SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Canadian Oil & Gas Companies

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Kerm Yerman who wrote (8777)3/31/2002 7:12:17 PM
From: Richard Saunders  Read Replies (1) of 24922
 
Kerm - back posting? Hope that's an indicator of possible interest and demand for some oilpatch product between now & year end. Welcome back.

Your questions re: Birchill Energy. Maybe you mean private Birchill Resources? That name appears periodically in land sales and they also have been involved with a few public situations including THY Thunder, SRI Saddle and RSA Rosetta. President is Colin Boyer who is also on THY and SRI board. Previous pres. was Curt Hartzler and he's on some advisory board for Rosetta.

Another possible new name to watch for? Rock Creek Resources Ltd.

Recently a quick skim through new filings at SEDAR was made and a prelim. prospectus for a thing called Rock Creek Resources Ltd. was noticed. It appeared the thing was still being priced and is sponsored by institutional-focussed Griffiths McBurney brokerage. Verify however the intent appeared to indicate hopes to raise $8mil. in A/B shares. Not really a lot in one sense but still respectable for a startup.

sedar.com

A name from the past -- private Brymore Exploration Ltd. That situation completed a reverse takeover of an old VSE situation and then moved to the Alta. Exchange on May 18, 1995 with symbol BXL. A year later the name changed to BXL Energy Ltd. and then in the fall of '99 BXL Energy moved to the TSE. In June of 2001 Viking Energy Royalty Trust acquired BXL, which was producing approx. 2,700 boepd, in a deal valued at just under $100mil.

Back to the Rock Creek prelim. filing. Some of the people parts caught my eye including some tie-ins to previous BXL Energy. Rock Creek also has some Trust FarmIn Agreement that appears to be on some old BXL properties at Gift, Littlehorse and Rendall. There is also some j.v. agreement with Tempest Energy. (TMY.a & .b - cdnx)

Some of the names shown re: Rock Creek -- CEO Daryl Connolly and Pres./COO Mickey Taylor. Both were at Tikal which was sold late last year to BEC-tse Belair. Taylor had been VP Engineering at BXL. Connolly started Tikal in '98 and prior to that had started HCO Energy in the 1980s with $100k seed capital and then sold it in 1997 for $260mil. to Pinnacle Resources. Pinnacle was taken out by Renaissance which was taken over by today's HSE-tse Husky.

Indicated vp explore for Rock Ck. is some guy who was also Exploration VP at BXL, John Ostrom.

Tempest Energy is a thing started by the same people who started and then sold Tier One to Northrock (now Unocal). A couple co-founders included lawyer Harley Winger and oilpatch P.Eng. Scott Dawson who also had been Engineering Mgr. at HCO in the mid-late 80s. Winger is on the Rock Creek board of directors.

I don't know Rock Creek's symbol or when the thing will list but based on some of the names as well as sponsoring brokerage, etc. Rock Creek may be one to watch for down the road?..... Griffiths has an uncanny knack of sometimes positioning early in things that tend to later work out quite well.

Another tangent -- noticed a month or so ago that the ex-pres. of BXL and one of the co-founders Bruce McIntyre (other was the cfo Makinson now over at Milagro MIG) sold his private co. to TRI-tse TriQuest and will remain on as a consultant to TRI.

Happy hunting.......
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext