Progress Energy is sending more than 800 company and contract workers from the Carolinas and Florida to Texas to assist utilities there with expected damage and power outages from Hurricane Ike. The company’s deployment of 385 employees and 437 contract personnel is larger than deployments made in support of utilities in Louisiana and Texas after...
Nitro Petroleum, Inc. reports today that the Company has acquired an interest in the Nancy Hubbard, Walker and Krouch 1 & 2 leases. These leases are located in Pottawatomie County, Oklahoma and are in production. Nitro Petroleum, Inc. is the Operator of this entire project. The plan of action is to immediately Frac the Hunton Limestone formation...
Siemens has been awarded an order to supply 44 of its 2.3-megawatt (MW) wind turbines for the Keenan wind farm in Woodward County in Oklahoma. The purchaser is CPV Renewable Energy Company, a subsidiary of Competitive Power Ventures (CPV), Inc. and a power generation development company focused on the North American market. The Keenan wind farm will...
Greenbox Technology, creators of energy management software for the home, announced today that they have partnered with smart grid infrastructure experts Silver Spring Networks to successfully deploy the Greenbox(TM) interactive energy management platform for Oklahoma Gas and Electric (OG&E). The goal of OG&E’s Positive Energy(TM) SmartPower...
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,...
Linn Energy, LLC announced today that it has closed the previously announced sale of certain oil and gas properties in the Verden area of Oklahoma to Laredo Petroleum, Inc. for a contract price of $185 million, subject to closing adjustments. Linn Energy is an independent oil and gas company focused on the development and acquisition of long life properties...
Wavefront Energy and Environmental Services Inc., a world leader in fluid injection technology for improved/enhanced oil recovery and groundwater restoration is pleased to report that Powerwave will be implemented in Texas County, Oklahoma by a Denver-based, New York Stock Exchange traded, independent oil and gas producer having operations in the Permian...
SemGroup Energy Partners, L.P. announced that SGLP received a Nasdaq Staff Deficiency Letter on August 7, 2008 indicating that SGLP no longer complies with the audit committee composition requirements as set forth in Marketplace Rule 4350(d), which requires SGLP’s general partner to have an audit committee of at least three independent members. As...
EnDevCo, Inc., the Energy Development Company, is pleased to announce that the Company will be attending and presenting at the Sales and Marketing Conference for Investment Professionals in St. Petersburg, Florida on August 8, 2008. EnDevCo’s Chief Executive Officer, Chris A. Dittmar will discuss the Company’s status and future plans from...
NGP Capital Resources Company announced the full realization of its investments in Rubicon Energy Partners, LLC (“Rubicon”). On August 7, 2008, an undisclosed buyer completed the acquisition of the assets of Rubicon for $121.9 million. Concurrent with the sale, Rubicon repaid its Senior Subordinated Secured Multiple-Advance Term Loan (the...