Press Releases

CALGARY, ALBERTA--(Marketwire - Nov. 11, 2009) - Culane Energy Corp. ("Culane" or the "Company") (TSX VENTURE: CLN) is pleased to announce that it has received regulatory approvals for four water flood applications submitted by Culane for its Killam project, in the first and second quarters of 2009. As previously announced by Culane, the regulator releases water flood approvals without any advance notice to the operator. This being the case, Culane commenced development of its water injection facilities as of mid July. After the lease preparation, pipeline surveying and all major equipment was procured, the water injection facility and pipeline construction had commenced on August 24th. By the end of September, the Killam water flood injection facility construction was completed.

With the completion of the water injection facilities and government approval of its water flood applications, Culane intends to increase water injection rates from approximately 1,250 up to 6,000 barrels per day essentially recharging the reservoir by increasing the reservoir pressure and subsequently reversing the oil production decline that occurred during the primary production phase of the reservoir. This will be achieved through a combination of vertical well injectors and converted horizontal wells. When Culane has replaced sufficient reservoir voidage and a clear increase in reservoir pressure and well fluid levels is observed, Culane intends to introduce surfactant polymer to the water flood. Existing pool analogies indicate that the addition of surfactant polymer has the potential to increase the oil recovery factor to in excess of 40%. The "Discovered Petroleum Initially-in-place" at Killam net to Culane's interest is estimated at approximately 42 million barrels of 24 API oil.

Culane views the Killam project as a solid low risk growing production base that along with rising oil prices will not only fund, but accelerate the next stage of growth for the Company. In January of 2009, Culane commenced an active full cycle oil exploration initiative in Western Canada. Culane previously announced completion of a flow through financing of $3 million at $ 2.15/share. The proceeds of this financing will be used to fund Culane's new oil exploration initiative. Horizontal drilling locations have been selected, initial surface approvals have been acquired, and surveying is beginning with well licensing to follow. Culane anticipates it will begin drilling its new core area by early January.

Culane is an oil weighted company (72% oil, 28% natural gas), and because of this fact and in spite of the economic downturn over the past year, Culane has been able to take advantage of its stock buy back plan by purchasing and returning to treasury 723,500 common shares at an average price of $0.99 per share, construct its water injection facilities at Killam, and increase its land holdings in new oil prone areas, while at the same time continually reducing its debt. As of today's date, Culane's debt is approximately $12 million. Culane currently has approximately 24.5 million common shares outstanding.

About Culane Energy Corp.

Culane is a junior oil and gas company engaged in the exploration, development and production of oil and natural gas in Western Canada.

FORWARD-LOOKING STATEMENTS

This press release contains forward-looking statements. More particularly, this press release contains statements concerning anticipated results from the Company water flood program, oil recoverability, and anticipated exploration activities. The forward-looking statements contained in this document are based on certain key expectations and assumptions made by Culane. Although Culane believes that the expectations and assumptions on which the forward-looking statements are based are reasonable, undue reliance should not be placed on the forward-looking statements because Culane can give no assurance that they will prove to be correct. Since forward-looking statements address future events and conditions, by their very nature they involve inherent risks and uncertainties. Actual results could differ materially from those currently anticipated due to a number of factors and risks. These include, but are not limited to, the failure to obtain necessary regulatory approvals, risks associated with the oil and gas industry in general (e.g., operational risks in development, exploration and production; delays or changes in plans with respect to exploration or development projects or capital expenditures; the uncertainty of reserve estimates; the uncertainty of estimates and projections relating to production, costs and expenses, and health, safety and environmental risks), commodity price and exchange rate fluctuations and uncertainties resulting from potential delays or changes in plans with respect to exploration or development projects or capital expenditures. Certain of these risks are set out in more detail in Culane' Annual Information Form which has been filed on SEDAR and can be accessed at www.sedar.com.

The forward-looking statements contained in this document are made as of the date hereof and Culane undertakes no obligation to update publicly or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws.

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

FOR FURTHER INFORMATION PLEASE CONTACT:
        Culane Energy Corp.
        Donald D. Staus
        President and Chief Executive Officer
        (403) 263-2773
        Fax: (403) 263-2776 (FAX)
        dstaus@culaneenergycorp.com

        Culane Energy Corp.
        Stewart Larsen
        Vice President of Finance and Chief Financial Officer
        (403) 263-2773
        Fax: (403) 263-2776 (FAX)
        slarsen@culaneenergycorp.com

        Culane Energy Corp.
        Thomas H. Field
        Vice President, Engineering and Operations
        (403) 263-2773
        Fax: (403) 263-2776 (FAX)
        tfield@culaneenergycorp.com

        Culane Energy Corp.
        420, 333 - 5th Avenue S.W.
        Calgary, Alberta T2P 3B6
        www.culaneenergycorp.com

Source: Culane Energy Corp.

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Nov. 11, 2009) - The following issue(s) have been halted today:

Company / Compagnie                 Culane Energy Corp.

