Since 1977 Ocean Pacific Capital has provided oil & gas industry clients with customized oil & gas joint venture solutions to solve challenges and meet financial goals. Our dedicated team of energy specialists understand the unique challenges facing oil professionals in today's lower priced market.
Our clients range from early stage operators who have little or no existing production and are seeking an oil & gas joint venture to drill wells, re-work existing wells or acquire production, to larger established oil companies with significant existing production that are seeking a joint venture partner for additional acquisitions or to replace existing debt.
Please contact us right away and our team together with our strategic partners will quickly assess your situation and can move quickly to structure an oil & gas joint venture drilling program and/ or joint venture acquisition that will create high levels of mutual value.
At the current time we are considering all oil & gas opportunities domestic and abroad.
Don't hesitate to call us today.
Whatever
your financing needs,
we will tailor a loan that's right for you.
Daily Oil & Gas and Wall Street Journal News
9/20/20
Wellesley Petroleum AS drilled a dry hole in North Sea production license 829, about 75 km north of Gjøa field and 60 km northwest of Florø in 211 m of water.
BW Energy provided an alternative development plan for Hibiscus-Ruche, in the Dussafu Marin permit and associated Ruche Exclusive Exploitation Area offshore Gabon.
Theia Energy has entered a land use agreement with the Karajarri Traditional Lands Association enabling the company to move forward with its unconventional oil and gas exploration plans in the onshore Canning basin permit EP 493.
Triangle Energy (Global) Ltd., Perth, has raised $2.2 million (Aus.) through a share placement and intends to raise a further $1 million via a share purchase plan to current shareholders.
Wall Street Journal
Commercial News
9/20/20
WSJ.com: US Business
TikTok Deal Faces Questions Over Security, Ownership An emerging deal to make China?s popular TikTok app a U.S.-based company stands to reshape the social-media landscape, even as questions persisted Sunday over security concerns and ownership of the new company.
China Has Reasons to Like TikTok's Trump-Approved Deal A White House-approved plan to transform TikTok into a U.S.-based company would keep the operation of the viral short-video app, and likely the algorithm that has powered its rise, in Chinese hands. This structure improves the deal?s chances of finding favor in Beijing, which had threatened to veto a sale.
WeChat Ban Blocked by Federal Judge in Ruling Against Trump Administration A federal judge temporarily blocked the Trump administration?s executive order curbing Americans? use of WeChat, agreeing with free-speech arguments raised by users of the popular Chinese-owned messaging and e-commerce app.
Meat Was Once in Short Supply. Now, It's on Sale. Prices for meat are falling at grocery stores as last spring?s shortages fade and livestock clog farms, benefiting consumers but hurting meatpackers and farmers already hit by Covid-19 disruptions.
CEOs Start to Place Big Bets as Pandemic Grinds On As the coronavirus?s spread continues in the U.S. and abroad, businesses have concluded they?ll coexist with it for some time. So they are reviving stalled operational plans, changing leaders and reissuing financial targets.
Pandemic Threatens to Widen Racial Homeownership Gap The housing market has led the recovery from the pandemic-induced economic downturn as Americans have rushed to buy homes, but some analysts warn it may widen the longstanding gap in homeownership between Black and white Americans.
Jobless Rates in Northeast, West Are Highest in Nation Unemployment rates in regions across the U.S. moved down this summer after peaking in April, when the coronavirus first triggered widespread lockdowns. Still, jobless rates clocked in above 10% in 10 states.
BRE #:00619059
Charles Elfsten, President
Charles A. Elfsten
