LIQUIDITY ALERT: Piedmont Natural’s Current Deficit Narrows 7.6%

Piedmont Natural Gas Company, Inc.’s working capital deficit decreased 7.6%, or US$6.6 million, from US$87.1 million at October 31, 2009, to US$80.4 million at July 31, 2010.

The Company reported current…

LIQUIDITY ALERT: Sunoco Inc.’s Current Deficit Narrows by 84.9%

At March 31, 2010, Sunoco had cash and cash equivalents of US$812 million compared to US$377 million at December 31, 2009, and had a working capital deficit of US$99 million…

LIQUIDITY ALERT: ANEC’s Current Deficit Falls by 69.6%

American Natural Energy Corporation’s working capital deficit fell 69.6%, or US$14.1 million, from US$20.3 million at December 31, 2008, to US$6.2 million at December 31, 2009.

The Company reported current assets…

LIQUIDITY ALERT: Glen Rose’s Current Deficit Dips to US$2,702,752

Glen Rose Petroleum Corporation and its subsidiaries’ consolidated balance sheet at March 31, 2009, showed that current assets increased by US$89,659 or approximately 58%, from US$155,666 at March 31, 2008…

LIQUIDITY ALERT: Index Oil Reports US$708,855 Current Deficit

Index Oil and Gas Inc. reports current assets of US$708,855 and current liabilities of US$1,104,572 at March 31, 2009, resulting in a working capital deficit of US$395,717.

A year earlier, the…

LIQUIDITY ALERT: Bonanza Oil and Gas Has $3.29M Current Deficit

Bonanza Oil and Gas, Inc. reported a working capital deficit of US$3.29 million at Dec. 31, 2008, compared with US$45,000 at Dec. 31, 2007, according to its annual report filed…

LIQUIDITY ALERT: Amerigo Energy Reports $295,900 Current Deficit

Amerigo Energy, Inc. reported a working capital deficit of US$295,942 at Dec. 31, 2008, the difference of current assets of US$23,487 and current liabilities of US$319,429.

Since Amerigo Energy’s inception (formerly…

LIQUIDITY ALERT: Sunoco Inc.’s Current Deficit Down 35% to $718M

Sunoco, Inc.’s working capital deficit dropped by 35%, or US$384 million, from US$1.102 billion at Dec. 31, 2008 to US$718 million at March 31, 2009.

The Company reported US$2.959 billion in…

LIQUIDITY ALERT: Aurora Oil’s Current Deficit Up 5% to $116.5M

Aurora Oil & Gas Corp. reported a 5% increase in its working capital deficit, from US$110.86 million at Dec. 31, 2008 to US$116.50 million at March 31, 2009.

The Company had…

LIQUIDITY ALERT: Maxim TEP, Inc.’s Current Deficit Falls by 10%

Maxim TEP, Inc.’s working capital deficit dropped by 10%, from US$12.70 million at Dec. 31, 2007 to US$11.39 million at Dec. 31, 2008.

The Company reported US$316,000 in current assets and…

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