Cambridge Energy Group Limited today [July 16] issued comment on the successful Listing of their common shares on the Bermuda Stock Exchange [BSX].
Cambridge Energy Group Limited [CEGL] is a Bermuda exempted company with limited liability incorporated on the 16th day of January 2012. The Group is an integrated and internationally based LNG niche energy group. The company was formed through the restructuring of Cambridge Energy LLC (USA), which was formed in 2007.
The Group is engaged in the (i) acquisition and marketing of natural gas in the US, (ii) LNG-related project development, (iii) the production, transmission, distribution and supply of LNG internationally from the United States, and (iv) power generation to create demand for LNG.
Capital G BSX Services Limited sponsored the listing of CEGL and has also been appointed ongoing listing sponsor.
Alex Conyers, Manager at Capital G BSX Services Limited, stated, “Capital G BSX Services Limited is very excited to have been named as the sponsor to this listing. We believe this company has significant potential and we are delighted to have assisted them list on the Bermuda Stock Exchange.”
“We are very excited about our listing to the BSX. We believe this move will give CEGL access to capital markets for our common stock, add to the visibility of our Company in the U.S. and international financial markets, especially in our growth market area Asia where the demand for LNG is expected to remain high for the long-term, and further enhance our investor outreach programs, ” said Sherman Bryant, CEGL’s CEO.
“Being granted a listing on the BSX is a major milestone for CEGL and is another example of the execution of our growth strategy for investors as we focus on becoming a Master Limited Partnership (MLP) in the United States. We believe the BSX will provide excellent exposure for CEGL, which is the emerging global leader in marketing and producing LNG for export from the United States to medium scale markets.”
Mr. Bryant added, “This advancement to the BSX underscores our continuing commitment to deliver on our promises to generate long-term value for our shareholders. The Company is very pleased with this result and we look forward to the continued growth of our firm.”
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