Cenovus Energy Inc. (NYSE: CVE) CVE purchase for the remaining assets of Oilsands Quest for $10 million received approval from the Alberta Court of Queen?s Bench. The majority of the assets are located adjacent to Cenovus?s proposed Telephone Lake oil sands project in northern Alberta. The acquisition includes three oil sands leases, covering approximately 59,000 hectares in Alberta and Saskatchewan, that adjoin Cenovus?s Telephone Lake property. Late last year, Cenovus submitted a joint regulatory application and environmental impact assessment for an initial 90,000 barrel per day project at Telephone Lake. Ultimately, the company expects Telephone Lake will become another cornerstone project like Foster Creek or Christina Lake, Cenovus?s two producing oil sands assets. Cenovus Energy Inc. (TSX, NYSE: CVE) is a Canadian oil company. It is committed to applying fresh, progressive thinking to safely and responsibly unlock energy resources the world needs. Operations include oil sands projects in northern Alberta, which use specialized methods to drill and pump the oil to the surface, and established natural gas and oil production in Alberta and Saskatchewan. The company also has 50% ownership in two U.S. refineries. Cenovus shares trade under the symbol CVE, and are listed on the Toronto and New York stock exchanges. Its enterprise value is approximately $30 billion. For more information, visit www.cenovus.com. **** PNM Resources, Inc. (NYSE: PNM) PNM, acknowledged that a state settlement proposal released to address regional haze at San Juan Generating Station appears to be an important step toward an alternative to the current federal plan. The proposed settlement agreement announced by the state would require several additional actions before moving forward. The first of those actions would be an agreement in principle by the U.S. Environmental Protection Agency (EPA) and PNM to support the proposal. The proposal then would require many additional approvals, including formal adoption from the N.M. Environmental Improvement Board, the N.M. Public Regulation Commission and, ultimately, final approval from the EPA. PNM Resources (NYSE: PNM) is an energy holding company based in Albuquerque, N.M., with 2011 consolidated operating revenues of $1.3 billion, excluding First Choice Power. Through its regulated utilities, PNM and TNMP, PNM Resources has approximately 2,550 megawatts of generation capacity and serves electricity to more than 735,000 homes and businesses in New Mexico and Texas. For more information, visit the company?s Web site at www.PNMResources.com. **** Crown Equity Holdings Inc. (CRWE) CRWE Tube, (www.crwetube.com) a video sharing site of CRWE, allows billions of people around the world to upload, watch and share original videos. With online videos continuing to experience explosive, viral growth and the web rapidly moving from text to video, businesses will need to adapt to the shift in video distribution technology or quickly become irrelevant to their consumers who anticipate seeing video everywhere online. CRWE offers advertising branding and marketing services as a worldwide online multi-media publisher with its digital network of websites and focuses on the distribution of information for the purpose of bringing together a targeted audience and the advertisers that want to reach them. Crown Equity Holdings advertising services cover and connect a range of marketing specialties, as well as provide search engine optimization for clients interested in online media awareness. For more information about Crown Equity Holdings Inc. visit www.crownequityholdings.com. **** To view recent article please visit http://crweselect.com/30465/stock-alerts/genesee-wyoming-inc-completed-the-acquisition-of-railamerica-pva-gwr/ *********** THIS IS NOT A RECOMMENDATION TO BUY OR SELL ANY SECURITY! Disclaimer: CRWESelect.com publisher and its affiliates and contractors are not registered investment advisers or broker/dealers. (Read Full Disclaimer at http://crweselect.com/disclaimer).
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