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Venoco’s Ellwood pipeline approved

By   /  Tuesday, September 13th, 2011  /  Banking & Finance, Latest news, Tri-County Public Companies  /  Comments Off on Venoco’s Ellwood pipeline approved

Venoco said Sept. 12 that it has received final approval to build an 8.5-mile pipeline to transport crude oil from its South Ellwood field, off the coast of Goleta, to the shore. “After almost three years in the permitting process, we are very pleased to announce we are ready to begin construction of this pipeline, Read More →

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Venoco sued over CEO’s offer

By   /  Friday, September 2nd, 2011  /  Banking & Finance, Law, Top Stories, Tri-County Public Companies  /  Comments Off on Venoco sued over CEO’s offer

A shareholder of Venoco has filed a lawsuit to block a proposal by the CEO of the oil and gas company to buy the half of the company he doesn’t already own, alleging that the proposed buyback undervalues the firm. Tim Marquez, the CEO and president of Venoco, has offered $12.50 per share to buy Read More →

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Venoco CEO offers to take firm private

By   /  Monday, August 29th, 2011  /  Latest news  /  Comments Off on Venoco CEO offers to take firm private

[EDITOR’S NOTE: There’s an updated version of this story: “Venoco sued over CEO’s offer“] The CEO of oil and gas company Venoco wants to take the company private in a proposed buyback deal that would value the entire company at $734 million. Denver-based Venoco said Aug. 29 that CEO and Chairman Tim Marquez has offered 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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Venoco drops Ellwood drilling plans

By   /  Wednesday, November 17th, 2010  /  Latest news  /  Comments Off on Venoco drops Ellwood drilling plans

Venoco has dropped its plans to expand oil drilling from its Platform Holly off the coast of Santa Barbara County. In a brief letter sent to the California State Lands Commission on Nov. 9 and widely circulated by environmental groups on Nov. 16, Venoco said it “hereby withdraws its application for its Ellwood Full Field Read More →

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