Denbury Resources Inc. Announces Final Results of Cash Tender Offers for Senior Subordinated Notes Due 2013 and 2015

Denbury Resources Inc. today announced the final results of its previously announced cash tender offers for the outstanding 7½% Senior Subordinated Notes due 2013 of the Company and Denbury Onshore, LLC (the “2013 Notes”) and 7½% Senior Subordinated Notes due 2015 of the Company (the “2015 Notes”), which offers expired at 11:59 p.m., New... 

Savage to Construct, Own and Operate a Multi-User Railport at Trenton, North Dakota

Savage Companies (Savage) announced its plans to construct, own and operate a large multi-user rail terminal in Trenton, North Dakota. The terminal, to be known as Trenton Railport, will be served by the BNSF Railway, and will be designed to bring large-scale rail service to the Bakken Formation (the Bakken) with oil-field related materials such as... 

TransCanada: Bison Pipeline Begins Service Moving Natural Gas out of the Rockies

TransCanada Corporation today announced its Bison Pipeline became operational on Friday, January 14. The 303-mile (487-kilometre), 30-inch-diameter interstate pipeline has an initial capacity of 407 million cubic feet a day, all of which is currently under long-term contract. With additional compression, the pipeline is expandable to 1 billion cubic... 

GeoResources, Inc. Announces Proposed Common Stock Offering

GeoResources, Inc., today announced that it and certain selling shareholders intend to offer, subject to market and other conditions, 4,700,000 shares of common stock, of which 4,000,000 shares would be sold by GeoResources and 700,000 shares would be sold by the selling shareholders, in an underwritten public offering. In connection with the offering,... 

GreenShift Receives Grant for Algae Bioreactor Technology

GreenShift Corporation announced that it has received a grant award of $375,000 to further the development of GreenShift’s patented and patent-pending algae bioreactor. The funding is provided through the Montana Board of Research and Commercialization, a unit of the Montana Department of Commerce. The objective of the grant award is to demonstrate... 

CHS Success in 2008 Founded on Vision, Stability

Leaders of CHS Inc., one of the nation’s leading energy, grains and foods companies, attributed strong 2008 performance to maintaining financial stability and disciplined-growth during a period of unprecedented market volatility. “After five consecutive years of record results — the combination of our own hard work, growth and what... 

NorthWestern Energy Responds to Montana Public Service Commission Proceedings Regarding Colstrip Unit 4

NorthWestern issued a statement in reaction to initial votes to draft orders regarding dockets related to Colstrip Unit 4. “We disagree and we’re disappointed with the decision related to the bankruptcy tipulation, but we will reserve further comment on the matter until we see the language in the final order,”... 

MPM Secures NASA Sponsored NEOGEN Technology For SKYGAS Heat Recovery Applications

MPM Technologies, Inc. announced that its wholly owned subsidiary Nupower, Inc. has entered into an exclusive agreement with Unitel Technologies, Inc. (UTI) to license the NEOGEN technology for all heat recovery applications downstream of its SKYGAS electrokinetic reactor. MPM’s exclusive arrangement also covers plasma arc gasification systems. NEOGEN... 

Echo Satellite Communications, Inc. Inks LOI to Acquire Xeric Oil & Gas

Echo Satellite Communications, Inc. announced that it has entered into a letter of intent to acquire the assets of Houston, Texas-based Xeric Oil & Gas Corp. (“Xeric”). The transaction gives ECSC working interests in more than 200 productive oil, natural gas and water disposal well properties located in Montana, New Mexico and Wyoming. ECSC... 

Sustainable Oils Adds Mike Waring to Montana Camelina Production Team

Sustainable Oils has added a veteran Montana agriculture professional to its team focused on building camelina production and marketing opportunities for farmers. Mike Waring joined the company on October 1 as territory sales manager focused on Montana and North Dakota. Waring will be responsible for contracting camelina production acres and providing...