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Peak Oil to go public - $55 Million IPO

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Peak Oil to go public - $55 Million IPO

Unread postby Pops » Wed 30 Jun 2010, 12:05:39

$this->bbcode_second_pass_quote('', 'P')ERTH-BASED Peak Oil and Gas is planning a $55 million initial public offering next quarter.

Funds raised will be used to restart an offshore oilfield in The Philippines.

WSJ
:)
The legitimate object of government, is to do for a community of people, whatever they need to have done, but can not do, at all, or can not, so well do, for themselves -- in their separate, and individual capacities.
-- Abraham Lincoln, Fragment on Government (July 1, 1854)
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Re: Peak Oil to go public - $55 Million IPO

Unread postby vtsnowedin » Thu 01 Jul 2010, 08:12:10

Very interesting. I wonder what the Philippine governments policies and stabilities effect on investor confidence will be.
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