Recent Market Gains of IVANHOE ENERGY INC (NasdaqCM:IVAN) Provide Basis For CFC’s China Business Watch To Increase Stocks’ SAQ Rating Rating As Reported at CFC Website
June 28, 2007 (Press Release) --
CHINA FINANCE CENTRE, the New York based multimedia and trade exposition center expanding business ties between China and the United States, has announced that it has increased its SAQ Rating of IVANHOE ENERGY INC (NasdaqCM:IVAN)) . The SAQ Ratings are set by editors of China Business Watch, the CFC publication that regularly performance of China based companies.
IVANHOE ENERGY reported yesterday that the company has successfully completed its key Athabasca bitumen test run at Ivanhoe Energy’s Commercial Demonstration Facility (CDF) in California using its proprietary heavy oil upgrading technology (HTL(TM)). This run represents the culmination of the CDF testing program carried out over the last two years.
Ivanhoe Energy is an independent international heavy oil development and production company focused on pursuing long-term growth in its reserves and production using advanced technologies, including its proprietary heavy oil upgrading process (HTL(TM)). Core operations are in the United States and China, with business development opportunities worldwide.
Ivanhoe Energy trades on the NASDAQ Capital Market with the ticker symbol IVAN and on the Toronto Stock Exchange with the symbol IE.
The Statistical Analysis Quotient Rating (SAQ) Service is an exclusive feature of China Finance Centre that monitors the performance of over 300 stocks of companies with operations in China. The SAQ Report tracks and rates the stocks against a matrix of comparative performance factors, including fundamentals, technical analysis, liquidity, safety, regulatory compliance and timely filings, shareholder relations, and U.S. Trading Market Qualifications. The SAQ rates company performance on a 1-10 scale. SAQ Ratings are published weekly in China Business Watch and updated daily in CBW Daily Ratings Alert service. The ratings and publications can be found at the CFC Web Portal- www.chinafc.net.
IVANHOE ENERGY reported yesterday that the company has successfully completed its key Athabasca bitumen test run at Ivanhoe Energy’s Commercial Demonstration Facility (CDF) in California using its proprietary heavy oil upgrading technology (HTL(TM)). This run represents the culmination of the CDF testing program carried out over the last two years.
Ivanhoe Energy is an independent international heavy oil development and production company focused on pursuing long-term growth in its reserves and production using advanced technologies, including its proprietary heavy oil upgrading process (HTL(TM)). Core operations are in the United States and China, with business development opportunities worldwide.
Ivanhoe Energy trades on the NASDAQ Capital Market with the ticker symbol IVAN and on the Toronto Stock Exchange with the symbol IE.
The Statistical Analysis Quotient Rating (SAQ) Service is an exclusive feature of China Finance Centre that monitors the performance of over 300 stocks of companies with operations in China. The SAQ Report tracks and rates the stocks against a matrix of comparative performance factors, including fundamentals, technical analysis, liquidity, safety, regulatory compliance and timely filings, shareholder relations, and U.S. Trading Market Qualifications. The SAQ rates company performance on a 1-10 scale. SAQ Ratings are published weekly in China Business Watch and updated daily in CBW Daily Ratings Alert service. The ratings and publications can be found at the CFC Web Portal- www.chinafc.net.
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