Today’s Show Featured:
Oil Stocks To Buy In the News
A replay of the show will be posted here shortly.
The show featured an interview with
Tim Connolly, Merchant Banker for
Texas Gulf Energy, Inc.
Stock Symbol: TXGE
TXGE CEO Craig Crawford was also on the show.
Visit corporate web site: www.TGNRG.com
Get Yahoo Finance TXGE stock quotes, trading charts and latest news: http://finance.yahoo.com/q?s=TXGE
Texas Gulf Energy Inc. (TGE) is an innovative construction, maintenance, turnaround, and management-services company in the oil, gas, refining and petrochemical industries. Also an oilfield services and production company, TGE is listed on the Over-the-Counter Quotation Bureau (OTCQB) under the symbol TXGE.
$4,137,335 TXGE Oil Industry Subsidiaries Sale of $4,137,335 completed:
On November 22, 2013 TXGE completed the sale of several subsidiary businesses. The completed Asset Purchase Agreement involved the Company and two of its subsidiaries, Fishbone Solutions, Inc., a Texas corporation (“FSI”), and Texas Gulf Industrial Services, Inc,, a Texas corporation (“TGIS”), and TGE Industrial Services, LLC, a Texas limited liability company (the “Buyer”).
Pursuant to the terms of the Agreement, the Company sold substantially all of the assets of FSI, TGIS and TGE Electrical and Instrumentation (“TGEI”), an operating division of the Company, to the Buyer.
As consideration for the transaction, the Buyer agreed to pay to the Company an aggregate purchase price of $4,137,335.
Texas Gulf Energy, Incorporated clients comprise a strong – and growing – list of the best companies in heavy industry. For those who demand an uncompromising commitment to controlling quality, cost, schedule and safety, TGE is at the head of the pack.
Some of the oil industries sectors serve include:
- Chemical Production
- Industrial Gas Production
- Midstream Operations
- Mining & Minerals
- Oil & Gas
- Power Generation
- Power Transmission
- Pulp & Paper Production
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