BNET Industries

Last Fiscal Year Sales:$3.5M
  • Public
  • US
Dow Jones Description

Alfa is engaged in the business of producing and selling crude oil and natural gas in the United States. Alfa is no longer involved in acquiring or developing oil and gas reserves. Management's primary objective now is the merger with another company, possibly one seeking a public "shell", which has potential for future growth. PROPERTY ACQUISITION AND SALES In the past, Alfa attempted to acquire developed and undeveloped oil and gas properties through the acquisition of leases and other mineral interests or through the acquisition of financially troubled companies. EQUIPMENT, PRODUCTS AND RAW MATERIALS Alfa owns no drilling rigs and has done no drilling for several years. Alfa's principal products are crude oil and natural gas. Crude oil and natural gas are sold to various purchasers including pipeline companies which service the areas in which Alfa's producing wells are located. Alfa's business is seasonal in nature, to the extent that weather conditions at certain times of the year may affect its access to oil and gas properties and the demand for natural gas.

CEO of CapcoIlyas M Chaudhary
Number of Employees 34
Contact Information

5555 San Felipe

Suite 725

Houston, Texas 77056

capcoenergy.net

713-622-5550

NAICS Code Crude Petroleum and Natural Gas Extraction: 211111

News & Analysis

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capco energy inc. - All News and Analysis

  • Capco Terminates Plan to Divest Certain Assets

    - 2008-01-16

    Capco Energy, Inc. ("the Company" or "Capco")(PINKSHEETS: CGYN) today announces that the Company has terminated its planto divest a wholly owned subsidiary to Pyramid Petroleum, Inc ("Pyramid").Both parties have mutually decided not to extend the deadline of December31, 2007 for the completion of this transaction. Safe Harbor Statement under the...

  • CAPCO Announces Managerial and Operational Updates

    - 2007-12-10

    Capco Energy, Inc. ("the Company") (PINKSHEETS: CGYN) today announces that the Board of Directors of Capco has appointedMike Myers as the President and CEO of the Company. Mike Myers hadresigned the same post due to health reasons as announced on August 12,2005. The Board of Directors also redefined...

  • Pyramid Petroleum Announces Change in Its Plan of Business Combination With Capco Energy.

    - 2007-09-19

    CALGARY, ALBERTA, Sep 19, 2007 CCNMatthews via COMTEX -- Pyramid Petroleum, Inc. ("Pyramid") (TSX VENTURE:PYR) announced today that it has terminated its plan to merge with Capco Energy, Inc. ("Capco"), a company controlled by Mr. Ilyas Chaudhary, the CEO and major shareholder of Pyramid, as announced...

  • Capco Terminates Merger Talks With Pyramid and Announces Plan to Divest Certain Assets

    - 2007-09-19

    Capco Energy, Inc. ("the Company" or "Capco")(PINKSHEETS: CGYN) today announces that the Company has terminated its planof business combination with Pyramid Petroleum, Inc ("Pyramid"), a relatedparty. Instead the Company has contracted to sell a wholly ownedsubsidiary that has certain OCS producing properties to Pyramid at acontracted purchase price of...

  • Pyramid Petroleum Inc. of Houston is acquiring Capco Energy of Calgary, Alberta.(Briefly Noted)(Brief article)

    - 2007-07-01

    Pyramid Petroleum Inc. of Houston is acquiring Capco Energy of Calgary, Alberta. Following the transaction, Pyramid expects to raise funds to expand the oil and gas production of the combined company, mainly in the Gulf of Mexico...

  • Capco Energy Releases Information and Updates on Current Operations

    - 2007-04-23

    Capco Energy, Inc. (PINKSHEETS: CGYN) ("Capco")is an E&P company with operations focused in the Gulf of Mexico ("GOM"). Capco commenced its offshore operations in December 2003 after theacquisition of the Brazos 440 field in Texas state waters in GOM. Sincethen Capco has continued to acquire additional properties in GOM. The...

  • Capco Energy Announces the Addition of Chief Operating Officer and Also the Completion of Equity Contribution of $1.6 Million

    - 2007-03-27

    Capco Energy, Inc. (PINKSHEETS: CGYN) todayannounced the addition of Mr. Robert Thomasson as the Chief OperatingOfficer of Capco Energy, Inc. Robert Thomasson has fifteen-years experience in investment banking,specializing in private placements, project financing, and fixed incomesecurities, most recently with Smith Barney. Mr. Thomasson was VP ofbusiness development of Energy...

  • OPEC Will Cut Output in February; Time Has Come for America to Step Up To The Plate.

    - 2006-12-19

    M2 PRESSWIRE-19 December 2006-StockProfiler.US: OPEC Will Cut Output in February; Time Has Come for America to Step Up To The PlateC1994-2006 M2 COMMUNICATIONS LTD RDATE:19122006 New York, NY - Knight Energy Corp. (Pink Sheets: KNEC); Cygnus Oil & Gas Corp. (Pink...

  • Oil Prices Falling, OPEC to Meet Thursday.

    - 2006-12-11

    M2 PRESSWIRE-11 December 2006-StockProfiler.US: Oil Prices Falling, OPEC to Meet ThursdayC1994-2006 M2 COMMUNICATIONS LTD RDATE:11122006 New York, NY - DecKnight Energy Corp. (Pink Sheets: KNEC); Canarc Resource Corp. (Pink Sheets: CRCUF); Capco Energy, Inc. (Pink Sheets: CGYN); Cascade Energy, Inc. (Pink...

  • Military Resale Group Creates New Division.

    - 2006-12-07

    M2 PRESSWIRE-7 December 2006-StockProfiler.US: Military Resale Group Creates New DivisionC1994-2006 M2 COMMUNICATIONS LTD RDATE:07122006 New York, NY - Military Resale Group (Pink Sheets: MYRG); Knight Energy Corp. (Pink Sheets: KNEC); Canarc Resource Corp. (Pink Sheets: CRCUF); Capco Energy, Inc. (Pink Sheets:...

Decision Makers

Name (plus bio) Position
Ilyas M Chaudhary CEO of Capco
Imran Jattala Chief Financial Officer
Robert Thomasson Coo
Dennis R Staal Director
H Wayne Hoover Director

Board of Directors

Name (plus bio) Position
Irwin Kaufman Board of Directors
Paul L Hayes Board of Directors
William J Hickey Board of Directors
Organization Position Status
Capco Energy, Inc. CEO of Capco Current
Pyramid Petroleum Ltd. Chairman, CEO and President Current
Capco Energy, Inc. Chairman Current
Capco Energy, Inc. President and Director Former
Chapman University Masters In Business Administration Former
University Corp. Bachelor of Science Degree In Electrical Engineering Former
University of Alberta Degree Former
Organization Position Status
Capco Energy, Inc. Chief Financial Officer Current
Organization Position Status
Capco Energy, Inc. Coo Current
Organization Position Status
Capco Energy, Inc. Director Current
Tile Imports LLC Former
University of Nebraska degree in Business Administration Former
Organization Position Status
Capco Energy, Inc. Director Current
Organization Position Status
Capco Energy, Inc. Board of Directors Current
Open Society Institute Consultant Former
Organization Position Status
Capco Energy, Inc. Board of Directors Current
Harvard University M.B.A. Former
Oklahoma University B.S. in Petroleum Engineering Former
Organization Position Status
Capco Energy, Inc. Board of Directors Current
Cornell University Doctorate in Law Former

Executive News

  • Pyramid Petroleum CEO resigns

    Houston Business Journal - 5/28/09 - View Story

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