Fuel Cell Market Report

The Race Is On to Produce Increased Volumes of Rare Earth Metals - Resource Investor

The Race Is On to Produce Increased Volumes of Rare Earth Metals Resource Investor, VA - 1 hour ago I believe that GM hypes the lithium powered Chevrolet Volt, and, along with Ford, talks about fuel cell powered, hydrogen powered and ethanol or biofuel ...

Enhanced Oil Resources, Inc. Announces Producing Oilfield Acquisition with Substantial CO(2)-EOR Potential

HOUSTON, May 28 /PRNewswire-FirstCall/ -- Enhanced Oil Resources, Inc. (TSX-V: EOR) today announced the signing of a binding Purchase and Sales Agreement to purchase a producing oil field in New Mexico for .5 million. The acquisition is expected to close on or before June 15, 2008 and will be immediately accretive to cash flow. The effective date is May 1, 2008.

The acquisition covers an 800 acre Unit in a 2,400 acre mature oilfield and is currently producing approximately 35 barrels of oil per day (bopd). To date, the Unit has produced approximately 22 million barrels of oil (MMBbl) out of the Field's previously recovered total of 44 MMBbl, a 35% recovery of the estimated 125 million barrels of original oil in place.

The Company's independent enhanced oil recovery consultants, Advanced Resources International (ARI), completed a proprietary screening study of the field for the Company and in a report dated April 7, 2008 estimated that the field could recover an additional 31 MMBbl using state of the art CO(2)

injection processes. These resources are categorized under Canadian securities regulation as contingent resources under NI51-101. ARI estimates that the field has the potential, once fully flooded, to reach an EOR peak production rate of more than 8,000 bopd. The Company intends to initiate a pilot CO(2) flood of the property in the next seven months. Under NI51-101 rules, contingent resources are those quantities of oil and gas estimated on a given date to be potentially recoverable from known accumulations but is currently not economic.

Barry Lasker, President and Chief Executive Officer of Enhanced Oil Resources said: "Following the closing of this acquisition and together with our previously announced acquisitions, the Company has acquired more than 70 MMBbl of contingent resources that could become proven reserves if a positive CO(2) flood response is achieved. The location of this latest acquisition is within 10 miles of the Milnesand field and together with our Chaveroo field forms a growing focused operating area for the Company. As we have previously said, our mission is to build a reserve base in New Mexico where significant potential exists for enhanced oil recovery and leverages our large CO(2) resource into opportunities that will add measurable value to the Company and its shareholders. The potential acquisition of this latest field reinforces our ability to acquire additional EOR resources in the future."

About Enhanced Oil Resources ----------------------------

Enhanced Oil Resources, Inc. (EOR) is an early-stage company focused on developing the St. Johns Helium/CO(2) field, and producing oil via enhanced oil recovery processes using CO(2) injection in the United States. The Company owns and operates the St. Johns Field, the largest undeveloped helium and CO(2) field in North America.

Forward-Looking Statement -------------------------

Certain statements contained herein are forward-looking statements, including statements relating to Enhanced Oil Resources' operations; business prospects, expansion plans and strategies. Forward-looking information typically contains statements with words such as "intends," "anticipate," "estimate," "expect," "potential," "could," "plan" or similar words suggesting future outcomes. Readers are cautioned not to place undue reliance on forward-looking information because it is possible that expectations, predictions, forecasts, projections and other forms of forward-looking information will not be achieved by Enhanced Oil Resources. By its nature, forward-looking information involves numerous assumptions, inherent risks and uncertainties. A change in any one of these factors could cause actual events or results to differ materially from those projected in the forward-looking information. Although Enhanced Oil Resources believes that the expectations reflected in such forward-looking statements are reasonable, Enhanced Oil Resources can give no assurance that such expectations will prove to be correct. Forward-looking statements are based on current expectations, estimates and projections that involve a number of risks and uncertainties which could cause actual results to differ materially from those anticipated by Enhanced Oil Resources and described in the forward-looking statements or information. The forward-looking statements are based on a number of assumptions which may prove to be incorrect. Readers should be aware that the list of factors, risks and uncertainties set forth above are not exhaustive. Readers should refer to Enhanced Oil Resources' current filings, which are available at http://www.sedar.com/, for a detailed discussion of these factors, risks and uncertainties. The forward-looking statements or information contained in this news release are made as of the date hereof and Enhanced Oil Resources undertakes no obligation to update publicly or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable laws or regulatory policies.

ON BEHALF OF THE BOARD OF DIRECTORS (signed) Barry D Lasker, CEO THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

Enhanced Oil Resources Inc.

