True North Energy Cp (TNEN) 0.0016 $TNEN
True North Energy Expands Opportunity Pool
PR Newswire - Tue Jun 10, 10:30PM CDT
True North Energy Corp. ("True North"
(OTC Pink: TNEN) is pleased to announce that it plans to segregate its existing overriding royalty interests (ORRIs) in the Cook Inlet and Beaufort Sea areas of Alaska and northwest Colorado, into a new subsidiary and plans to pursue additional acquisitions, funding permitting. In addition, the company has established a wholly-owned Hong Kong subsidiary, Marco Capital Limited. Headquartered in Hong Kong, Marco Capital Limited is planned to explore emerging market, including China, opportunities in various industries. CEO Gilbert Steedley states, "This investment diversification is in the best interest of the shareholders as it exposes the company to a wide range of opportunities. We feel very confident these strategic moves and continuation of our business plan, funding permitting, will allow us to increase shareholder value."
Death of a Director - Randolph Clay Aldridge
Filing Services Canada - Wed Feb 26, 7:35AM CST
Jadela Oil Corp. (JOC - TSX Venture), with a sad heart wishes to announce the death Mr. Aldridge on February 21, 2014. Mr. Aldridge worked in the oil industry for over 37 years. He has served as a director of several companies, both public and private, including Terasen Inc., a publicly traded Vancouver, Canada headquartered pipeline and utility business (acquired by Houston's Kinder Morgan in 2005), Abraxas LLC (an affiliate of Abraxas Petroleum) from 2007 to 2009, Husky Oil Holdings and Husky Oil Toledo, subsidiaries of Husky Energy of Calgary, Canada from March 2008 and Jadela Oil Corp from June 2011. From 1980 to 2003, Mr. Aldridge served in a number of project management, marketing and leadership positions with Koch Industries, a diversified, privately held energy and trading company. In 1998, Mr. Aldridge led the initial public offering of Koch Pipelines, LP (the company's Canadian pipeline business) and served as its Chairman until October 2002. Mr. Aldridge was President of Koch Petroleum Canada, Chairman of True North Energy Corp and overall leader of Koch's other Canadian businesses, including its very successful exploration and production group. Mr. Aldridge was on the Board of Directors of the Canadian Association of Petroleum Producers and the Board of Directors, Alberta Chamber of Resources. From 1995 to 1998, Mr. Aldridge was President of Koch Oil Co., US and Koch Oil International in Wichita, KS. Koch was the one of the largest crude oil purchasing and gathering company in the United States. Mr. Aldridge had a BS degree in Chemical Engineering from Texas A&M University and an MS degree in International Management Science from the University of Texas at Dallas. Mr. Aldridge was a US Navy officer and carrier based pilot during the Vietnam War. Mr. Aldridge will be given a full military burial service on Monday March 3, 2014 in San Antonio, Texas.
True North Energy Corporation Signs Letter of Intent (LOI) to raise up to $5 million in Growth Capital from Southridge Partners II, LP
PR Newswire - Wed Dec 18, 12:29PM CST
True North Energy Corp. ("True North" (OTC Pink: TNEN) today announced that it has signed a letter of intent (LOI) with Southridge Partners II, LP, ("Southridge" , an institutional investor, outlining terms for an equity purchase agreement (EPA) in the amount of $5 million, which if funded, will create significant growth capital for True North.
True North Energy Expands Opportunity Pool
PR Newswire - Tue Jun 10, 10:30PM CDT
True North Energy Corp. ("True North"
(OTC Pink: TNEN) is pleased to announce that it plans to segregate its existing overriding royalty interests (ORRIs) in the Cook Inlet and Beaufort Sea areas of Alaska and northwest Colorado, into a new subsidiary and plans to pursue additional acquisitions, funding permitting. In addition, the company has established a wholly-owned Hong Kong subsidiary, Marco Capital Limited. Headquartered in Hong Kong, Marco Capital Limited is planned to explore emerging market, including China, opportunities in various industries. CEO Gilbert Steedley states, "This investment diversification is in the best interest of the shareholders as it exposes the company to a wide range of opportunities. We feel very confident these strategic moves and continuation of our business plan, funding permitting, will allow us to increase shareholder value." Death of a Director - Randolph Clay Aldridge
Filing Services Canada - Wed Feb 26, 7:35AM CST
Jadela Oil Corp. (JOC - TSX Venture), with a sad heart wishes to announce the death Mr. Aldridge on February 21, 2014. Mr. Aldridge worked in the oil industry for over 37 years. He has served as a director of several companies, both public and private, including Terasen Inc., a publicly traded Vancouver, Canada headquartered pipeline and utility business (acquired by Houston's Kinder Morgan in 2005), Abraxas LLC (an affiliate of Abraxas Petroleum) from 2007 to 2009, Husky Oil Holdings and Husky Oil Toledo, subsidiaries of Husky Energy of Calgary, Canada from March 2008 and Jadela Oil Corp from June 2011. From 1980 to 2003, Mr. Aldridge served in a number of project management, marketing and leadership positions with Koch Industries, a diversified, privately held energy and trading company. In 1998, Mr. Aldridge led the initial public offering of Koch Pipelines, LP (the company's Canadian pipeline business) and served as its Chairman until October 2002. Mr. Aldridge was President of Koch Petroleum Canada, Chairman of True North Energy Corp and overall leader of Koch's other Canadian businesses, including its very successful exploration and production group. Mr. Aldridge was on the Board of Directors of the Canadian Association of Petroleum Producers and the Board of Directors, Alberta Chamber of Resources. From 1995 to 1998, Mr. Aldridge was President of Koch Oil Co., US and Koch Oil International in Wichita, KS. Koch was the one of the largest crude oil purchasing and gathering company in the United States. Mr. Aldridge had a BS degree in Chemical Engineering from Texas A&M University and an MS degree in International Management Science from the University of Texas at Dallas. Mr. Aldridge was a US Navy officer and carrier based pilot during the Vietnam War. Mr. Aldridge will be given a full military burial service on Monday March 3, 2014 in San Antonio, Texas.
True North Energy Corporation Signs Letter of Intent (LOI) to raise up to $5 million in Growth Capital from Southridge Partners II, LP
PR Newswire - Wed Dec 18, 12:29PM CST
True North Energy Corp. ("True North"
(OTC Pink: TNEN) today announced that it has signed a letter of intent (LOI) with Southridge Partners II, LP, ("Southridge" , an institutional investor, outlining terms for an equity purchase agreement (EPA) in the amount of $5 million, which if funded, will create significant growth capital for True North. 
