John Wood Group PLC (‘Wood Group’, the ‘Group’) Announces Disposal of Well Support Division for $2.8 Billion

Wood Group, the international energy services company, today announces it has entered into a conditional agreement to sell its Well Support Division to GE for cash consideration of $2.8 billion (the “Disposal”). Following the Disposal, the Board of Directors intends that Wood Group will return cash of not less than $1.7 billion to shareholders... 

Dejour Closes US$2.75 Million Equity Raise

Dejour Enterprises Ltd. announces that it has closed its previously announced offerings of units, with each unit consisting of one common share and one half of one common share purchase warrants. Dejour issued 9,176,667 common shares and 4,588,334 common share purchase warrants in the offerings, resulting in gross proceeds of approximately US$2.75 million. A... 

Africa Oil: Accelerated Warrant Exercise Completed

Africa Oil Corp. reports that 99.5% of the Company’s share purchase warrants that were issued pursuant to a private placement in April 2009 were exercised as of the expiry date of December 23, 2010. The warrant exercise resulted in gross proceeds to the Company of approximately CDN$55.8 million. The December 23, 2010 expiry date was an accelerated... 

Lucas Energy Enters Into $6 Million Stock Offering

Lucas Energy, Inc. , an independent oil and gas company, has executed agreements to raise almost $6 million from the sale of approximately 2.5 million units in a registered direct offering at a price of $2.38 per unit, based on the December 23, 2010 closing price. Investors included a select group of institutions and Hall Phoenix Inwood Ltd., an affiliate... 

Khodorkovsky’s Lead Defense Attorney Vadim Klyuvgant Issues the Following Statement After Guilty Verdict

Lead Counsel Vandim Klyuvgant for Mikhail Khodorkovsky: Absurd Conviction to Keep Khodorkovsky in Jail Despite Prosecution’s Failed Case. Verdict Destroys Hopes for the Rule of Law, Independent Courts, Protection of Property Rights and Government Anti-Corruption Drive in Russia. Defense Slams “Charade of Justice” Today a Moscow court found Mikhail... 

Transeuro Energy Corp.: Private Placement

Mr. David Parry, Director of Transeuro Energy Corp. is pleased to announce that the Company intends to proceed with a non-brokered private placement for gross proceeds of up to $2,000,000. The private placement will consist of unsecured convertible debentures (the “Debentures”), or alternatively will be of units (the “Units”)... 

CAMAC Energy Inc. Raises $20.0 Million in Registered Direct Offering

CAMAC Energy Inc. a U.S.-based energy company engaged in the exploration, development and production of oil and gas, today announced that the Company has entered into definitive agreements dated December 21, 2010 with certain accredited investors (the “Investors”) to sell in a registered direct offering an aggregate of approximately 9.09 million... 

Crosshair Announces Completion of Consolidation and Exercise of Subscription Receipts

Crosshair Exploration & Mining Corp. is pleased to announce the completion of a consolidation of the Company’s common shares (“Common Shares”) and the exercise of the subscription receipts that were issued in the Company’s $7 million subscription receipt financing (the “Offering”). Offering The following discussion... 

Zion Oil & Gas Completes Rights Offering

Zion Oil & Gas, Inc. announced today that on December 15, 2010, it completed its previously announced rights offering. The preliminary outcome of the rights offering, as of the close of business on December 15, 2010, indicates that subscriptions for approximately 3.65 million units, for gross proceeds of approximately $18.25 million, have been received... 

Plutonic Power Corporation Announces Closing of $70.35 Million Bought Deal

Plutonic Power Corporation announce the closing of its recently-announced bought deal financing, raising gross proceeds of $70,350,000 by the sale of 21,000,000 Common Shares at a price of $3.35 per share. The financing was underwritten by a syndicate of underwriters co-led by Cormark Securities Inc., GMP Securities L.P. and Macquarie Capital Markets...