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Penn Octane Corporation

Penn Octane Corporation

Penn Octane has taken its foot off the gas (liquefied petroleum gas, or LPG), and throttled back on the octane. Penn Octane Corporation has no assets other than its role as 75% owner and manager of Rio Vista GP LLC, the general partner of pipeline and terminal company Rio Vista Energy Partners. Once a provider of LPG transportation and storage services, in 2006 Penn Octane sold its LPG assets to TransMontaigne Product Services, a wholly owned subsidiary of TransMontaigne, for $9.8 million, to pay down debt. Penn Octane Corporation also exited its gasoline and diesel fuel reseller operations in 2008 to further pay down expenses. Former chairman Jerome Richter controls about 28% of the company.

IBERDROLA RENEWABLES, Inc.

IBERDROLA RENEWABLES, Inc.

IBERDROLA RENEWABLES (formerly PPM Energy) is a real power player in the energy industry. Part of IBERDROLA RENOVABLES global network, IBERDROLA RENEWABLES develops cogeneration power plants and wind farms; IBERDROLA RENEWABLES, Inc. has generating capacity of more than 3,100 MW in operation and more than 23,000 under construction or in the product pipeline, primarily in the Midwest and western US. IBERDROLA RENEWABLES also markets wholesale energy and offers risk and asset management services. The company's customers include public and private utilities, industrial companies, and other energy marketers. IBERDROLA RENEWABLES, Inc. holds the nonregulated North American operations of Scottish Power (acquired by IBERDROLA in 2007).

Farstad Oil, Inc.

Farstad Oil, Inc.

Farstad Oil, Inc. is a company that provides multi-state supply and distribution of refined petroleum products, including gasoline, distillates, propane and lubricating oils. Farstad Oil, Inc. has seen significant growth since its origins nearly 70 years ago. Farstad Oil makes sure that gas stations, lube shops, and propane dealers are well stocked for those living through the cold winters in the Upper Midwest and West. Farstad Oil is a regional wholesale petroleum products distributor, serving customers in North Dakota, Montana, Minnesota, and Wyoming. Farstad Oil, Inc., a subsidiary of holding company SPF Energy, wholesales about 250 million gallons of gas and fuel, 20 million gallons of propane, and 2.5 million gallons of lubricants each year. Farstad Oil, Inc. Minot operation is the largest lubricant plant in the region.

China HuaNeng Group

China HuaNeng Group

China Huaneng Group (CHNG) is one of China's five largest power conglomerates. China Huaneng Group oversees the national government's interests in 10 subsidiaries, including a 51% stake in Huaneng Power International. Through subsidiaries it develops and operates more than 85 thermal and hydro power plants. In addition to its power-generation business, China Huaneng Group plans to enter other sectors, including finance, transportation, information technology, and renewable energy. In 2008 CHNG acquired Singapore-based Tuas Power from Temasek Holdings for $4.2 billion.

EGPI Firecreek, Inc.

EGPI Firecreek, Inc.

EGPI Firecreek Inc., is focused on oil and gas production with an emphasis on acquiring existing oil fields with proven reserves and upside potential. EGPI Firecreek, Inc. specializes in the rehabilitation of potentially high throughput oilfields, resource properties and inventories. EGPI Firecreek has refocused on US oil and gas activities. EGPI Firecreek, Inc. produces and sells oil and natural gas from wells in Sweetwater County, Wyoming, and Knox County, Texas. EGPI Firecreek, Inc. had a strategic alliance with Sahara Group, an oil and gas concern with expertise in Eastern Europe, North Africa, Russia, Turkey, and Ukraine, but wound this down in 2008. In 2009 in a diversification move, EGPI Firecreek subsidiary Asian Ventures Corp. acquired M3 Lighting as EGPI Firecreek, Inc. expanded into light and traffic fixture manufacturing.

Linn Energy, LLC

Linn Energy, LLC

Linn Energy, LLC was founded in 2003 and is headquartered in Houston, Texas. Linn Energy, LLC, through its subsidiaries, engages in the development and acquisition of gas and oil properties in the United States. Linn Energy, LLC has oil and gas, and natural gas reserves in Mid-Continent, which includes the Texas Panhandle operating area; and Western region comprising the Brea Olinda field of the Los Angeles Basin in California. As of December 31, 2007 the company had proved reserves of 1,945.5 billion cubic feet equivalent of oil and gas, and natural gas liquids. Linn Energy, LLC also operated 7,305 gross productive wells.

Preem Petroleum AB

Preem Petroleum AB

Swedish oil refining, Saudi ownership. Preem Petroleum, the largest oil refining company in Sweden, operates two refineries and a network of about 500 service stations nationwide. Its refineries, Preemraff Lysekil and Preemraff Gothenburg, process 16 million tons of oil annually, making Preem the largest refiner in the Nordic region. The refining and marketing company purchases about 50% of its crude oil supply from the North Sea and 47% from Russia. It exports about two-thirds of its refined products. Preem is controlled by Saudi Arabian investor Mohammed Hussein Ali Al-Amoudi.

Energas Resources, Inc.

Energas Resources, Inc.

Energas Resources, Inc., Oklahoma oil and natural gas company is dedicated to developing energy projects for everyone's future. Energas is currently working on properties in Kentucky, Oklahoma and Wyoming. Operating through Energas Resources, Inc. A.T. Gas Gathering Systems and TGC subsidiaries, Energas Resources, Inc. is primarily focused on exploring and producing in the Arkoma Basin in Oklahoma, and the Powder River Basin in Wyoming. Energas Resources has proved reserves of 22,143 barrels of oil and 1.9 billion cu. ft. of natural gas. In 2007 Energas Resources, Inc. sold most of its assets in the shallow Devonian Shale natural gas strata in the Appalachian Basin of Kentucky. President George Shaw owns about 24% of the company. Energas Resources, Inc. was incorporated in 1989 and is based in Oklahoma City, Oklahoma.

GeoResources, Inc.

GeoResources, Inc.

GeoResources, Inc. was founded in 2004 and is headquartered in Houston, Texas.GeoResources, Inc., an independent oil and gas company, engages in the acquisition, development, and production of/exploration for crude oil, natural gas, and related products primarily in Texas, Louisiana, Oklahoma, North Dakota, Montana, and Colorado. As of December 31, 2008, the company had estimated proved reserves of approximately 8,793 thousand barrels of oil; and 34,796 million cubic feet of gas. GeoResources, Inc. also had a net acreage of approximately 112,289 developed acres; and 84,162 undeveloped acres, as well as operated 259.2 net productive oil wells; and 130.8 net productive gas wells.

Texalta Petroleum Ltd.

Texalta Petroleum Ltd.

Texalta Petroleum Ltd. is an oil and gas company engaged in the exploration, acquisition and development of prospective oil & gas properties, primarily in Saskatchewan, and an 82% interest in Exploration Permits EP 103 and EP 104 in the Northern Territory of Australia. Texalta Petroleum also has an interest in exploration permits in the Northern Territory of Australia, but it is focusing on its Canadian activities.In Canada, Texalta's main focus at this time is in the Wordsworth and West Queensdale project areas in southeast Saskatchewan. A new horizontal well in the Wordsworth area was completed on June 9, 2006 resulted in a new pool discovery where Texalta as Operator holds a 47.5% working interest. At the present time exploration activities are being directed at the Mississippian Alida, and deeper Palaeozoic plays of Southeastern Saskatchewan as well as Leduc Reef and Mesozoic plays in Central Alberta. Texalta Petroleum Ltd. also has a working interest in a project in the Wordsworth area of Saskatchewan and also works as that project's operator.

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