SOURCE: IO News Wire

IO News Wire

February 04, 2010 09:15 ET

(OTC: HYBE) Announces Acquisition of Producing Properties

Note to Editor, the Following Is an Investment Opinion Issued by the IO News Wire

NEW YORK, NY--(Marketwire - February 4, 2010) - Hybrid Energy Holdings, Inc. (PINKSHEETS: HYBE) announced yesterday that they have increased the acquisition portfolio by adding almost $200,000,000 in proven reserves.

Natural gas prices for all end users have at least doubled in price since 2001 and are expected to continue along that trend. Increasing price along with recoverable reserve estimates rising by over 33% since 2001 put all profitable shale play companies like Hybrid Energy Holdings in a position to benefit from companies turning to the cleaner, greener natural gas.

Hybrid Energy has also recently purchased Safari Production Inc. a profitable energy company with untapped reserves.

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Other active stocks are Bonanza Oil & Gas (OTCBB: BGOI) Marathon Oil Corp (NYSE: MRO) and Americas Energy Company (OTCBB: AENY)

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