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Venoco extends financing deadline for CEO

By   /  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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Venoco shareholders approve CEO takeover bid

By   /  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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Editorial: Oil could bring much-needed jobs to North Santa Barbara County

By   /  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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NiMin Energy taps out two years post-IPO

By   /  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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ATA growth leads manufacturing rebirth in Paso

By   /  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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NiMin Energy to dissolve

By   /  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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Carone Petroleum wants to double down on drilling

By   /  Friday, January 20th, 2012  /  Top Stories  /  Comments Off on Carone Petroleum wants to double down on drilling

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