Quantum Energy Inc (QEGY) 0.8800 $QEGY
Quantum Energy Receives Refinery Funding Conditional Commitment Letter
Marketwire - Tue Apr 22, 6:31AM CDT
Quantum Energy, Inc. (PINKSHEETS: QEGY), announced today that it has received a Conditional Commitment Letter from NBM Strategic Capital and its Grey Fox private equity arm for the $250 million dollar projected cost to construct the Fairview Refinery in East Fairview, North Dakota. "Grey Fox informed us that we have completed 23 of their 25 steps to funding and has provided Quantum with its Conditional Commitment Letter for the entire $250 million dollar construction cost. We have several other funding sources that are equally as encouraging and in various stages of commitment documents. The NBM/Grey Fox letter is a priority at the moment," said CEO Andrew Kacic.
Quantum Energy Expands Fairview Refinery Site, Begins Conditional Use Permit Process
Marketwire - Tue Apr 01, 11:27AM CDT
Quantum Energy, Inc. (PINKSHEETS: QEGY) announced today that an agreement in principal has been reached with Northstar Transload LLC to increase the number of acres to be acquired by Quantum from 80 cares to 122 plus acres. The increased acres will accommodate future refinery related plans for the proposed Fairview Refinery in East Fairview, North Dakota.
Quantum Energy Announces New CEO, Plans to Capture CO2 for Enhanced Oil Recovery and Reducing Volatility by Stripping NGLs
Marketwire - Wed Mar 26, 10:26AM CDT
Quantum Energy, Inc. (PINKSHEETS: QEGY) announced today that Andrew J. Kacic has been named as the new Chief Executive Officer (CEO) and as a member of the board of directors of Quantum.
Quantum Energy Announces Refinery Site Purchase Agreement
Marketwire - Thu Mar 20, 6:31AM CDT
Quantum Energy, Inc. (PINKSHEETS: QEGY), announced today that Quantum has secured a refinery site by signing a Purchase and Sale Agreement with Northstar Transloading LLC to purchase eighty (80) acres adjacent to the Northstar transload in East Fairview, North Dakota for the construction of the Fairview Refinery, a 20,000 barrel per day diesel refinery.
Quantum Energy Seeks CUSIP for BDC
Marketwire - Thu Jan 09, 6:30AM CST
Quantum Energy, Inc. (PINKSHEETS: QEGY), announced that it is moving forward with the acquisition of a Business Development Company (BDC) through the formation of Quantum Funding, Inc. by Data Capital Corp (DCC). "The corporate formation process is nearly complete and a CUSIP number will be sought immediately to identify the securities of the BDC through the Committee on Uniform Securities Identification Procedures," said Stan Wilson Chairman and President of Quantum. The BDC will then make all filings to qualify to raise an initial $5,000,000. To acquire the BDC as a subsidiary with its $5,000,000 on hand, Quantum will issue restricted shares at $0.50 cent per share. "In anticipation of the BDC acquisition and the accompanying funding, Quantum is in discussions with several potential sites to assess the feasibility of developing diesel refineries within and without the Bakken," Wilson said.
Quantum Energy Releases Pricing of BDC Funding
Marketwire - Fri Dec 20, 6:30AM CST
Quantum Energy, Inc. (PINKSHEETS: QEGY), released the pricing of its recently announced $5,000,000 BDC funding to be arranged by Data Capital Corp (DCC) of New York, NY. DCC has agreed to assist Quantum in the formation of a Business Development Company (BDC) by forming Quantum Funding, Inc. as a BDC to raise an initial $5,000,000. Upon receipt of the funding, Quantum Funding, Inc. will then be acquired as a subsidiary by QEGY in a share exchange by which the $5,000,000 subsidiary will be acquired for 10,000,000 shares of newly issued restricted common stock for a valuation that equates to an issuance price of $0.50 cents per share.
