Energy Quest Inc. (OTCBB: EQST) is in the StockGuru Spotlight for May 18, 2009
DALLAS, TEXAS : StockGuru announces that Energy Quest Inc. (OTCBB: EQST) is in the StockGuru Spotlight. Energy Quest, Inc., a Nevada Corporation, with its subsidiaries, Wave-Chem Inc., Alberta, Energy Quest, Inc., Alberta, and Syngas Energy Corp., is an emerging leader in the development and marketing of low-cost alternate fuels worldwide. Through superior technology, the Company is focused on becoming a GreenPowerhouse™. Record energy prices, combined with the global focus moving rapidly towards addressing pollution, has heightened the need for sustainable, near zero emission energy. Energy Quest’s technology is based on clean, renewable energy, positioning it to benefit from global trends.
On Friday, the company put out news regarding a Joint Venture agreement with CREEnergy Oil & Gas Inc. of Edmonton, Alberta to develop and commercialize oil and gas assets owned by CREEnergy with a focus towards the environment. Energy Quest will provide proprietary technologies, equipment and project management such as its PyStR hydrogen generation process and oil upgrader, while CREEnergy will provide heavy crude oil to be upgraded. The Joint Venture will be called CREE Energy Quest and will be owned equally by the CREEnergy Oil & Gas Inc. and Energy Quest, Inc.
Shares for Energy Quest Inc. (OTCBB: EQST) were steady in the morning of trading on Friday and close down four cents at close.
To view our StockGuru Spotlight on Energy Quest Inc. (OTCBB: EQST), please visit:
http://www.stockguru.com
What is the StockGuru Spotlight?
The StockGuru Spotlight features stocks that we expect some action in. Generally speaking we expect a strong showing in the market based on the market, our knowledge of the stock and the buzz in the markets. Many times these will be stocks that have big news out recently, there is fresh interest in getting the word out on these stocks or we hear a buzz in our day to day contacts on these stocks. If we think it is going to move or see action, we put it in the StockGuru Spotlight. If we are compensated for a stock in the Spotlight, it will be clearly disclosed within this Spotlight Announcement.
If you think a company should be featued in the StockGuru Spotlight, please let us know. If you are a key person for a publicly traded company, we can consider your company for either a StockGuru Spotlight or a StockGuru Profile. Please contact our Publisher John Pentony at the john@stockguru.com. You may also telephone John Pentony at (469) 252-3031.
