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ATP Signs GBP 265 Million Agreement to Sell a Portion of Its North Sea Assets
HOUSTON -- ATP Oil & Gas Corporation (NASDAQ:ATPG) and its wholly owned subsidiary ATP Oil & Gas UK Limited today announced that it has entered into a sale and purchase agreement for PS265 million or approximately $430 million with EDF Production UK Limited ("EDF"), a subsidiary of EDF International of...
Tags: agreement, reserve, SEC, U.K.
Research articles 2008-10-27
ATP Announces 3,500,000 Share Repurchase Program
HOUSTON -- ATP Oil & Gas Corporation (NASDAQ:ATPG) today announced that its Board of Directors has approved a share repurchase program of up to 3,500,000 shares or roughly 10% of the currently outstanding shares. The program, authorized through the end of 2011, will be funded by free cash flow and...
Tags: FINANCE, monetization, reserve, SEC
Research articles 2008-10-27
Long Lake Partners Celebrate Site Grand Opening
Joint-venture partners OPTI Canada Inc. ("OPTI") and Nexen Inc. ("Nexen") today marked the grand opening of the Long Lake Project ("Long Lake"). Long Lake is Canada's fourth major integrated oilsands project and the first to integrate in-situ bitumen recovery with gasification and onsite upgrading. Facility construction was completed earlier...
Tags: Alberta, reserve, SEC
Research articles 2008-10-23
Range Announces Sharply Higher Third Quarter Results
FORT WORTH, Texas -- RANGE RESOURCES CORPORATION (NYSE: RRC) today announced third quarter results. Range reported its 23rd consecutive quarter of sequential production growth as production for the third quarter averaged 388 Mmcfe per day, a 19% increase over the prior year. The increase was driven by exceptional drilling results...
Tags: Company, compensation, derivatives, FINANCE, financial, GAAP, Mmcfe, non-GAAP, Oil, Range Resources Corp., reserve, SALES, SEC
Research articles 2008-10-22
Nexen Provides Long Lake Project Update
Nexen Inc. provides the following update with respect to its Long Lake oilsands project. Final pre-operational testing of the upgrader is ongoing. The two gasifier trains necessary for start-up have been test-fired with vacuum residue feed in September and testing continues. Once all testing is completed in the gasification...
Tags: reserve, SEC
Research articles 2008-10-03
Exploration Drilling Confirms Mineralization at Beaufor Mine Below Current Infrastructure
Richmont Mines Inc. (TSX: RIC)(AMEX: RIC) and Louvem Mines Inc. (TSX VENTURE: LOV), today reported results from the 2008 exploration drilling program at their Beaufor Mine. Mining operations are currently conducted mainly in the C, CH and F Zones at a maximum depth of 630 metres. Exploration drilling has been...
Tags: Company, FINANCE, INTERNET, reserve, SEC, U.S.
Research articles 2008-10-01
Forest Oil Announces Completion of Acquisition in Greater Buffalo Wallow and East Texas Core Areas; Agreement to Sell Certain Assets in the Rockies; Third Quarter Net Sales Volumes Deferrals; and Updates 2008 Guidance
Forest closes Greater Buffalo Wallow and East Texas acquisition of 350 Bcfe of estimated proved reserves with additional net unrisked potential of 1.2 Tcfe and approximately 1,500 identified drilling locations; Forest's latest Cotton Valley horizontal best well to date announced at 9.9 MMcfe/d Forest enters into agreement to sell...
Tags: acquisition, agreement, asset, divestiture, FINANCE, Investment, reserve, SALES, SEC
Research articles 2008-09-30
U.S. Army Reserve and ManTech International Launch Recruiting Partnership
FAIRFAX, Va. -- The U.S. Army Reserve and ManTech International Corporation (Nasdaq:MANT) today announced the launch of a unique employer partnership that will allow both organizations to recruit, train and employ young people interested in serving the nation and pursuing a career in information technology. ManTech, a leading national security...
Tags: CAREER, FINANCE, ManTech International Corp., partnership, Reserve, SOFTWARE, Strategy, U.S. Army
Research articles 2008-09-29
XO Communications Named 2008 Air Force Reserve Citizen Airman Employer of the Year
XO Communications (OTCBB: XOHO) announced today that it has received the 2008 Air Force Reserve Citizen Airman Employer of the Year Award in the Officer Category from the Air Force Association, an independent nonprofit aerospace organization. The Air Force Association supports the U.S. Air Force and the Air Force...
Tags: Air Force, Cox, Government, Manufacturing, Reserve, SOFTWARE, TELECOMMUNICATIONS, U.S., WIRELESS, XO Communications Inc.
Research articles 2008-09-23
Nexen Provides Hurricane Ike Update
Following the initial assessment of damage to its assets in the Gulf of Mexico caused by Hurricane Ike, Nexen Inc. provides the following update. Our Green Canyon 6, 50 and 137 deep-water fields are shut-in following the toppling of a third-party processing platform. We are currently evaluating alternative production...
