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Venoco seeks OK to redrill Platform Holly wells

By   /  Friday, May 15th, 2015  /  Latest news, Top Stories  /  Comments Off on Venoco seeks OK to redrill Platform Holly wells

Denver-based oil company Venoco believes it can draw an additional 60 million barrels of oil from wells already in place on Platform Holly in the Santa Barbara Channel. It just has to drill deeper. The wells would also extend into portions of the South Ellwood Oil Field, where Venoco’s lease with the California State Land Read More →

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Venoco founder closes deal to take firm private

By   /  Thursday, October 4th, 2012  /  Latest news, Tri-County Public Companies  /  Comments Off on Venoco founder closes deal to take firm private

With $471 million in financing, Venoco founder Tim Marquez is taking the oil and gas company he founded private more than a year after his bid to buy up the 49 percent of the company he doesn’t already own. Venoco, which is based in Denver but has significant operations on the South Coast, announced the Read More →

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Venoco chief gets more time to find $400M

By   /  Wednesday, July 25th, 2012  /  Banking & Finance, Latest news, Tri-County Public Companies  /  Comments Off on Venoco chief gets more time to find $400M

[wikichart align=”right” ticker=”NYSE:VQ” showannotations=”true” livequote=”true” startdate=”25-01-2012″ enddate=”25-07-2012″ width=”300″ height=”245″] Venoco founder Tim Marquez has been given a second extension until Aug. 31 to tell shareholders how he plans to come up with as much as $400 million to take his company private. The Denver-based oil company has large operations on the South Coast and was Read More →

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Venoco shareholders approve CEO takeover bid

By   /  Friday, June 8th, 2012  /  Banking & Finance, Top Stories, Tri-County Public Companies  /  Comments Off on Venoco shareholders approve CEO takeover bid

Venoco CEO Tim Marquez, a former petroleum engineer, has proven that he has the shareholder votes to take his company private. But does he have the money? The question came into sharp focus on June 5, when Venoco shareholders approved Marquez’s bid to buy the 49 percent of the company’s shares he doesn’t already own Read More →

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Venoco shareholders approve CEO’s takeover bid

By   /  Tuesday, June 5th, 2012  /  Banking & Finance, Tri-County Public Companies  /  Comments Off on Venoco shareholders approve CEO’s takeover bid

[wikichart align=”right” ticker=”NYSE:VQ” showannotations=”true” livequote=”true” startdate=”05-12-2011″ enddate=”05-06-2012″ width=”300″ height=”245″] [Editor’s Note: Correction appended below.] Venoco shareholders have approved CEO Tim Marquez’s bid to take the company private despite the fact that he has yet to give details on how he would gather the nearly $400 million in financing to close the deal. After the June Read More →

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Editorial: The new faces of philanthropy

By   /  Monday, November 22nd, 2010  /  Editorials, Opinion  /  Comments Off on Editorial: The new faces of philanthropy

The Santa Barbara Community Foundation and local businesses are launching a Corporate Philanthropy Roundtable designed to connect employers and community organizations in new and exciting ways.

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