Equity Company Exchange / Symbol Headquarters Amount Comments Oneok Inc. (NYSE: OKE) Tulsa, Okla. US$150 million Plans to privately place 6.9 million shares at US$21.74 each. CitiGroup Global Markets Inc. is sole underwriter. Stolt Offshore SA (Nasdaq: SOSA) London US$100 million Privately placed 45.5 million common shares at US$2.20 each. Carrizo Oil & Gas Inc. (Nasdaq: CRZO) Houston US$22 million Plans to publicly offer 5.7 million shares at US$7 each. CIBC World Markets, First Albany Capital Inc., Hibernia Southcoast Capital and Johnson Rice & Co. LLC are underwriters. Gasco Energy Inc. (OTC BB: GASE) Denver US$20 million Privately placed 14.33 million shares at US$1.50 each. Proceeds will be used the Riverbend project, Uinta Basin, Utah, and general working capital. Great Northern Exploration Ltd. (Toronto: GNL) Calgary C$19.1 million Privately placed 4.25 million common shares at C$4.50 each. The underwriting syndicate was led by Peters & Co. Ltd. and included Sprott Securities Inc., FirstEnergy Capital Corp. and GMP Securities Ltd. Tanganyika Oil Co. Ltd. (Toronto Venture: TYKS) Vancouver C$18.9 million Plans to privately place 3 million shares at C$6.30 each. Warren Resources Inc. (Pink Sheets: New York US$14 million Privately placed 2 million common shares at US$7 each. Proceeds will WRRN) be used primarily to further CBM development programs in the Rocky Mountain region and for working capital and general corporate purposes. Deer Creek Energy Ltd. NA Calgary C$17.675 million Privately placed 10.1 million common shares at C$1.75 each. The financing syndicate was led by Peters & Co. Ltd. and included RBC Capital Markets, Canaccord Capital Corp. and Tristone Capital Inc. Tanganyika Oil Co. Ltd. (Toronto Venture: TYKS) Vancouver C$15.75 million Privately placed 2.5 million shares at C$6.30 each. Wellco Energy Services Trust (Toronto: WLL) Calgary C$15.1 million Privately placed 2.3 million trust units at C$6.55 each through a syndicate led by Canaccord Capital Corp. Meridian Energy Corp. (Toronto Venture: MDE) Calgary C$12.15 million Privately placed 5.4 million common shares at C$2.25 each. The underwriting was led by Tristone Capital Inc. and included GMP Securities Ltd. and FirstEnergy Capital Corp. American Energy Production Inc. (OTC BB: AMEP) Mineral Wells, Texas US$5 million Received equity financing from Compass Capital Group to fund new exploration and secondary-oil recovery projects. TransAtlantic Petroleum Corp. (Toronto: TNP) Calgary US$3.35 million Privately placed 3.335 million units at US$1 each. Mart Resources Inc. (Toronto Venture: MMT) Calgary C$3.25 million Privately placed 26 million units at C$0.15 each. The agent was ODL Securities Ltd. Proceeds fund costs of project interests in West Africa. Quadra Resources Corp. (CNQ: QDRA) Calgary US$2 million Privately placed 20 million units at US$0.12 each. Kodiak Oil & Gas Group (Toronto Venture: KOG) Denver Up to C$2.5 million Plans to privately place up to 7.142 million units at C$0.35 each. Jennings Capital Inc. is agent. Proceeds will fund the Pacific Rim prospect. Shaker Resources Inc. (Toronto: SHR) Calgary C$2 million Privately placed 1.25 million common shares at C$1.60 each. Buckeye Energy Corp. (Toronto Venture: BUK) Calgary C$1.5 million Increased a private placement from C$1 million. Debt Genoil Inc. (Toronto: GNO) Calgary C$1.4 million Plans to increase a previously announced private placement to 10 million units at C$0.14 each. Rampart Ventures Ltd. (Toronto Venture: RPT) Vancouver C$1.2 million Increased a private placement to 6 million units at C$0.20 each. Haywood Securities Inc. is agent. Sawtooth International (Toronto Venture: SAW) Calgary C$980,000 Privately placed 1.4 million common shares at C$0.70 each. Haywood Resources Inc. Securities Inc. was underwriter. The proceeds will fund development and drilling in the Redwater / Fort Saskatchewan area, Alberta. Comstock Resources Inc. (NYSE: CRK) Frisco, Texas US$400 million Received a new revolving bank credit facility from the Bank of Montreal, arranged by Harris Nesbitt. Comstock Resources Inc. (NYSE: CRK) Frisco, Texas US$175 million Priced 8-year senior notes at 6.875%. Net proceeds will fund a tender offer for 11.25% senior notes. Foster Wheeler Ltd. (OTC BB: FWLRF) Hamilton, Bermuda US$120 million Plans to privately place senior secured notes due 2011 to replace a term loan and revolving credit facility. Trico Marine Services (Nasdaq: TMAR) Houston US$55 million Received a new senior secured credit facility. NQL Drilling Tools Inc. (Toronto: NQL) Nisku, Alberta C$55 million Refinanced debt through HSBC Bank Canada and HSBC Bank USA. Omni Energy Services Corp. (Nasdaq: OMNI) Carencro, La. US$10 million Plans to issue 6.5% convertible debentures to funds managed by Gemini Investment Strategies LLC and two other investors. Tiverton Petroleums Ltd. (Toronto: TIV) Calgary C$3.48 million Privately placed 8% convertible redeemable unsecured debentures. The agent was First Associates Investments Inc.
Recommended Reading
Exclusive: Renewables Won't Promise Affordable Security without NatGas
2024-03-25 - Greg Ebel, president and CEO of midstream company Enbridge, says renewables needs backing from natural gas to create a "nice foundation" for affordable and sustainable industrial growth, in this Hart Energy Exclusive interview.
API Gulf Coast Head Touts Global Emissions Benefits of US LNG
2024-04-01 - The U.S. and Louisiana have the ability to change global emissions through the export of LNG, although new applications have been frozen by the Biden administration.
Liberty Energy CEO: NatGas is Here to Stay as Energy Transition Lags
2024-03-27 - The energy transition hasn’t really begun given record levels of global demand for oil, natural gas and coal, Liberty Energy Chairman and CEO Chris Wright said during the DUG GAS+ Conference and Expo.
Exclusive: Chevron Balancing Low Carbon Intensity, Global Oil, Gas Needs
2024-03-28 - Colin Parfitt, president of midstream at Chevron, discusses how the company continues to grow its traditional oil and gas business while focusing on growing its new energies production, in this Hart Energy Exclusive interview.
BKV CEO: Texas Grid Needs More Combined Cycle NatGas Plants
2024-04-12 - BKV CEO Chris Kalnin dives into the "core issue" of Texas' renewable grid and how the company is increasing production as the the largest producer in the Barnett Shale, in this Hart Energy Exclusive interview.