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By Staff Report / Tuesday, June 12th, 2012 / Banking & Finance, Latest news, Tri-County Public Companies / Comments Off on Venoco extends financing deadline for CEO
Venoco has extended CEO Tim Marquez’s deadline to July 20 to disclose how he will finance his effort to take the company private. Marquez’s buyout of the company, which is based in Denver but has about 150 employees in the Tri-Counties, was approved by shareholders on June 5. But at the time of the approval, Read More →
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By Stephen Nellis / Friday, June 8th, 2012 / Banking & Finance, Top Stories, Tri-County Public Companies / Comments Off on Venoco shareholders approve CEO takeover bid
Venoco CEO Tim Marquez, a former petroleum engineer, has proven that he has the shareholder votes to take his company private. But does he have the money? The question came into sharp focus on June 5, when Venoco shareholders approved Marquez’s bid to buy the 49 percent of the company’s shares he doesn’t already own Read More →
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By Editorial Board / Friday, May 11th, 2012 / Editorials, Opinion / Comments Off on Editorial: Oil could bring much-needed jobs to North Santa Barbara County
The UC Santa Barbara forecast in Santa Maria recently raised a provocative idea for speeding jobs and growth in the Central Coast: What if the North County opened the doors to more onshore oil-and-gas exploration and development? Many experts believe that discoverable reserves are plentiful throughout the Tri-Counties. But getting permits is practically impossible at Read More →
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By Dana Olsen / Friday, May 4th, 2012 / Banking & Finance, Technology, Top Stories, Tri-County Public Companies / Comments Off on NiMin Energy taps out two years post-IPO
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By Marlize van Romburgh / Friday, April 27th, 2012 / Central Coast, Real Estate, Technology, Top Stories / Comments Off on ATA growth leads manufacturing rebirth in Paso
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By Staff Report / Wednesday, April 25th, 2012 / Latest news, Tri-County Public Companies / Comments Off on NiMin Energy to dissolve
NiMin Energy, a small independent oil and gas firm based in Caprinteria, is selling its Wyoming assets for $98 million and dissolving itself. The company, which is traded on the Toronto Stock Exchange, is also in talks to sell its San Joaquin Valley assets in California. The company said the money will be used to Read More →
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By Stephen Nellis / Friday, January 20th, 2012 / Top Stories / Comments Off on Carone Petroleum wants to double down on drilling
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