Natural gas

Bragar Eagel & Squire, P.C. Reminds Investors That Class Action Lawsuits Have Been Filed Against IonQ, Energy Transfer, Digital Turbine, and Teladoc and Encourages Investors to Contact the Firm

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Thursday, June 30, 2022 - 2:00am
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For more information on the IonQ class action go to: https://bespc.com/cases/IONQ

Key Points: 
  • For more information on the IonQ class action go to: https://bespc.com/cases/IONQ
    Energy Transfer is a Delaware company headquartered in Dallas, Texas.
  • Energy Transfer is a company engaged in natural gas and propane pipeline transport.
  • For more information on the Teladoc class action go to: https://bespc.com/cases/TDOC
    About Bragar Eagel & Squire, P.C.
  • The firm represents individual and institutional investors in commercial, securities, derivative, and other complex litigation in state and federal courts across the country.

Citizen Energy Continues Mid-Continent Success with Accretive Consolidation

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Wednesday, June 29, 2022 - 11:34pm
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Tulsa-based Citizen Energy announced it has closed an acquisition of substantially all of the oil and gas properties of Red Bluff Resources and Bricktown Energy with an April 1, 2022 effective date.

Key Points: 
  • Tulsa-based Citizen Energy announced it has closed an acquisition of substantially all of the oil and gas properties of Red Bluff Resources and Bricktown Energy with an April 1, 2022 effective date.
  • Citizens existing ~245,000 net acre position coupled with Sellers ~80,000 net acres will create a dominant Mid-Continent footprint.
  • Citizen expects the acquisition to be highly accretive to shareholder returns and set Citizen on a trajectory to become one of the top private producers in the U.S.
    Baker Botts served as legal counsel for Buyers.
  • The Company secured financing for the transaction from certain private funds managed by EIG, an institutional capital provider throughout the energy value chain.

PDC Energy Announces Approval of Broe Oil and Gas Development Plan Permit Adding to Existing Multi-Year Inventory of Colorado Development Drilling Locations

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Wednesday, June 29, 2022 - 10:37pm
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DENVER, June 29, 2022 (GLOBE NEWSWIRE) -- PDC Energy, Inc. (PDC or the Company) (Nasdaq: PDCE) announced today that the Colorado Oil and Gas Conservation Commission (COGCC) approved the Companys Broe Oil & Gas Development Plan (OGDP) permit, which encompasses 30 wells in rural Weld County, Colorado.

Key Points: 
  • DENVER, June 29, 2022 (GLOBE NEWSWIRE) -- PDC Energy, Inc. (PDC or the Company) (Nasdaq: PDCE) announced today that the Colorado Oil and Gas Conservation Commission (COGCC) approved the Companys Broe Oil & Gas Development Plan (OGDP) permit, which encompasses 30 wells in rural Weld County, Colorado.
  • The Broe OGDP was initiated by Great Western Petroleum, LLC (Great Western), which was acquired by PDC in May 2022, and represents PDCs first OGDP approval on Great Western acreage.
  • Broe is the second PDC OGDP to receive unanimous approval this month, and third approval within the last 12 months.
  • Our integration of the Great Western assets continues to go well as is evident from this approval.

NFI Provides Update on its Credit Facilities Amendment Discussions and Timing

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Wednesday, June 29, 2022 - 9:15pm
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NFI believes the discussions are advancing well, with draft terms prepared and reviewed by NFI and its banking partners.

Key Points: 
  • NFI believes the discussions are advancing well, with draft terms prepared and reviewed by NFI and its banking partners.
  • The detailed discussions relate to amendments to the Companys existing $1.25 billion senior revolving credit facility and its 50 million revolving UK credit facility (collectively, the Credit Facilities) where NFI is pursuing covenant relief that reflects NFIs trailing twelve-month financial results and its expected financial performance for the remainder of 2022.
  • NFI believes that it will receive additional waivers required to support completion of the amendments should they not be complete by August 3, 2022.
  • With zero-emission buses and coaches, infrastructure, and technology, NFI meets todays urban demands for scalable smart mobility solutions.

Permian Highway Pipeline Announces Final Investment Decision for Expansion Project

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Wednesday, June 29, 2022 - 9:05pm
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Permian Highway Pipeline, LLC (PHP) today announced a final investment decision (FID) to proceed with its expansion project after securing binding firm transportation agreements for all available capacity.

