Varel International Announces the Acquisition of the Patented “Rotary Percussion System” from Renegade Tools LLC

Varel International, a leading manufacturer of drill bits and global supplier to the drilling industry, announces it has completed the acquisition of the Rotary Percussion System (RPS) product line and assets of Renegade Tools LLC. The line of high frequency, low impact percussion hammer tools complements the already robust suite of tools Varel supplies... 

Solar Acquisition Corp. Announces Asset Acquisition, Continues Expansion of Business Focus

Solar Acquisition Corp. is pleased to announce that it has finalized the acquisition of the assets of Clean Power, Inc. Included among the assets are Clean Power’s extensive propriety research, business development plans for building a diversified renewable energy company, and information related to building turnkey energy systems in the solar... 

WindTamer Corporation Announces Estimated $1.5 Million State and Local Incentives Package to Support Expansion at Its Rochester, New York Facility

WindTamer Corporation announced today that it has been awarded a package of state and local incentives valued at approximately $1.5 million. The package is in support of WindTamer’s proposed expansion at its Rochester, New York facility. The project includes leasehold improvements, acquisition and installation of machinery and equipment, training... 

Eaton Completes Acquisition of Tuthill Coupling Group

Diversified industrial manufacturer Eaton Corporation today announced it has completed its purchase of the Tuthill Coupling Group, a division of Tuthill Corporation. The transaction was announced December 16, 2010. The Tuthill Coupling Group manufactures pneumatic and hydraulic quick coupling solutions and leak free connectors used in industrial, construction,... 

Emera Incorporated and Algonquin Power & Utilities Corp. Announce Closing of California Pacific Electric Company Transaction

Emera Incorporated and Algonquin Power & Utilities Corp. announced that effective today they are closing their acquisition of the California-based electricity distribution and related generation assets of NV Energy, Inc.. Total consideration for this transaction is $131,789,563 USD, subject to final adjustments. Emera and APUC own and operate these... 

American Standard Energy Corporation Announces Robert J. Thompson as Board Chairman

The Board of Directors of American Standard Energy Corp. is pleased to announce the appointment of Robert Thompson to the Board and his election to serve as its Chairman. Mr. Thompson shall also chair the Compensation, Audit, and Nominating & Corporate Governance Committees. Mr. Thompson brings to American Standard Energy Corp. a wealth of experience... 

Mullen Group Ltd. Expands Fluid Hauling Capabilities

Mullen Group Ltd. announced today a number of transactions that will expand its fluid handling and hauling capabilities in northern Alberta and northeastern British Columbia. “Acquiring businesses leveraged to fluid hauling and the production services segment of the oil and gas industry has been a strategic focus of the Mullen Group for several... 

Transeuro Energy Corp.: Ukraine Weekly Operations

Transeuro Energy Corp. issues a weekly update on its Ukraine operations. The Dafora drilling rig is fully assembled on the Karl-101 location. Local authority inspections are ongoing following which Transeuro will conduct a full inspection to accept the rig for operations. Re-entry operations remain on schedule to commence before the end of December.... 

PAA Natural Gas Storage Announces Agreement to Acquire Southern Pines Storage Facility

PAA Natural Gas Storage today announced that it has entered into a definitive agreement to acquire SG Resources Mississippi, LLC, (“SG Resources”). The primary asset of SG Resources is the Southern Pines Energy Center natural gas storage facility (“Southern Pines”). Total consideration is approximately $750 million. Subject to regulatory approval,... 

Voyager Petroleum Acquires Scrap USA, LLC

Voyager Petroleum Inc. , an emerging leader in eco–friendly processing and oil distribution today announced the execution of a definitive agreement formalizing the acquisition of Scrap USA, LLC. The effectiveness of this acquisition is subject to satisfaction of standard terms, none of which is expected to impede effectiveness. As part of the...