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    Clear Channel and Fleetwood Mac Signed Landmark Revenue-Sharing Agreement (OTCMKTS:CCMO, OTCQX:TEXQY, ASX:TEX)

    June 19 Jun 2013 | 11:02
     

    crwenews

    ccmo

    Clear Channel Media & Entertainment (CCMO)

    Today, CCMO surged (+0.82%) up +0.05 at $6.15 with 8,240 shares in movement thus far (ref. google finance Delayed: 10:27AM EDT June 19, 2013).

    Clear Channel Media & Entertainment and Fleetwood Mac previously reported a landmark agreement – the first direct performing rights partnership between a radio company and an artist – that will enable the group to receive revenue from airplay on Clear Channel’s digital and broadcast radio platforms. The group’s new EP, Extended Play, features the first recording of new Fleetwood Mac music since the release of “Say You Will” over a decade ago.

    “Fleetwood Mac has consistently pushed the envelope – creating new sounds, making music that seems designed for radio and looking at the industry in new ways,” said Irving Azoff of Azoff Music Management, a representative of the band. “It’s fitting that a group that’s played such an integral role in radio and music history would be the first band to take such a major step — helping the music industry create a sustainable digital marketplace so it can thrive for decades to come. We’re delighted to join Clear Channel in creating a new model for the music industry, one that will be good for performing artists, good for music fans, and good for the people who have invested their talent, time and money.”

    Take a look at Clear Channel Media & Entertainment (CCMO) 5 day chart:

    ccmochart

    For more information please visit Clear Channel Media & Entertainment (OTCMKTS:CCMO) at www.clearchannel.com

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    texqy

    Target Energy Limited (TEXQY) (TEX)

    Target Energy Limited (OTCQX:TEXQY, ASX:TEX) (http://targetenergy.com.au/) is an oil and gas exploration and production company listed on the Australian Securities Exchange and trading under ticker “TEX” and OTC Markets trading under ticker “TEXQY”.

    Today (June 19), Target Energy Limited ticker (OTCQX:TEXQY)  has remained (0.00%) +0.000 at $7.90 thus far (ref. google finance Delayed: 3:45PM EDT June 19, 2013), and Target Energy Limited on the Australian Securities Exchange ticker (ASX:TEX) remained (0.00%) +0.000 at $.065 (ref. google finance June 17, 2013 – Close).

    Target Energy Limited previously reported that the company is continuing drilling operations at the Pine Pasture #3 oil well on their East Chalkey Oil Field in Parish, Louisiana. The Company had independent studies which indicated that put upside recoverable reserves for Pine Pasture #3 range between 250,000 and 450,000 barrels of oil. In addition, the report also revealed that the East Chalkey Field has an upside estimate of 4 million barrels of oil.

    texqyvideo

    To view Target Energy Limited video click link http://crwetube.com/media/target-energy-ltds-managing-director-laurence-roe .

    Keep in mind, Target Energy Limited production increased by +320% in 2013 following successful Permian Basin drilling campaign. In April, the Company was generating in excess of $400,000 per month in net sales revenue. The Company’s ongoing 2013 drilling programs in Permian Basin and Louisiana are likely to add significantly to their production and reserves.

    Now take a look at Target Energy Limited (TEXQY) 5 day chart:

    texqychart

    On the International OTCQX Target Energy ticker (TEXQY) is going for $7.90. Now what makes (TEXQY) convenient in my opinion is that this is a ADR. For those that dont know a ADR means “American Depositary Receipt”. From my understanding, these Target Energy Limited american depositary receipt’s on the OTC are bundles of 100 shares of common stock.  Also, don’t forget you can also go to the Australian Securities Exchange for Target Energy ticker (ASX:TEX) which is at a convenient price of $.065. Now at a price of $.065 Target Energy Limited would be considered to have experienced a (+116.6%) gain if compared to the 52 week low of $.03

    In my opinion I would keep a eye on Target Energy Limited tickers (ASX:TEX) (OTCQX:TEXQY). This Company has produced great profit and has the ability to ramp up production anytime from now. Stay tuned!

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