Quantum Energy Inc selects Data Capital Corp to facilitate formation of BDC investment vehicle
M2 - Thu Dec 19, 6:15AM CST
Oil & gas exploration company Quantum Energy Inc (PINKSHEETS:QEGY) reported on Wednesday the launch of an Engagement Agreement with Data Capital Corp (DCC) of New York, NY.
Quantum Energy Announces BDC Funding
Marketwire - Wed Dec 18, 6:30AM CST
Quantum Energy, Inc. (PINKSHEETS: QEGY) announced today that it has signed an Engagement Agreement with Data Capital Corp (DCC) of New York, NY to assist Quantum in the formation of a Business Development Company (BDC) as a subsidiary under the Small Business Investment Incentive Act of 1980 ("BDC Act"
, and the Investment Company Act of 1940. Under the Agreement DCC will form Quantum Funding, Inc. as a BDC and make all of the legal and regulatory filings including the N-54a and Form 1-E to raise an initial $5,000,000. Upon receipt of the funding, Quantum Funding, Inc. will then be acquired as a subsidiary by QEGY in a share exchange and move towards the eventual filing of an N-2 Registration Statement to raise even greater amounts of capital.
Quantum Energy Targets Bakken Shale With Field Office and New Management
Marketwire - Thu Dec 05, 8:02AM CST
Quantum Energy, Inc. (PINKSHEETS: QEGY), announced today it has redirected its oil and gas focus from the West Texas Barnett Shale fields to North Dakota with the opening of an office in Williston, North Dakota in the heart of the Bakken formation. "The company has secured the consulting services of Andrew J. Kacic and Advisory Services, Inc. with offices in Williston to assist in identifying oil and gas opportunities in that region," said Stan Wilson, the new Chairman and President of Quantum. "We are impressed with the diesel refinery model being constructed by MDU in Dickinson and believe it can be replicated throughout the Bakken," Wilson said. "Mr. Kacic has recent experience in funding efforts for refineries and we are in discussions with potential refinery sites to assess feasibility," Wilson explained.
Quantum Energy Receives Refinery Funding Conditional Commitment Letter
Marketwire - Tue Apr 22, 6:31AM CDT
Quantum Energy, Inc. (PINKSHEETS: QEGY), announced today that it has received a Conditional Commitment Letter from NBM Strategic Capital and its Grey Fox private equity arm for the $250 million dollar projected cost to construct the Fairview Refinery in East Fairview, North Dakota. "Grey Fox informed us that we have completed 23 of their 25 steps to funding and has provided Quantum with its Conditional Commitment Letter for the entire $250 million dollar construction cost. We have several other funding sources that are equally as encouraging and in various stages of commitment documents. The NBM/Grey Fox letter is a priority at the moment," said CEO Andrew Kacic.
Quantum Energy Expands Fairview Refinery Site, Begins Conditional Use Permit Process
Marketwire - Tue Apr 01, 11:27AM CDT
Quantum Energy, Inc. (PINKSHEETS: QEGY) announced today that an agreement in principal has been reached with Northstar Transload LLC to increase the number of acres to be acquired by Quantum from 80 cares to 122 plus acres. The increased acres will accommodate future refinery related plans for the proposed Fairview Refinery in East Fairview, North Dakota.
Quantum Energy Announces New CEO, Plans to Capture CO2 for Enhanced Oil Recovery and Reducing Volatility by Stripping NGLs
Marketwire - Wed Mar 26, 10:26AM CDT
Quantum Energy, Inc. (PINKSHEETS: QEGY) announced today that Andrew J. Kacic has been named as the new Chief Executive Officer (CEO) and as a member of the board of directors of Quantum.
Quantum Energy Announces Refinery Site Purchase Agreement
Marketwire - Thu Mar 20, 6:31AM CDT
Quantum Energy, Inc. (PINKSHEETS: QEGY), announced today that Quantum has secured a refinery site by signing a Purchase and Sale Agreement with Northstar Transloading LLC to purchase eighty (80) acres adjacent to the Northstar transload in East Fairview, North Dakota for the construction of the Fairview Refinery, a 20,000 barrel per day diesel refinery.
