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Tidelands Oil & Gas Corporation (TIDE)

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Tidelands Oil & Gas Corp.

TIDE



Just Reinstated 10/29/2013 
 
http://nvsos.gov/sosentitysearch/corpActions.aspx?lx8nvq=IKddBNrKpSmTKyKBfzN%252fTg%253d%253d&CorpName=TIDELANDS+OIL+%26+GAS+CORPORATION ;


TIDE's core business encompasses natural gas
storage and transportation as liquefied natural gas (LNG) receipt and regasification. The company seeks to capitalize on strong natural gas demand and distribution inefficiencies in Texas, California and the northeastern states of Mexico by establishing natural gas infrastructure, storage and delivery facilities that connect the United States and Mexico pipelines as well as providing a portal on the West Coast for receipt of LNG from the Pacific Basin. The company historically derived revenues from transportation fees for natural gas deliveries through its pipelines and from gas sales to residential customers. TIDE anticipates significant new revenue opportunities resulting
from the completion of its Burgos Hub and Port Esperanza projects.

CORPORATE & FIELD OFFICE INFORMATION

Corporate Headquarters:
1862 W. Bitters, Bldg. 1
San Antonio, TX 78248
Phone: (866) 764-8642
Fax: (210) 764-2809

 Share Structure
250 Mil A/S, Current as of 7/13/09 with Transfer Agent.

https://esos.state.nv.us/SOSServices/AnonymousAccess/CorpSearch/CorpDetails.aspx?lx8nvq=bBh1zs5yQOTtBzj0qxLGIA%253d%253d
O/S 249,972,872, near maxed out, Verified by $oldier Hard with Transfer agent 7/13/09 4:32 pm
Restricted 51,931,410 verified by $oldier Hard with Transfer agent 7/13/09, 4:32 pm
SIGNATURE STOCK TRANSFER, INC.
2632 Coachlight Court
Plano, Texas 75093
Tel 972 612 4120
Fax 972 612 4122
Email - signaturestocktransfer@msn.com

2/11/09  Form 5 and SC13d/a filed for Impact International L.L.C.
http://www.pinksheets.com/edgar/GetFilingHtml?FilingID=6397969
http://www.pinksheets.com/edgar/GetFilingHtml?FilingID=6397975




Web Site: http://www.tidelandsoilandgas.com/

Business Strategy: http://www.tidelandsoilandgas.com/pdf/TIDE021507.pdf

QUOTE: http://finance.yahoo.com/q?s=TIDE.OB

On March 25, 2008, Reef Ventures, L.P. ("Reef Ventures"), a subsidiary of Tidelands Oil & Gas Corporation (the "Company"), entered into and consummated a Purchase and Sale Agreement (the "Purchase and Sale Agreement") with West Texas Gas, Inc. ("WTG") for the sale of all of the issued and outstanding membership interests of Reef International, L.L.C. ("Reef International") and Reef Marketing, L.L.C.

The total purchase price for the Assets, after adjustments required by the Purchase and Sale Agreement, was $2,484,265 (the "Purchase Price").

The Company caused Reef Ventures to deliver $2,436,825 of the Purchase Price to Impact on behalf of the Company, as partial repayment of the outstanding principal and interest of a promissory note made by the Company to Impact dated May 25, 2004, in the original principal amount of $6,523,773.30 (the "Note"). The Company repaid the remainder of the outstanding principal and interest on the Note by requiring WTG to enter into the Throughput Payment Agreement with Impact for which Impact credited the outstanding Note balance $876,231 and by issuing 39,890,180 shares (the "New Shares") of the Company's common stock valued at $0.05 per share or a total of $1,994,509 to Impact upon the closing of the Purchase and Sale Agreement. The total consideration described above of $5,307,505 liquidated the outstanding Note balance in full. The remaining $47,440 of the Purchase Price received by Reef Ventures was used to pay legal fees associated with the transaction and for working capital purposes.

