Redcorp Announces Court Ordered Extension of Stay and Related Relief Under CCAA Restructuring
Redcorp Ventures Ltd. announced that all of the relief granted in the order made by the British Columbia Supreme Court pursuant to its filing with Redfern Resources Ltd. under the Companies’ Creditors Arrangement Act (“CCAA”) on March 4, 2009, including the stay period as therein defined, is continued and extended until June 16, 2009 by order of the Court. The Court ordered that Redcorp...
Cadre Services Expands Operations to Northern Louisiana
Cadre Services, Inc announced the expansion of its operations to Northern Louisiana. The new regional operation, with facilities in Bossier City, will provide the full complement of Cadre services to customers in this growing energy-producing region. These services include oilfield construction, pipeline services, pump and fabrication services and material products. Joe Cucinotta has been named Location...
Flint announces new construction contract for StatoilHydro’s Leismere Oilsands Project
Flint Energy Services Ltd. announced the Company has been awarded a $50 million (Canadian dollar) construction contract by StatoilHydro Canada Limited, the Canadian business unit of StatoilHydro, for work on the Leismer Oilsands Demonstration Project located near Fort MacMurray, Alberta. The contract will involve the site construction of the central plant’s mechanical components for the new...
Flint Announces Fluid Hauling and Pressure and Vacuum Contract Awards in Northeast Alberta
Flint Energy Services Ltd. announced that the Company has been awarded two contracts to provide fluid hauling and pressure and vacuum services to two major oil producers in Northeast Alberta valued at $125 million (Canadian dollars) over the next five years. The first, a five year contract, worth an estimated C$15 million annually, is with an existing customer in Northeast Alberta. This contract will...
Hycarbex-American Energy, Inc. Announces Approval of Contract for Surface Facility and Placement of Rig for New Exploratory Well
The American Energy Group, Ltd. announced that Hycarbex-American Energy, Inc. has updated its scheduling for the construction of its surface treatment facility for its Haseeb #1 Well and for its new exploratory well on Yasin Block (2768-7). The American Energy Group, Ltd. owns an 18% gross royalty in the Yasin Block (2768-7) Concession, including the Haseeb # 1 Well. The working interest is co-owned...
American Titanium Works Selects Laurens County for First Titanium Mini-Mill Facility in North America and Greenville County/CU-ICAR for a R&D Tech Center
Gov. Mark Sanford and Thomas Sax, CEO of American Titanium Works (ATW), announced that ATW will build a world-class titanium mini-mill facility in Laurens County, South Carolina. American Titanium Works LLC, headquartered in Chicago, Illinois, will invest an estimated $422 million and plans to employ 320 people at its new facility in Laurens County. Under one roof, uniquely efficient manufacturing...
Tanner Companies Announces Name Change to Cadre Services, Inc.
Tanner Companies, a premier provider of oilfield services primarily in Texas and Louisiana, announced that it has changed its name to Cadre Services, Inc. The change is effective immediately. “Over the past 25 years, Tanner Companies has proudly served the oil and gas market with a growing portfolio of products and services ranging from oilfield construction and pipeline services to pump, fabrication...
Mechel OAO Announces the Acquisition of HBL Holdings
Mechel OAO, one of the leading Russian mining and metals companies, announces the acquisition of a 100% stake in HBL Holding GmbH by its Mechel Service OOO service and sales subsidiary. The acquisition is consistent with Mechel Service OOO’s continued implementation of its program of expanding its sales network, enhancing and extending range of its services, and enlarging its client base. Ownership...
Todd Shipyards Corporation Announces Ratification of Labor Contract with Metal Trades Council
Todd Shipyards Corporation announced that its wholly owned subsidiary, Todd Pacific Shipyards Corporation, has reached an agreement with the Puget Sound Metal Trades Council for a new five-year collective bargaining agreement. The Agreement was ratified by the employees of Todd by more than a 2-1 margin. Todd’s employees are represented by eleven local unions that negotiate under the umbrella of...
Technip Awarded Two New Frame Agreements by BP for Subsea Oilfield Developments in Angola
Technip and its subsidiary Angoflex Ltda. have been awarded two new major frame agreements by BP Exploration Ltd. for oilfield developments in Angola, covering: * engineering, procurement and manufacture of flexible pipe, * engineering, procurement and manufacture of umbilicals(1) and associated equipment. These frame agreements are part of BP’s deepwater development programme in Angola....
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American Mining Corporation announce that it has signed a binding letter of intent to enter...
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