NuStar Energy L.P. announced record net income applicable to limited partners of $141.5 million, or $2.60 per unit, for the third quarter of 2008, almost three times higher than the $45.4 million, or $0.97 per unit, earned in the third quarter of 2007. The third quarter 2008 results represent the highest quarterly earnings in the [...]
Metalico, Inc. has realigned and upgraded its Platinum Group Metals management team with the hiring of three veterans in key positions.
Andrew V. Masterman has been named PGM Group president with overall responsibility for Metalico’s precious metal recycling operations. Patricia M. Kennedy manages PGM administration, logistics and operations systems. Stephen B. Halliday takes over as general [...]
NovaGold Resources Inc. announced that it has obtained a secured bridge loan in the amount of US$20 million from Auramet Trading, LLC. Auramet, based in Fort Lee, New Jersey, is a leading merchant banking and advisory firm specializing in the global resource sector. The proceeds of the Loan will be used by NovaGold for general [...]
New Jersey Mining Company announces that its Idaho Ramp, which is being driven to develop gold reserves at the Golden Chest mine near Murray, Idaho, has intercepted a high grade tungsten vein. A 2-meter chip sample across the vein assayed 8.36% tungsten trioxide (WO3).
Recent prices for tungsten imply the vein has a gross value of [...]
Foster Wheeler Ltd. announced that its subsidiary Foster Wheeler USA Corporation, part of its Global Engineering and Construction Group, has been awarded contracts by BP Products North America for the engineering, procurement and fabrication of a 102,000 barrels per stream day (bpsd) six-drum delayed coking unit and gas plant facilities at BP’s Whiting refinery in [...]
Multi-Shot, LLC and Denham Capital announced that Denham will make a majority equity investment of $165 million in Multi-Shot, a leading independent provider of directional drilling services in the North American oilfield services industry.
Multi-Shot, headquartered in Conroe, Texas, is an independent directional drilling services company. The Company operates throughout the continental United States. It has [...]
Atlas Energy Resources, LLC has just announced a report to the media saying that it has appointed R. Randle Scarborough as an independent member of the Board of Directors. Mr. Scarborough’s appointment to the board will increase the number of independent Atlas Energy board members to four, in order to comply with requirements of the [...]
Atlas Energy Resources, LLC has released a report saying that it has appointed R. Randle Scarborough as an independent member of the Board of Directors. Mr. Scarborough’s appointment to the board will increase the number of independent Atlas Energy board members to four, in order to comply with requirements of the New York Stock Exchange. [...]
Beacon Energy Corp., an emerging producer and investor in the developing biodiesel sector, has become a wholly-owned subsidiary of Beacon Energy Holdings, Inc., a public reporting company. As a result of the transaction, all stockholders of Beacon Energy Corp. exchanged their interests for stock of the public company.
Source: Beacon Energy Corp.
Beacon Energy Corp. was formerly [...]
Cabot Oil & Gas Corporation announced that it has priced a public offering of 4,350,000 shares of its common stock at price to the public of $65.27 per share. The size of the offering represents an increase over the 3,600,000 shares that the Company had previously announced. Proceeds of the offering are expected to [...]
