John Wood Group PLC (‘Wood Group’, the ‘Group’) Announces Disposal of Well Support Division for $2.8 Billion

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... 

Magnetek Announces Second Quarter Fiscal 2011 Results

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... 

Range’s Proved Reserves Increase 42%

RANGE RESOURCES CORPORATION announced today that its proved reserves as of December 31, 2010 increased 42% to 4.4 Tcfe. From all sources, Range replaced 931% of production in 2010 with 840% reserve replacement occurring through the drill bit and positive performance revisions. Finding and development costs from all sources, including acquisitions,... 

Kalahari Greentech’s Tri-Brid Solar Collector Has a Revenue Potential of $973 Million

Kalahari Greentech, Inc. released a statement today discussing the company’s revenue projections for 2011. According to the American Housing Survey, there were 128,203,000 housing units in the United States in 2007 (Source: www.census.gov). If only one tenth of 1% of the approximately 128 million housing units were to purchase the Tri-Brid Solar... 

CAMAC Energy Inc. Raises $20.0 Million in Registered Direct Offering

CAMAC Energy Inc. a U.S.-based energy company engaged in the exploration, development and production of oil and gas, today announced that the Company has entered into definitive agreements dated December 21, 2010 with certain accredited investors (the “Investors”) to sell in a registered direct offering an aggregate of approximately 9.09 million... 

FirstEnergy’s Ohio Utilities File Motion to Stay, Request for Rehearing and Application for Fuel Recovery

Citing inconsistencies with state law and potentially serious financial consequences that could result from a recent Public Utilities Commission of Ohio (PUCO) ruling, FirstEnergy Corp.’s Ohio utility companies filed a Motion to Stay, as well as an Application for Rehearing and an Application for a Fuel Rider, and requested an expedited ruling... 

Napa Valley Community College Greens Its Campus With Hybrid Cooling

Ice Energy®, the premier provider of hybrid cooling technologies, announced that Napa Valley Community College has installed the latest in green building innovation: six Ice Bear® hybrid cooling systems. Installed at the school’s Child Development Center, the Ice Bear systems reduce the daytime power consumption of the facility and lower greenhouse... 

Site Controls Introduces AnalyticEngine Dynamic Reporting Tool for Enhanced Operational Intelligence

Site Controls announced the immediate availability of its new AnalyticEngine, designed to improve facilities management for chain retailers and financial institutions. The AnalyticEngine provides Site Controls customers with dynamic, customizable reporting capabilities delivered on-demand via the Site-Command ASP Hosted Data Center. Through the new... 

World Energy Solutions Announces Underwriters Laboratories (UL) Approval for New Product Line

World Energy Solutions, Inc., an energy services and electronics manufacturer, announced that it has received approval from Underwriters Laboratories (UL) for all models in its new range of Transient Voltage Surge Suppressors (TVSS). Ben Croxton, CEO of World Energy Solutions, said “This is an enormous milestone for the Company, and we have worked... 

Energy Infrastructure Acquisition Corp. Announces Stockholder Approval of Proposed Dissolution and Liquidation

Energy Infrastructure Acquisition Corp. announced that its stockholders have approved the Company’s previously announced proposed dissolution and liquidation, as contemplated by its certificate of incorporation, since the two-year period for it to complete a business combination has passed without one being consummated. This approval was a necessary...