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Penn America Energy (PAE) is a project-development company proposing an LNG export facility on Pennsylvania`s Delaware River. Called Penn LNG, this facility would export chilled natural gas (6.5 million tonnes annually) and be a "first" for Pennsylvania, with many advantages. The unique location of this project distinguishes Penn LNG in two cost-competitive ways. First, it is closer (within 100 to 300 miles) of the vast, low-cost Marcellus and Utica natural gas resources. And second, compared to U.S. Gulf Coast projects, it offers shorter shipping distances to Europe and many other key world LNG markets. The Delaware River ship channel has just been deepened, to enable the region`s full participation in global marine commerce. Started by a native of Pennsylvania, PAE is a team of experienced global commodity and energy professionals. We came together as a company in 2015. Our goal was to unlock more value from Pennsylvania`s newfound natural gas bounty, to benefit our investors and the communities where we would operate. Our No. 1 commitment is to plan, build and operate a facility that is safe, environmentally responsible and directly benefits the local community. The project has an eight-year timeline, including three years of comprehensive public participation and regulatory review. With startup slated for 2024, the Penn LNG project is well timed to commence LNG deliveries when global supply and demand are expected to rebalance. We are currently raising development funding for this project. We think Penn LNG offers an outstanding opportunity for investors, the Commonwealth of Pennsylvania and the local community. Learn more about the PAE team, our project and our commitment to safety, environment and the community at our company website.
Goodrich Petroleum Corporation is an independent exploration and production company engaged in the exploitation, development and production of crude oil and natural gas primarily in the Tuscaloosa Marine Shale (“TMS”) in Eastern Louisiana and Southwestern Mississippi, the oil-window of the Eagle Ford Shale trend in South Texas and the Haynesville Shale in Northeast Texas and Northwest Louisiana. Due to the current natural gas price environment, we are concentrating the vast majority of our exploitation and development efforts on existing leased acreage, primarily within the Tuscaloosa Marine and Eagle Ford Shale formations, that are both prospective for crude oil. The Company owns working interests in 260 producing oil and natural gas wells located in 43 fields in eight states. At December 31, 2014, we had estimated proved reserves of approximately 273.7 Bcfe, comprised of 104.8 Bcf of natural gas, 1.0 MMBbls of NGLs and 27.1 MMBbls of crude oil and condensate. Goodrich Petroleum Corporation is publically traded and listed on the New York Stock Exchange under the ticker GDP.
KONGSBERG is an international, knowledge-based group that supplies high-technology systems and solutions to customers engaged in the oil and gas industry, the merchant marine, and the defence and aerospace industries.
Red Cedar Gathering Company is a Durango, CO-based company in the Energy and Utilities sector.
Ricochet Fuel Distributors Inc. is a Euless, TX-based company in the Energy and Utilities sector.