Tom Frew

What are they looking to do with the funds? Capital for Colleagues has received irrevocable commitments to subscribe for 424,151 New Ordinary Shares at a price of 59p per share pursuant to the Crowdfunding announced by the Company on 5 February 2015. The Minimum Amount of GBP 0.25 million to be raised in the Crowdfunding […]

American National Insurance Company (Nasdaq:ANAT) announced 2014 net income of $247,193,000 or $9.18 per diluted share compared to net income of $268,372,000 or $9.97 per diluted share for 2013. After-tax operating income for 2014 increased to $209,791,000 or $7.79 per diluted share, from $185,120,000 or $6.88 per diluted share for 2013. The increase in operating […]

Uponor invests €16 million to expand PEX pipe manufacturing capacity in North America Uponor’s U.S. subsidiary, Uponor, Inc. is expanding its manufacturing facility in Apple Valley, Minnesota, beginning this spring and with completion expected by December 2015. The €16 million ($18m) investment will be mostly used toward expansion of an additional 8,175 m2 (88,000 sq. […]

Up to 38,900 jobs supported by new PTO operations? In its latest report, Economic Impact of Plastics-to-Oil Facilities in the U.S., the American Chemistry Council (ACC) explored the potential impact that building plastics-to-oil (PTO) facilities in the U.S. could have on economic output and job creation. The report concluded that the U.S. could support as […]

Commencement of Drilling at Kiln Lane Prospect, onshore UK Europa Oil & Gas (Holdings) plc, the AIM quoted oil and gas exploration and development company with a combination of producing and exploration assets in Europe, has announced its Kiln Lane -1 conventional exploration well on Licence PEDL 181 in Northeast Lincolnshire spudded at 0706 hours […]

Under five-year contract, BP will offer courses next year in a new state-of-the-art Maersk Training facility in Houston BP will offer advanced training programs for its offshore drilling teams under a new global agreement with Maersk Training, further underscoring BP’s commitment to safe and reliable operations. By 2016, Maersk Training, which currently is working with […]

RigNet expects to take a one-time charge of approximately $6.2 million RigNet, Inc. (Nasdaq:RNET), a leading global provider of digital technology solutions to the oil and gas industry, today announced that it is implementing a plan to shift resources from its U.S. land rig communications business and certain back office support functions to expand its […]

Fifth Street Asset Management Inc. (NASDAQ:FSAM)today announced the closing of Fifth Street Senior Loan Fund I, LLC, a $309.5 million collateralized loan obligation. FS SLF I represents FSAM’s initial CLO under management and its pricing was the first for a debut manager in 2015. FS SLF I is primarily invested in middle market senior secured […]

Second Interval at Wressle-1 Well Free Flows Oil & Gas 182 barrels of oil per day Europa Oil & Gas, the AIM quoted oil and gas company with a combination of producing and exploration assets in Europe, has commented upon the announcement of Egdon Resources today confirming free flowing oil production rates equivalent to up […]

Option to acquire leading US industrial and energy consultant to provide UAV solutions to the commercial sector Strat Aero plc, an international aerospace services company, has announced that it has, via its 100% owned subsidiary Strat Aero International Inc. signed an Option Agreement to acquire 70% of the issued share capital of New Amsterdam Global […]