Sentry Petroleum Ltd today announced the release of a video interview with Dr. Raj Rajeswaran, Sentry Petroleum President and Chief Executive Officer. The interview is available on the company’s web site at http://www.sentrypetroleum.com/presentations/sentry-video-presentations/ Sentry President and CEO, Dr. Rajeswaran is quoted as saying, “We...
Infinity Energy Resources, Inc. an independent oil and gas exploration and development company, today announced that it has secured $1,050,000 in additional financing and entered into a Forbearance Agreement (the “Agreement”) dated February 16, 2011 with Amegy Bank, N.A. (“Amegy”) under the Loan Agreement, dated January 9, 2007,...
Savanna East Africa, Inc. today announced newly appointed Chief Executive Officer, Lieutenant Colonel (Retired) Randell Torno will travel to Nairobi, Kenya to review and advance the Company’s interests in East Africa. LTC Torno departs tomorrow with an extensive agenda topped with advancing the Company’s multiple pending acquisitions. LTC...
Alcoa’s was among a select group of thought leaders featured in the inaugural edition of Insider Knowledge Report, a compilation of lessons learned from corporate environmental, sustainability and energy decision-makers. The report was published by Environmental Leader, the on-line source for energy and environmental business news. Alcoa’s approach...
Over the past two days, teams of UGI and Pennsylvania Public Utility Commission investigators have been working at the site of the Allen Street explosion. Late last evening, a video scope was inserted into the gas main on Allen Street between 13th and Mercer. The main has been shut down since the February 9 explosion and has been the focus of our investigation...
Hercules Offshore, Inc. announced today that it has entered into an Asset Purchase Agreement with Seahawk Drilling, Inc. (Nasdaq:HAWK – News) and its affiliates (collectively “Seahawk”) to purchase 20 jackup rigs and related assets from Seahawk for approximately 22.3 million shares of Hercules Offshore common stock and cash consideration...
Magnetek, Inc. today reported the results of its 2011 fiscal second quarter ended January 2, 2011. Second Quarter Results In its second quarter of fiscal 2011, Magnetek recorded revenue of $26.1 million, a 36% increase from the second quarter of fiscal 2010 and a 5% sequential increase from the first quarter of fiscal 2011. The increase in sales from...
Endeavour International Corporation today announces that it will participate in the 2011 Oil and Services Conference® hosted by EnerCom Incorporated on Wednesday, February 23, 2011 in San Francisco, California. J. Michael Kirksey, executive vice president and chief financial officer, is scheduled to speak on the company’s business strategies...
ESSEX OIL LTD.announced on January 14, 2011 that Randsburg International Gold Corp. (“Randsburg”) had initiated steps to appoint Wm. Andrew Campbell as a privately-appointed receiver over the assets of Essex pursuant to a general security agreement granted to Randsburg. Essex had received a letter from Mr. Campbell advising that he had been...
Hanwei Energy Services Corp. announced today that it will hold a conference call to discuss its fiscal 2011 third quarter financial results for the period ended December 31, 2010. Mr. Graham Kwan, Executive Vice President and Mr. Rick Huang, Chief Financial Officer of Hanwei will host the call. Date: Wednesday, February 9, 2011 Time: 11:00 a.m., Eastern...