Mechel OAO, one of the leading Russian mining and metals companies, announces the establishment of its East-European Steel Division on the bases of its Romanian steel subsidiary, Mechel Targoviste.
Following the acquisition of Ductil Steel in the spring of 2008, Mechel Group owned four steel companies in Romania: Mechel Targoviste, Mechel Campia Turzii, Ductil Steel Buzau [...]
TransAtlantic Petroleum Corp. announced today its intention to make an all cash takeover offer for all of the shares in Incremental Petroleum Limited. Incremental is publicly traded on the Australian Stock Exchange under the symbol “IPM.” Incremental is an oil and gas company with its main operations in Turkey and some additional properties in California, [...]
Mechel OAO, one of the leading Russian mining and metals companies, announces the establishment of its East-European Steel Division on the bases of its Romanian steel subsidiary, Mechel Targoviste.
Following the acquisition of Ductil Steel in the spring of 2008, Mechel Group owned four steel companies in Romania: Mechel Targoviste, Mechel Campia Turzii, Ductil Steel Buzau [...]
Sterling Resources Ltd. announce that it has successfully completed testing of the East Breagh well located in the U.K. Southern North Sea Block 42/13. Sterling holds a 45% interest and is the operator of the block.
The well was tested from the upper zone perforations 7490 feet measured depth (md) to 7560 feet md at controlled [...]
Sterling Resources Ltd. report that operations on the Cladhan exploration well on Block 210/29a in the United Kingdom Northern North Sea have commenced, with the arrival of the Transocean 704 semi-submersible rig at the site. The well is targeting an Upper Jurassic prospect and is anticipated to take 35 days to drill. Sterling is the [...]
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 [...]
TransAtlantic Petroleum Corp. announce it has reached agreement with Sterling Resources Ltd. to farm-in to Sterling’s Sud Craiova Block E III-7, covering 6,070 square kilometers (1.5 million acres) onshore western Romania. The agreement is subject to completion of formal documentation and approval by the Romanian National Agency for Mineral Resources.
In exchange for a 50% working [...]
Sterling Resources Ltd. announce that it has reached an agreement in principle with TransAtlantic Petroleum Corporation (”TransAtlantic”) to farm out a 50% working interest in the large (1,500,000 acre) South Craiova Block E III-7 located onshore Romania. The agreement is subject to the completion of formal documentation and approval by the Romanian National Agency [...]
TransAtlantic Petroleum Corp. announced that it is changing its operating strategy from a prospect generator to a vertically integrated project developer. To execute this new strategy, the Company has agreed in principle to acquire Longe Energy Limited (”Longe”), an entity associated with the Company’s Chairman, N. Malone Mitchell 3rd, in conjunction with a private placement [...]
Mechel OAO, one of the leading Russian mining and metals companies, announces it is launching a gas cleaning system in the arc furnace shop of its Otelu Rosu facility at Ductil Steel, a Romanian company acquired by Mechel in April 2008.
Commissioning of the gas cleaning system was timed with the celebration of Metallurgist Day in [...]
