PRIMEGEN ENERGY CORP

Deregistered its securities in 2009 with only about 8 holders of record, under an entirely different president (Robert Charlton) and a New Jersey address - the company went dark for roughly two years after its 2006-2007 oil-and-gas properties were written off or unwound, and this filing formally ends its SEC reporting.

listing compliance notice

Third-quarter net loss widened further to $246,595, pushing the cumulative deficit since inception to roughly $765,600 - continuing the sharp deterioration since the 2006 oil-and-gas pivot.

quarterly activities report

Gordon Samson resigned as CFO and director, the second of the three Aug/Oct 2006 board members (after Mustafoglu) to depart within a year, leaving Glen Harder to sign the company's filings.

director officer appointment

Second quarter as an oil-and-gas company: a further $196,988 net loss (versus a combined roughly $8,000 in comparable pre-pivot periods), driven by the new consulting-fee and acquisition-related spending, with the Kansas database, Fayetteville Shale sub-participation and BC gold claim now the company's stated properties - no further mention of the North Franklin or MB Gas deals.

quarterly activities report

Mike Mustafoglu resigned as President, CEO and director - the company never filed the 8-K disclosing his appointment to those roles in the first place, so this resignation is the only record of his tenure in PrimeGen's SEC filings.

director officer appointment

First quarter as an oil-and-gas company: cumulative net loss reached $321,504 since inception, mostly a $195,433 dry-hole write-off after the Joe's Landing well (drilled in about three weeks) came up uneconomical and was plugged and abandoned in August 2006.

quarterly activities report

Fourth oil-and-gas deal: paid $675,000 for a 90% participation right in a proprietary geological database covering about one million acres of central Kansas, intended to identify overlooked drilling prospects.

material agreement

William Marshall - Fidelis Energy's president and the North Franklin counterparty - joined PrimeGen's board as Chairman, and simultaneously returned 15,000,000 of his restricted shares to treasury for cancellation, cutting shares outstanding from 52,590,000 to 37,590,000.

director officer appointment

Announced a letter of intent with Silver Star Energy Inc. and Fidelis Energy, Inc. to buy their combined 75% working interest (40% and 35% respectively) in the "North Franklin" gas project near Sacramento - already producing from three wells - to be paid in cash and PrimeGen shares; Fidelis's president William Marshall was expected to join PrimeGen as an officer/director on closing.

other material event

Third deal in the same two-week burst: signed a letter of intent to acquire MB Gas Inc., a Calgary-based operator of the "Manyberries" gas project in southern Alberta, for up to $15 million, with an October 1, 2006 deadline to reach a definitive agreement.

material agreement

Second deal in the same week: agreed to pay Projection Capital Limited $2.5 million for a 100% Class A interest in a partnership that sub-participates in a 10% working interest across roughly 30,000 acres of the Fayetteville Shale gas play in Arkansas.

material agreement

First deal under the new oil-and-gas strategy: agreed to acquire a working interest (stated as 35% in the 8-K body but 32.5% in the same day's press release) in the "Joe's Landing" natural gas prospect near Sacramento, California, from Archer Exploration, Inc.

material agreement

Added oil-and-gas securities lawyer Glen D. Harder to the board and announced the company will pivot from gold exploration to oil and gas, rename itself "PrimeGen Energy Corporation," and relocate its head office to Dallas, Texas - the clearest signal yet of the change in direction following the Samson/Harder leadership shift.

director officer appointment

Co-founder Gurdeep Kainth resigned as director/secretary and Saleem Mohamed resigned as CFO; Gordon A. Samson (a 20-year finance/accounting professional) was appointed CFO, secretary and a director - the start of a leadership handover away from the original two founders.

director officer appointment