Black Diamond Establishes Alberta Energy Corporation

Black Diamond Brands Corp. announce that it has established an Alberta energy exploration corporation – Point Grey Energy Inc., and has appointed Mr. Scott Henderson; Director and Chief Operating Officer of the new subsidiary. Scott Henderson, the founder of Trojan Energy Inc., has extensive experience in the oil & gas industry particularly... 

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... 

Westinghouse, Shaw to Form Joint Venture Company to Manufacture Modules for AP1000(TM) Nuclear Power Plants

Westinghouse Electric Company and The Shaw Group Inc. announced they have signed a letter of intent (LOI) to form a joint venture to fabricate and assemble structural and equipment modules for AP1000(TM) nuclear power plants to be built in the United States and selected global markets in which in-country supply is not available. Under terms of the LOI,... 

Denbury Agrees to Purchase Texas Field for Potential Tertiary Flood

Denbury Resources Inc. announced today that it has entered into an agreement with a privately owned company to purchase a 91.4% interest in Conroe Field, a significant potential tertiary flood north of Houston, Texas, for $600 million, plus additional potential consideration if oil prices exceed $121 per barrel during the next three years as further... 

Eagle Rock Energy Partners, L.P. Upsizes Its Senior Secured Credit Facility

Eagle Rock Energy Partners, L.P. announced that it has successfully increased commitments to its senior secured credit facility by $180 million, increasing the facility’s total commitments to $980 million (retaining the ability to further increase the facility’s size to $1.0 billion). This upsizing was achieved in two transaction events with the... 

Hyperdynamics Adds Dr. Tai-Lin Hong to Geoscience Team

Hyperdynamics Corporation announced that Dr. Tai-Lin Hong has been contracted to enhance its core geoscience team working on the Republic of Guinea offshore exploration project. Dr. Hong has extensive experience on exploration teams at Exxon Production Research Company, British Petroleum Company, and Unocal. Dr. Hong will perform scientific analysis... 

Genoil Inc. and Haiyitong Inc. Sign Revised Letter of Intent for Heavy Oil Hydroconversion Project

Genoil Inc. announce that it has signed a revised Letter Of Intent with Haiyitong, Inc. for our hydroconversion upgrading project in China. This revision reflects the positive attitude of both parties in working cooperatively to complete this project and the importance of this project to both companies. The new LOI reflects more favorable re-negotiated... 

Hyperdynamics’ Louisiana Production Remains Steady

Hyperdynamics Corporation announced that its July domestic production for Louisiana was 5,077 barrels sold. This represents the third straight month that gross production surpassed the 5,000 barrel mark. The company also reported it received an average price of $135 per barrel. Production has held steady for the last three months in the face of record... 

Encore Energy Systems to Merge With BioConversions International With $17,000,000 in Projected Profitable Revenues

Encore Energy Systems announced it has executed a Letter of Intent to merge with BioConversions International. BioConversions reports over $17,000,000 in projected sales with net earnings of approximately 12%. Encore Energy Systems will continue as a wholly owned subsidiary of the new combined entity. The Directors and Officers of Encore Energy Systems... 

Berry Petroleum Selects BoardVantage

Berry Petroleum, Inc., a leading independent energy company engaged in the production, development, acquisition, exploitation and exploration of crude oil and natural gas, has selected BoardVantage to manage its board communications. Berry Petroleum will be using BoardVantage to prepare and distribute its board materials and facilitate its executive...