SOURCE: IO News Wire

IO News Wire

February 22, 2010 09:15 ET

(OTC: HYBE) Expands Into Producing Properties With Major Acquisition

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

NEW YORK, NY--(Marketwire - February 22, 2010) - Hybrid Energy Holdings, Inc (PINKSHEETS: HYBE) announced on Friday February 19th, 2010 that they have closed on the acquisition of nine (9) producing properties in Texas.

The state of Texas having well over 60,000 bcf of natural gas reserves is the largest producer of natural gas in the United States. The abundance of natural gas may allow the U.S. to reduce its dependence on overseas energy sources while significantly reducing greenhouse gas emissions. Natural gas produces about half of the carbon dioxide emitted by coal, and about a third less than oil, and is seen as a "bridge" fuel between petroleum and renewable fuels

A recent boom in shale gas development in states including Texas, Wyoming and Pennsylvania has been driven by advances in hydraulic fracturing in which a mixture of water, sand and chemicals are forced underground at pressures sufficiently high to open gas-bearing fissures in the shale, releasing the fuel.

For more information please visit

Other active stocks are Dresser-Rand Group Inc (NYSE: DRC) Piedmont Natural Gas Company (NYSE: PNY) and Clean Coal Tech (PINKSHEETS: CCTC)

Information, opinions and analysis contained herein are based on sources believed to be reliable, but no representation, expressed or implied, is made as to its accuracy, completeness or correctness. The opinions contained herein reflect our current judgment and are subject to change without notice. We accept no liability for any losses arising from an investor's reliance on or use of this report. This report is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. A third party has hired and paid IO News Wire twelve hundred and ninety five dollars for the publication and circulation of this news release. Certain information included herein is forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements concerning manufacturing, marketing, growth, and expansion. Such forward-looking information involves important risks and uncertainties that could affect actual results and cause them to differ materially from expectations expressed herein. We have no ownership of equity, no representation; do no trading of any kind and send no faxes or emails.

Contact Information