Purchase of Electro-Trac™ EM Technology completed by Sharewell LP

HOUSTON, Texas (CitizenWire) — Sharewell L.P. is pleased to announce that it has completed the purchase of the patented, proprietary EM MWD technology jointly developed pursuant to an exclusive license agreement between E-Spectrum Technologies and Sharewell L.P. This unique technology was initially developed by E-Spectrum in cooperation with the Department of Energy (DOE) as part of a “Deep Trek” initiative to foster new technologies to facilitate exploration for deep natural gas resources.
Mark West, Sharewell’s President, stated that, “Due to the rapid commercial success and increasing demand for the technology, we are very pleased to be in a position to purchase the technology well before the end of the option term, a full year ahead of schedule. With the purchase of the technology Sharewell receives an assignment of the Licensed Patent, the technology and all ownership rights therein.”
With over 15,000 operating hours in multiple basins of N. America, Sharewell’s patented EM system is capable of identifying, transmitting and decoding very weak signals. The technology successfully operates at greater depths than other EM systems and in formations not favorable to EM wave propagation. Sharewell believes these capabilities distinguish the Electro-Trac™ EM technology from other EM systems currently in use.
Sharewell’s EM technology saves the operator time and money by transmitting data faster than mud-pulse and by providing continuous transmission even while making connections. Unlike traditional mud pulse MWD transmission systems, EM technology does not rely on drilling fluids to transmit pressure pulses to the surface. Because EM systems have no moving parts or fluid restrictions, they are more reliable than conventional mud pulse tools.
Sharewell L.P. is a privately held service and technology company providing premium directional drilling products, services and technology to the oil and gas and pipeline and utility industries worldwide.
For more information on the Company or to learn more about the Company’s EM technology please contact Mark West or Greg Turner at 713-983-9818.

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Nobel Medicine Prize ushers in week of awards

The Nobel Medicine Prize winner will be named Monday, kicking off a week of prestigious award announcements including the two that are most watched, Literature and Peace.
Speculation is as always rife for those honours, to be announced on Thursday and Friday respectively, with many predicting a poet will grab the literature award, and some saying a Chinese dissident will follow last year's jaw-dropping surprise pick of US President Barack Obama for the Peace Prize.
First up though is the Medicine Prize, with the laureate to be revealed on Monday around 11:30 am (0930 GMT) by the Nobel jury at Stockholm's Karolinska Institute.
The award committees for the various prizes never reveal the nominees, leaving the door wide open for frenzied speculation in the weeks prior to the announcements.
One name that has circulated among observers for the Medicine Prize is Austrian-born American chemist Carl Djerassi, one of the inventors of the female contraceptive pill, which this year is celebrating its 50th year on the market.
The announcement of the Physics Prize laureates will be made on Tuesday, with Spanish physicist Juan Ignacio Cirac Sasturain and his Austrian colleague Peter Zoller standing out from the pre-Nobel buzz for their work on quantum computers, the megacomputers of the future.
The Chemistry Prize will follow on Wednesday, with Swiss photochemist Michael Graetzel figuring among the believed front-runners for his discovery of a new type of solar cell made of low-cost materials and easy to manufacture.
The winner of the Literature Prize will be disclosed on Thursday, and literary circles have suggested it could go to a poet for the first time since 1996.
A woman writer from Africa is also seen as a good bet, sparking speculation that Algerian poet Assia Djebar could win.
Other usual suspects in poetry include Tomas Transtroemer of Sweden, Syria's Adonis and South Korea's Ko Un.
Each year, Canadian authors Margaret Atwood and Alice Munro, US novelists Philip Roth and Joyce Carol Oates and Israel's Amos Oz also figure on the speculators' lists of favourites.
Last year, Germany's Herta Mueller took the honour for her work inspired by life under Nicolae Ceausescu's dictatorship in Romania.
Speculation has been especially rampant around the the Peace Prize, to be revealed on Friday and the only Nobel prize to be announced in Oslo, after Obama's surprise win last year.
The fact that he won the prize after less than a year in office and as the United States was waging wars in both Iraq and Afghanistan sparked wide criticism of the Norwegian Nobel Committee.
Some observers therefore expect a less controversial figure to win this year, but others say the committee could just as easily create another upset by picking a Chinese dissident, which would certainly infuriate Beijing.
Several Chinese dissidents are known to be on the list, but jailed Liu Xiaobo is seen as the most likely choice.
Other possible prize-winners, observers say, include Afghan human rights activist Sima Samar, the Oslo-based Democratic Voice of Burma radio and the Special Court for Sierra Leone.
The Economics Prize will wrap up the Nobel season on Monday, October 11.
This year's laureates will receive 10 million Swedish kronor (1.49 million dollars, 1.09 million euros) which can be split between up to three winners per prize.
The Peace Prize will be handed out in Oslo on December 10, the anniversary of the death of Swedish industrialist Alfred Nobel, who founded the prizes.
Other Nobel laureates will pick up their prizes in Stockholm on the same day.

