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June 23, 2014
07:26 EDTIFNY, AVL, PVG, MPET, FXEN, ANFC, TRCH, PLM, LLEX, ESCR, PZG, PEDRoth Capital to hold a conference
3rd Annual ROTH Resources Corporate Access Day to be held in London, England on June 23.
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July 23, 2015
09:08 EDTANFCBlack Ridge Oil & Gas launches Joint Venture with Merced Capital
Black Ridge Oil & Gas has signed a definitive agreement with Merced Capital to form an entity that will acquire and develop Williston Basin non-operated assets. The joint venture will be funded by Merced with an initial investment target of $50M. Investments will be subject to Merced approval, and will be managed by Black Ridge. The joint venture assets will be managed by Black Ridge in exchange for a management fee and reimbursement of third party expenses, and after certain investor hurdles are met Black Ridge will receive a share of profits in the venture. Black Ridge will also have the option to co-invest up to 25% on acquisitions and capital expenditures alongside the venture and any such co-investments will reside directly within Black Ridge. Upon the sale of joint venture assets, Black Ridge will also have the option to bid and acquire the assets.
06:17 EDTESCREscalera Resources Co. discloses sale of interests in Mesa Units for $12M
In a regulatory filing, Escalera Resources Co. disclosed that it entered into a Purchase and Sale Agreement with Vanguard Operating, an unaffiliated entity, pursuant to which the company will sell its interests in the Mesa Units located on the Pinedale Anticline in Southwestern Wyoming. The cash purchase price pursuant to the Agreement is $12M, subject to closing and post-closing adjustments. The company expects the sale to close on July 31, 2015. The proceeds will be used to reduce debt outstanding under the company’s credit agreement.
July 20, 2015
09:03 EDTPEDPEDEVCO Corp. commences drilling of seven new Wattenberg wells
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July 15, 2015
05:34 EDTPVGPretium Resources reports results from drill program in Valley of the Kings
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