MicroStockProfit.com announces an investment report featuring Lucas Energy Inc. The report includes financial, comparative and investment analyses, and industry information you need to know to make an educated investment decision. The full report is available at: www.microstockprofit.com/lp/LEI Lucas Energy Inc. (LEI) is an independent oil and gas company...
Dresser-Rand Group Inc., a global supplier of high-speed rotating equipment and service solutions, announced today that it has signed a Share Purchase Agreement (“SPA”) to acquire Grupo Guascor S.L. (“GG”) for an enterprise value of euro 500 million ($690 million) in a cash and stock transaction. The enterprise value includes...
John Hanger, immediate past secretary of the Pennsylvania Department of Environmental Protection, former member of the Pennsylvania Public Utility Commission, and nationally-recognized expert on energy, the economy, and the environment, issued a statement today on his blog about the documentary “Gasland,” nominated for an Academy Award to be awarded...
Stewart & Stevenson LLC announced today the appointment of Anthony G. Petrello, J. Robinson West, and Munawar (Micki) H. Hidayatallah as three new members to serve on its Board of Directors. Mr. Petrello has been President and Chief Operating Officer of Nabors Industries Ltd. since 1992, a Director since 1991, and Deputy Chairman from 2003. He holds...
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,...
The U.S. electric utility industry faces an “unprecedented convergence of new federal environmental rules – unprecedented in scope of change and compression of deadlines,” Progress Energy Chairman, President and CEO Bill Johnson told utility regulators Monday in Washington. And the “current fragmented approach, coupled with rapid-compliance...
Wood Group, the international energy services company, today announces it has entered into a conditional agreement to sell its Well Support Division to GE for cash consideration of $2.8 billion (the “Disposal”). Following the Disposal, the Board of Directors intends that Wood Group will return cash of not less than $1.7 billion to shareholders...
One of the country’s oldest lubricant manufacturing and distribution companies, Wichita’s Universal Lubricants (UL) established in 1929, is poised for double-digit growth for the foreseeable future thanks to a technologically advanced and highly capable re-refinery, and efficiencies gained through its environmentally-friendly closed-loop...
Odyssey Petroleum Corp.has made a final application to the TSX Venture Exchange and is waiting for its acceptance for reinstatement to trading. Upon confirmation from the Exchange that ODE may resume trading, as announced in ODE’s Press Release dated January 21, 2011 the Company intends to continue preparation of required documentation to consolidate...