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Published on 7/28/2008 in the Prospect News Convertibles Daily and Prospect News PIPE Daily.

Petrosearch buys back all $18.78 million of its convertibles

By Devika Patel

Knoxville, Tenn., July 28 - Petrosearch Energy Corp. said it has used part of the proceeds from the sale of its 5.54% limited partnership interest in DDJET Ltd. LLP to repay all of the $18.78 million of its outstanding convertible notes.

Petrosearch is a resource-based energy company with headquarters in Houston.


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