On January 9, 2008 Tidelands Oil & Gas Corporation (the "Company") entered into and consummated a Stock Purchase Agreement for the sale of all the issued and outstanding stock of the Company's wholly-owned subsidiary, Sonterra Energy Corporation ("Sonterra") to Bentley Energy Corporation ("Bentley"). Bentley's primary stockholder is Michael Ward, the Company's former CEO and director, who had a right of first refusal to purchase Sonterra in the event of any sale of Sonterra by the Company.

The total purchase price for the shares of Sonterra is $3 million, with $2,925,000 paid on the January 9, 2008 closing date and the remaining $75,000 due on the earlier of 12 months following the closing, or after all existing litigation involving Sonterra is settled or otherwise resolved. Pursuant to the terms of the Stock Purchase Agreement, immediately prior to the sale, Sonterra terminated its consulting agreement with Jason Jones and paid Mr. Jones the fee owed thereunder equivalent to 2% of the purchase price of Sonterra.

The foregoing summary of the terms of the Stock Purchase Agreement is qualified in its entirety by reference to the full and complete terms of such agreement, which is attached hereto as Exhibit 10.1.

$2,374,291 of the proceeds from the sale of Sonterra was immediately used to repay all of the outstanding principal under the Company's convertible debentures, which had a maturity date of January 20, 2008. In addition, $20,714 will be used to repurchase certain Series A Warrants to purchase 2,071,407 shares of the Company's common stock. The Series A Warrants had originally been issued in connection with the convertible debentures. Series A Warrants to purchase 474,521 shares of Company common stock at $0.935 per share remain outstanding, as the holders of those Series A Warrants did not accept the Company's offer to purchase such warrants for $0.01 per share.

From 10Q dated 11/19/08 Pg 20,
The Company is also continuing to cooperate with the due diligence process initiated by two potential industry joint venture investors in the Port Esperanza project. A decision by these parties to invest or to decline to participate is not expected until 2009.

http://www.energy.ca.gov/lng/projects.html
4/6/09 update for Port Esperanza project.
Esperanza Energy is a subsidiary of Tidelands Oil and Gas.
http://esperanza-energy.com/company/
http://www.torplng.com/sub.php?page=Esperanza%20Energy%20Terminal

From 10Q dated 11/19/08 Pg 18

 


 

 








Latest PR'S:

Tidelands Oil & Gas Corporation Subsidiary Sonora Pipeline LLC Receives FERC Permits
Thursday July 12, 8:00 am ET

