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Newpark Secures New $100M Credit Line
Newpark Resources Inc., a provider of drilling fluids and environmental waste treatment services to the oil field industry, said Wednesday it secured a new $100 million revolving credit line.
The facility with its current bank group replaces an existing $70 million revolving credit line. The maturity date is June 25, 2011, which marks a three-year extension [...]
Toronto market flat on lower oil and gold prices, U.S. markets mixed
Tumbling oil and gold prices and a flurry of merger announcements kept the Toronto stock market flat Monday morning, while U.S markets were mixed.
Toronto’s S&P/TSX composite index inched up 3.32 points to 13,087.27 Monday after slipping 27.62 points last week on an across-the-board selloff. Canadian and New York markets have shot up well into record [...]
Southern Natural Gas Company Announces Expiration and Final Results of Cash Tender Offer for Its 6.70% Notes Due October 1, 2007
Southern Natural Gas Company (SNG), a wholly owned subsidiary of El Paso Corporation, announced the expiration and final results of its previously announced cash tender offer to purchase any and all of its outstanding 6.70% Notes due October 1, 2007 (CUSIP No. 843452AW3). The tender offer expired at 12:00 midnight, New York City time, on [...]
Read moreSilver Mining Exploration at Mexican Project, Expand to El Salvador
Aura Silver and Intrepid Mines Limited telah melakukan kerjasama sejak tahun 2006 untuk melakukan research dan survet terhadap lokasi di East Concession. Luas area untuk eksplorasi 7,500ha, 8 square kilometers with at least 15 significant quartz-carbonate-sulfide, several with surface exposure ranging to over 500 meters in strike length.
The geologic potential and priority of the East [...]
Rebuilding for the future with Iraqi oil
The work on Iraq’s oil machinery, at least the U.S. military’s $1.72 billion portion of it, is scheduled to be finished by May.
At that point, the war-torn nation should be able to tap into its cash cow at a rate equal to or higher than before the March 2003, U.S.-led invasion, according to the man [...]
