(NVAE) Savanna East Africa’s New CEO Lieutenant Colonel (Ret.) Randell Torno Deploys to Nairobi, Kenya

Savanna East Africa, Inc. today announced newly appointed Chief Executive Officer, Lieutenant Colonel (Retired) Randell Torno will travel to Nairobi, Kenya to review and advance the Company’s interests in East Africa. LTC Torno departs tomorrow with an extensive agenda topped with advancing the Company’s multiple pending acquisitions. LTC... 

Kirby Corporation Announces 2010 Fourth Quarter and Year Results

Kirby Corporation today announced net earnings attributable to Kirby for the fourth quarter ended December 31, 2010 of $31.6 million, or $.59 per share, compared with $29.2 million, or $.54 per share, for the 2009 fourth quarter. The 2009 fourth quarter results included a $4.8 million before taxes, or $.05 per share, charge for shore staff reductions,... 

SteelPath Fund Advisors Announces Annual Update Call for SteelPath MLP Funds

SteelPath Fund Advisors announced today a update call for institutional investors regarding the SteelPath MLP Alpha Fund the SteelPath MLP Income Fund , and the SteelPath MLP Select 40 Fund The Funds’ portfolio managers will review the market and fund performance for the year 2010. The call will be held on Thursday, January 27, 2011 at 3:30 p.m.... 

Duncan Energy Partners Increases Cash Distribution Rate and Announces Schedule K-1 Availability

Duncan Energy Partners L.P. today announced that the board of directors of its general partner declared an increase in the quarterly cash distribution rate paid to partners to $0.455 per common unit, or $1.82 per unit on an annualized basis. The quarterly distribution will be paid on Monday, February 7, 2011, to unitholders of record at the close of... 

Enterprise Announces 26th Consecutive Quarterly Distribution Rate Increase

Enterprise Products Partners L.P. announced today that the board of directors of its general partner declared an increase in the quarterly cash distribution rate paid to partners to $0.59 per common unit, or $2.36 per unit on an annualized basis. The quarterly distribution will be paid on Monday, February 7, 2011, to unitholders of record as of the... 

NGAS Resources Announces Definitive Agreement to be Acquired by Magnum Hunter Resources

NGAS Resources, Inc. a leader in horizontal drilling and completion technology in the southern Appalachian Basin, today announced a definitive agreement with Magnum Hunter Resources Corporation (NYSE Amex:MHR), providing for NGAS Resources to be acquired by Magnum Hunter in an all-stock transaction. NGAS Resources is a British Columbia corporation,... 

Enhanced Oil Resources Inc. Announces New US $25 Million Bank Credit Facility with Regions Bank.

Enhanced Oil Resources Inc. today announced that two of its wholly-owned U.S. subsidiaries have executed a reducing revolving Credit Facility with Regions Bank, Houston, Texas providing for up to US $25,000,000 in development financing for its oil and gas properties located in New Mexico. The new Credit Facility provides an initial borrowing base of... 

Enterprise Strengthens Eagle Ford Shale Position with Chesapeake Agreements

Enterprise Products Partners L.P. nnounced today that the partnership has entered into 10-year agreements to handle a substantial portion of Chesapeake Energy Corporation’s (NYSE:CHK – News) liquids-rich natural gas production in the Eagle Ford Shale. Chesapeake’s gross acreage position currently comprises more than 625,000 acres in and around... 

Teekay LNG Partners Announces Pricing of Follow-On Offering

Teekay LNG Partners L.P. announced that it has priced its follow-on public offering of 4,000,000 common units, which represent limited partner interests, at $17.60 per unit. Teekay LNG has granted the underwriters a 30-day option to purchase up to an additional 600,000 units to cover over-allotments, if any. The Partnership expects to use the proceeds... 

Air Products Signs Contract with China’s Best Solar

Air Products announced it has signed a turnkey gas supply contract to provide on-site gases, liquid bulk gases, specialty gases and gas equipment to China’s Best Solar Hi Tech Co., Ltd, which is building a new thin-film photovoltaic (PV) facility in the Wuzhong Economic Development Park in Suzhou, Jiangsu Province, China. When the facility comes...