CONTACT: visit our Website at http://www.enhancedoilres.com/; Retail investors
please call Don Currie on 1-888-990-3551

Sullivan Advances Energy Plan

Joseph Bell, who was Communications Director for Rep. Rob Simmons from 2001-07, has temporarily replaced Andrew Powaleny as Sean Sullivana s Communications Director (Powaleny is going to DC for an internshipa in the middle of a campaigna and intends to return August 5th. I take him at his word). The difference in tone is immediately apparent: Today Sean Sullivan, Republican congressional candidate for Connecticuta s Second District, said America needs a comprehensive energy policy that would focus

General Motors Announces California Public Policy Partners in Chevrolet's Project Driveway

As a further demonstration of its commitment to fuel cell technology, General Motors handed the keys to four Chevrolet Equinox Fuel Cell vehicles to a group of key government partners who are participating in Chevrolet's Project Driveway - the largest-ever market test of fuel cell-electric vehicles.

XTO Energy Announces Bakken Shale Acquisition for .85 Billion in Cash and Stock

FORT WORTH, Texas, May 28 /PRNewswire-FirstCall/ -- XTO Energy Inc. announced today that it has entered into a definitive agreement to acquire producing properties and undeveloped acreage from privately-held Headington Oil Company for .85 billion. Consideration in the transaction includes .06 billion of cash and 11,742,391 shares of XTO common stock valued at approximately 90 million, or 7.35 per share. The purchase includes 352,000 net acres of Bakken Shale leasehold in Montana and North Dakota. XTO Energy's internal engineers estimate proved reserves on the properties to be 68 million barrels of oil equivalent, of which 60% are proved developed. Upon closing, the acquisition will add about 10,000 barrels of oil equivalent per day to the Company's growing production base.

"Since 2004, XTO has aggressively pursued the best shale basins -- in terms of geology, productivity and economics -- to stake a claim for long-term growth. Our successful development results in these plays have created value for our shareholders and motivated additional investment for our future. With this acquisition in the Bakken Shale, our Company is now established as a leading producer and leasehold owner in this emerging oil shale play," stated Bob R. Simpson, Chairman and Chief Executive Officer. "As in our other producing arenas, the XTO team will bring experience and expertise to this multi-zoned, over-pressured and complex basin. We expect to grow production and reserves from this prolific shale into an environment of strong commodity prices."

"Across the 15,000 square mile Williston Basin, results from new Bakken wells, utilizing progressive horizontal drilling and completion techniques, are revealing the true potential of this extraordinary hydrocarbon target," noted Keith A. Hutton, President. "With over 3 billion barrels of oil held in place within our acreage position, our team expects to more than double the acquired reserve volumes over time. Drilling and operational activities should grow our production in the region by 12% to 15% annually, with about one-third of cash flow. Given the per barrel production cost and high economic margin of these flowing oil wells, this expansive shale acquisition is a superb addition to XTO's portfolio of premier properties."

In a recent report, the U.S. Geological Survey published a new assessment of the Bakken Shale play of North Dakota and Montana. The report cites that 3 billion to 4.3 billion barrels of undiscovered oil are technically recoverable with current technology and industry practices. This estimate by the USGS made the Bakken Shale the largest continuous oil accumulation in the lower 48 states. In addition, the USGS has estimated total oil-in-place at 200 to 400 billion barrels.

The acquired properties are located in the Bar Trend and Nesson Anticline of the Bakken Shale development. At present, the primary producing field is Elm Coulee in Montana. Undeveloped leasehold comprises about 215,000 net acres of the total. Production volumes are 88% oil, but the associated natural gas is Btu rich in composition, realizing a 30% premium to NYMEX pricing.

The acquisition is scheduled to close on or before July 15, 2008. Funding of the cash portion of the transaction will be provided through a combination of cash flow and commercial paper. The number of shares of XTO common stock is not subject to adjustment. The final closing price is subject to typical closing and post-closing adjustments.

The Company will host a brief conference call today, May 28, 2008, at 10:00 a.m. Central time to discuss the details of this transaction. A brief presentation providing maps and other data relating to the transaction can be accessed on the Company's website at http://www.xtoenergy.com/.

XTO Energy Inc. is a domestic natural gas producer engaged in the acquisition, exploitation and development of quality, long-lived oil and natural gas properties in the United States. Its properties are concentrated in Texas, New Mexico, Arkansas, Oklahoma, Kansas, Wyoming, Colorado, Alaska, Utah, Louisiana, Mississippi and Montana.

