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 [...]
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 [...]
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 [...]
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, [...]
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 [...]
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 [...]
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 [...]
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 [...]
HOUSTON–(BUSINESS WIRE)–Halliburton (NYSE:HAL - News) announced today that it will present at the 2010 Credit Suisse Energy Summit on Wednesday, February 3, 2010, at 9:45 a.m. Central Time (8:45 a.m. Mountain Time).
Interested parties may listen to the presentation live over the Internet by accessing the link to the web cast at www.halliburton.com. Please go to [...]
Mighty River Power is a step closer to completing its $430 million Nga Awa Purua geothermal power station and has lodged consents for another $400 million geothermal station at Ngatamariki, near Taupo.
The state-owned company said testing at Nga Awa Purua was conducted over the weekend and electricity was added to the national grid.
The 132 MW [...]