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Reggae festival leaves Italy for Spain

Abandoning Italy because of what they say are racist government immigration policies, the Italian organisers of a major reggae festival have sought refuge in Spain for this year's edition.
Rototom Sunsplash, one of Europe's biggest music gatherings featuring hundreds of concerts and drawing tens of thousands of people, has been held in Italy for the past 16 years -- until now.
"Like in the Bob Marley song 'Exodus' we have left Babylon behind and we have arrived in our land of promise," said Filippo Giunta, president of the Exodus association that was specially set up to organise this year's festival, which ends on Saturday in the coastal Spanish city of Bencassim.
Giunta hit out at the government of Italian Prime Minister Silvio Berlusconi, whose coalition partner is the anti-immigration Northern League.
The Northern League was an essential ally in Berlusconi's return to power in 2008, campaigning on pledges of cracking down on illegal immigration and crime, often linking the two.
Italy has faced criticism from the UN Refugee Agency and rights groups in recent months for allegedly pushing boatloads of migrants back to Libyan shores where they face the risk of mistreatment.
"We were afraid we would no longer be able to offer a peaceful atmosphere," Giunta said.
"In the last two years, the (Italian) police were very hard on foreigners, especially black people. In Italy, we are breathing in the air of intolerance, the government follows very racist politics," he added.
The week-long festival has drawn headline acts Alpha Bondy, Morcheeba and Big Youth and Rai singer Khaled -- testament to the eclectic nature of the festival.
Giunta said Spain was an ideal choice of venue as it was "the most free country in Europe, one that pays the greatest attention to individual liberties."
"It's a festival that wants to feel welcome and connected to its location, like a tree that needs its roots," he added.
Some 300 concerts take place over eight days, plus cultural debates and activities including dance classes, juggling courses and massages.
Festival-goers pay 25 euros (32 dollars) a day or 20 euros for passes and organisers hope that this year's turn-out will at least match the 15,000 people who attended last year.
Returning to Italy is not off the table -- but only with a change of government, say organisers.
"I hope some (change) will happen, beyond Rototom which can very well take place anywhere," said Bunna, singer of Italian reggae group Africa Unite, a longtime performer at the festival.

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Activist arrests blot U2's first Russia concert

