Tom Frew

PL601 and PL602 located in the Norwegian Sea Atlantic Petroleum (NASDAQ:ATLA) is pleased to announce that Atlantic Petroleum Norge has acquired Ithaca Petroleum Norge’s 10% interest in production licences PL601 and PL602 in the Norwegian Sea. The agreements are subject to government approval. The transaction is a result of Atlantic’s strategic focus in this area. […]

An offshore maintenance & inspection services company MISTRAS Group, Inc. (NYSE:MG) has announced the acquisition of The NACHER Corporation. NACHER provides comprehensive turnkey maintenance & inspection services to the oil, gas and petrochemical industry, primarily on offshore platforms. NACHER has become a leader in the offshore maintenance industry by partnering with customers to...

Senior Secured Notes by Corolla Trust Ambac Financial Group, Inc. (Nasdaq:AMBC), a holding company whose subsidiaries provide financial guarantees and other financial services to clients in both the public and private sectors globally, announced today the closing of a private placement of senior secured notes by Corolla Trust, a Delaware statutory trust. On August 28, […]

Will the investment come up smelling of roses? Applied Optoelectronics (Nasdaq:AAOI), a provider of fiber-optic access network products for the cable broadband, internet data center, and fiber-to-the-home markets, today announced the availability of a revolutionary new laser for methane gas (CH4) sensing applications. The new laser can be utilized in advanced high-precision and...

Transfer of Convertible Loan Agreement and Board Changes Paragon Diamonds Limited, the AIM quoted diamond development and production company in Africa announces that Obtala Resources Limited, the holder of £1,996,000 loan notes in the Company, as well as 27.33% of the Company’s issued share capital, has entered into an agreement to sell the Notes to […]

Operations and Trading Update Goldplat plc, the AIM listed gold producer in Africa, announces an operations update for its two market leading gold recovery businesses in South Africa and Ghana, its Kilimapesa Gold Project in Kenya and Midas Gold initiative in Burkina Faso. Trading Update: Goldplat operated profitably in the second half of FY 2014, […]

Food for thought? Tyson Foods, Inc. (NYSE:TSN) and The Hillshire Brands Company (NYSE:HSH) today announced that Tyson has extended the offering period of its previously announced tender offer to purchase all of the outstanding shares of common stock of Hillshire Brands for $63.00 per share in cash, without interest. Pursuant to the Agreement and Plan […]

Made available for investment in underserved communities The U.S. Treasury Department today announced that it has guaranteed $325 million in new bonds to help support economic development opportunities in low-income and underserved communities across the country. The funding, provided through the Community Development Financial Institutions (CDFI) Bond Guarantee Program, is designed to help...

Trade like an Egyptian BP Egypt today announced first gas from the DEKA project offshore Egypt with the start of production from the Denise South-6 well at an initial rate of 50 million cubic feet per day (mmscf/d). The DEKA project is centred on the Denise and Karawan gas fields in Temsah Concession in the […]

So, how did they do? Premier, Inc. (Nasdaq:PINC) today reported financial results for the fiscal 2014 fourth quarter and full year ended June 30, 2014. Fiscal-Year Highlights: Pro forma results reflect the impact of the company’s reorganization and initial public offering (IPO)*. – On a pro forma basis, net revenue of $869.3 million increased 14% […]