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Saturn Oil & Gas Inc. Closes $4.0 Million Private Placement Co-Led by Canaccord Genuity and Gravitas Securities

5 hours ago DieselGasoil Comments Off on Saturn Oil & Gas Inc. Closes $4.0 Million Private Placement Co-Led by Canaccord Genuity and Gravitas Securities
SASKATOON, Saskatchewan, Nov. 16, 2018 (GLOBE NEWSWIRE) — Saturn Oil & Gas Inc. (“Saturn” or the “Company”) (TSX.V: SOIL) (FSE: SMK) is pleased to announce that it has completed the previously announced (see news release dated October 24, 2018) brokered private placement of common share units (the “Units”) and flow-through common shares (the “Flow-Through Shares”). Read More

Forbes Energy Services Acquires Cretic Energy Services

8 hours ago DieselGasoil Comments Off on Forbes Energy Services Acquires Cretic Energy Services
ALICE, Texas, Nov. 16, 2018 (GLOBE NEWSWIRE) — Forbes Energy Services, Ltd. (OTCQX: FLSS) (“Forbes”), announced today that it has acquired Cretic Energy Services, LLC (“Cretic” or the “Company”) from Catapult Energy Services Group, LLC, an NGP and NGP Energy Technology Partners portfolio company.  Cretic, headquartered in Montgomery, Texas, provides large-diameter, extended-reach, coiled tubing services Read More

Marksmen Announces Closing of Final Tranche of Oversubscribed Private Placement

10 hours ago DieselGasoil Comments Off on Marksmen Announces Closing of Final Tranche of Oversubscribed Private Placement
CALGARY, Alberta, Nov. 16, 2018 (GLOBE NEWSWIRE) — Marksmen Energy Inc. (“Marksmen” or the “Company”) announces that it has completed the second and final closing (“Second Tranche”) of its previously announced non-brokered private placement, which was increased to 3,125,002 units (the “Units”) of Marksmen at a price of $0.12 per Unit, for aggregate gross proceeds Read More

Dollar falls as Fed officials ring note of caution, pound bounces

11 hours ago DieselGasoil Comments Off on Dollar falls as Fed officials ring note of caution, pound bounces
NEW YORK (Reuters) – The dollar fell broadly on Friday in the wake of cautious comments from two U.S. Federal Reserve officials about global economic growth, while sterling rose following losses tied to fears about a Brexit deal. British Pound Sterling and U.S. Dollar notes are seen in this June 22, 2017 illustration photo. REUTERS/Thomas Read More

U.S. manufacturing production increases; headwinds growing

14 hours ago DieselGasoil Comments Off on U.S. manufacturing production increases; headwinds growing
WASHINGTON (Reuters) – U.S. manufacturing output rose for a fifth straight month in October, shrugging off a sharp drop in motor vehicle production and suggesting underlying strength in factory activity despite growing headwinds that are expected to slow the sector in 2019. FILE PHOTO – Assembly workers work on the underside of 2015 Ford Mustang Read More

Contango Announces Pricing of Common Stock Offering

18 hours ago DieselGasoil Comments Off on Contango Announces Pricing of Common Stock Offering
HOUSTON, Nov. 16, 2018 (GLOBE NEWSWIRE) — Contango Oil & Gas Company (NYSE American: MCF) (“Contango” or the “Company”) today announced that it has priced a public offering of 7,500,000 shares of its common stock for total gross proceeds (before the underwriting discount and estimated expenses) of $30 million. The underwriters have an option for Read More

Strategic Oil & Gas Ltd. Announces Third Quarter 2018 Financial and Operating Results

19 hours ago DieselGasoil Comments Off on Strategic Oil & Gas Ltd. Announces Third Quarter 2018 Financial and Operating Results
CALGARY, Alberta, Nov. 16, 2018 (GLOBE NEWSWIRE) — Strategic Oil & Gas Ltd. (“Strategic” or the “Company”) (TSXV: SOG) is pleased to report financial and operating results for the three and nine months ended September 30, 2018. Detailed results and additional information are presented in Strategic’s interim condensed consolidated financial statements and related Management’s Discussion Read More

GasLog Ltd. and GasLog Partners LP Announce Agreement to Modify Incentive Distribution Rights

19 hours ago DieselGasoil Comments Off on GasLog Ltd. and GasLog Partners LP Announce Agreement to Modify Incentive Distribution Rights
Monaco, Nov. 16, 2018 (GLOBE NEWSWIRE) — GasLog Ltd. (“GasLog” or “the General Partner”) (NYSE:GLOG) and GasLog Partners LP (“GasLog Partners” or “the Partnership”) (NYSE:GLOP) today announce an agreement to modify the partnership agreement with respect to the General Partner’s incentive distribution rights (“IDR”). The modification will have the effect of reducing the General Partner’s Read More

Advanced Emissions Solutions, Inc. Announces $20 Million Stock Repurchase Program

20 hours ago DieselGasoil Comments Off on Advanced Emissions Solutions, Inc. Announces $20 Million Stock Repurchase Program
HIGHLANDS RANCH, Colo., Nov. 16, 2018 (GLOBE NEWSWIRE) — Advanced Emissions Solutions, Inc. (NASDAQ:ADES) (the “Company” or “ADES”) today announced that its Board of Directors has approved the repurchase of up to $20 million of the Company’s common stock in the open market. The repurchases will be funded from cash on-hand. L. Heath Sampson, President and CEO of Read More

Russia’s most powerful oilman: We're fine with any oil price

22 hours ago DieselGasoil Comments Off on Russia’s most powerful oilman: We're fine with any oil price
Rosneft is fine with any level of oil prices, chief executive Igor Sechin told Kommersant radio station as quoted by news agency TASS. “We manage risks. If prices fall, we will work on increasing our market share,” Sechin said, adding that if prices continued their current slide, Rosneft would focus on maintaining and expanding its market Read More