TSX V Symbol / Symbole              CLN

Reason / Motif                      Request of company pending news

Halt Time (ET) / Heure de l'Arret   13:35:00 EST

(x) Please note that IIROC is not able to provide any additional information regarding a specific trading halt or resume. Information is limited to general enquiries only.

FOR FURTHER INFORMATION PLEASE CONTACT:
        IIROC Inquiries
        (416) 646-7299
        Fax: (604) 602-6986 (FAX)
        Surveillancewest@iiroc.ca
        www.iiroc.ca

Source: Investment Industry Regulatory Organization of Canada (IIROC)

MIAMI, Nov. 11 /PRNewswire/ -- The economic outlook for most market-oriented Latin American countries is "pretty good" for 2010 and 2011, according to Douglas Smith, Regional Head of Research, Americas, Standard Chartered Bank. One of the reasons for the positive forecast is the expected growth in bilateral trade between Asia and Latin America, given Asia's continuing demand for raw materials, and Latin American developing middle class' needs of manufactured products.

"A natural trade relationship between Asia and Latin America has developed over time and it will widen in the future," added Smith. "We can also expect to see more bilateral free trade agreements between countries from both regions." Smith is one of two panelists - together with David Wyss, Chief Economist at Standard and Poor's, on the panel "What Lies Ahead? The Economic Outlook for America," one of the most anticipated discussions at FELABAN's Annual Assembly to be held in Miami on November 16 and 17.

Smith's optimism about Latin America is not weakened by intraregional tensions such as the rising conflict between Venezuela and Colombia, which he believes is "more noise from Venezuela as an excuse for its weak economy. The market is not worried at the moment." However, he does concede the region has challenges it must confront, including "income inequality, extreme poverty and problems with infrastructure."

Smith, an expert on China, won't be the only one speaking about Asia's - and more specifically China's - growing interest in Latin America. For the first time in its 47- year history, FELABAN's Annual Assembly will host a panel discussion on banking and international trade with representatives from three of leading Chinese banks: Bank of China, Agricultural Bank of China, and China Construction Bank.

"Asia has become increasingly important to Latin America. A decade ago exports to Asia accounted for only 5 percent of total Latin exports. That has jumped to 10 percent today, and further integration seems likely in the years ahead, especially with most Asian economies in clear recovery mode at present," said John Rodriguez, president of the Florida International Bankers Association (FIBA), the Assembly's organizer.

More information:

www.asambleamiami.com

SOURCE FELABAN

SUN VALLEY, CA -- (MARKET WIRE) -- 11/11/09 -- VoIP-PAL.com, Inc. (PINKSHEETS: VPLM), a broadband VoIP telecom company, today announced the expansion of its Product Development Division to fast track the launch of its first reseller program, www.PointsPhone.com. In addition, they will build the reseller websites and backend for www.loyaltyphone.com and www.rewardsphone.com, all of which will be "powered by VoIP-PAL" and will include VoIP-PAL's new Mobil VoIP service to be offered at launch.

"Customers, through their purchase of a product from www.voip-pal.com, can experience cost-effective communications, without the necessity of additional hardware or equipment," said Dennis Chang, President and Officer. In addition, Chang said, "VoIP-PAL management continues to take actions to achieve its goals, providing state-of-the-art communication services that will enable local, North American and international capabilities and dedicated social networking."

VoIP-PAL anticipates a quick implementation of its platforms, and will be announcing several new programs during 2009.

Mr. Chang further commented, "This is an exciting time for VoIP-PAL, as we are now moving the company to the next level of distribution with a Reseller program, and by launching our new iPhone and iPod compatible Mobil VoIP service, we will be current with the demands of consumers in our market niche."

Richard G. Kipping has resigned his positions with VoIP-PAL.com due to health reasons, and welcomes Dennis Chang to the new positions of President and Officer. With his guidance, the VoIP-PAL RESELLER program will be successful.

About VoIP-PAL.com, Inc.

VoIP-PAL.com, Inc. is a broadband VoIP telecom company offering local and long distance VoIP services to consumers and business owners. The company offers turnkey solutions for its Partners for the Loyalty Transactional platform. For more information, please contact Dennis Chang at (818.627.0911) or dtchang@voip-pal.com or visit us at http://www.voip-pal.com.

All statements contained in this news release, other than those identifying historical facts, constitute "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934 and the Safe Harbor provisions as contained in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements relating to the Company's future expectations, including but not limited to revenues and earnings, technology efficacy, strategies and plans, are subject to safe harbors protection. Actual Company results and performance may be materially different from any future results, performance, strategies, plans, or achievements that may be expressed or implied by any such forward-looking statements. The Company disclaims any obligation to update or revise any forward-looking statements.

Contact:
Dennis Chang
818.627.0911
dtchang@voip-pal.com
http://www.voip-pal.com

CLEVELAND, Nov. 11 /PRNewswire-FirstCall/ -- NACCO Industries, Inc. (NYSE: NC) today announced that the Board of Directors declared a regular cash dividend of 51.75 cents per share. The dividend is payable on both the Class A and Class B Common Stock, and will be paid December 15, 2009 to stockholders of record at the close of business on December 1, 2009.

SOURCE NACCO Industries, Inc.