EV Energy Partners, L.P. (NASDAQ:EVEP) announces results for the third quarter 2010 and filed its Form 10-Q with the Securities and Exchange Commission.
Articles Tagged "acquisitions"
Topaz Resources, Inc. (OTC: TOPZ) reports that the company has initiated the process to issue a share dividend of 5 shares of common stock.
Even as investors are mulling mixed signals over crude supply numbers from the Energy Information Administration, there are clear indications that the Gulf state leaders have no plans to stop pricing oil in dollars. The rumour had traders hitting the panic button.
Pyramid Petroleum Inc. today annouced that it is offering a covertible debenture with an interest rate starting at 12% convertible at $0.85 per share. Research Capital Corp. has been named the lead agent and will be targeting to raise between $15 and $20 million.
It is obvious that a barrel price below $60 on the NYMEX is bad news for oil companies. Part of the drop reflects a strengthening American dollar, but recent demand forecast revisions are bleak. Governments, companies and investors think a prolonged recession or period of low growth is in the offing, and everyone should take note.
EV Energy Partners reported that it had entered into agreements to acquire natural gas and oil assets for $202.7 million. For more information, click here