Irish super group U2's first Russia concert was marred Thursday after police detained rights campaigners at the jam-packed venue and tore down tents to prevent them gathering signatures for petitions.
Some 75,000 fans flocked to Wednesday evening's showpiece in a Moscow stadium which came the day after U2 front man Bono held talks with rock-loving President Dmitry Medvedev on issues including preventing the spread of polio and HIV.
Bono praised Medvedev as "gracious" in front of the crowd but also as a finale invited Russian rock star Yury Shevchuk -- famous for his outbursts against the Kremlin -- to the stage for a duet.
Police not only forced out activists handing out leaflets and gathering signatures but also U2's own charity fund, the ONE Campaign against AIDS, activists said on Thursday.
"The tents of Amnesty International, Greenpeace and the ONE foundation were removed by police and we were not allowed to collect signatures and to talk to people," Greenpeace Russian director Ivan Blokov said.
"Our activities were agreed with U2's management, so we are very much surprised," he told AFP.
Moscow police however said the concert was not the moment to mix music and politics. "All of that held the unquestionable trappings of an unsanctioned picket," the Interfax news agency quoted a police spokesman as saying.
Amnesty International's Russia head told AFP that five of the rights watchdog's activists were detained ahead of Wednesday's concert.
"It is sad that in Russia -- which is considered a civilised country -- the collection of petition signatures so worries the authorities," Sergei Nikitin said.
"You get the impression that the authorities are afraid of their own citizens."
He protested that Amnesty had carried out similar awareness work with U2's encouragement throughout the band's European tour and that two of its activists had in fact travelled with U2 from the United States.
"I don't know if Bono knows about what happened to us," he said. He noted that the front man was one of the organisation's chief activists.
"It was a typical publicity event, which this organisation has carried out in every city where U2 has performed," he said.
For the show's finale, Bono invited Soviet-era rock star turned anti-Kremlin activist Shevchuk onstage for a rendition of the Bob Dylan classic "Knockin' on Heaven's Door", hailing the veteran Russian singer as a "great man."
"What a time we've had in this extraordinary city of yours," Bono was quoted on U2's website as saying during the concert. "An amazing singer, Yury Shevchuk, is with us tonight. What a great man!"
Prominent Russian rock critic Artemi Troitsky told the RIA Novosti news agency that the idea of the duet had been agreed an hour before concert, with the monolingual Shevchuk helped by a crib sheet of the song's lyrics.
"It was quite a task for Yury, given that he does not know English well and he has never had to sing in English," he said.
Shevchuk on Sunday had appeared in front of some 2,000 people for a banned concert in central Moscow protesting plans to build a motorway through a forest, when he was forced by the security forces to sing without any amplification.
To the fury of activists, leading rights campaigner and Kremlin critic Lev Ponomaryov was jailed for three days by a Russian court Wednesday for taking part in Sunday's demonstration.
The 68-year-old activist's daughter told Interfax on Thursday that doctors were worried over Ponomaryov's health in detention as the veteran campaigner suffered from high blood pressure.

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Israeli orchestra to play at German Wagner festival

The Israel Chamber Orchestra is to play at Germany's prestigious Bayreuth festival of Wagnerian music, in a rare breach of an Israeli taboo against performing the rabidly anti-Semitic composer's work.
"The orchestra will play at the opening of the festival," Erella Talmi, the chairwoman of the orchestra's board of directors, told Israeli army radio on Tuesday.
She said the decision to take part next summer was the result of an invitation from Wagner's great-granddaughter, Katerina Wagner to the Israeli ensemble's musical director, Austrian conductor Roberto Paternostro.
She said that Wagner was trying to shake up the event, traditionally attended by what she called an "elitist" audience.
"The decision was not to break a taboo," Talmi added. "The decision was to accept an invitation that showed a new openness."
Since the the Nazi Holocaust, musicians in what is now Israel have largely honoured an unwritten ban on playing Wagner, Adolf Hitler's favourite composer.
Many Israelis are Holocaust survivors and find the associations provoked by the music distressing.
In 1991 Israeli composer Daniel Barenboim led the Berlin State Opera in a performance of an excerpt from "Tristan und Isolde" in Tel Aviv, prompting catcalls and a walkout by several members of the audience.
Talmi said she respected the ban on performances in Israel but said playing abroad was different.
"As long as there are those among us who are so sensitive I also oppose playing Wagner (here), today, " she said. "But I think one can make a distinction between (that and) playing there, not for the ears of the vulnerable audience in this country."

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