ABC Funding, Inc. Closes Acquisition of Voyager Gas Corporation for $42.0 Million

ABC Funding, Inc. announced that it closed its acquisition of all of the outstanding capital stock of Voyager Gas Corporation, for cash consideration of $35.0 million plus 10,000 newly issued shares of ABC’s Series D Preferred Stock, having an agreed upon value of $7.0 million. Upon the effectiveness of an amendment to the Company’s Certificate of Incorporation increasing the number of shares of... 

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Tidelands Oil & Gas Update on Sonterra Energy

Tidelands Oil & Gas Corporation , a midstream natural gas project development, natural gas pipeline, and NGL distribution company, today said it is updating shareholders and potential investors about the progress and achievements of its Sonterra Energy subsidiary. “Sonterra Energy continues to see solid improvement year over year across all segments of its operations. During 2006, it continued... 

BLM proposes clustering, staging drilling on Roan Plateau near Rifle

Aiming to balance development and wildlife on the scenic Roan Plateau in western Colorado, the Bureau of Land Management on Thursday proposed restrictions to oil and gas drilling but didn’t agree to make the top of the plateau off limits. The rugged plateau about 150 miles west of Denver has some of the country’s richest natural gas reserves, and also is home to elk, deer, mountain lions,... 

Roan plan cuts drilling area

Less than half the area on top of and below the Roan Plateau would be opened to natural gas drilling, according to a management plan released Thursday. The remainder would see protections designed to preserve wildlife, views and rare plants. With the western flank of the Roan Plateau in view, Bureau of Land Management officials unveiled a compromise plan that seeks to balance competing visions for... 

Government proposes new energy routes

The federal government on Friday released a map of proposed Western energy corridors where new electricity transmission lines and pipelines for natural gas, oil and hydrogen could one day ferry energy from wells or power plants to the region’s cities. The corridors cross 11 states and cover thousands of miles, stretching from Washington to Wyoming and Montana to California. The West has seen... 

Federal government releases map of proposed Western energy corridors

The federal government on Friday released a map of proposed Western energy corridors where new electricity transmission lines and pipelines for natural gas, oil and hydrogen could one day ferry energy from wells or power plants to the region’s cities. The corridors cross 11 states and cover thousands of miles, stretching from Washington to Wyoming and Montana to California. The West has seen...