VANCOUVER, British Columbia, Dec. 17, 2015 (GLOBE NEWSWIRE) -- North America Frac Sand Inc. (“NAFS” or the “Company”) (OTCQB:NAFS) (www.NAFSINC.ca). On October 19, 2015 and on September 9, 2015 we announced the acquisition of North America Frac Sand (CA) Ltd. and its 30,000 acres of leases that are estimated to contain 6.4 million tonnes of recoverable reserves of frac sand, and potential reserves of at least 66 million tonnes. Although the Share Purchase Agreement refers to reserves, the [Read more]
Noble Energy Confirms Implementation of Israel’s Natural Gas Framework
Houston, Dec. 17, 2015 (GLOBE NEWSWIRE) -- Earlier today, Noble Energy, Inc. (“Noble Energy” or “The Company”) (NYSE: NBL) was notified that the Government of Israel acted to implement the Natural Gas Framework through execution of Section 52 of the Restrictive Trade Practices Act. Execution of Section 52 resolves and provides exemption from claims of the Anti-trust Authority with respect to the Leviathan Joint Venture partners’ acquisition of petroleum rights in the underlying permits. [Read more]
Artificial Lift Systems Market Worth $29.61Bn By 2022
San Francisco, Dec. 17, 2015 (GLOBE NEWSWIRE) -- The global artificial lift systems market is expected to reach USD 29.61 billion by 2022, according to a new study by Grand View Research, Inc. The market is poised for steady growth owing to surge in technological advancements and innovations in order to provide efficient solutions. Recent developments reduce lifting costs through system components, which resists hostile environment, improve reliability, and optimize power usage. Industry [Read more]
Halcón Resources Announces Reverse Stock Split
HOUSTON, TEXAS, Dec. 16, 2015 (GLOBE NEWSWIRE) -- Halcón Resources Corporation (NYSE: HK) (“Halcón” or the “Company”) today announced a one-for-five (1:5) reverse split of its issued and outstanding common stock. The one-for-five reverse stock split will be effective after the market closes on January 4, 2016 and Halcón’s common stock will begin trading on a split-adjusted basis when the market opens on January 5, 2016. The Company’s stockholders granted authority to the Board of Directors, [Read more]
SBM OFFSHORE COMPLETES US$800 MILLION FINANCING OF TURRITELLA
SCHIEDAM, Netherlands, Dec. 16, 2015 (GLOBE NEWSWIRE) -- The Company is pleased to announce that the Turritella joint venture led by SBM Offshore has completed the project financing of FPSO Turritella for a total of US$800 million. Project financing was secured by a consortium of twelve international banks with an average cost of debt of 3.5% over the ten year post-completion maturity. FPSO Turritella is owned and operated by a joint venture owned by affiliated companies of SBM Offshore [Read more]
Worthington Industries Announces Second Quarter Earnings Conference Call
COLUMBUS, Ohio, Dec. 16, 2015 (GLOBE NEWSWIRE) -- Worthington Industries, Inc. (NYSE:WOR) will hold its quarterly earnings conference call on Thursday, Dec. 17, 2015 at 10:30 a.m. Eastern Standard Time. The Company will discuss its second quarter results, which will be released after the market closes today, Dec. 16. A live audio webcast will be available at www.WorthingtonIndustries.com and will be archived for one year. A call replay will be available for those parties who are unable to [Read more]
Toscana Energy Confirms December Dividend
CALGARY, Alberta, Dec. 15, 2015 (GLOBE NEWSWIRE) -- Toscana Energy Income Corporation ("Toscana Energy" or the "Company") (TSX:TEI) confirms the cash dividend of $0.10 per common share (or the equivalent of $0.30 per common share on a quarterly basis) of the Company ("Common Share") to be paid on January 15, 2016 in respect of December 2015 production of the Company for shareholders of record on December 31, 2015. The ex-dividend date is December 29, 2015. Once paid, total cash dividends [Read more]
UPDATE — ITG Investment Research Releases Energy Industry and Institutional Investor Survey Poll of Participants at ITG Investment Research Conference
NEW YORK, Dec. 15, 2015 (GLOBE NEWSWIRE) -- ITG Investment Research today released a survey of leading energy industry executives and investors in the public and private equity markets. The survey was conducted at the ITG Investment Research Play by Play Energy Conference in Houston in early December, which drew nearly 300 energy professionals from 118 firms. The conference offered detailed technical presentations by several senior Calgary-based energy analysts from ITG Investment Research and [Read more]
ITG Investment Research Releases Energy Industry and Institutional Investor Survey Poll of Participants at ITG Investment Research Conference
NEW YORK, Dec. 15, 2015 (GLOBE NEWSWIRE) -- ITG Investment Research today released a survey of leading energy industry executives and investors in the public and private equity markets. The survey was conducted at the ITG Investment Research Play by Play Energy Conference in Houston in early December, which drew nearly 300 energy professionals from 118 firms. The conference offered detailed technical presentations by several senior Calgary-based energy analysts from ITG Investment Research and [Read more]
Legacy Reserves LP to Participate at the Wells Fargo Securities’ 2015 Energy Symposium
MIDLAND, Texas, Dec. 7, 2015 (GLOBE NEWSWIRE) -- Legacy Reserves LP ("Legacy") (NASDAQ:LGCY), today announced that Paul Horne, President and Chief Executive Officer, and Dan Westcott, Executive Vice President and Chief Financial Officer, will participate at Wells Fargo Securities' 2015 Energy Symposium on Tuesday, December 8, 2015. Dan Westcott will participate in a panel discussion at 1:25 p.m. Eastern Time on Tuesday, December 8, 2015. About Legacy Reserves LP Legacy Reserves LP is a [Read more]
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