Posts Tagged ‘Energy

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California Santa Barbara Channel Lease Applications Over Known Offshore Oil Accumulations

August 12th, 2008
California Santa Barbara Channel Lease Applications Over Known Offshore Oil Accumulations

Arctic Oil & Gas Corp., a petroleum exploration company, announce that The Company is a co-applicant for a group of offshore OCS and State leases in the Santa Barbara Channel covering known oil-gas deposits estimated to contain between 250 million to 500 million barrels of oil and gas equivalent. These resources have minimal geological risks [...]

Denham Capital to Invest $165 Million in Multi-Shot LLC

August 11th, 2008
Denham Capital to Invest $165 Million in Multi-Shot LLC

Multi-Shot, LLC and Denham Capital announced that Denham will make a majority equity investment of $165 million in Multi-Shot, a leading independent provider of directional drilling services in the North American oilfield services industry.
Multi-Shot, headquartered in Conroe, Texas, is an independent directional drilling services company. The Company operates throughout the continental United States. It has [...]

Monogram Energy Inc. to Workover 3 Wells

August 11th, 2008
Monogram Energy Inc. to Workover 3 Wells

Monogram Energy Inc. announce that the workover of 3 wells on the T.W. Martin lease is scheduled to begin today. Upon completion, the Company expects to see a substantial increase in the production of these wells.
Mr. Billy King, Chief Executive Officer of Monogram Energy, Inc., stated, “We’re anxious to get this completed, as we are [...]

Simbol Mining Secures Series A Investment From MDV and Firelake

August 11th, 2008
Simbol Mining Secures Series A Investment From MDV and Firelake

Simbol Mining, a company focused on the production of lithium and other commodity metals using clean, zero waste production processes from brines and effluent streams, today announced completion of its Series A round of investment. The $6.7 million financing was led by MDV-Mohr Davidow Ventures and Firelake Capital. The funds will be used to complete [...]

Rio Tinto Announces the Filing of a Registration Statement by Cloud Peak Energy Inc. for a Proposed Initial Public Offering

August 8th, 2008
Rio Tinto Announces the Filing of a Registration Statement by Cloud Peak Energy Inc. for a Proposed Initial Public Offering

Rio Tinto announced today that its wholly owned subsidiary, Cloud Peak Energy Inc., has filed a registration statement on Form S-1 with the United States Securities and Exchange Commission (SEC) in connection with Cloud Peak Energy’s proposed initial public offering (IPO) of its common stock. Cloud Peak Energy, comprised of most of the North American [...]

Gaz Métro inc. files a preliminary base shelf prospectus

August 8th, 2008
Gaz Métro inc. files a preliminary base shelf prospectus

Gaz Métro inc. (”GMi”) announced the filing with Canadian securities regulators of a preliminary short form base shelf prospectus (the “Base Shelf Prospectus”) relating to $400,000,000 aggregate principal amount of Series L First Mortgage Bonds (the “Series L Bonds”) guaranteed by Gaz Métro Limited Partnership (”Gaz Métro”) which may be issued from time to time [...]

New ‘Voyager’ Company to Explore Natural Gas Midstream Opportunities

August 7th, 2008
New ‘Voyager’ Company to Explore Natural Gas Midstream Opportunities

Tenaska Capital Management, LLC (TCM), has announced the formation of Voyager Midstream, LLC, a Houston-based company dedicated to developing, acquiring and managing midstream natural gas industry assets in a market where growth opportunities are increasing.
Voyager Midstream, staffed by a team of natural gas industry veterans, will focus nationwide on investments in the broad midstream sector [...]

Brownstone Ventures Inc. Acquires Securities of James Bay Resources Limited

August 6th, 2008
Brownstone Ventures Inc. Acquires Securities of James Bay Resources Limited

Brownstone Ventures Inc. announces that on July 31, 2008, following James Bay Resource Limited’s (”James Bay”) initial public offering, it owned 2,500,000 common shares (”Common Shares”) of James Bay and 750,000 common share purchase warrants (the “Warrants”). In the event that the Warrants are fully exercised, these holdings represent approximately 11.4% of the total issued [...]