Oil Related Services and Equipment

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Canadian Oil Recovery and Remediation Enterprises Ltd secures $2,500,000 in equity financing

Friday, 2 Jan 2015 01:28pm EST

Canadian Oil Recovery and Remediation Enterprises Ltd:Announces that the Company has secured commitments for a private placement financing of units (each an Equity Unit), which will result in total proceeds of $2,500,000.Investors under the equity financing will be issued 50,000,000 Equity Units at a price of $0.05 per Equity Unit, with each Equity Unit consisting of one common share of CORRE and one-half of one common share purchase warrant.Each whole warrant issued from the equity financing will entitle the holder to acquire one additional Common Share at a price of $0.075 for a period of 3 years from closing.Capital raised under this financing will be utilized by CORRE to pursue new revenue generating opportunities, to formalize new partnerships and agreements, and for working capital.

Daya Materials Bhd announces placement of shares

Monday, 29 Dec 2014 07:00pm EST

Daya Materials Bhd:Says placement of up to 347,204,100 new ordinary shares of 0.10 Ringgit each.Issue price per share will be0.165 Ringgit.Issue representing up to 25 pct of issued and paid-up share capital of DMB.

Sichuan Renzhi Oilfield Technology Services announces termination of private placement and to acquire company and to set up joint venture

Tuesday, 23 Dec 2014 10:49pm EST

Sichuan Renzhi Oilfield Technology Services Co Ltd:Announced termination of private placement.To aquire 100 pct stake in an U.S-based oil company PO1,LLC that announces in private placement plan, at price of up to $47 mln.To invest up to $3 mln to set up a oilfield technology services joint venture with U.S-based oilfield technology services company.

PT Sugih Energy Tbk increases shares through warrants

Sunday, 7 Dec 2014 07:00pm EST

PT Sugih Energy Tbk:Says it has increased shares to 24,677,394,849 on Dec. 9, through exercised warrants by shareholders.

Shengli Oil & Gas Pipe Holdings Ltd announces completion of issue of shares under general mandate

Friday, 14 Nov 2014 07:51am EST

Shengli Oil & Gas Pipe Holdings Ltd:Says that all conditions of subscription have been fulfilled and completion of subscription took place on Nov. 14, in accordance with terms of subscription agreement.Says total of 248,058,000 fully paid subscription shares, representing about 9.091 pct. of issued share capital of the company as at date of this announcement immediately after completion, were allotted and issued by the company to subscriber at subscription price of HK$0.45 per subscription shares.

Eco-Stim Energy Solutions Inc files for secondary public offerings

Thursday, 13 Nov 2014 07:00pm EST

Eco-Stim Energy Solutions Inc:Offers amount of $24,700,000 to be listed on Nasdaq SmallCap Market.

Shengli Oil & Gas Pipe Holdings Ltd announces issue of shares under general mandate

Monday, 3 Nov 2014 09:10am EST

Shengli Oil & Gas Pipe Holdings Ltd:Says that the company and subscriber entered into subscription agreement in relation to issue of subscription shares to subscriber at subscription price of HK$0.45 per subscription share.Subscription shares to be allotted and issued under subscription agreement represent about 10 pct. of existing issued share capital of the company; and 9.091 pct. of issued share capital of the company as enlarged by allotment and issue of subscription shares.Subscribers shall subscribe in total 248,058,000 subscription shares.Gross proceeds of subscription will be HK$111,626,100.Net proceeds of subscription are estimated to be about HK$111,280,000.Intends to use net proceeds for operating expenses for dome integration houses projects operated by Dome Integration Housing Industrial Holding Co. Ltd and general working capital of the company.

Yamashin-Filter Corp to issue new shares through private placement

Tuesday, 28 Oct 2014 04:30am EDT

Yamashin-Filter Corp:To issue 76,500 shares at price of 2,590 yen per share with amount of 198,135,000 yen through private placement to Nomura Securities Co., Ltd.Says subscription date on Nov. 4 and payment date on Nov. 5.

Quadrise Fuels International Plc announces acquisition of minority interest, issue of equity

Wednesday, 22 Oct 2014 10:12am EDT

Quadrise Fuels International Plc:Issues 1,593,626 new ordinary shares in the Company to Jason and Rachel Miles as consideration for the Company's acquisition of 100 pct of the issued share capital of Roe Projects Limited (RPL).Consideration Shares have been issued at an effective issue price of 31.375 pence per share.Jason Miles is an executive director of QFI and, following the issue of the Consideration Shares, is now interested in 2,230,633 ordinary shares in the Company, representing 0.28 pct of the Company's enlarged issued ordinary share capital.Says sole asset of RPL is its 6.25 pct equity interest in a number of Quadrise subsidiary companies, which were acquired by RPL in 2010 at the time of a restructuring of the Company and its management services.RPL is a service company which had previously contracted to supply the services of Jason Miles to Quadrise International Limited (QIL), the QFI group's 100 pct owned principal operating subsidiary, and other clients.Following this transaction the Company will have recovered all minority interests in all subsidiaries of QIL and will again hold 100 pct of their issued capital.

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