Natco Group Inc, An oil services company, said Wednesday is has received a $24.9 million contract to provide membrane technology for an oil field off the Libyan coast. As part of the deal awarded in May, the company will supply a Cynara membrane system to capture carbon dioxide for re-injection into Bouri, Libya’s largest offshore [...]
a fast-growing E&P company with reserves and production from leases located in northern Louisiana, Southern Star Energy Inc, published a report saying that it closed on a $25 million Senior First Lien Secured Revolving Credit Agreement (Revolver) with Macquarie Bank Limited. Proceeds from this facility will be used to fund the development of Southern Star’s [...]
An independent domestic oil and natural gas company, Rock Energy Resources Inc, told the press that an audio replay of the conference call hosted by management yesterday afternoon has been posted to its web site. During the call, the Company’s founder, Chairman and CEO, Rocky Emery, and Vice Chairman Mark Harrington discussed topics primarily outlined [...]
Allegheny Technologies Incorporated expects second quarter 2008 earnings to be in the range of $1.65 to $1.67 per share, including a $0.11 per share one-time net tax benefit. ATI had previously said that it expected second quarter earnings to be somewhat higher than the $1.40 per share achieved in the first quarter 2008.
“ATI is benefiting [...]
Strathmore Minerals Corp. is pleased to update progress on its uranium mill and tailings design and studies being carried out by the Company for its uranium projects in northwestern New Mexico. The Company and its Joint Venture partner, Sumitomo Corporation of Japan, have made considerable progress in the evaluation of designing and identifying the optimal [...]
FMC Technologies, Inc. announced that it signed a contract with StatoilHydro for the manufacture and supply of additional subsea equipment for its Norne field development, located in the Norwegian Sea. The contract, valued at approximately $87 million in revenue, is a call-off from a frame agreement that was originally signed in 2007.
FMC’s scope of supply [...]
CGGVeritas provides its vessel utilization and fleet allocation updates for the second quarter of 2008 and announces the release date for the second quarter financial results.
Vessel utilization update for the second quarter 2008:
Going forward, CGGVeritas will publish on a quarterly basis a vessel utilization update. Two indicators will be disclosed:
- Vessel availability rate, a metric [...]
Wescorp Energy Inc., an oil and gas technology solutions provider, is pleased to announce that Flowstar Technologies, a wholly-owned subsidiary, has launched its proprietary IFMWorks web-enabled hosting solution. IFMWorks system is designed to be used in a wide range of flow measurement and production data applications. It has the ability to collect data from remote [...]
Continental Resources, Inc. announced initial results from its Mathistad 1-35H well completed in the Three Forks/Sanish formation in the North Dakota Bakken Shale area. The McKenzie County well, in which Continental has a 40% working interest, is the second that the Company has completed in the Three Forks/Sanish formation in North Dakota.
“The Mathistad 1-35H commenced [...]
FMC Technologies, Inc. announced that it will issue its second quarter 2008 earnings release after the market closes on Thursday, July 24, 2008. The company also announced it will host its second quarter 2008 earnings release teleconference on Friday, July 25, at 9:00 a.m. EDT.
The call can be accessed by dialing 877-307-5429 (U.S. / Canada) [...]
