Posts Tagged ‘over-the-next’

Flaherty says Canada needs foreign investment

by Forex Rooton November 23, 2012 3:05 am BST
"We know we don't have enough capital in this country to develop our resources that we want to develop over the next generation, so we have to have some accommodation with respect to foreign direct investment," Reuters quoted Flaherty as saying to the Canadian Broadcasting Corporation (CBC).He added

BP discovery doubles gas estimate for Trinidad-Tobago Savonette field

by on November 19, 2012 1:56 pm BST
BP discovery doubles gas estimate for Trinidad-Tobago Savonette fieldLONDON -- BP PLC's Trinidad and Tobago unit, BPTT, said Monday it has discovered an estimated 1 Tcf of gas off the coast of Trinidad, doubling the estimated gas in place at the Savonette gas field.The Savonette 4 appraisal well was drilled to

Sefton eyes 46 wells for workover campaign

by on November 15, 2012 9:36 am BST
The company’s wholly-owned subsidiary TEG MidContinent signed a binding purchase and sale agreement in late September for a 100% working interest in the lease in Leavenworth County, which includes 14 existing well bores plus accompanying surface equipment and water disposal facilities.With the deal now closed, Sefton has immediately acquired

Profits cut fails to dampen Kvaerner spirits

by on October 31, 2012 9:01 am BST
The Oslo-listed company’s share was trading up more than 5% on Wednesday despite reporting quarterly net profit of Nkr48 million ($8.4 million), versus Nkr135 million a year earlier, as its revenue sank 7% year on year to Nkr2.43 billion.Its earnings before interest, tax, depreciation and amortisation of Nkr109