Latrobe Specialty Steel welcomes the news that Local 1537 of the United Steelworkers approved today the collective bargaining agreement negotiated Friday evening and that the twelve-week work stoppage is ending.
“I know that I speak for every Latrobe Specialty Steel employee when I say that we appreciate the return of our hourly colleagues. We have reached [...]
Precision Drilling Trust’s released a report that its cash distribution has been approved by the board of trustees of $0.13 per trust unit of Precision. The distribution will be payable on August 15, 2008 to unitholders of record on July 31, 2008. The ex-distribution date is July 29, 2008. Holders of Class B limited partnership [...]
The answer to the title question is that the best deal in the sector of energy today is the one which is undone. However it does nor necessarily mean that the Transocean shereholders has nothing to proud of. The company has just scored fresh contract of four from Petrobras. Generally every single contract of Offshore [...]
In response to inquiries, Precision Drilling Trust (”Precision”) clarified today for its unitholders that it will immediately re-approach the board of directors of Grey Wolf, Inc. (”Grey Wolf”) with its June 24, 2008 US$10.00 per share proposal if the merger agreement with Basic Energy Services, Inc. (”Basic”) is terminated.
Precision will await the outcome of [...]
Grey Wolf Inc., which drills oil and gas wells, rejected a third unsolicited takeover bid from Precision Drilling Trust, reaffirming its commitment to a previous agreement with Basic Energy Services Inc.
Grey Wolf said the Precision proposal undervalues the company and does not represent a significant premium to shareholders.
Grey Wolf also did not Precision refusal to [...]
Drilling company Grey Wolf Inc. has turned down Precision Drilling Trust’s third unsolicited buyout offer.
In its third proposal, received June 24, Calgary-based Precision proposed to acquire all Houston-based Grey Wolf’s stock for $10 a share. The proposal contained a statement saying it was the company’s final offer for Grey Wolf .
The board of directors [...]
Cardero Resource Corp. (”Cardero” or the “Company”) (Toronto:CDU.TO)(AMEX:CDY)(Frankfurt:CR5.F) is pleased to announce that, as part of the Company’s strategy to focus on its pre-eminent Pampa De Pongo and Pampa el Toro Iron Ore deposits in the Marcona District of Peru, it has signed a letter of intent dated June 12, 2008 (”LOI”) with Ethos Capital [...]
Alcoa again has been named one of the World’s Most Ethical Companies by Ethisphere, a think-tank dedicated to the research and promotion of profitable best practices in global governance, business ethics, compliance and corporate responsibility. The recipients were announced during the Ethisphere and Forbes joint-conference, “Driving Profit through Ethical Leadership” held yesterday in New York. [...]
Victory Nickel Inc. (”Victory Nickel” or the “Company”)(TSX:NI - News; www.victorynickel.ca) today announced that recent re-interpretation of an airborne electromagnetic and magnetic survey identifies drill targets at the Minago nickel project extending to a vertical depth in excess of 1.5 kilometres and confirms the potential for a continuous mineralized body linking the Nose Deposit and [...]
Mr. David Johnson, President and CEO of ProEx Energy Ltd. (”ProEx” or the “Company”) will present at the 2007 CAPP Oil & Gas Investment Symposium on Tuesday, June 19, 2007 at 3:50 p.m., Calgary time and on Wednesday, June 20, 2007 at 8:00 a.m., Calgary time.
A live webcast of the ProEx presentation on Tuesday, June [...]
