Posts Tagged ‘New Mexico’

Forest Oil Announces Closing of Its Permian Basin Divestiture and Calls $150 Million 7 ¾% Senior Notes Due 2014

December 22nd, 2009

Forest Oil Corporation (NYSE:FST) (Forest or the Company) today announced that it closed the previously announced sale of the remainder of its Permian Basin properties in West Texas and New Mexico for approximately $800 million to SandRidge Exploration and Production, LLC, a wholly-owned subsidiary of SandRidge Energy, Inc. (NYSE:SD), subject to customary post-closing purchase price [...]

Blugrass Energy Inc. Announces “Farm In” Agreement With Doral Energy Corp.

October 17th, 2009

CALGARY, AB–(Marketwire - 10/16/09) - Blugrass Energy Inc. (OTC.BB:BLUG - News) is pleased to announce that Doral Energy Corp. (”Doral”) has entered into negotiations with Blugrass Energy, the owner(s) of the Cave Pool Unit located in Eddy County New Mexico, as a result of the October 12, 2009 closing by and between Blugrass Energy Inc. [...]

Holly Corporation Third Quarter 2009 Earnings Release and Conference Webcast

October 15th, 2009

Holly Corporation (NYSE: HOC - News) plans to announce results for the quarter ended September 30, 2009 on November 5, 2009, before the opening of trading on the NYSE. The company has scheduled a webcast conference call on November 5, 2009 at 4:00PM Eastern time to discuss financial results.
Holly Corporation, headquartered in Dallas, Texas, is [...]

Best Energy Services to Announce Second Quarter Results on Wednesday, August 19, 2009

August 18th, 2009

gy Services, Inc. (OTC Bulletin Board: BEYS - News) will announce its financial results for the three and six months ended June 30, 2009 on Wednesday, August 19, 2009.
In addition, management will host a teleconference on Thursday, August 20, 2009, beginning at 4:15 PM Eastern Time, and invites all interested parties to join a discussion [...]

Uranium Resources buys mineral rights

July 20th, 2009

Uranium Resources Inc. has signed a deal to purchase mineral rights on 113,000 acres of uranium-rich land in New Mexico.
Dallas-based Uranium Resources is buying the mineral rights from NZ Uranium in exchange for $1 million cash and four million shares of common stock along with future royalty considerations. The land is located in the Crownpoint [...]

$350 Million In Geothermal Stimulus Funds Begin To Flow

June 12th, 2009

June 8, 2009 (FinancialWire) — U.S. Geothermal Inc. (HTM) has been selected by the U.S. Department of Energy to enter into due diligence review on an $85 million project loan for its Neal Hot Springs project in eastern Oregon. Geothermal initiatives have also been announced by Ormat Technologies, Inc. (ORA), WaterFurnace Renewable Energy, Inc. (WFI) [...]

Williams Partners L.P. Provides Second Update on Ignacio Gas Processing Plant

June 11th, 2009

Williams Partners L.P. (NYSE: WPZ - News) today provided a second update on the status of its Ignacio Gas Processing plant following a ruptured pipeline at the facility on June 3.
The scope of the work was expanded beyond the repair of the damaged pipes to ensure that any similarly situated piping was thoroughly inspected and [...]

Billerica Solar-Panel Plant To Close, Lay Off About 200

June 4th, 2009

By JESS BIDGOOD
BOSTON — A solar-panel manufacturer plans to close its Billerica plant in July, eliminating as many as 200 jobs.
Schott Solar will move its Billerica operations to a new plant in Albuquerque, N.M.
Mark Finocchario, Schott Solar president and CEO, said the decision to close the plant was made in response to a decrease in [...]

Hyperion Has a $100M Valuation for Mini Nuclear Power

May 19th, 2009

By David Ehrlich - Earth2Tech
The idea of nuclear-in-a-box sounds like a joke, but investors and potential customers are taking Hyperion Power Generation very seriously — the company is valued at a whopping $100 million by investors, according to the Denver Post. The company is backed by Altira Group, and though Hyperion hasn’t disclosed [...]

Congress must reject energy tax increases

April 1st, 2009

As demonstrated by President Obama’s budget, the administration has launched an onslaught of unprecedented policies to restrict access to natural resources and increase taxes on America’s homegrown natural gas and oil industry.
The attack has drawn the ire of Democrats and Republicans from energy-producing states. One Senate Democrat recently said, “I’m going to ask the president [...]