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Halcón Resources Announces Leadership Changes

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Floyd Wilson Steps Down from Management Team and Board James Christmas Appointed as Non-Executive Chairman of the Board of Directors $10 Million Estimated Reduction in Annual Overhead Costs as Part of Renewed Focus on Maximizing Shareholder Value Through Operational Improvement Denver, CO, Feb. 21, 2019 (GLOBE NEWSWIRE) — Halcón Resources Corporation (NYSE: HK) (“Halcón” or Read More

Just Energy Group Inc. Announces Repurchase of US$60,200,000 of its 2019 Convertible Bonds

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TORONTO, Feb. 21, 2019 (GLOBE NEWSWIRE) — Just Energy Group Inc. (TSX:JE; NYSE:JE) (“Just Energy” or the “Company”), a leading consumer company focused on essential needs including electricity and natural gas commodities, Health and well-being products, and utility conservation, announced today that it has repurchased US$60,200,000 in aggregate principal amount of its 6.50 percent convertible Read More

Third Point claims 300 percent return on activism since 2011

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BOSTON (Reuters) – Pushing companies to perform better has earned Third Point a 300 percent return in the last eight years, the hedge fund told investors in a letter on Thursday, praising management at some of its targets for taking the right steps. FILE PHOTO: Daniel S. Loeb, founder of Third Point LLC, participates in Read More

Extraction Oil & Gas, Inc. Announces Fourth-Quarter and Full-Year 2018 Results

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DENVER, Feb. 21, 2019 (GLOBE NEWSWIRE) — Extraction Oil & Gas, Inc. (NASDAQ: XOG) (“Extraction” or the “Company”) today reported financial and operational results for the fourth-quarter and full-year ended December 31, 2018. Fourth-Quarter and Full-Year 2018 Highlights Fourth quarter average net sales volumes of 85,780 barrels of oil equivalent per day (BOE/d), including 46,584 Read More

Hedge fund Third Point praises Nestle chief in letter to investors

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FILE PHOTO: Nestle Chief Executive Mark Schneider attends the opening of the 151st Annual General Meeting of Nestle in Lausanne, Switzerland April 12, 2018. REUTERS/Pierre Albouy/File Photo BOSTON (Reuters) – Hedge fund Third Point told investors in a letter on Thursday that it was happy with progress at some of its biggest holdings, including Nestle Read More

Digital is the future for EPC project delivery: Sunder Kalyanam, Petrofac

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2/21/2019 Photo: Group MD – E&C growth and Chairman of Petrofac India, Sunder Kalyanam. ST. HELIER, Jersey — Group MD – E&C growth and Chairman of Petrofac India, Sunder Kalyanam, has participated in a panel discussion focusing on ‘the blueprint for the digital success of all value chain partners’ at Chemtech 2019 in Mumbai, India. Traditionally, the Read More

Neptune Energy submits development plans for Duva, Gjøa P1

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2/21/2019 Duva field. Photo: Neptune Energy. ABERDEEN — Neptune Energy has submitted development plans for the Duva (PL636) and Gjøa P1 (PL153) projects in the Norwegian sector of the North Sea. First production from the projects is expected in late 2020 or early 2021. Total recoverable resources are estimated to be 120 MMboe (Total of Read More

Staggering discovery reveals moon lies INSIDE Earth’s atmosphere

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The Earth’s atmosphere is much bigger than previously thought, extending far beyond the Moon, a team of scientists have revealed. The amazing discovery was made thanks to data that has been sitting unexamined for over 20 years. We now know that the atmosphere surrounding our planet stretches 630,000km (391,464 miles) away and is 50 times Read More

Swedish and Estonian watchdogs open joint Swedbank probe

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STOCKHOLM (Reuters) – Sweden’s and Estonia’s financial watchdogs have opened a joint investigation following a media report linking Swedbank to a Baltic money laundering scandal involving Danske Bank, they said on Thursday. FILE PHOTO: Swedbank’s logo is pictured on its Lithuanian headquarters in Vilnius, Lithuania, in this May 10, 2014 file photo. REUTERS/Ints Kalnins/File Photo Read More

Halliburton breaks ground on first oilfield specialty chemical manufacturing reaction facility in Saudi Arabia

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2/20/2019 HOUSTON — Halliburton Company is pleased to announce it will build the first oilfield chemical manufacturing reaction plant in Saudi Arabia. The company held a ground-breaking ceremony on Monday, Feb. 18, at the plant’s PlasChem Park location in Jubail. Upon the plant’s completion in 2020, Halliburton will begin local manufacturing of specialty chemicals to Read More