Bridge Resources Corp. Completes Acquisition of 50% Interest in Boise Basin Project

Bridge Resources Corp. through its wholly-owned subsidiary Bridge Energy Inc. has completed the acquisition (the “Acquisition”) of the assets of Bridge Energy LLC (the “Vendor”) which comprise a 50% working interest in approximately 100,000 acres located in the Boise Basin of Idaho and Oregon and offers a large number of oil and gas prospects (the “Boise Basin Project”).... 

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LDH Energy Purchases West Virginia Coal Dock

Louis Dreyfus Highbridge Energy LLC (LDH Energy), announced today that one of its operating subsidiaries, LDH Energy Cyrus River Terminal LLC, has purchased the Big Sandy River Dock – a coal facility in Kenova, West Virginia – from Kanawha River Terminals LLC. “This facility will provide LDH Energy with a merchant platform to connect coal consumers with coal producers throughout the Midwest... 

Cheniere Closes $250MM from GSO Capital Partners

Cheniere Energy, Inc. announced that funds led by GSO Capital Partners LP and its affiliates have closed a $250 million senior secured convertible loan agreement with Cheniere Common Units Holding LLC, a subsidiary of Cheniere Energy, Inc. Proceeds will be used to repay the $95 million bridge loan obtained in May 2008, fund a reserve account for payments under Cheniere Marketing, Inc.’s Terminal... 

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Universal Stainless Announces Tool Steel Base Price Increase

Universal Stainless & Alloy Products, Inc. today announced base price increases of 5% to 7% on all tool steel products manufactured at its Bridgeville and Dunkirk facilities. The increase will be effective with all new orders entered on July 1, 2008. Current material and energy surcharges will remain in effect. Chris Zimmer, Vice President of Sales and Marketing, commented, “The price adjustment...