Quantum Energy Seeks CUSIP for BDC
Marketwire - Thu Jan 09, 6:30AM CST
Quantum Energy, Inc. (PINKSHEETS: QEGY), announced that it is moving forward with the acquisition of a Business Development Company (BDC) through the formation of Quantum Funding, Inc. by Data Capital Corp (DCC). "The corporate formation process is nearly complete and a CUSIP number will be sought immediately to identify the securities of the BDC through the Committee on Uniform Securities Identification Procedures," said Stan Wilson Chairman and President of Quantum. The BDC will then make all filings to qualify to raise an initial $5,000,000. To acquire the BDC as a subsidiary with its $5,000,000 on hand, Quantum will issue restricted shares at $0.50 cent per share. "In anticipation of the BDC acquisition and the accompanying funding, Quantum is in discussions with several potential sites to assess the feasibility of developing diesel refineries within and without the Bakken," Wilson said.
Quantum Energy Releases Pricing of BDC Funding
Marketwire - Fri Dec 20, 6:30AM CST
Quantum Energy, Inc. (PINKSHEETS: QEGY), released the pricing of its recently announced $5,000,000 BDC funding to be arranged by Data Capital Corp (DCC) of New York, NY. DCC has agreed to assist Quantum in the formation of a Business Development Company (BDC) by forming Quantum Funding, Inc. as a BDC to raise an initial $5,000,000. Upon receipt of the funding, Quantum Funding, Inc. will then be acquired as a subsidiary by QEGY in a share exchange by which the $5,000,000 subsidiary will be acquired for 10,000,000 shares of newly issued restricted common stock for a valuation that equates to an issuance price of $0.50 cents per share.
Quantum Energy Inc selects Data Capital Corp to facilitate formation of BDC investment vehicle
M2 - Thu Dec 19, 6:15AM CST
Oil & gas exploration company Quantum Energy Inc (PINKSHEETS:QEGY) reported on Wednesday the launch of an Engagement Agreement with Data Capital Corp (DCC) of New York, NY.
Quantum Energy Announces BDC Funding
Marketwire - Wed Dec 18, 6:30AM CST
Quantum Energy, Inc. (PINKSHEETS: QEGY) announced today that it has signed an Engagement Agreement with Data Capital Corp (DCC) of New York, NY to assist Quantum in the formation of a Business Development Company (BDC) as a subsidiary under the Small Business Investment Incentive Act of 1980 ("BDC Act"
, and the Investment Company Act of 1940. Under the Agreement DCC will form Quantum Funding, Inc. as a BDC and make all of the legal and regulatory filings including the N-54a and Form 1-E to raise an initial $5,000,000. Upon receipt of the funding, Quantum Funding, Inc. will then be acquired as a subsidiary by QEGY in a share exchange and move towards the eventual filing of an N-2 Registration Statement to raise even greater amounts of capital. Quantum Energy Targets Bakken Shale With Field Office and New Management
Marketwire - Thu Dec 05, 8:02AM CST
Quantum Energy, Inc. (PINKSHEETS: QEGY), announced today it has redirected its oil and gas focus from the West Texas Barnett Shale fields to North Dakota with the opening of an office in Williston, North Dakota in the heart of the Bakken formation. "The company has secured the consulting services of Andrew J. Kacic and Advisory Services, Inc. with offices in Williston to assist in identifying oil and gas opportunities in that region," said Stan Wilson, the new Chairman and President of Quantum. "We are impressed with the diesel refinery model being constructed by MDU in Dickinson and believe it can be replicated throughout the Bakken," Wilson said. "Mr. Kacic has recent experience in funding efforts for refineries and we are in discussions with potential refinery sites to assess feasibility," Wilson explained.
