Tag: Gas CompanySort
The December 1991 collapse of the USSR was an unmitigated disaster for all 15 nations emerging from the desiccated carapace of the Soviet Union.
Now, like a plate of mercury smashed with a hammer, rivulets of the former USSR member state’s energy assets two decades later are trickling back under the control and influence of Eurasia largest energy concern, Gazprom.
Source CRWESelect : STWD, DLKM.OB, RPM, ORFG.PK, TLM, - Starwood Property Trust, Douglas Lake Minerals Inc., RPM International
Starwood Property Trust, Inc. (NYSE:STWD) has completed the sale of 23,000,000 shares of its common stock, including 3,000,000 shares sold pursuant to the exercise in full of the underwriters' over-allotment option, at a price of $19.73 per share. The net proceeds of the sale were approximately $434.8 million after the underwriting discount and estimated offering expenses.
The next big thing is here in the Canadian oil patch.
I wrote a few weeks ago that a number of new Alberta and Saskatchewan petroleum plays are being poked at using multi-stage fracturing technology. One being the Cardium oil play of western Alberta.
The Cardium went "prime time" this week.