Tags: chemicals, reserve, SEC
Research articles 2008-09-23
These Walls: The Federal Reserve building in Oklahoma City
Money used to flow through the Federal Reserve building in Oklahoma City on a constant basis. Billions, possibly trillions of dollars passed through the halls of the building regularly, but these days one is more likely to find office tenants at The Reserve rather than copious amounts of...
Tags: bank, Federal Reserve Board, Reserve
Research articles 2008-09-22
IAMGOLD Rosebel Progress Report and Exploration Objectives
IAMGOLD Corporation ("IAMGOLD" or "the Company")(TSX: IMG)(NYSE: IAG)(BOTSWANA: IAMGOLD) is pleased to provide an interim update on exploration activity in and around its 95%-owned flagship Rosebel Gold Mine in Suriname, South America. To September 1st, approximately 2/3 of the 2008 planned drilling program of 63,000 meters has been completed...
Tags: Company, concession, deposit, E-mail, Fax, INTERNET, kilometer, reserve, SEC
Research articles 2008-09-22
NovaGold Starts Gold Production at Rock Creek Mine in Nome, Alaska
NovaGold Resources Inc. (TSX: NG)(AMEX: NG) today announced that it has received regulatory authorizations and has begun production at its Rock Creek gold mine near Nome, Alaska. State regulators have approved the start of production, allowing NovaGold to begin fully processing ore and depositing inert tailings material into the Tailings...
Tags: Alaska, FINANCE, Quality, reserve, SEC, U.S.
Research articles 2008-09-19
Samson Oil & Gas Determines Sabretooth Reserves
SABRETOOTH PROSPECT - DAVIS BINTLIFF #1 (Working Interest 12.5%, Net Revenue Interest 9%) DENVER & PERTH, Australia -- Samson Oil & Gas Limited (AMEX: SSN) (ASX: SSN) announced today that drilling operations have been completed at the Davis Bintliff #1 well. Casing and cementing operations were completed and...
Tags: MARKETING, Pricing, reserve, SEC
Research articles 2008-09-10
ABC Funding, Inc. Closes Acquisition of Voyager Gas Corporation for $42.0 Million
HOUSTON -- ABC Funding, Inc. ("ABC" or the "Company") (OTCBB:AFDG) announced today that it closed its acquisition of all of the outstanding capital stock of Voyager Gas Corporation ("Voyager"), for cash consideration of $35.0 million plus 10,000 newly issued shares of ABC's Series D Preferred Stock, having an agreed upon...
Tags: ABC Funding Inc., ABC Inc., acquisition, agreement, Company, FINANCE, Investment, reserve
Research articles 2008-09-03
Oil prices ease as US taps strategic reserves
SINGAPORE AFP — Oil prices fell in Asian trade Wednesday as the US government announced the release of oil from its strategic reserve to help with recovery efforts after Hurricane Gustav. In afternoon trade New York's main contract, light sweet crude for October delivery, dropped 71 cents to 109.00...
Tags: Agence France-Presse, barrel, HARDWARE, OPEC, reserve, Singapore, Storage
Research articles 2008-09-03
Nexen Provides Long Lake Project Update
Nexen Inc. announces that the Long Lake project is proceeding well and the upgrader remains on track for start up and first production of Premium Synthetic Crude (PSCTM) this month. Commissioning is over 90% complete and the final major activity, testing of the gasifiers, is underway. We finished repairs on...
Tags: reserve, SEC
Research articles 2008-09-03
Optimization Study Improves Geovic Cameroon Cobalt Project
Geovic Mining Corp. ("Geovic" or "The Company") (TSX: GMC)(OTCBB: GVCM), on behalf of its 60%-owned subsidiary Geovic Cameroon PLC GeoCam, is pleased to announce results of an Optimization Study OS of the Nkamouna Cobalt-Nickel-Manganese Project in Cameroon, Africa. The OS includes many improvements to the December 2007 Feasibility Study FS,...
Tags: Cobalt Networks, FINANCE, financial, financing, Investment, reserve, SEC, U.S.
Research articles 2008-09-03
US to release reserve oil for Gustav recovery efforts
WASHINGTON AFP — The United States is releasing 250,000 barrels of oil from its strategic reserve to help with recovery efforts in the wake of Hurricane Gustav, the Energy Department announced. "The oil is needed because of the closure of Louisiana's Calcasieu channel and disruptions in oil supply caused...
Tags: Agence France-Presse, Louisiana, refinery, reserve
Research articles 2008-09-02
Brazil starts to tap deepwater oil field
RIO DE JANEIRO AFP — Brazil will on Tuesday start to tap a deepwater offshore oil field that could presage how difficult it will be to pump reserves in vast new fields located even farther out to sea. The pipes in the Jubarte field, 77 kilometers (48 miles) off...
Tags: Agence France-Presse, Brazil, kilometer, offshore, Outsourcing, reserve, Salt
Research articles 2008-09-01
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