The governors of Pacific coast U.S. states and a Canadian province are vowing to collectively combat climate change and promote clean energy.Governors of California, Oregon, Washington and the premier of British Columbia on Monday gathered in San Francisco to commit to putting a price on carbon pollution throughout the region and mandate the use of cleaner-burning fuels. [
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Lipari Energy, Inc. (“
Lipari” or the “
Company“) (TSX:LIP) announced today the successful completion of the previously announced plan of arrangement (the “
Arrangement“) under the
Business Corporations Act (British Columbia) pursuant to which 0976837 B.C. Ltd. (the “
Purchaser“), a wholly owned subsidiary of a holding company owned or controlled by certain members of the Company’s existing management team and their associates (the “
Management Team“) acquired all of the outstanding common shares of Lipari (the “
Common Shares“) that the Management Team did not already own and the restricted share units of Lipari (“
RSUs”) for cash consideration of CAD$0.48 per Common Share and CAD$0.48 per RSU. [
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It wasn’t exactly destined that Michael Starzer would grow up and become a successful oil and gas company executive. But, it was pretty close. The enthusiastic and colorful Bonanza Creek president and CEO admits that his exposure to the industry early in his life did play a key role in his career choice. “I first went to Alaska on a trip when I was about 4 and loved it. Then we moved there (from Tulsa, Okla.) when I was in the third grade,” said Starzer during a recent interview. [
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Miller Energy Resources Inc., Huntsville, Tenn., said production from the Osprey platform in Alaska’s Cook Inlet is producing at more than 2,500 boe/d as the result of the RU-5B sidetrack well being brought online at 250 b/d of oil. Oil cut is improving daily, and the well had been producing 100% water before the sidetrack was drilled, the company said. Final measured depth of the sidetrack is 15,750 ft. Following the RU-5B completion, Rig 35 was skidded to the RU-D1 disposal well location and a work-over successfully completed. [
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Tags: Climate, Energy, Oil and Gas