Comments
yourfanat wrote: I am using another tool for Oracle developers - dbForge Studio for Oracle. This IDE has lots of usefull features, among them: oracle designer, code competion and formatter, query builder, debugger, profiler, erxport/import, reports and many others. The latest version supports Oracle 12C. More information here.
Cloud Expo on Google News
SYS-CON.TV
Cloud Expo & Virtualization 2009 East
PLATINUM SPONSORS:
IBM
Smarter Business Solutions Through Dynamic Infrastructure
IBM
Smarter Insights: How the CIO Becomes a Hero Again
Microsoft
Windows Azure
GOLD SPONSORS:
Appsense
Why VDI?
CA
Maximizing the Business Value of Virtualization in Enterprise and Cloud Computing Environments
ExactTarget
Messaging in the Cloud - Email, SMS and Voice
Freedom OSS
Stairway to the Cloud
Sun
Sun's Incubation Platform: Helping Startups Serve the Enterprise
POWER PANELS:
Cloud Computing & Enterprise IT: Cost & Operational Benefits
How and Why is a Flexible IT Infrastructure the Key To the Future?
Click For 2008 West
Event Webcasts
United Hunter Oil & Gas Corp. Announces Filing Petition for Writ of Mandate; To seek just compensation from the County of San Luis Obispo, California

CALGARY, ALBERTA -- (Marketwire) -- 11/19/12 -- United Hunter Oil & Gas Corp. (TSX VENTURE:UHO) ("UHO").

United Hunter Oil & Gas Corp., by and through Excelaron, LLC, and its partners, has filed a Petition for writ of Mandate; Complaint Inverse Condemnation and Damages action against the County of San Luis Obispo. United Hunter Oil & Gas Corp. (the "Corporation"), has a 65% interest in Excelaron, LLC. Excelaron, LLC, is seeking to recover just compensation for the value of its mineral estate from the County, as well as reasonable attorney's fees, expenses, and costs of suit.

The bases of the suit are;


1.  The County, by and through its Planning Commission and Board of
    Supervisors, abused its discretion when it denied the Excelaron Project.
    Specifically, the County failed to proceed in the manner prescribed by
    its own laws and ordinances when it applied new and unwritten standards
    to the Project, when it interpreted its laws and ordinances in a way
    that precluded approval of the Project, and when it refused to consider
    any Project alternatives pursuant to CEQA. 
2.  The County further abused its discretion because its decision was not
    supported by the findings it adopted, and the findings were not
    supported by substantial evidence in the record. 
3.  The County's actions have effected a regulatory taking of Excelaron's
    and other mineral right holder's property (the "Petitioner") and the
    County has further failed to proceed in a manner prescribed by law
    because it has not paid just compensation to the Petitioner for the
    taking. 
4.  The County will not approve any oil development in the Huasna Area.
    Accordingly, the Petitioner has been prevented from accessing or
    utilizing its mineral estates, which, as separate and legally-distinct
    property interests under the law, have been deprived of all economic
    value. 
5.  Petitioner's mineral interests are part of a State of California
    Division of Oil, Gas & Geothermal Resources (DOGGR) designated oil
    field, which is believed to encompass an area of approximately 720 acres
    in size and 208,000,000 barrels of oil. At current price of $100 per
    barrel of oil, this amounts to a gross value of $20.8 billion worth of
    oil in the reservoir. Approximately 30% of the reservoir is recoverable
    using the best available, practicable technology, which would value the
    recoverable oil at approximately $6.24 billion. The Excelaron Project,
    if approved, would have produced up to 1,000 barrels of oil per day from
    this reservoir, or approximately $100,000 worth of oil each day for a
    substantial portion of the life of the project. 

United Hunter Oil & Gas Corp. (www.unitedhunteroil.com) is a Canadian based corporation with management very experienced in the oil and gas industry and has projects in California and Canada. United Hunter Oil & Gas Corp. is publicly traded on TSX Venture Exchange (TSX VENTURE:UHO). The Corporation's public filings may be found at www.sedar.com.

Certain statements contained in this press release constitute "forward-looking statements" as such term is used in applicable Canadian and US securities laws. These statements relate to analyses and other information that are based upon forecasts of future results, estimates of amounts not yet determinable and assumptions of management.

Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or are not statements of historical fact and should be viewed as "forward-looking statements". Such forward looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Corporation to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such risks and other factors include, among others, costs and timing of exploration and production development, availability of capital to fund exploration and production development; political, social and other risks inherent in carrying on business in a foreign jurisdiction, the effects of a recessionary economy and such other business risks as discussed herein and other publicly filed disclosure documents. Although the Corporation has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate as actual results and future events could vary or differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements contained in this news release.

Forward-looking statements are made based on management's beliefs, estimates and opinions on the date the statements are made and the Corporation undertakes no obligation to update forward-looking statements and if these beliefs, estimates and opinions or other circumstances should change, except as required by applicable law.

This news release contains forward-looking statements based on assumptions, uncertainties and management's best estimates of future events. When used herein, words such as "intended" and similar expressions are intended to identify forward-looking statements. Forward-looking statements are based on assumptions by and information available to the Corporation. Investors are cautioned that such forward-looking statements involve risks and uncertainties. Actual results may differ materially from those currently anticipated. The forward-looking statements contained herein are expressly qualified by this cautionary statement.

The TSX.V Venture Exchange does not accept responsibility for the adequacy or accuracy of this release. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contacts:
United Hunter Oil & Gas Corp.
Dr. Arthur Halleran
CEO
(403) 667-4941
ahalleran@unitedhunteroil.com
www.unitedhunteroil.com

About Marketwired .
Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

Latest Cloud Developer Stories
Cloud and Big Data present unique dilemmas: embracing the benefits of these new technologies while maintaining the security of your organization's assets. When an outside party owns, controls and manages your infrastructure and computational resources, how can you be assured that...
Technology is enabling a new approach to collecting and using data. This approach, commonly referred to as the “Internet of Things” (IoT), enables businesses to use real-time data from all sorts of things including machines, devices and sensors to make better decisions, improve c...
Rackspace® on Tuesday announced new features to its DevOps Automation Service including Windows Support and expanded environment stack support. Rackspace also launched a new DevOps Advisory Service for broader DevOps transformation engagements. Available in the U.S. and UK, enhan...
Founded in 2011, ElasticBox’s goal is to make it as easy as possible to develop, deploy, and manage applications for any cloud infrastructure. ElasticBox is pioneering a simplified, modular, service-based application development process, where fully configured components of an ap...
Jérôme is a senior engineer at Docker, where he rotates between Ops, Support and Evangelist duties and has earned the nickname of “master Yoda”. In a previous life he built and operated large scale Xen hosting back when EC2 was just the name of a plane, supervized the deployment ...
Subscribe to the World's Most Powerful Newsletters
Subscribe to Our Rss Feeds & Get Your SYS-CON News Live!
Click to Add our RSS Feeds to the Service of Your Choice:
Google Reader or Homepage Add to My Yahoo! Subscribe with Bloglines Subscribe in NewsGator Online
myFeedster Add to My AOL Subscribe in Rojo Add 'Hugg' to Newsburst from CNET News.com Kinja Digest View Additional SYS-CON Feeds
Publish Your Article! Please send it to editorial(at)sys-con.com!

Advertise on this site! Contact advertising(at)sys-con.com! 201 802-3021



SYS-CON Featured Whitepapers
ADS BY GOOGLE

Breaking Cloud Computing News

Citrix today announced new releases of XenApp and XenDesktop, extending its market ...