Posts Tagged ‘potential’

Land-rig outfit to go public after merger

by on November 20, 2012 11:02 pm BST
Under the terms of the merger agreement, IDE stockholders will exchange their shares in the company for an aggregate number of newly issued shares of Empeiria common stock, as well as a cash consideration of $20 million."We are extremely excited about this transaction and our potential to transition into

Total seeks buyers for its gas Pipeline operator unit TIGF

by on October 17, 2012 5:04 am BST
Total seeks buyers for its gas Pipeline operator unit TIGFBY INTI LANDAUROPARIS -- Total said it is looking for potential buyers for TIGF, its natural gas pipeline operator in Southwestern France, as part of a strategy to focus on oil and gas extraction.Total will ask the potential buyers to keep

Yuan hits record closing high for 2nd day, but weekly gain small

by Forex Rooton October 12, 2012 9:46 am BST
Fri Oct 12, 2012 5:46am EDT * PBOC tolerates yuan rise but no sign of intervention * Potential for yuan to appreciate sharply limited* Yuan also touches record intraday high of 6.2640/dollar* But gains only 0.28 pct this weekBy Lu Jianxin and Gabriel WildauSHANGHAI, Oct 12 (Reuters) - The yuan crept to a new closing

Maverick spuds Edwards Reef well

by on September 12, 2012 4:20 am BST
The Long Branch-55 well is being drilled to a total depth of about 5500 feet using one of Maverick’s own drilling rigs, Maverick Rig-7, and will target the Edwards Central Texas Reef trend along with other potential formations.Maverick said an Edwards formation analogy was found in the nearby Salt Flat