PGI Energy, Inc. (PGIE)

[stockrider]

They also already have $200M funding commitment for their projects per this PR..

PGI Energy gets $100M standby commitment
Houston Business Journal
Date: Tuesday, February 22, 2011, 12:49pm CST

Related:Banking & Financial Services, Energy It has been a busy week for PGI Energy Inc., which just secured a $100 million standby equity commitment from New York private fund LeadDog Capital LP.

This is in addition to the $100 million that the Houston-based company received from another New York private equity firm, Kodiak Capital Group LLC, for its PGI Energy Fund Series 1 2010 Inc. last April.

PGI said it is already in negotiations with a undisclosed company to buy oil and pipeline assets in the Gulf Coast region.