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Archive for January, 2008

Gee Wiz! It’s Bolo!

Wednesday, January 30th, 2008 Posted in Uncategorized | 2 Comments »

Bolo Systems, the back-office software provider to some 130 energy companies, is getting ready for NAPE 2008. Denver- and Houston-based Bolo was formerly known as GWiz. It changed its name ... Read more..

Oops, They Did It Again: FOMC Cuts To 3%

Wednesday, January 30th, 2008 Posted in Uncategorized | No Comments »

Further terrorizing American consumers, Fed Chairman Bernanke and fellow FOMC members have cut the fed funds rate another 50 basis points to now total 3%, and the Board of Governors ... Read more..

Oil and Gas Investor Acquires COSCO Private Capital Forum

Tuesday, January 29th, 2008 Posted in Uncategorized | No Comments »

Oil and Gas Investor has acquired COSCO Capital Management LLC’s annual “Private Capital for Energy Forum.” Terms of the sale were not disclosed. Forum founder and COSCO managing director Cameron ... Read more..

It’s Getting Hot In Here: How Is This America’s Fault?

Tuesday, January 29th, 2008 Posted in Uncategorized | No Comments »

It’s getting hot in here, and it’s all America’s fault. Several scientists released their “State of the Climate: An assessment of climate change and policy in the United States” today ... Read more..

Whoa! FOMC Loses 75 Points of Leverage

Tuesday, January 22nd, 2008 Posted in Uncategorized | No Comments »

The FOMC’s sudden 75-basis-point action this morning may serve to frighten consumers into saving instead of shopping, rather than forestall a serious recession. The action drops the fed funds target ... Read more..

Eli and Brady…Rady, Wolf, Stewart, Jarvis….

Tuesday, January 22nd, 2008 Posted in Uncategorized | No Comments »

This year’s Super Bowl will be a pairing of up-and-comer Eli Manning, getting his first shot at the ring, and veteran Tom Brady going for a fourth. Peyton Manning spared ... Read more..

Executive Of The Year: Leor Energy’s Guma Aguiar

Tuesday, January 22nd, 2008 Posted in Uncategorized | No Comments »

And the winners are…! The 2007 Oil and Gas Investor Excellence Award winners are here. The five-year-old recognition program seeks to identify stand-out executives, M&A deals and financings, wildcatting, field ... Read more..

Attn: Edge Petroleum Employees…We’re For Sale (Or Merger)…Oh, Uh, And Happy Holidays

Tuesday, January 22nd, 2008 Posted in Uncategorized | No Comments »

Merry Christmas, Edge Petroleum employees: Your company is for sale or merger. When is a good time to announce to your staff that their future is uncertain? Employees who don’t have ... Read more..

Fitch’s Take On Citgo’s Loan To PDVSA: Downgrade

Tuesday, January 22nd, 2008 Posted in Uncategorized | No Comments »

Fitch Ratings has lowered its issuer-default rating on Citgo Corp. from BB to BB- upon news that the U.S.-based refiner (a business of PDVSA) will take out a $1-billion bridge ... Read more..

It’s The People, Wall Street

Tuesday, January 22nd, 2008 Posted in Uncategorized | No Comments »

It’s the people, Wall Street. “You don’t need ‘star power’ when you have a good team,” says Bruce Vincent, president of Swift Energy Corp., Houston (NYSE: SFY). The midcap E&P company ... Read more..