Obsidian Energy maintained strong operational and financial results in the second quarter and continued to focus on its high-quality, light oil
Cardium asset.
As Angionetics advances forward with its plan to operate as a company independent of Taxus
Cardium, it will focus on the clinical and commercial development of angiogenic, gene- based bio-therapeutics for the treatment of up to an estimated 1.8m patients in the US who have late-stage coronary artery disease and refractory angina, as well as other medical conditions due to myocardial ischemia.
The Pembina asset sale reportedly consists of
Cardium oil weighted production of approximately 930 boe/d and formation rights in the
Cardium only.
Taxus
Cardium's Excellagen product, which has been cleared by the FDA for the treatment of chronic non-healing dermal wounds, has previously been shown to be capable of stimulating the rapid regeneration of granulation tissue, and to provide a matrix capable of supporting the viability of cells and other biologies.
"Our acquisition of To Go Brands is focused on building
Cardium's MedPodium in-house brand platform and health sciences business," stated Christopher Reinhard, CEO of
Cardium.
Cardium Therapeutics (NYSE Amex: CXM), San Diego, has reported highlights and financial results for its fourth quarter and fiscal year ended December 31, 2008, and other important recent developments and outlook for 2009.
Cardium Therapeutics (NYSE Alternext US: CXM), and its operating unit InnerCool Therapies have announced the launch of InnerCool's newly redesigned website at http:// www.innercool.com.
Cardium Therapeutics (OTCBB:CDTP), San Diego, Calif., and its subsidiary InnerCool Therapies have enrolled the first patient in the RAPID MI-ICE study at Lund University Hospital in Sweden.
Watters (1997a) partially confirmed Faussek's results by metamorphosing the pocketbook Lampsilis
cardium on Ambystoma tigrinum ssp.
Invested $25.9 million in the quarter, with 61% directed to drill, complete and equip five (5.0 net) Viking oil wells, as well as complete and bring on production 18 (17.7 net) Viking oil wells and two (2.0 net)
Cardium oil wells that were drilled in late Q1/19.
Obsidian Energy intends to use the proceeds of any such asset sales to accelerate growth in the company's prime
Cardium assets, pay down debt and return capital to shareholders through the implementation of a Normal Course Issuer Bid.