Industry News
Production report for November 2023
Oslo, 16 December 2023 October 2023November 2023OperatedBoepd (1)Bopd (2)Boepd (1)Bopd (2)Colombia 632426618416Argentina2,0652332,122333Total operated2,6976602,740749Total equity1,3133811,330419 (1) Barrels of oil equivalents per day (includes liquid and...
Barnwell Industries, Inc. Reports Fourth Quarter and Year End Results
Divestiture of Hawaii Contract Drilling Operations to StreamlineOperations and Reduce Corporate Overhead Oil and Gas Drilling Program Planned HONOLULU, Dec. 15, 2023 (GLOBE NEWSWIRE) -- Barnwell Industries, Inc. (NYSE American: BRN) ("Barnwell" or the "Company") today...
Prosafe SE: Results of the subsequent offering
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SBM Offshore successfully raises a new US$210 million Revolving Credit Facility for MPF hull financing
December 15, 2023 SBM Offshore is pleased to announce that it has secured a US$210 million Revolving Credit Facility (RCF) for the financing of the construction of Fast4Ward® Multi-Purpose Floater (MPF) hulls. The tenor of the RCF is eighteen months with an extension...
Battalion Oil Corporation Announces Acquisition By Fury Resources, Inc.
Houston, Texas, Dec. 15, 2023 (GLOBE NEWSWIRE) -- Battalion Oil Corporation (NYSE American: BATL) (“Battalion” or the “Company”) announced today that it had entered into an Agreement and Plan of Merger (the “Merger Agreement”) with Fury Resources, Inc. (“Buyer” or...
NCS Multistage Holdings, Inc. Settles Outstanding Commercial Litigation with No Cash Payment By Company
HOUSTON, Dec. 14, 2023 (GLOBE NEWSWIRE) -- NCS Multistage Holdings, Inc. (“NCS,” “Company,” “we” or “us”) (NASDAQ:NCSM) announced that our subsidiary has settled outstanding litigation with Boyd & McWilliams. Under the settlement agreement, that was executed on...
Golden Sky Receives Permit to Drill the Rayfield Copper-Gold Property, South-Central British Columbia
Figure 2 Figure 2: The Rayfield target zone is defined by a large 3.0 km x 1.5 km multi-element soil geochemical anomaly. The Rayfield target zone is highly prospective, with anomalous copper-in-soil values grading up to ~0.40%, and rock samples grading up to 0.63% Cu...
TOP Ships Announces Share Repurchase Program
ATHENS, Greece, Dec. 14, 2023 (GLOBE NEWSWIRE) -- TOP Ships Inc. (the “Company” or “Top Ships”) (NASDAQ:TOPS), an international owner and operator of modern, fuel efficient “ECO” tanker vessels, announced today a share repurchase program. The Company’s Board of...
Barnwell Industries, Inc. Announces Entry into Agreement for the Sale of Water Resources International, Inc. for Gross Proceeds of $2,000,000
Transaction Unlocks Substantial Shareholder Value; Sale Expected to Streamline Operations to Focus on Domestic and Canadian Oil and Natural Gas BusinessHONOLULU, Dec. 14, 2023 (GLOBE NEWSWIRE) -- Barnwell Industries, Inc. (NYSE American: BRN) (“Barnwell” or the...
Pembina Announces Accretive Consolidation of Alliance Pipeline and Aux Sable, and Concurrent $1.1 Billion Bought Deal Offering of Subscription Receipts
Acquisition Multiple non-GAAP rations calculated by dividing the Acquisition purchase price by the adjusted EBITDA for the acquired assets All financial figures are approximate and in Canadian dollars unless otherwise noted. This news release refers to adjusted...