TORONTO--(BUSINESS WIRE)--Superior Plus Corp. (“Superior”) (TSX:SPB) is pleased to announce it has entered into an agreement to acquire substantially all of the propane distribution assets of Musco Fuel & Propane LLP (“Musco”), an independent propane distributor in Connecticut serving residential and commercial customers (the “Acquisition”). The Acquisition is anticipated to close during the fourth quarter of 2018, subject to the satisfaction of certain … [Read more...]
ATI and NLMK Sign Carbon Steel Hot-Rolling Conversion Agreement
PITTSBURGH--(BUSINESS WIRE)--Allegheny Technologies Incorporated (NYSE: ATI) announced today it has signed an agreement to provide carbon steel hot-rolling conversion services for NLMK USA at ATI’s world-class Hot-Rolling and Processing Facility, or HRPF, located in Brackenridge, PA. Slab shipments to ATI will begin immediately and increase to anticipated production levels in the first quarter of 2019. This agreement covers conversion services through … [Read more...]
REV Group’s Capacity Trucks Introduces LNG-Fueled Terminal Tractors
The NEW L9N Engines Are Set to Compete with Current Diesel Offerings MILWAUKEE--(BUSINESS WIRE)--REV Group (NYSE: REVG), a manufacturer of industry-leading specialty vehicle brands and a leading provider of parts and services, has announced the introduction of liquid natural gas (LNG) fueled engines in their Capacity TJ9000 L9N terminal tractors. LNG is considered by many to be a cleaner energy source when compared to traditional Diesel options. … [Read more...]
Stork Awarded UK Offshore Asset Integrity Contract Extension by Chrysaor
IRVING, Texas & UTRECHT, Netherlands--(BUSINESS WIRE)--#Offshore--Fluor Corporation (NYSE: FLR) announced today that Stork, part of Fluor’s Diversified Services segment, was awarded a two-year contract extension by Chrysaor to deliver integrated specialist asset integrity services for its Armada, Everest and Lomond offshore production platforms located in the Central North Sea. Fluor booked the undisclosed contract value in the third quarter of 2018. … [Read more...]
Graham Corporation Announces Second Quarter Fiscal Year 2019 Financial Results Release and Conference Call
BATAVIA, N.Y.--(BUSINESS WIRE)--Graham Corporation (NYSE: GHM), a global business that designs, manufactures and sells critical equipment for the oil refining, petrochemical, power and defense industries, announced today that it will release its financial results for the second quarter of fiscal year 2019, which ended September 30, 2018, before the opening of financial markets on Thursday, November 8, 2018. The Company will host a … [Read more...]
Samson Oil & Gas Pending Asset Sale
DENVER & PERTH, Australia--(BUSINESS WIRE)--As previously advised, Samson Oil and Gas USA, Inc, a wholly-owned subsidiary of Samson Oil and Gas Limited (ASX:SSN and OTCQB:SSNYY), entered into a Purchase and Sale Agreement (PSA) with Eagle Energy Partners, I, LLC (Eagle or Buyer) for the sale of substantially all of Samson’s Foreman Butte Project, located in the Williston Basin in North Dakota and Montana, for cash consideration of US$40 million, effective … [Read more...]
Horizon Petroleum Announces Closing of Second and Final Tranche of Private Placement
CALGARY, Alberta--(BUSINESS WIRE)--Horizon Petroleum Ltd. (the “Company” or “Horizon”) (TSXV:HPL) is pleased to announce that it has closed the second and final tranche of the private placement previously announced on June 13, 2018 (the “Private Placement”). The final tranche consisted of the issuance of 2,960,000 common shares (“Common Shares”) at a price of $0.05 per Common Share for proceeds of $148,000, bringing the total gross proceeds of the … [Read more...]
Earthstone Energy Announces Northern Midland Basin Asset Acquisition for $950 Million and Preliminary 2019 Capital Expenditure Program and Operational Guidance
Midland Basin Footprint to Increase by 69% and Approximately Double Both Current Production and Gross Operated Midland Basin Locations THE WOODLANDS, Texas--(BUSINESS WIRE)--Earthstone Energy, Inc. (NYSE: ESTE) (“Earthstone”) today announced that it has entered into an agreement (the “Agreement”) with Sabalo Holdings, LLC (“Sabalo Holdings”), whereby Earthstone will acquire all of Sabalo Holdings’ interests in Sabalo Energy, LLC (“Sabalo”) and Sabalo Energy, Inc., whose assets include both … [Read more...]
Phillips 66 Partners Announces 5.3 Percent Increase in Quarterly Cash Distribution
HOUSTON--(BUSINESS WIRE)--Phillips 66 Partners LP (NYSE: PSXP) announces that the board of directors of its general partner declared a third-quarter 2018 cash distribution of $0.792 per common unit. This quarter’s distribution represents an increase of 5.3 percent over the previous quarterly distribution of $0.752 per unit and a 22.6 percent increase over third-quarter 2017. The distribution increase is consistent with previous guidance that the partnership expects a 30 percent compound annual … [Read more...]
Tidewater and GulfMark Announce Filing of Definitive Proxy Statement
Transaction Expected to Close on or about November 15, 2018 HOUSTON--(BUSINESS WIRE)--Tidewater Inc. (NYSE: TDW) (“Tidewater”) and GulfMark Offshore, Inc. (NYSE: GLF) (“GulfMark”) announced today the filing of the joint definitive proxy statement and prospectus with the U.S. Securities and Exchange Commission (the “SEC”) regarding the pending business combination pursuant to which Tidewater has agreed to acquire all of GulfMark’s outstanding shares in a … [Read more...]
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