Eastern

Results 21 - 30 of about 325 news for the tag: Eastern.

Quest Minerals & Mining Set for Production Pending Final Directional Engineering Reports

July 3rd, 2008

Quest Minerals & Mining Corp., announced today that its Pond Creek Location is ready to commence coal production operations pending the issuance of final directional engineering reports “spats” by its internal engineering firm, Alchemy Engineering. Management expects said reports to be issued by July 9, 2008 and plans to update the public with production numbers [...]

Pride International, Inc. to Host Analyst Meeting

July 1st, 2008

Pride International, Inc. announced it will host an Analyst Meeting on Tuesday, November 18, 2008 from 8:30 a.m. to 12:00 p.m. CT. The meeting will be held at the Omni Hotel in Houston, Texas. Additional details on the meeting, including presenters, topics to be discussed and information on a live internet broadcast will be posted [...]

Teton Energy Announces Syndication of Existing Bank Credit Facility

July 1st, 2008

Teton Energy Corporation announced today that it successfully syndicated its three-year $150 million bank credit facility to a group of four domestic banks. The facility was originally underwritten by JPMorgan Chase Bank, N.A., which will continue to act as the administrative agent on the facility. Joining JPMorgan in the bank group are Royal Bank of [...]

Best Energy Reports Financial Results for First Fiscal Quarter 2008

June 25th, 2008

Best Energy Services, Inc. (OTC Bulletin Board: BEYS), a U.S. energy production equipment and services provider, today announced its financial results for the first fiscal quarter, ended April 30, 2008, including the results for subsidiaries Bob Beeman Drilling Company and Best Well Service, Inc., which were both acquired on February 14, 2008, and comparable results [...]

Italy’s ERG in Lukoil Deal

June 25th, 2008

ERG SpA, Italy’s largest independent refiner, said Tuesday signed a joint venture deal with Lukoil, Russia’s largest private oil company.
ERG said in a statement that a new company will be created — 51 percent owned by the ERG Group and 49 percent by Lukoil.
ERG will contribute the assets of its refinery in Priolo, a town [...]

Hecla Mining Co. sells $25 million in Venezuela assets

June 21st, 2008

Hecla Mining Co. says it is selling its subsidiaries in Venezuela to Rusoro Mining Ltd. in a deal worth $25 million.
The company says Rusoro, of Vancouver, British Columbia, will pay $20 million and give up Rusoro stock worth $5 million to purchase assets including leases for the Isidora gold mine and La Camorra mining facility [...]

Atlas Energy drills 4 wells in E. Tennessee, says it can bore more for $1.1 million apiece

June 21st, 2008

Atlas Energy Resources LLC said Friday it has drilled four successful horizontal wells in the Chattanooga Shale of Eastern Tennessee.
The results suggest wells can be drilled in the deposit at a cost of about $1.1 million apiece, and that they are capable of producing the equivalent of 300,000 to 500,000 cubic feet of gas per [...]

Key Energy Services Senior VP Phil Coyne exercises options for 22,500 shares of common stock

June 14th, 2008

The senior vice president of the Eastern region of Key Energy Services Inc., which provides oil drilling services, exercised options for 22,500 shares of common stock, according to a Securities and Exchange Commission filing.
In a Form 4 filed Thursday with the SEC, Phil Coyne reported he exercised the options Wednesday for $10.53 and $15.05 apiece [...]

ArcelorMittal Announces Acquisition of Canadian Metals Recycler Bakermet

June 9th, 2008

ArcelorMittal, the world’s largest and most global steel company, today announced that it has signed an agreement to acquire Bakermet, a market leader in the scrap metal recycling industry in Eastern Ontario, Canada.
Bakermet, which specializes in all types of ferrous and non-ferrous metal, processed approximately 130,000 short tons of ferrous and 40 million pounds of [...]

Inmet Mining presentation at RBC Capital Markets’ 2008 Global Mining and Materials Conference

June 6th, 2008

Mr. Jochen Tilk, President and Chief Operating Officer of Inmet Mining Corporation (IMN-TSX), will be speaking on Wednesday, June 11, 2008 at 9:30 a.m. (Eastern Time) at the RBC Capital Markets’ 2008 Global Mining and Materials Conference being held in Toronto, Ontario, at the Four Seasons Hotel. A webcast link and slides of the presentation [...]