Petrohawk Energy Corporation announced that it will reduce its 2009 capital budget by a third and reallocate spending to more heavily weight projects with the highest internal rates of return and highest potential for reserve growth, namely, development in the Haynesville and Fayetteville Shales.
The shift allows the Company to further affirm its strong capitalization. The [...]
GE Oil & Gas has expanded its PII Pipeline Solutions technical staff and engineering analysis services in Calgary on behalf of Canadian pipeline operators.
GE increased its pipeline data analysis department by 17 people in 2008 and its integrity engineering department to nine, full-time desk engineers, including a data software engineer to enable the newly enhanced [...]
Hines Bending Inc., the leading original equipment manufacturer of mandrel bending equipment, announced today it had added a powerful interactive feature to its web site. “George W,” Hines’ new talking spokesperson, greets visitors and explains the many benefits buyers receive with a Hines Mandrel Bending Machine.
“The Prez is an advocate of small business,” said Jim [...]
Rio Tinto Alcan has successfully completed its rehabilitation of the Pramont industrial residue disposal site in the Valais region, which is now integrated into a regional framework for environmental protection on the left bank of the Rhone River between Sierre and Granges, Switzerland.
“This rehabilitation is the outcome of eight years of hard work and regional [...]
Delta Petroleum Corporation, an independent oil and gas exploration and development company, announced that it has signed agreements for two separate transactions in the Columbia River Basin of Washington and Oregon. The first is a transaction with EnCana USA, Inc., through which Delta has acquired all of EnCana’s net leasehold position and interest in wells [...]
Unit Corporation announced that it will participate at The Merrill Lynch Global Energy Mid and Small Cap Conference, which will be held October 1st – 2nd, 2008 in New York, New York. Unit’s presentation will be broadcast live over the Internet on Wednesday, October 1st at 9:05 a.m. Eastern Time. Listeners may access the webcast [...]
Ameron International Corporation reported net income of $15.0 million, or $1.63 per diluted share, in the third quarter ended August 31, 2008, compared to $21.1 million, or $2.32 per diluted share, in the third quarter ended August 26, 2007. Sales in the third quarter of 2008 totaled $170.1 million, compared to sales of $165.0 million [...]
CME Group, the world’s largest and most diverse derivatives exchange, announced that it will launch US Midwest Domestic Hot-Rolled Coil (HRC) steel futures contracts for trading and clearing on CME Globex® and ClearPort®, beginning on October 19 for the October 20 trade date.
The contract will be financially settled against an index developed by CRU International [...]
Dominion announced that it is amending its agreement with Antero Resources, and will assign drilling rights to 114,259 acres in the Marcellus Shale prospect to Antero for about $347 million, or about $3,037 per acre, a higher value per acre than the prior agreement. Dominion expects to close the amended agreement on September 30.
The amount [...]
DuPont Titanium Technologies today announced a price increase for all DuPont(TM) Ti-Pure® titanium dioxide grades sold in Latin America.
Effective Oct. 1, Latin American prices for all DuPont titanium dioxide grades will increase by $150 (USD) per metric ton. This increase is in addition to the price increases previously announced.
“Demand for TiO2 remains strong. Higher raw [...]