Complete Article: http://biz.yahoo.com/prnews/070712/aqth060.html?.v=13

PROJECTS




Consulting Agreement
On January 26, 2008, the Company entered into a consulting agreement with two directors to provide business development, merger and acquisition capital raising and other services to the Company.  The term of the agreement is five years.  Services to be provided are compensated under the agreement at a rate of $1 million per annum which may be paid in shares of stock.  During the three months ended September 30, 2008, fees of $250,000 were accrued for each of the two directors and are included in ‘Accounts Payable and Accrued Liabilities’ at September 30, 2008.
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TIDE
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PostSubject
#2719   most of the time they just end up gumzsa 02/03/14 07:48:03 PM
#2718   2 week suspension? how's that work exactly... cdhames 02/03/14 05:14:55 PM
#2717   so they reinstate NV then get suspended by gumzsa 02/03/14 10:48:07 AM
#2716   TIDE: Suspended by SEC sidedraft 02/03/14 10:42:39 AM
#2715   $TIDE @ .0015! Estrella 01/10/14 02:14:58 PM
#2714   Like this one in 2014. Lots of updates gumzsa 01/10/14 02:01:09 PM
#2713   TIDE 0.0011 on bid, nice funnyG986 01/10/14 01:54:21 PM
#2712   $TIDE @ .0009! Estrella 01/10/14 12:32:14 PM
#2711   TIDE getting some love PENNYMACHINE 01/10/14 12:30:34 PM
#2710   .0014 hits gumzsa 11/21/13 12:22:15 PM
#2709   less likely to RS imo. funnyG986 11/20/13 11:11:30 PM
#2706   .0015 Next on L2 PENNYMACHINE 11/20/13 03:41:11 PM
#2705   a tiny RS like 1:10 would of been gumzsa 11/04/13 01:52:40 PM
#2704   yup could be gonna stay patient here gumzsa 11/04/13 01:09:29 PM
#2703   Hopefully the AS raise is for a merger JA9791 11/04/13 01:08:17 PM
#2702   thanks added .001s hopefully they dont tap the gumzsa 11/04/13 01:05:14 PM
#2701   Agreed...looking forward to a multi penny run... georgie18 11/04/13 01:03:14 PM
#2700   I can't wait for update here, Can run PENNYMACHINE 11/04/13 12:59:20 PM
#2699   AS raise to 1 billion: JA9791 11/04/13 12:55:56 PM
#2698   Oh man, this is looking uglier than a MrGoldenRooster 11/04/13 12:23:42 PM
#2697   he's also listed as the CEO since 2003.. cdhames 11/04/13 12:10:29 AM
#2696   Lmao...They used to hire pros to do this georgie18 11/02/13 09:40:49 AM
#2695   massive volume spikes everytime you post on a cdhames 11/01/13 04:48:26 PM
#2694   Going by your post history you have nothing gumzsa 11/01/13 04:21:39 PM
#2693   I like my privacy and my anonymity, and MrGoldenRooster 11/01/13 04:19:27 PM
#2692   Yeah I can see that you have alot gumzsa 11/01/13 04:16:48 PM
#2691   People who don't know the legal difference between MrGoldenRooster 11/01/13 04:14:42 PM
#2690   You are such a an ignorant moron. I gumzsa 11/01/13 04:10:51 PM
#2687   Charts are meaningless when dealing with a blatantly-obvious MrGoldenRooster 11/01/13 10:48:51 AM
#2686   10 year chart...break / hold of .003 and georgie18 11/01/13 08:05:50 AM
#2685   Weekly Chart.... georgie18 11/01/13 08:03:28 AM
#2684   6 month chart... georgie18 11/01/13 08:02:44 AM
#2683   Good Morning... georgie18 11/01/13 08:01:37 AM
#2682   Agreed..pennies should come here quickly after .003 break georgie18 11/01/13 08:01:23 AM
#2681   dappa...thanks for the DD...great job.. georgie18 11/01/13 08:00:25 AM
#2680   Next Update brings .01+ run Fast imo PENNYMACHINE 10/31/13 04:03:46 PM
#2679   Hope to see some filings soon. dappa 10/31/13 04:00:53 PM
#2678   must say there's a lot here that points janitor_unbound 10/31/13 03:29:25 PM
#2677   Nice DD Dappa PENNYMACHINE 10/31/13 03:28:46 PM
#2675   Yes, whatever you want to call it. Your dappa 10/31/13 02:45:48 PM
#2674   So, in other words, he's the Chief Perp MrGoldenRooster 10/31/13 02:44:16 PM
#2673   No from what I'm reading that is the dappa 10/31/13 02:39:12 PM
#2672   The address is the SAME because it's the MrGoldenRooster 10/31/13 02:32:38 PM
#2671   ALBERT C KIRKS office address: https://maps.google.com/maps?q=4695+MACARTHUR+COU dappa 10/31/13 01:38:37 PM
#2670   May be an R/M http://www.linkedin.com/pub/james-smith/11/843/4b2. dappa 10/31/13 01:34:25 PM
#2669   Keeping an eye on it for further developments. dappa 10/31/13 01:14:08 PM
#2668   Dappa: TIDE Wyatt Earp 10/31/13 12:49:08 PM
#2667   No I've seen my fair share of that dappa 10/31/13 12:41:09 PM
#2666   No one knows whats going on company been gumzsa 10/31/13 12:37:36 PM
#2664   So what do you think their reason for dappa 10/31/13 12:30:09 PM
PostSubject