EBCO Changes Name To "Oil & Gas Journal Exchange -- Property Exchange" And Moves Headquarters To Houston.Business Editors and Technology Writers HOUSTON--(BUSINESS WIRE)--June 6, 2000 Pioneer in Oil and Gas Property Auction Shifts Oklahoma City Oklahoma City (1990 pop. 444,719), state capital, and seat of Oklahoma co., central Okla., on the North Canadian River; inc. 1890. The state's largest city, it is an important livestock market, a wholesale, distribution, industrial, and financial center, and a farm Presence To Tulsa Oil & Gas Journal Exchange (www.OGJExchange.com), the leading Web-based independent trading exchange for the oil and gas industry, announced today that it has moved the headquarters for its Property Exchange to Houston. The Property Exchange, formerly EBCO EBCO European Bureau for Conscientious Objection , is the industry leader in executing physical auctions and transactions services and recently joined the Oil & Gas Journal Exchange e-marketplace. The move will place Oil & Gas Journal Exchange -- Property Exchange at the epicenter ep·i·cen·ter n. 1. The point of the earth's surface directly above the focus of an earthquake. 2. A focal point: stood at the epicenter of the international crisis. of the oil and gas industry and allow the company to work more closely with its largely Houston-based client roster as well as other leading domestic and global energy players. The company will also be tapping into the wealth of oil and gas professionals in the Houston market as it expands its management team. The new headquarters will officially open in August 2000. Oil & Gas Journal Exchange is part of the pennNET (www.pennNET.com) family of websites. pennNET is a leader in creating secure, reliable e-marketplaces for business professionals in critical global markets. pennNET's neutral e-marketplaces offer a highly secure and confidential transaction environment that protects all participants' competitive and financial data. Having been located in Oklahoma City for over 20 years, the Years, The the seven decades of Eleanor Pargiter’s life. [Br. Lit.: Benét, 1109] See : Time EBCO/Property Exchange team is committed to maintaining its leading mid-continent presence, but will move its Oklahoma City office to Tulsa. As the Oil & Gas Journal Exchange -- Property Exchange, the company will reside at pennNET's offices in Tulsa. The relocation will give the company access to the vast resources that pennNET has to offer, allowing it to better serve its clients. "The move to Houston is one we're very excited about," said Paul Smart Paul Smart is an English motorcycle racer. He is famous for winning the Imola 200 in April 23, 1972, at age 29, with Ducati's new 750.[1] He raced in Grands Prix in the early 1970s, with second place results in 1971 in both the 350cc and 250cc categories, with Yamaha , President of Oil & Gas Journal Exchange -- Property Exchange. "We've had a very favorable fa·vor·a·ble adj. 1. Advantageous; helpful: favorable winds. 2. Encouraging; propitious: a favorable diagnosis. 3. response to the move from our clients. They're pleased to have the leading property auction service located in their backyard and are also excited about the leadership position we have taken in the fully Web-enabled auction space." About Oil & Gas Journal Exchange -- Property Exchange, Formerly EBCO pennNET's acquisition of EBCO, which is recognized for pioneering oil and gas property auctions and setting the standard for acquisitions and divestitures in the oil and gas industry, provides the specific transactional expertise necessary to manage Oil & Gas Journal Exchange's online property sales. EBCO provides pennNET with the ability to expertly manage the complex business execution and regulatory requirements Regulatory requirements are part of the process of drug discovery and drug development. Regulatory requirements describe what is necessary for a new drug to be approved for marketing in any particular country. associated with the worldwide trading of industrial assets. Known for holding the first nationally promoted sale of oil and gas properties at auction in 1987, EBCO built a career on converting idle assets into cash while maximizing value. The company also held the oil and gas industry's first auction to incorporate Internet functionality. pennNET will continue to leverage EBCO's name and reputation as they move forward with the development and implementation of Oil & Gas Journal Exchange -- Property Exchange. About pennNET pennNET (www.pennNET.com) creates secure and reliable e-marketplaces for business professionals in critical global markets. The company's e-media enables the industry's smartest e-commerce decisions by providing the broadest range of breaking news, original research and exclusive executive opinion. pennNET revolutionizes the traditional approach to commerce by creating focused e-marketplaces for the rapid procurement The fancy word for "purchasing." The procurement department within an organization manages all the major purchases. of goods and services In economics, economic output is divided into physical goods and intangible services. Consumption of goods and services is assumed to produce utility (unless the "good" is a "bad"). It is often used when referring to a Goods and Services Tax. . The company was formed in the spring of 1999 to leverage, in the electronic marketplace, the diversified resources of PennWell Corporation. PennWell Corporation was formed in 1910 and now publishes 46 business-to-business magazines and conducts over 40 major conferences and exhibits worldwide. pennNET corporate headquarters are located in San Mateo, California San Mateo is a city in San Mateo County, California, in the San Francisco Bay Area. It is one of the larger suburbs on the San Francisco Peninsula, located between Burlingame to the north, Foster City to the East, and Belmont to the south. , with its petroleum division headquartered in Houston, Texas “Houston” redirects here. For other uses, see Houston (disambiguation). Houston (pronounced /'hjuːstən/) is the largest city in the state of Texas and the . |
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