Alexander's Inc V.ALX

Primary Symbol: ALX

Alexander's, Inc. is a real estate investment trust (REIT). The Company is engaged in leasing, managing, developing and redeveloping its properties. It is managed by, and its properties are leased and developed by, Vornado Realty Trust (Vornado). It has five properties in New York City consisting of 731 Lexington Avenue, a 1,079,000 square foot multi-use building comprising the entire block bounded by Lexington Avenue, East 59th Street, Third Avenue and East 58th Street in Manhattan; Rego Park I, a 338,000 square foot shopping center, is located on Queens Boulevard and 63rd Road in Queens; Rego Park II, a 616,000 square foot shopping center, is located adjacent to the Rego Park I shopping center in Queens; Flushing, a 167,000 square foot building, located on Roosevelt Avenue and Main Street in Queens, and The Alexander apartment tower, located above its Rego Park II shopping center, contains 312 units aggregating 255,000 square feet.

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Alexander's Inc

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Post by Flipper12on Jan 14, 2013 11:50pm

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Post# 20837923

Dec 2012 exit production 929 BOE/day

Alexander Energy Ltd. Announces 2012 Exit Production and ERCB Approval of Special Maximum Rate Limitation Extension for Detrital Oil Pool

CALGARY, ALBERTA--(Marketwire - Jan. 14, 2013) - Alexander Energy Ltd. (TSX VENTURE:ALX) ("Alexander" or the "Company") announces that December 2012 exit production averaged 929 BOE/day (48% oil) an increase of 263 BOE/day or 30% over average Q3 2012 production.

In addition, the Energy Resources and Conservation Board has approved the extension of the Special Maximum Rate Limitation of 20 m3/day (125 Bbls/day) per well in the Detrital pool until February 28, 2014. This extension ensures that the Company's six Detrital oil wells can continue producing at their maximum rates up to 20 m3/day of oil.

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