Statements made in this news release, including those relating to proved reserves, growth potential, success or emergence of various shale plays, future commodity prices, operating costs, economic margins, initial producing rates, resource potential, timing of closing the pending acquisition and source of funds are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements are based on assumptions and estimates that management believes are reasonable based on currently available information; however, management's assumptions and the Company's future performance are subject to a wide range of business risks and uncertainties and there is no assurance that these goals and projections can or will be met. Any number of factors could cause actual results to differ materially from those in the forward-looking statements, including, but not limited to, failure to close the pending acquisition, objection to the transaction by the Federal Trade Commission under the Hart-Scott-Rodino Act, the timing and extent of changes in oil and gas prices, changes in underlying demand for oil and gas, the timing and results of drilling activity, production downtime due to maintenance, weather or other factors outside the Company's control, ability to retain operational personnel from the seller, the availability of drilling equipment and technical personnel, changes in interest rates, higher than expected production costs and other expenses, future acquisitions and general economic conditions. The Company undertakes no obligation to publicly update or revise any forward-looking statements. Further information on risks and uncertainties is available in the Company's filings with the Securities and Exchange Commission, which are incorporated by this reference as though fully set forth herein.

Reserve estimates and estimates of reserve potential or upside with respect to the pending acquisitions were made by our internal engineers without review by an independent petroleum engineering firm. Data used to make these estimates were furnished by the sellers and may not be as complete as that which is available for our owned properties. We believe our estimates of proved reserves comply with criteria provided under rules of the Securities and Exchange Commission.

XTO Energy Inc.

CONTACT: Louis G. Baldwin, Executive Vice President & Chief Financial
Officer, or Gary D. Simpson, Senior Vice President, Investor Relations &
Finance, both of XTO Energy Inc., 1-817-870-2800

Web site: http://www.xtoenergy.com/

ENVIRONMENTAL CLARITY

My very conservative friend Jameson Campaigne is no rah-rah environmentalist, but like me he's interested in free market technology solutions to reduce the costs of energy and reduce pollution. He thinks it may be time for me to trade in my Prius! Check out the new Honda Clarity, a hydrogen fuel cell sedan being test-marketed right now in Southern California.This is close to astounding. And apparently not the product of massive government subsidies, just good old free enterprise at work. Click

MMA Renewable Ventures Enters Wind Market with Oregon Project MMA Renewable Ventures Accelerates Community-Based Wind Project Development

SAN FRANCISCO, May 28 /PRNewswire/ -- MMA Renewable Ventures, LLC, a subsidiary of Municipal Mortgage & Equity, LLC, a diverse real estate and clean energy finance and investment management company ("MuniMae") (Pink Sheets: MMAB) today announced plans to construct, finance and operate a 10 megawatt (MW) wind farm in north central Oregon. MMA Renewable Ventures partnered with developers and landowners Ormand and Jeff Hilderbrand to help manage and accelerate all aspects of project development. Upon scheduled completion in 2009, the PaTu Wind Farm is expected to produce 30,000 MWh of energy annually, enough clean electricity to power 3,000 homes each year.

The PaTu Wind Farm is the first wind project to join MMA Renewable Ventures' growing portfolio of more than 35 clean energy generation facilities nationwide. Within the wind market, MMA Renewable Ventures is focused on delivering turnkey financing and project management services that facilitate community ownership of wind projects.

"MMA Renewable Ventures has a proud tradition of pioneering new ways to make clean energy easier and more cost-effective to deploy. Our entry into the wind market extends our proven financial capabilities, operational expertise and innovative approach to an entirely new group of renewable energy partners and customers," said Matt Cheney, CEO of MMA Renewable Ventures.

"Wind energy development offers rural regions a real source of economic opportunity, but the many factors involved in bringing a new wind farm into operation can be difficult to successfully manage. The challenges are even greater for community scale projects like ours that must compete with larger projects for limited turbines and financing," said Ormand Hilderbrand. "More than just a financial partner, MMA Renewable Ventures provided the expertise we needed to speed this project to successful operation, helping the wind farm deliver benefits to my business, our community and the environment."

MMA Renewable Ventures provides development capital, customized project management and total financing for small- to mid-scale wind farms. The company collaborates with project stakeholders to deliver benefits to all participants, including:

-- Developers & Landowners: With expertise in development investment, development management, project finance, construction, turbine procurement and operation, the company works with developers at all stages of the project lifecycle to manage the wind farm through successful operation. -- Institutional Investors: MMA Renewable Ventures aggregates qualified, investment-grade wind energy projects to manage risk and provide attractive returns to investors.

Since 2002, MMA Renewable Ventures has brought more than 40 MW of clean energy generation into development, including North America's largest photovoltaic system at Nellis Air Force Base. The company is currently expanding its presence in the wind market and has a pipeline of more than 200 MWs of near term community wind opportunities.

