Agoracom: Small Cap Investment - Compton Petroleum Corporation - Natural Gas prices have firmed and risen today

Welcome To The Compton Petroleum Corporation HUB On AGORACOM

Compton Petroleum Corporation is an independent, public company actively engaged in the exploration, development, and production of natural gas, natural gas liquids, and crude oil in the Western Canada Sedimentary Basin.

Dear Agoracom Family,

I want to thank all of you for your patience with us over the past 48 hours and apologize for what was admittedly a botched launch of our new site.

As you can see, we have reverted back to the previous version of the site while we address multiple forum functionality flaws that inexplicably made their way into the launch.

To this end:

1.We have identified 8 fundamental but easily fixable flaws that will be corrected in the coming week, so that you can continue to use the forums exactly as you've been accustomed to.

2.Additionally we will also be implementing a couple of design improvements to "tighten up" the look and feel of the forums.

Sincerely,

George et al

Reply New Message

Back To Forum List View

Operations1

Rank: President [?]

Points: 1637 [?]

Votes: 51 Score: 3.5 [?]

Your Vote:

Please Log In to Vote

Did you know? You can earn activity points by filling your profile with information about yourself (what city you live in, your favorite team, blogs etc.)

Natural Gas prices have firmed and risen today

posted on Jul 15, 2010 12:34PM

Below information is from Compton’s Press Release dated today.

Compton closes final $35 million asset sale transaction

Canada NewsWire

CALGARY, July 15 /CNW/ - Compton Petroleum Corporation (TSX - CMT) is pleased to announce that it has completed the final portion of the sales transactions from its previously announced disposition of a portion of its assets in the Niton and Gilby areas in Central Alberta. Proceeds from this transaction were $35 million. FirstEnergy Capital Corp. acted as a financial advisor to Compton with respect to the asset sale.

Gross proceeds from the two sales transactions were $150 million, including those from the first sales which closed at the end of June. Proceeds will be used to reduce outstanding indebtedness and provide additional capital for Compton's 2010 development program

I noticed that Natural Gas prices have firmed and risen today just after the announcement,,,,,,is there a coincidence?

Reply New Message

Back To Forum List View

Please to post a reply