News Articles for Burleson Energy

The Perth led backdoor listing of Israeli company Sky and Space Global into ASX listed shell Burleson Energy has delivered its backers a 45% profit on day one after it relisted on the ASX yesterday. The architects of the deal, led by Perth Corporate finance player Brett Mitchell, delivered their investors a 45% profit after the stock touched 2.9c yesterday with around 100m shares traded.

Pacific Ore has become the latest backdoor listing hopeful to be held up by the corporate watchdog, though several other companies have moved forward with their reverse takeovers.

Burleson Energy's Israel based Sky & Space Global have inked a deal with an Australian company that will see them provide satellite communications services to aviation, marine and recreational markets. SSG will intergrate ESSTRACK'S unique satelite tracking and comms systems into their nano-satellite network.

Burleson Energy have easily raised $4.5m to complete the acquisition of Israeli nano-satellite company Sky and Space Global. The company announced this week Danish nano-satellite manufacturer Gom Space, has commenced construction of SSG's first three nano-satellites.

Burleson Energy acquisition Sky and Space Global have pre-sold 100% of the telecommunications bandwidth from their first constellation of “nano-satellites” to be launched in 2017. The company says that just 100 units should provide revenues of between $300m and $500m per annum and produce up to 1 000 000 000 minutes of voice, messaging and data air time a year.

Former oil and gas turned space technology company Burleson Energy has achieved a major milestone in its relatively short time in the space technology business. This week its recent acquisition target Sky and Space Global, signed a binding contract with respected Danish nano-satellite manufacturer GomSpace to commence building 3 trial nano-satellites.

Burleson Energy has cleared the decks of their historic oil and gas assets in the USA to focus on their exciting new nano-satellite play out of Israel. Wholly owned Burleson subsidiary Burleson Energy General LLC has entered into an agreement with AKG Energy L.P for the sale of its oil and gas assets located in the United States for a cash consideration of AUD$43,500.

ASX listed Burleson Energy, currently trading at just 0.4c appear to have landed a company maker that ticks all the right boxes with its impending back door listing of Sky and Space Global Ltd. SSG is a start up seeking to deploy clusters or “constellations” of new tech “nano-satellites” into space for the purposes of owning a global telecommunications network for satellite phone and data users.

Perth-based junior oil and gas explorer and producer Burleson Energy Ltd has a lodged a prospectus for its $4 million initial public offering to fund its share of a proposed two well drilling program in Texas and the acquisition of additional leases.