April 8, 2024
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Santa Maria Energy shelves $79M going-public deal

By   /  Friday, May 2nd, 2014  /  Central Coast, Top Stories, Tri-County Economy  /  Comments Off on Santa Maria Energy shelves $79M going-public deal

A $79 million merger that would have taken Santa Maria Energy public has been called off after its financiers couldn’t gather the votes to pass it.

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Hyde Park Acquisition deal delay clouds Santa Maria Energy’s plans

By   /  Friday, April 25th, 2014  /  Banking & Finance, Central Coast, Top Stories, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Hyde Park Acquisition deal delay clouds Santa Maria Energy’s plans

Hyde Park’s investors spurned the Santa Maria Energy deal, at least for now. Sixty-seven percent voted to push the final vote on the merger back to April 30, signaling there were not enough votes to approve the deal outright.

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Editorial: Ukrainian crisis illustrates power of the free market

By   /  Friday, March 7th, 2014  /  Editorials, Opinion  /  Comments Off on Editorial: Ukrainian crisis illustrates power of the free market

The “markets matter” lesson should not be lost on some of the most left-leaning members of the Democratic party, who may find themselves on the wrong side of history when it comes to America’s resurgent energy markets.

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Ceres files for $20M offering

By   /  Friday, January 24th, 2014  /  Agribusiness, Banking & Finance, East Ventura County, Green Coast, Latest news, Top Stories, Tri-County Public Companies  /  Comments Off on Ceres files for $20M offering

The Thousand Oaks-based firm said it would like to use the proceeds from the public offering to expand its Brazilian operations, participate in collaborations and break into new markets.

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Five tri-county economic trends we’ll be watching in the New Year

By   /  Friday, January 3rd, 2014  /  Columns, Opinion  /  Comments Off on Five tri-county economic trends we’ll be watching in the New Year

Conventional wisdom holds that with a federal budget in hand, a financial system on the mend, rising housing prices and steady job growth, 2014 ought to be a pretty darn good year.

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California Energy Commission awards grants to two regional research projects

By   /  Monday, December 23rd, 2013  /  East Ventura County, Latest news, Technology  /  Comments Off on California Energy Commission awards grants to two regional research projects

Ron Pretlac of GreenTech Motors Corp. in Westlake Village and Peter Jardine of Shape Change Technologies in Thousand Oaks will receive almost $95K each from the Energy Innovations Small Grant Program.

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Outside funds fuel county’s energy boom

By   /  Friday, December 13th, 2013  /  Central Coast, South Coast, Top Stories, Tri-County Economy  /  Comments Off on Outside funds fuel county’s energy boom

Santa Maria Energy’s deal to go public and bring its total funds raised to date to an estimated $90 million caps a flurry of renewed investment and activity in Santa Barbara County’s oil fields, both onshore and offshore. In addition to 136 wells that Santa Maria Energy has planned, Denver-based Venoco has proposals before regulators Read More →