U.S. Geothermal Resale Registration Statements Declared Effective

U.S. Geothermal Inc. (TSX: GTH)(NYSE Amex: HTM) (”U.S. Geothermal”), a renewable energy company focused on the production and sale of electricity from geothermal energy, clarified today that the Securities and Exchange Commission declared the resale registration statements filed by U.S. Geothermal, effective on January 29, 2010. The registration statements register for resale the shares [...]

February 3rd, 2010In geo thermal energy

Complete Production Services, Inc. Reports Fourth Quarter 2009 Results

HOUSTON–(BUSINESS WIRE)–Complete Production Services, Inc. (NYSE:CPX - News) today reported fourth quarter revenue of $251.4 million, operating loss of $114.9 million and a net loss of $103.5 million, or $1.38 per diluted share. Fourth quarter results include $102.1 million in pre-tax, non-cash charges ($1.21 per diluted share). The non-cash charges impacted the Completion and Production [...]

February 3rd, 2010In Energy Saving

Denham Capital Invests an Additional $108 Million in Geothermal Developer Vulcan Power Company

BEND, Ore. & BOSTON–(BUSINESS WIRE)–Vulcan Power Company (“Vulcan”), a developer of geothermal energy projects, and Denham Capital, an energy- and commodities-focused private investment firm, announced today that an affiliate of Denham Capital has invested $108 million in preferred and common stock of Vulcan. This is the second equity investment in Vulcan by such Denham Capital [...]

February 3rd, 2010In geo thermal energy

Pioneer Natural Resources Reports Fourth Quarter 2009 Results

DALLAS–(BUSINESS WIRE)–Pioneer Natural Resources Company (NYSE:PXD - News) today announced financial and operating results for the quarter and year ended December 31, 2009.
Pioneer reported fourth quarter net income attributable to common stockholders of $57 million, or $.48 per diluted share. Net income included a noncash unrealized loss on commodity derivatives of $38 million after tax, [...]

February 3rd, 2010In Energy Companies

Callon Petroleum Company Announces Haynesville Shale Development, 2010 Capital Budget and Provides Strategy and Operational Update

NATCHEZ, Miss.–(BUSINESS WIRE)–Callon Petroleum Company (NYSE: CPE - News) today announced details regarding its strategy shift to diversify its asset base to onshore in order to increase visible growth potential, including a 2010 capital budget of $61.7 million and its first acquisition in the North Louisiana Haynesville Shale play.
“We’ve been working on this strategy shift [...]

February 3rd, 2010In Energy Companies

Canada Hot Stocks: First Uranium, North American Energy, Monterey, Iteration

Among the companies whose shares are making notable moves in Tuesday’s session are First Uranium Corp. (FIU.T), North American Energy Partners Inc. (NOA), Monterey Exploration Ltd. (MXL.T) and Iteration Energy Ltd. (ITX.T).
First Uranium (C$1.45, -C$0.43, -23%) is reviewing strategic options after the recent unexpected withdrawal of environmental authorization for a new mine waste-storage facility [...]

February 3rd, 2010In Energy Saving

Obama Requests $11 Billion for Nuclear Agency

WASHINGTON — The Obama administration yesterday unveiled a spending plan that would increase funding for the U.S. National Nuclear Security Administration to $11.2 billion in the next fiscal year (see GSN, Jan. 29).
The agency, a semiautonomous branch of the Energy Department, would receive a 13.4-percent budget increase in fiscal 2011 to maintain the country’s nuclear [...]

February 3rd, 2010In energy policy

Exxon Mobil and Contango Oil & Gas: Opportunity Knocks for these Favored Energy Stocks

Exxon Mobil’s (XOM) investment thesis seems obvious. With their takeover plans for XTO Energy (XTO) it appears we have a very rare chance to buy the shares of the cash-rich, dividend-yielding “King of the Diversified Energy Companies.”
With it’s forward PE nearing 11, a 2.5% yield, priced at close to 1X sales, over $30 billion in [...]

January 26th, 2010In energy policy

Denison Forecasts Uranium Sales of 1.8 Million Pounds U3O8, Cash Flow from Mining Operations of $19.5 Million and Business Development Investments of $16.7 Million in 2010

Denison Mines Corp. (TSX: DML) (NYSE Amex: DNN) (”Denison” or the “Company”) announces that its 2010 operating plan and budget is expected to result in the sale of 1.8 million pounds of U3O8, operating cash flow from mining activities of $19.5 million and net cash flow of $1.0 million after the investment of $16.7 [...]

January 26th, 2010In uranium

ThruBit(R) Logging Solutions Announces Operational Savings Using Through-the-Bit Logging Conveyance

HOUSTON, TX–(Marketwire - 01/25/10) - ThruBit LLC announced today the proof of cost savings and successful deployment of its Surelog? open hole logging tools, on series of difficult wellbores in South Texas using its proprietary through-the-bit memory logging system. Significant AFE savings has been generated using the ThruBit? (TBL?) conveyance method of through-the-bit in difficult [...]

January 26th, 2010In Energy Companies

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U.S. Geothermal Resale Registration Statements Declared Effective

U.S. Geothermal Inc. (TSX: GTH)(NYSE Amex: HTM) (”U.S. Geothermal”), a renewable energy company focused on the production and sale of electricity from geothermal energy, clarified today that the Securities and Exchange Commission declared the resale registration statements filed by U.S. Geothermal, effective on January 29, 2010. The registration statements register for resale the shares [...]

February 3rd, 2010 - in geo thermal energy

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