Longhorn Pipeline Inc., a wholly-owned subsidiary of Flying J Inc., reported that there has been a marked increase in recent shipment activity since Flying J secured a revolving DIP facility with Merrill Lynch on February 27. As part of this arrangement, Longhorn has been granted extended use of line fill inventory and cash collateral that was financed...
Pritchard Capital Partners, an energy investment bank and institutional financial services firm, announced today additional expansions to its institutional sales and trading teams with the addition of Owen Jones and John Joyce. Mr. Jones joins as a senior vice president sales trader based in the Washington, D.C., office and Mr. Joyce joins as a senior...
On September 29, Reliant Energy announced that it had entered into a letter agreement with Merrill Lynch to take steps to end the credit-enhanced retail structure with Merrill Lynch. The letter agreement also waived compliance with the minimum adjusted EBITDA covenant in the $300 million retail working capital facility with Merrill Lynch through October...
On September 29, Reliant Energy announced that it had entered into a letter agreement with Merrill Lynch to take steps to end the credit-enhanced retail structure with Merrill Lynch. The letter agreement also waived compliance with the minimum adjusted EBITDA covenant in the $300 million retail working capital facility with Merrill Lynch through October...
IntercontinentalExchange, Inc., a leading operator of global regulated futures exchanges and over-the-counter (OTC) markets, and The Clearing Corporation (TCC), today announced new agreements intended to advance their previously announced joint global clearing solution for Credit Default Swaps (CDS). Together with nine of the major global investment...
InterOil Corporation, announced that, as a result of resolutions passed by the Board of Directors of PNG LNG, Inc., the joint venture owned by affiliates of InterOil, Pacific LNG and Merrill Lynch, to construct an LNG (liquid natural gas) plant on a site adjacent to InterOil’s refinery in Papua New Guinea, Merrill does not have any right of first...
In its Directors’ Circular filed today, the Board of Directors of Waratah Coal Inc. unanimously recommends that holders of Waratah common shares reject the unsolicited partial offer from Mineralogy Pty Ltd. and not tender their Shares to Mineralogy. In reaching this recommendation and concluding that the Mineralogy partial offer is not in the...
On November 13 and 14, Gulf Publishing Company will host over 1,000 businesswomen, executives and industry leaders from top energy companies worldwide for the Fourth Annual Women’s Global Leadership Conference in Energy & Technology at the Westin Galleria in Houston. This two-day event is devoted exclusively to providing a forum for women...
Complete Production Services, Inc. announced that Chairman and Chief Executive Officer, Joseph C. Winkler, will present at the Merrill Lynch Global Energy Mid and Small Cap Conference in New York on Thursday, October 2, 2008 at 1:15 p.m. Eastern Time. A copy of the presentation along with a link to the audio-only webcast will be available in the Investor...
It was announced that seventeen of the nation’s energy and utility companies have purchased licenses under the patent portfolio held by Ronald A. Katz Technology Licensing, L.P. and licensed through A2D, L.P. These separate licenses cover services offered by each of the companies in the “Energy and Utility Services” field of use. These services,...