About MMA Renewable Ventures

A wholly-owned subsidiary of Municipal Mortgage & Equity, LLC ("MuniMae," OTC: MMAB.PK), MMA Renewable Ventures finances, owns and operates renewable energy and energy efficiency assets for commercial, municipal and utility customers nationwide. The company provides leases, Power Purchase Agreements (PPAs) and other customized financial solutions to help its customers manage energy costs. MMA Renewable Ventures is dedicated to delivering competitively priced clean energy and energy savings to customers, strong partnership options for project developers, and exceptional opportunities for institutional investment in the clean energy sector. For more information about MMA Renewable Ventures, visit http://www.mmarenewableventures.com/

MMA Renewable Ventures, LLC

CONTACT: Rosalind Jackson of Antenna Group, 1-415-977-1923,
Rosalind@antennagroup.com, for MMA Renewable Ventures

Web site: http://www.mmarenewableventures.com/

HydroGen lays off 76 employees - Ashtabula Star-Beacon

HydroGen lays off 76 employees Ashtabula Star-Beacon, OH - 9 hours ago Founded in 2001, HydroGen works with a phosphoric acid fuel cell technology and even some equipment developed by Westinghouse Electric Corp. in the 1980s to ...

VRB Power Reports First Quarter 2008 Financial Results - RedOrbit

VRB Power Reports First Quarter 2008 Financial Results RedOrbit, TX - 18 hours ago The project will integrate solar energy, fuel cell, energy storage and control systems. Summary consolidated financial statements of the Company for the ...

BlackLight Power Inc. Announces Commercial Ready Alternative Energy Solution

CRANBURY, N.J., May 28 /PRNewswire/ -- BlackLight Power Inc. today announced the successful testing of a new energy source. The company has successfully developed a prototype power system generating 50,000 watts of thermal power on demand. Incorporating existing industry knowledge in chemical and power engineering, BlackLight Power (BLP) is pursuing the immediate design and engineering of central power plants utilizing the BlackLight Process. BLP plans on developing pilot plants with architecture and engineering firms with anticipated delivery in approximately 12 to 18 months. The BLP process has been replicated and validated by independent scientists and has received interest from financial institutions and power utility plant operators around the world. BLP plans on licensing its technologies.

"If you make cheap heat, you can make cheap electricity and if you can make cheap electricity you can make cheap hydrogen," says Randell Mills, Chairman, CEO, and President of BlackLight Power Inc. "The BlackLight Process generates enormous amounts of cheap, non-polluting heat that will replace the thermal power in coal, oil, gas and nuclear power plants that is then converted to electricity."

And with gasoline prices setting record after record, BlackLight CEO Randell Mills, says the BlackLight Process is the breakthrough we've all been waiting for. "The hydrogen-burning car has been possible for decades, but there has never been a way to produce cheap hydrogen until today. We are projecting that we will be at the scale of power generation necessary for a power plant to replace the gasoline pumped in a day at a station with hydrogen from water in approximately 24 months."

Dr. Shelby Brewer, former CEO of ABB Combustion Engineering and Assistant Secretary of Energy during the Reagan Administration called today's announcement remarkable. "In my nearly 50 years in and around the energy business, I've yet to see a breakthrough as promising as this one. When I was studying to become a nuclear engineer in the 1960s, I never imagined I would see a day like today." Brewer, a current board member of BlackLight Power, added "This breakthrough was entirely supported by private capital with no government investment."

Michael Jordan, former CEO of Westinghouse and current board member of BlackLight Power, says "The breakthroughs announced by Randell Mills and his team of scientists will go down as one of the most important advances in the field of energy in the last fifty years."

BlackLight CEO Randell Mills has released a paper outlining the full documentation and explanation of the BlackLight Process that is available at: http://www.blacklightpower.com/ Mills is committed to announcing all future progress as it occurs.

About BlackLight Power

BlackLight Power Inc. is the inventor of a new primary energy source and a new field of hydrogen chemistry with broad commercial applications.

BlackLight Power has invented a new primary energy source with applications to heating, distributed power generation, central power generation, and motive power based on a new chemical process of releasing the latent energy of the hydrogen atom, the BlackLight Process.

For more information, please visit http://www.blacklightpower.com/ Media Contact: Ramya Kumaraswamy Mobile: 510-316-4926 Office: 212-885-0552 ramya.kumaraswamy@hillandknowlton.com

BlackLight Power Inc.

CONTACT: Ramya Kumaraswamy, Mobile: 1-510-316-4926, Office: 1-212-885-
0552, ramya.kumaraswamy@hillandknowlton.com, for BlackLight Power Inc.

Web site: http://www.blacklightpower.com/