Golden Gate Capital (GGC), a San Francisco-based private equity firm, announced the closing of its acquisition of U.S. Silica Company (USS), the second largest U.S. miner and processor of industrial sand.
U.S. Silica, tracing its origins back to 1900, operates 13 industrial sand and other mineral mines and processing plants in the Midwest and Eastern US. [...]
Chevron Corporation announced that its wholly owned subsidiary, PT. Chevron Pacific Indonesia, has started producing crude oil from the North Duri Field Area 12 in Indonesia, where Chevron produces nearly half the nation’s crude oil.
First oil was achieved on Nov. 14, 2008, and production is projected to increase to 34,000 barrels of crude oil per [...]
Ritchie Bros. Auctioneers gave equipment sellers easy access to the global marketplace last week, attracting bidders from around the world to seven unreserved industrial auctions in four countries - including the largest Spain auction in Company history. The three-day auction at the Company’s Moncofa, Spain auction site generated almost (euro)30 million (US$38 million) in gross [...]
Midway Gold Corp. reports the two vacancies on the board of directors have been filled by the appointment of Daniel Wolfus and Frank Yu as directors. It is with regret that we report that Brian Bayley has resigned as a director, and the board and management of the Company sincerely thank him for his guidance, [...]
Daybreak Oil and Gas, Inc. a Washington Corporation, announce that the Sunday #1 well at the Company’s East Slopes Prospect in the San Joaquin Basin near Bakersfield, California has begun drilling.
The Company and its partners have contracted with Nabors Drilling USA to drill the well.
It is anticipated that the well will take approximately seven days [...]
C. K. Cooper & Company, an independent, full-service investment bank focused on the energy sector and headquartered in Irvine, California, announced today that it has initiated coverage of GMX Resources, Inc..
“GMX Resources is embarking on an aggressive drilling campaign to unlock the value of its legacy acreage in the budding Haynesville Shale gas play of [...]
Tonogold Resources, Inc. announces the sale of its Alaska assets and leasehold interest in the Nyac, Alaska Gold Project to Nyac Gold LLC.
The terms of the sale include cash and future consulting fees valued at approximately $563,420. Also, Tonogold has a retained a one-half percent net smelter royalty.
The Nyac Gold Project consists of 57,600 [...]
C. K. Cooper & Company, an independent, full-service investment bank focused on the energy sector and headquartered in Irvine, California, announced today that it has initiated coverage of Goodrich Petroleum Corp.
“We like Goodrich Petroleum’s strong balance sheet and well-timed financings just prior to the energy sector sell-off, putting it in a great position to unlock [...]
International Beryllium Corporation announce that Mr. Denis Brady has been appointed as a non-executive director of International Beryllium Corporation. Mr. Brady brings manufacturing operating experience to the board as the Company expands its production capacity and, as someone with recognized financial expertise, will chair the audit committee.
Until its recent acquisition by IB, Mr. Brady was [...]
ZCOM NETWORKS, INC., a publicly traded company, announced today that the company is retiring 500,000,000 shares of common stock back to its treasury. This action effectively reduces the total issued and outstanding common shares by 500,000,000 shares, in line with the company’s strategy to enhance shareholder value. “We are taking appropriate actions to enhance shareholder [...]
