Capital Oil & Gas, Inc. Has Been Approached to Acquire Fifteen Additional Full Service Independent/Retail Shell Gas Stations

Capital Oil & Gas, Inc., announced today that it has been approached to acquire a package of fifteen independently owned Shell service stations. The company is very interested in this opportunity, but it is still in major negotiations to acquire the previously announced eleven service stations, representing at least $55,000,000 to $60,000,000 per... 

Gateway Energy Enters Into New Transportation and Terminal Services Agreements

Gateway Energy Corporation announced that its wholly-owned subsidiary, Gateway Offshore Pipeline Company has entered into agreements with Maritech Resources, Inc., an exploration and production company and wholly-owned subsidiary of TETRA Technologies, Inc., to transport all of the crude oil and natural gas produced from its High Island Block 98-L lease,... 

Pike Electric Corporation Completes Acquisition of Shaw’s Energy Delivery Services

Pike Electric Corporation announced that on September 1, 2008 it completed the acquisition of Shaw Energy Delivery Services, Inc. (“EDS”), an affiliate of The Shaw Group Inc. With EDS, Pike will provide its customers a complete solution for the Engineering, Procurement and Construction (“EPC”) of distribution, transmission and... 

Venoco, Inc. Announces Exercise of Option

Venoco, Inc. announced that Denbury Resources Inc. has elected to exercise its option to purchase the Hastings complex from Venoco. Denbury and Venoco also entered into an amendment to the option agreement extending by one year certain of Denbury’s performance commitments with respect to implementing a CO2 flood in the Hastings complex. “This... 

Morphic Appoints Hakan Wallin New Chief Financial Officer

Håkan Wallin has been appointed new Chief Financial Officer for the Morphic Group (STO:MORPB) and takes over from Jan Johansson. Håkan Wallin will be part of Group Management and report to President and CEO Jonas Eklind. Håkan Wallin’s last appointment before joining Morphic was as CEO of Libertas Capital Nordic AB, a global investment bank with... 

Schneider Power Inc. Announces Final Approval of Its Qualifying Transaction With Schneider Power Inc.

Canada’s Renewable Energy Company, Schneider Power Inc. (formerly Water Capital Inc.) announced today that further to the completion of the acquisition of all the issued and outstanding shares of Schneider Power, the TSX Venture Exchange Inc. has issued its Final Exchange Bulletin regarding the transaction. This acquisition involved an amalgamation... 

Opsens retains Barnes McInerney to act as investor relations consultants

Opsens Inc. announced that it has engaged Barnes McInerney Inc. (BMI) of Toronto to provide strategic investor relations consulting services. BMI offers a fully integrated suite of products, focusing on strategic investor relations, initial public offerings, mergers & acquisitions, roadshow marketing, corporate communications and new media solutions. “Barnes... 

Buckeye Partners, L.P. Completes Purchase of Albany Terminal

Buckeye Partners, L.P. announced that its subsidiary, Buckeye Albany Terminal LLC, completed the acquisition of an ethanol and petroleum products distribution terminal located in Albany, New York from LogiBio Albany Terminal, LLC, an affiliate of U.S. Oil Co., Inc. and LogiBio, LLC, for cash consideration of approximately $46.5 million. Additional consideration... 

Homeland Energy Purchase of Appolo Fuels to Add 114 Million Tons Measured & Indicated Coal to Homeland’s Global Resource

Homeland Energy Group Ltd. report the receipt of initial results of a mineral resource study relating to Homeland’s recently announced acquisition of Appolo Fuels, Inc. (Appolo) (see Homeland Energy press release August 27, 2008). The resource estimation is being performed by Norwest Corporation’s (Norwest) Charleston, West Virginia office... 

Amen Properties Purchases Oil and Gas Interests in the Permian Basin

Amen Properties has acquired a 5% working interest and 4% net revenue interest in certain oil and gas properties (the “Properties”) from Aghorn Energy, Inc. (“Aghorn”) for a purchase price of $1,750,000, effective June 1, 2008. The Properties were acquired by Aghorn from Exxon Mobil Corporation on June 1, 2008 and consist of...