• WellBid Inc. and eNersection are merging, and will become Wellogix Inc., which will provide tools for expediting intercompany exchange of enterprise data, streamlining workflow and collaboration, and transacting complex, engineered services via the Internet. The Beacon Group Energy Investment Fund II, which led an investment round in WellBid in May, will invest $8- to $10 million in the new company. • eOilfield.com, Lake Charles, La., an e-commerce, business-to-business portal serving the oil and gas industry, has launched its online oilfield equipment auction site. • PetroCosm Corp., Houston, a global business-to-business e-commerce marketplace for the oil and gas industry, is now live at Petrocosm.com. • Englewood, Colo.-based Oil & Gas Asset Clearinghouse, a wholly owned subsidiary of Petroleum Place, sold $12.4 million of properties at its June 14 auction. • Toreador Resources Corp., Dallas, has acquired a 35% interest in EnergyNet.com Inc. EnergyNet auctions oil and gas properties on a real-time, online basis.
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