Chevron Corporation today announced the signing of agreements with Shell Development (Australia) Pty Ltd to bring Shell into the Chevron-operated Wheatstone Project as a natural gas supplier and equity participant. George Kirkland, vice chairman, Chevron Corporation, said, “Chevron is pleased to welcome another participant into the Wheatstone Project....
Hagens Berman LLP, an investor-rights law firm, is continuing to investigate Hercules Offshore to determine if the company violated securities laws. The investigation began after the announcement of a Securities and Exchange Commission (SEC) and Department of Justice investigation of certain of the company’s activities. Hagens Berman partner Reed...
Samson Oil & Gas Limited is presenting at two investor conferences in New York. Samson’s presentation at the Australian Resource Conference USA is scheduled for 11:30 a.m. Eastern Daylight Time on Thursday, April 7th, (which is Friday, April 8th, 01:30 a.m. in Sydney). The presentation is being webcast and is available at http://live.arcusa-newyork.com....
Samson Oil & Gas Limited advises that it has closed its previously announced sale of gas assets in the Jonah and Lookout Wash Fields in Green River Basin, Wyoming for $6.3 million to a group of private buyers, with an effective date of January 1, 2011. Samson’s cash balance following this transaction stands at US$73.3 million. Samson has also...
MarketResearch.com has announced the addition of GBI Research’s new report “Oil Market in Africa to 2015 – Offshore Finds Transforming Africa into a Major Oil Producing Region,” to their collection of Oilfield Equipment & Services market reports. For more information, visit http://www.marketresearch.com/product/display.asp?ProductID=6164897...
Earlier today, Moody’s Investors Service announced the completion of their credit review and confirmed Nexen’s Baa3 rating with a negative outlook. We expect to retain this rating and remove the negative outlook by reducing our debt to levels commensurate with the rating by late this year or early 2012, and retaining sufficient cash to fund...
Vermilion Energy Inc. announces the submission of its Annual Information Form (“AIF”) for the year ended December 31, 2010 to the System for Electronic Document Analysis and Retrieval. The AIF contains Vermilion’s Statement of Reserves Data and Other Oil and Gas Information as required under National Instrument 51-101. Vermilion has also filed...
Industrial Info Resources will host special guest Furnace Mineral Products (Stouffville, Ontario) as part of this week’s “Industry Today” webcast. Furnace Mineral Products is a recognized global leader in advanced high-temperature ceramic coatings for the power generation industry. The high-temperature ceramic coatings offered by Furnace...
Research and Markets has announced the addition of the “The Future of Kuwait Oil and Gas Industry to 2020- Forecasts of Supply, Demand, Investment, Companies and Infrastructure (Fields, Blocks, Pipelines, LNG, Refinery, Storage Assets)” report to their offering. The Future of Kuwait Oil and Gas Industry to 2020 provides a comprehensive...
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...