Another Microcap, This Time Oil/Gas, Eyes Alternatives
Tags: SALE of business enterprises; COLUMBUS Energy Corp.; PETROLEUM industry
Related Articles
- Tiny Goodrich Petroleum May Sell Oil and Gas Assets. Leibs, Anthony // Mergers & Acquisitions Report;08/30/99, Vol. 12 Issue 35, p4
Reports that Goodrich Petroleum Corp. (GPC) is seeking improved liquidity, which may result in the sale of certain oil and gas properties. Share price of the company; Potential bidders; Comments from Peter Ricchiuti of Burkenroad Reports on GPC wells; Losses of the company.
- What a difference a year makes. Reid, Keith // National Petroleum News;Apr2007, Vol. 99 Issue 4, p4
The author reflects on the business-related issues that still continued in 2007 from the previous years in the U.S. The issues he mentioned include the transition of major oil companies away from retailing and the sell-offs of sites. He stated that the recent round of sell-offs certainly...
- OMV Makes a Bid for Control of Petrom. // Chemical Market Reporter;5/31/2004, Vol. 265 Issue 22, p4
Reports that OMV has been asked by Romanian government to enter into exclusive negotiations to take control of Petrom, the country's largest oil and gas manufacturers which is state-owned. Other bidders for Petrom; Plan of OMV to initially acquire a 33% stake in Petrom.
- Wilshire Targets Oil/Gas Divestitures. Roberts, Ricardo // Mergers & Acquisitions Report;5/19/2003, Vol. 16 Issue 20, p5
Reports on the approval of Wilshire Oil Co. of Texas for its investment bank Deloitte & Touche LLC to sell the company's oil and gas business. Reason of Wilshire for retaining Deloitte; States in the U.S. where Wilshire has reserves; Revenue that the oil and gas business generated in 2002.
- Maverick sells local interest. Francis, Robert // Fort Worth Business Press;3/12/2007, Vol. 20 Issue 11, p14
The article reports on the sale of interests of Maverick Oil & Gas Inc. in the Barnett Shale properties in Wise County, Texas. The company did not reveal the buyer of the properties at the request of the purchaser. Since the company's only stake is its interest in the Wise County properties, the...
- Oil: Yukos Output Uninterrupted As Asset Sale Nears. // Emerging Europe Monitor: Russia, Ukraine & Baltics;Nov2004, Vol. 8 Issue 11, p2
The article discusses the oil price situation in Russia. Russian oil and gas condensate output reached a post-Soviet high of 9.43mn barrels/day (b/d) in September. Several western oil majors already have significant investments in the country: the UK's BP has already ruled itself out of...
- Yukos Plans to Sell Assets. // China Chemical Reporter;3/6/2006, Vol. 17 Issue 7, p9
The article reports on Russia-based Yukos Oil Corp.'s announcement of plan to spinoff its domestic and overseas noncore business. The proceeds in the sale of business will be used to pay taxes and bank debts estimated to be U.S.$8.8 million. Analysts say that is Yukos sells its business in...
- Delays To Romania Reform. // Emerging Markets Monitor;1/12/2004, Vol. 9 Issue 37, p15
Reports on the postponement of the planned sale of oil firm SNP Petrom by the Romanian government from March to June 2004. Implication of the delay for the International Monetary Fund; Concern over the pace of the economic reform process in the country.
- Sale of petchems may be close. Beacham, Will // European Chemical News;9/1/2003, Vol. 79 Issue 2066, p8
Speculates on the sale of the oil, gas and petrochemicals business of ABB to a consortium of private equity firms, led by Candover Investments, in September 2003. Market estimates for the company's business; Amount of divestments targeted by the company.
