-lower-dow-remains-in-panic-mode

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Adams Golf focuses on developing high-performance and technologically innovative golf products. On May 11, the company released its first quarter 2010 results. It reported a 5% decrease in net sales compared to the 3 months ended March 31, 2009, but had an overall higher net profit ($1.7 million) than the previous year ($0.4million). The company had open orders totaling $18.1 million at the end of the quarter as compared to open orders of $5.3 million at the same point in 2009. Chip Brewer, CEO and President of Adams Golf, commented that “we believe this increase in open orders is primarily a result of more forward looking planning by select retailers as well as delays in product availability from various vendors. We expect the product availability delays to be resolved during the current quarter.”

The company has experienced significant growth in U.S. market shares. They have been energized with the market response to their current product offerings. One of its newest products, the Speedline Fast 10 drivers, has reduced drag by 10% throughout the swing for a faster club head speed that generates more distance (an additional 15 yeards of carry distance) than previous driver models. According to Golf Datatech LLC, their U.S. iron dollar share was 11.96%, up 21% year over year for the first quarter of 2010. The wood dollar share was 6.53%, up 11% year over year. Furthermore, in March 2010, the Idea A7OS iron set was the #1 selling model of irons in the U.S. Through increased tour exposure, Adams has continued to strengthen its brand and sustained its position as the #1 hybrid on the PGA, Nationwide and Champions tours. Brewer comments that “we are encouraged with the progress we have made in both the product and brad side of the business as well as the improved financial results.”

- About the Author:   About World Market Media:WorldMarketMedia.com (The Global Online Investment Community) is a high traffic stock market, news data website providing cutting edge new media products and services to publicly traded companies worldwide. Our Editor’s Desk authors insightful real-time coverage on the economy, the capital markets and their listed companies.     Article Source