Industry News
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...
Enphase Energy Expands its Support for Virtual Power Plants Across the United States
FREMONT, Calif., Dec. 13, 2023 (GLOBE NEWSWIRE) -- Enphase Energy, Inc. (NASDAQ: ENPH), a global energy technology company and the world's leading supplier of microinverter-based solar and battery systems, announced today that it is expanding its support for virtual...
CanAsia Energy Announces Upsize of Brokered Financing to $6.3 Million
NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES CALGARY, Alberta, Dec. 13, 2023 (GLOBE NEWSWIRE) -- CanAsia Energy Corp. (“CanAsia” or the “Company”) (CEC – TSXV) is pleased to announce that, in connection with its previously...