RedHawk Energy Acquires Xxtreme Group for $66.0 Million

RedHawk Energy Corporation announced that it has acquired 100% of the membership interests of Texas-based Xxtreme Pipe Services, LLC, Xxtreme Pipe Storage, LLC, Xxtreme Tubular Processors, LLC and Wolf Pack Rentals, L.L.C. (collectively, the “Xxtreme Group”) for $66.0 million in cash, preferred stock and assumed debt. The purchase price is subject to certain post-closing adjustments. Headquartered... 

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Royal Dutch Shell plc: New Accounting Segmentation

Royal Dutch Shell plc has implemented, as from 1 July, 2009, a series of changes to senior management roles and responsibilities. Accounting disclosure segmentation, as from the third quarter 2009, will reflect the new organisational structure. These changes will reduce Shell’s administrative costs, simplify the presentation of Shell’s financial results, and at the same time provide additional... 

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Callinan Mines Is Protecting its Interest in the 777 and Callinan Mines

In the context of HudBay Minerals Inc.’s pending business combination with Lundin Mining Corporation and the subsequently announced alternative breakup bid by Jaguar Financial Corp, Callinan Mines will take all necessary actions to defend and preserve its interest in the Callinan and 777 Mines and the potential damages which may be awarded in Callinan’s court action against HudBay Minerals... 

North Bay Receives 15c2-11 Clearance; Announces Plans to Uplist

In an effort to enhance shareholder value and provide full transparency in conformity with recent trends, North Bay Resources Inc. announced that it is proceeding with its recently announced plans to become a fully reporting company and to move the Company’s stock to the OTC Bulletin Board. As a first step in this process, the Company is pleased to announce that its designated market maker, Glendale... 

Gray Creek Mining Inc. Acquired by Budget Waste Inc.

Gray Creek Mining Inc. announces that effective November 10, 2008, it has acquired from Budget Waste Inc., a Nevada corporation its wholly owned subsidiary, Budget Waste Inc., an Alberta corporation, which holds and controls 100% of BWI’s assets and business operations, for approximately 52% of the outstanding shares of common stock of Gray Creek in a share exchange transaction. The effect of... 

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Pride International, Inc. Announces Management Appointment to Mat-Supported Jackup Business

Pride International, Inc. announced that Steven A. Manz has been appointed to the position of Vice President and Chief Financial Officer of Pride’s mat-supported jackup rig business and will join the company immediately. The decision follows the appointment in September 2008 of Randall D. Stilley to the role of Chief Executive Officer of the business. Mr. Manz was most recently a Director of... 

Carrizo Oil & Gas, Inc. and Avista Capital Partners Announce Formation of Joint Venture in Marcellus Shale

Carrizo Oil & Gas, Inc. and Avista Capital Partners announced that they have entered into a joint venture to pursue growth opportunities in the Marcellus Shale. Under the terms of the agreement, Carrizo and Avista have each committed to contribute up to $150 million in cash and properties to acquire and develop acreage in the Marcellus Shale play, including the dedication of all of their respective... 

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Newmont Announces Executive Vice President, Operations and Other Executive Management Appointments

Newmont Mining Corporation announced the selection of Brian Hill as Executive Vice President, Operations and other executive management appointments, effective October 1, 2008. Richard O’Brien, Newmont’s President and CEO, said, “Our Executive Leadership Team is now established and well positioned to drive further improvement in our operational and project execution. As we continue... 

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Axcess Micro-Wireless IDs Rolled out in West Virginia for Miner Safety

Axcess International, Inc., a leading provider of Micro-Wireless business activity management solutions, today announced the rollout of its long range Micro-Wireless IDs across an initial 30 West Virginia mines to enable mine operators to comply with the new safety regulations outlined in The Miner Act of 2006. The Axcess miner tagging solution is embedded into a complete Federal agency approved system... 

Sherwood Sets Shareholder Meeting Date for Capstone Combination

Sherwood Copper Corporation announced that it has set November 14, 2008 as the date for a special meeting of its shareholders to vote in respect of the business combination with Capstone Mining Corp., details of which were announced on September 8, 2008. Since the date of the announcement, Sherwood’s management has had discussions with the majority of its shareholders, who have indicated that... 

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