BNET Industries
Last Fiscal Year Sales:$24.3M
- Public
- US
Dow Jones Description
New Century Energy Corp. (the "Company"), was incorporated in Colorado on
April 18, 1997 as "Perfection Development Corporation." On September 29, 1998,
the Company entered into an agreement pursuant to which it would acquire all of
the outstanding capital stock of Vertica Software, Inc., a California
corporation ("Vertica California"). On December 31, 1998, Vertica California
merged with and into the Company. The Company was the surviving corporation in
the merger and the separate corporate existence of Vertica California ceased.
Concurrently with the merger, the Company changed its name from Perfection
Development Corporation to Vertica Software, Inc. ("Vertica").
Chief Executive Officer, President, Secretary, Treasurer and Director
Edward R DestefanoContact Information
1770 St. James Place
Suite 380
Houston, Texas 77056
7132664344
Peer Companies
NAICS Code Crude Petroleum and Natural Gas Extraction: 211111
News & Analysis
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new century energy corp. - All News and Analysis
New Century Energy Corp.'s Management Believes That the Company's Common Stock is Undervalued and May Purchase Shares of Common Stock in the Public Market
HOUSTON -- New Century Energy Corp. (OTCBB:NCEY) announced today that its management believes that the company's common stock is undervalued at its current trading price, and management may purchase shares of the company's common stock in the open market. The company's management believes that the current trading price of its...
New Century Energy Corp. Announces Closing of Gas Reserve Acquisition in Wishbone Field, Mcmullen County, Texas
HOUSTON -- New Century Energy Corp. (OTCBB:NCEY) announced today that it has acquired an additional 7.25 percent working interest and a 5.4375 percent net revenue interest in the Wishbone Field in McMullen County, Texas, thereby increasing NCEY's combined total ownership to 13.45 percent working interest and 10.9015 net revenue interest...
New Century Energy Corp. Announces Signing Definitive Purchase Agreement to Acquire Additional Natural Gas Interests in Wishbone Field, McMullen County, Texas
HOUSTON -- New Century Energy Corp. (OTCBB:NCEY) has signed a definitive Purchase and Sale Agreement to acquire an additional 7.25 percent working interest in the Wishbone Field in McMullen County, Texas thereby increasing NCEY's total ownership to 13.45 percent in this field. Net natural gas reserve potential to New Century...
New Century Energy Corp. Announces Funding of $15,000,000 Pursuant to a Securities Purchase Agreement with Laurus Master Funds, Ltd
HOUSTON -- New Century Energy Corp. (OTCBB:NCEY) announced that on June 30, 2005 the company entered into a Securities Purchase Agreement with Laurus Master Fund, Ltd., whereby NCEY sold a Secured Convertible Term Note in the principal amount of fifteen million dollars ($15,000,000). A significant portion of the fifteen million...
New Century Energy Corp. Provides Operations Update on South Sargent Natural Gas Field
HOUSTON -- New Century Energy Corp. (OTCBB:NCEY), an oil and gas exploration and production company, announces that re-entry operations were commenced on the Hamill #17 well in the South Sargent Field during January. This well had been inactive since 2001. According to Edward DeStefano, President and CEO of New...
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Decision Makers
| Name (plus bio) | Position |
|---|---|
| Edward R Destefano | Chief Executive Officer, President, Secretary, Treasurer and Director |
| William F Mason | CEO and President |
| Ken Cleveland | Chief Financial Officer |
| David M Loev | Attorney at Law |
| Ronald A Lenser | Registered Professional Engineer |
| Organization | Position | Status |
|---|---|---|
| New Century Energy Corp. | Chief Executive Officer, President, Secretary, Treasurer and Director | Current |
| Century Resources | Chief Executive Officer | Current |
| Gulf Oil Corporation | Exploration Associate | Former |
| Ithaca College | Bachelors of Science Degree | Former |
| Organization | Position | Status |
|---|---|---|
| New Century Energy Corp. | CEO and President | Current |
| Organization | Position | Status |
|---|---|---|
| New Century Energy Corp. | Chief Financial Officer | Current |
| Sirius Solutions LLC | Financial Consultant | Former |
| Baylor University | Bba Degree | Former |
| Organization | Position | Status |
|---|---|---|
| New Century Energy Corp. | Attorney at Law | Current |
| Organization | Position | Status |
|---|---|---|
| New Century Energy Corp. | Registered Professional Engineer | Current |
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