LJM plans IPO

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LJM Energy Corp., a startup oil and gas company headquartered in Reno, plans a $1 million public offering of common stock limited to residents of Colorado.

The company filed a registration statement for the offering last week with the Securities and Exchange Commission.

Incorporated in March, LJM owns a 3 percent interest in a proposed three-well exploration program in Pottawatomie County, Okla. The company is headed by Joel Felix.