Dateline Glasgow, Scotland

As Managing Member of Anax Holdings LLC, Samson Investment Group’s Executive Director Michael Brovsky announced today that they have taken delivery of their first proprietary Anax Star Turbo Expander® unit designed and built by Corac Energy Technologies for Anax in London, England. The unit is being shipped to Glasgow, Scotland for final construction and assembly by Star Technical Solutions and their Star Refrigeration Engineering Group under direction of chief engineer Dr. Andrew Pearson. A thorough test protocol will follow final assembly in conjunction with The Gas Technology Institute of America.

Dateline Santa Monica, CA

Samson Investment Group, LLC has had an active year in its off market real estate practice according to Samson general counsel Brian Grossman. An agreement was finalized for the sale of a Hermosa Beach hotel, with conversion to a senior assisted living facility; agreement signed with an east coast based Property Trust and owner of office and flex properties, to facilitate a tax advantaged Up-REIT structure for the off-market acquisition of 17 industrial buildings; an advisory and acquisition agreement was signed for a three hotel portfolio in Terragona, Spain; agreements were also signed for 18 off-market residential Lots in Ka’anapali, Hawaii and for a five star hotel in Seattle, WA. The addition of International Sales Associate Shauna Chitjian to the Samson real estate team rounded out the year.

Dateline Boston, MA

A definitive Master Agreement was signed today between the Samson Investment Group LLC managed entity Anax Holdings, LLC and two United Kingdom technology companies. The Tripartite Worldwide Agreement defines the parameters for the manufacture of The Anax Star Turbo Expander, an innovative clean energy solution developed by Anax for creating electricity from waste heat and waste pressure found in natural gas applications for major industry and utilities. The Agreement was negotiated by Samson Energy Counsel Vincent DeVito, a partner at Bowditch & Dewey, LLP in Boston, and a former US Department of Energy policymaker.

Dateline Santa Monica, California

Christian W. Johnson,Director and head of Samson Energy Group’s oil and gas drilling programs, announced today that a new Drilling Fund will soon be available concentrating in the ever expanding Wattenberg/DJ Basin area in Northeastern Colorado, the leading productive field in Colorado and one of the top 10 oil & natural gas fields in the U.S. The current average number of wells in the area is 19,000 and includes such industry leaders as Anadarko, Noble, Chesapeake and Synergy Resources Corporation. With a 90% plus success rate, the number of new wells increases each year and production yields are most impressive. The formations, Niobara, Codell and J Sands are tight sands and shale that collectively produce both oil and gas and are typicallystimulated with hydraulic fracturing with great success. The Codell wells have a history of producing for more than 25 years.

 

Dateline Santa Monica, California

F. Michael Brovsky, Executive Director, announced today that Samson Investment Group, LLC was nominated to be the Managing Member of a new alternative energy corporation called Allos Energy LLC, a company that will own, license, and operate alternative energy systems in various utility applications throughout the United States.  A private placement is planned for the fall for its licensed proprietary technology using a Gas Letdown Generator, which converts pressure to clean power. For the first time, the wasted kinetic energy existing in gas pipelines can be converted to clean, base-load power with the lowest capital and lowest operating costs of any available generation technology, all with no carbon emissions.

 

Dateline Baton Rouge, Louisiana

Samson Investment Group LLC Director Christian W. Johnson announced on March 13th the execution of a definitive agreement to provide debt and equity financing for Studio City, Louisiana, a 135 acre state of the art film production facility of 445,000 square feet with 7 stages, including a mega stage of 50,000 square feet. With 200,000 square feet of full support facilities for any size production, it has major support from the Louisiana State Film Commission, as well as Hollywood Film Industry. An expandable concept, Studio City Louisiana will offer full-service turn-key production plans, location and back-lot rentals, as well as access to financing, distribution and tax credits.

Dateline Santa Monica, California

(excerpt Samson Press Files)

Brian M. Grossman, General Counsel and head of legal and business affairs for Samson, Investment Group, LLC, announced today that he successfully negotiated the buyout of a 550 unit HUD portfolio in the greater Los Angeles area for a Samson private client. This was the initial transaction of the newly formed Samson Private Client Group, an entity dedicated to structuring private investment vehicles for high net worth clients.

Dateline Victoria, Australia

(excerpt Samson Australian Press Files)

F. Michael Brovsky head of the Samson Merchant Banking division, announced that Neqtar Wines PTY, located in the Murray Darling wine region of Victoria, Australia and acquired by agreement March 13th of 2008 by Samson, has been sold to a United States publicly traded company. .A Designation, Assignment and Assumption agreement was negotiated and executed assigning all rights in exchange for shares and warrants in the public company.

Dateline Austin, Texas

(excerpt Samson Press Files)

Samson Vista, LLC real state investment and development group based in Austin, Texas, announced today they had received their approved Shoreline Ranch PDD document from the City of Lago Vista for 568 units, a golf course, clubhouse, boat dry stack and waterfront park in a unanimous vote in late October. Christian Johnson, Managing Member of Samson Vista, said “this will be a premier resort development on the north shore, and one the city and residents can be proud of. We thank the city for their vision and cooperation during the long entitlement process”.

Dateline Tamarindo, Costa Rica

(excerpt Samson Press Files)

F. Michael Brovsky head of the Samson Merchant Banking division, announced today October 12, that their client Opportunity Funding, LLC, had successfully sold their interests in the El Escape real estate development project near Tamarindo, Costa Rica. Investors in the Costa Rican resort development through Opportunity Funding, LLC, experienced a substantial return on their original investments made in late 2005. Mr. Brovsky indicated that Samson will continue to explore unique opportunities for investment in Costa Rica and other Central American countries.

© 2019 Samson Investment Group. All Rights Reserved. Site by Enhanced Solutions.
© 2019 Samson Investment Group. All Rights Reserved. Site by Enhanced Solutions.