Gulfmark Energy Group Inc. of San Antonio, TX, said it has obtained financing from Notre-Dame Capital Inc. of Montreal to support development of its Eagle Ford Shale assets. The company said it intends to drill through the Escondido, Olmos, San Miguel, Austin Chalk and Eagle Ford formations. “We have yet to assess all of the undeveloped potential opportunities to expand our operations utilizing horizontal wells with multi-stage fracturing technologies,” said CEO Michael Ward. “Multiple targets have been identified; however, several other opportunities are currently under evaluation and analysis. This financing will allow us to explore all resources available in our current asset base.” Gulfmark operations are currently focused on western South Texas. Terms of the financing were not disclosed.
Dame
Articles from Dame
PG&E Fights Toxins in Gas Stream, Movie Fallout
The recent Oscar winners have nothing on San Francisco’svenerable Gran Dame of combination energy utilities, Pacific Gasand Electric Co., whose film career and notoriety seem destined towin increasing Hollywood scrutiny if not gold statuettes.
April 3, 2000
PG&E Fights Toxin in Gas Stream, Movie Fallout
Sunday’s Oscar winners have nothing on San Francisco’s venerableGran Dame of combination energy utilities, Pacific Gas and ElectricCo., whose film career and notoriety seem destined to winincreasing Hollywood scrutiny if not gold statuettes.
March 28, 2000
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