Vermilion Energy Inc. Announces $0.19 Cash Dividend for February 15, 2011 Payment Date

Vermilion Energy Inc. is pleased to announce a cash dividend of $0.19 per share payable on February 15, 2011 to all shareholders of record on January 31, 2011. The ex-dividend date for this payment is January 27, 2011. This dividend is an eligible dividend for the purposes of the Income Tax Act (Canada). Vermilion Energy Inc. is an oil-leveraged producer... 

City of Nashua Ratifies Merger Agreement With Pennichuck Corporation

Pennichuck Corporation today announced that last night, January 11, 2011, the Board of Aldermen of the City of Nashua, New Hampshire (“City”) approved and ratified, by more than a two-thirds majority vote, the Merger Agreement between the City and the Company and the issuance of bonds to finance the acquisition. The actual vote was 14 in... 

Rising Costs Threaten Utility Sector’s Large Dividends

To combat rising costs, companies in the Electric Utilities Sector have been looking to mergers and acquisitions to keep profits steady and maintain their healthy dividends. Stricter environmental regulations require that any new power plants built that are large enough to produce 75,000 tons of carbon dioxide a year must use the best available control... 

MarkWest Energy Partners Announces Public Offering of Common Units

MarkWest Energy Partners, L.P. announced today that it is commencing a public offering of 3,000,000 common units. The Partnership has granted the underwriter a 30-day option to purchase a maximum of 450,000 additional common units to cover over-allotments, if any. The Partnership intends to use the net proceeds from the offering, as well as any exercise... 

GeoResources, Inc. Announces Proposed Common Stock Offering

GeoResources, Inc., today announced that it and certain selling shareholders intend to offer, subject to market and other conditions, 4,700,000 shares of common stock, of which 4,000,000 shares would be sold by GeoResources and 700,000 shares would be sold by the selling shareholders, in an underwritten public offering. In connection with the offering,... 

Robbins & Myers Completes Acquisition of T-3 Energy Services

Robbins & Myers, Inc. and T-3 Energy Services, Inc. (Nasdaq:TTES – News) jointly announced today that the merger of T-3 into a wholly-owned subsidiary of Robbins & Myers is complete. “We are pleased that the merger is complete and have been working diligently toward the successful integration of T-3 within our Fluid Management Group,”... 

Lucas Energy Board Approves $6 Million 2011 Capital Budget

Lucas Energy, Inc. , an independent oil and gas company, reported today that its directors have approved a record level $6 million capital expenditure budget for 2011. “We are excited about the approval and content of our 2011 capital program, which was funded through a recent equity offering,” commented William A. Sawyer, president and... 

Court Rulings Favor HEI Resources in Colorado Securities Lawsuit

Springs-based HEI Resources Inc. and Charles Reed Cagle, founder of the oil and gas exploration company, are announcing several favorable rulings issued by a Colorado state district court as part of an ongoing lawsuit filed by Colorado Securities Commissioner Fred J. Joseph. The rulings handed down by the 2nd Judicial District Court in Denver were... 

Graham Corporation Wins Two Ejector System Orders Valued at $4 Million

Graham Corporation (NYSE Amex: GHM), a designer and manufacturer of critical equipment for the oil refining, petrochemical and power industries, today announced that it has received two orders for ejector systems that total approximately $4 million. The first order is for an ejector system to be installed at a U.S. refinery that is being modified to... 

Flint Hills Resources to Acquire Two Iowa Ethanol Plants

Flint Hills Resources announced plans today to acquire ethanol plants in Iowa Falls and Fairbank, Iowa. Flint Hills Resources signed an agreement yesterday to purchase the plants from Hawkeye Renewables. The deal is expected to close early in the first quarter of 2011. The purchase price will not be disclosed. “We’re very pleased to add the Fairbank...