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Plant backers open office

Medicine Bow Fuel and Power, a subsidiary of DKRW Advanced Fuels, announced it will open a Wyoming office in Cheyenne.

The company is planning a coal-to-liquids plant near Hanna.

The office, located on Central Avenue, will serve as the company's base of operations in the state.

Healthcare facility garners award

POWELL - The Wyoming Council for Women's Issues will present the 2007 Wyoming Summit Award to Powell Valley Healthcare, a press release states.

The award recognizes businesses that have successfully instituted programs or policies that broaden, strengthen and support their work force.

Storm Cat reports revenue

Storm Cat Energy Corp. reported third quarter sales revenue of {M7$4.2 million, a 91.7 percent increase over the third quarter of 2006.

Storm Cat Energy is an independent oil and gas company that has producing properties in the Powder River Basin, among other places.

Firm offers health coverage

UnitedHealthcare's Golden Rule Insurance Co. has started offering new choices in coverage for individuals and families in Wyoming who buy their own health insurance, according to a press release.

Golden Rule's product portfolio in Wyoming includes health savings account plans, other lower-cost high deductible plans and traditional copay plans, as well as short-term health insurance.

Double Eagle outlines performance

Double Eagle Petroleum Co. of Casper reported revenues of $11,812,000 for the nine months ended Sept. 30, compared to $12,808,000 for the same period last year.

Net loss attributable to common stock for the nine-month period ended Sept. 30 was $5,941,000, or $.65 per share, compared to net income of $1,444,000, or $.17 per share, in the first nine months of 2006.

Wyo loses four rigs

HOUSTON - The number of rigs actively exploring for oil and natural gas in the United States increased by six last week to 1,801.

Of the major oil- and gas-producing states, Texas gained six, Oklahoma gained five and Alaska and Colorado each gained two. Wyoming lost four rigs, California lost three and Louisiana lost two. New Mexico was unchanged.

Of the rigs running nationwide, 1,459 were exploring for natural gas and 337 for oil, Houston-based Baker Hughes Inc. reported Friday. Five were listed as miscellaneous.

A year ago, the U.S. rig count stood at 1,693.

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