Stratex Made an Offer to Acquire Magellan Petroleum (MPET, ASEI)
08/29/2012

** Stratex Oil & Gas Holdings, Inc. reported that it has made an offer to acquire MPET for $2.30 per share in cash and stock.

Online PR News – 29-August-2012 – Las Vegas, NV – MPET, Magellan Petroleum Corp.

Stratex Oil & Gas Holdings, Inc. reported that it has made an offer to acquire MPET for $2.30 per share in cash and stock. The offer was made in a letter to MPET's CEO with a copy to the Board of Directors yesterday after the CEOs of the two companies had previously discussed Stratex's interest in acquiring MPET, but had failed to come to any definitive understanding. MPET is an independent energy company engaged in the exploration, development, production, and sale of crude oil and natural gas. More about MPET at www.magellanpetroleum.com

ASEI, American Science & Engineering Inc.

ASEI was upgraded from Neutral to Buy by brokerage firm Ascendiant Capital Markets with a price target of $67. ASEI reported the receipt of an $8.2 million order for Z Portal(R) and Sentry(TM) Portal cargo and vehicle screening systems from a Latin American government agency to protect an international airport. The Z Portal and Sentry Portal systems will be used to safely and effectively screen vehicles and air cargo for explosive threats, drugs, and other contraband at this Latin American airport. ASEI's Z Portal is a multi-view, drive-through screening system capable of scanning cars, vans, trucks, and their cargo for concealed threats and contraband. ASEI's Sentry Portal is a high-throughput, high-penetration, drive-through cargo inspection system. ASEI is a leading worldwide supplier of innovative X-ray inspection systems. More about ASEI at www.as-e.com.

There are many advantages if you advertise your business with video marketing. You will find that it’s a lot easier to show your target audience what they can expect when coming to your business for the goods or services you can provide. Crown Equity Holdings Inc., (CRWE) recenly launched CRWE Tube, www.crwetube.com, a video sharing site that allows billions of people around the world to upload, watch and share original videos. Restricting your marketing to just written text vastly limits your audience; video marketing should be seen as another mode of online communication to reach potential customers. 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. CRWE‘s advertising services cover and connect a range of marketing specialties, as well as provide search engine optimization for clients interested in online media awareness. More about CRWE at www.crownequityholdings.com.

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