Key Points: 
  • Permian Highway Pipeline, LLC (PHP) today announced a final investment decision (FID) to proceed with its expansion project after securing binding firm transportation agreements for all available capacity.
  • Pending the timely receipt of required approvals, the target in-service date for the project is anticipated to be November 1, 2023.
  • We are excited to have achieved FID on this very important expansion, said Kinder Morgan Natural Gas Midstream President Sital Mody.
  • The project will alleviate transportation constraints out of the Permian Basin so as to further support meeting our domestic and global energy needs.

Civitas Resources Announces Appointment of New Chief Legal Officer

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Wednesday, June 29, 2022 - 9:15pm
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Civitas Resources, Inc. (NYSE: CIVI) (the "Company" or "Civitas") today announced the retirement of Cyrus (Skip) Marter and the appointment of Travis Counts as the Companys new Chief Legal Officer.

Key Points: 
  • Civitas Resources, Inc. (NYSE: CIVI) (the "Company" or "Civitas") today announced the retirement of Cyrus (Skip) Marter and the appointment of Travis Counts as the Companys new Chief Legal Officer.
  • In conjunction with Mr. Marters retirement, the Company's board of directors has appointed Travis Counts as the new Chief Legal Officer and Secretary.
  • Chris Doyle, President and Chief Executive Officer of Civitas, commented, Our board of directors and I want to thank Skip for his many contributions to Civitas.
  • We also want to welcome Travis Counts as our new Chief Legal Officer.

Update from the California Cantaloupe Advisory Board: Things have Changed When It Comes to Selecting the Perfect Cantaloupe This Summer

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Wednesday, June 29, 2022 - 8:37pm
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According to the California Cantaloupe Advisory Board, which represents all growers of cantaloupe in California, cantaloupe growers around the world are increasingly planting newer varieties that have longer shelf life, which helps to reduce food waste.

Key Points: 
  • According to the California Cantaloupe Advisory Board, which represents all growers of cantaloupe in California, cantaloupe growers around the world are increasingly planting newer varieties that have longer shelf life, which helps to reduce food waste.
  • This summer nearly all of the states cantaloupes which are harvesting now will be newer, longer shelf-life varieties.
  • But with these new varieties comes some new rules to follow when selecting a ripe cantaloupe at your grocery store.
  • The California Cantaloupe Advisory Board also offers some updated tricks and tips for selecting the perfect cantaloupe.

Steel Reef Announces Completion of Substantial Issuer Bid

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Wednesday, June 29, 2022 - 7:00pm
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CALGARY, ALBERTA, June 29, 2022 (GLOBE NEWSWIRE) -- Steel Reef Infrastructure Corp. (Steel Reef or the Company) announces that it has taken up and purchased for cancellation 10,663,193 common shares (Shares) at a price of $2.50 per Share under Steel Reefs substantial issuer bid (the Offer) for an aggregate purchase price of approximately $26.66 million.

Key Points: 
  • CALGARY, ALBERTA, June 29, 2022 (GLOBE NEWSWIRE) -- Steel Reef Infrastructure Corp. (Steel Reef or the Company) announces that it has taken up and purchased for cancellation 10,663,193 common shares (Shares) at a price of $2.50 per Share under Steel Reefs substantial issuer bid (the Offer) for an aggregate purchase price of approximately $26.66 million.
  • Shares purchased under the Offer represent approximately 4.2% of the total number of Steel Reefs issued and outstanding Shares at the time the Offer was commenced.
  • All shareholders who made auction tenders and purchase price tenders will have 100% of their successfully tendered Shares purchased by Steel Reef at the purchase price.
  • Formed in 2012, Steel Reef is a privately held midstream energy company which captures, processes and transports associated natural gas.

Corning Announces Quarterly Dividend

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Wednesday, June 29, 2022 - 6:54pm
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CORNING, N.Y., June 29, 2022 (GLOBE NEWSWIRE) -- Corning Incorporateds (NYSE: GLW) Board of Directors today declared a quarterly dividend of $0.27 per share on the companys common stock.

Key Points: 
  • CORNING, N.Y., June 29, 2022 (GLOBE NEWSWIRE) -- Corning Incorporateds (NYSE: GLW) Board of Directors today declared a quarterly dividend of $0.27 per share on the companys common stock.
  • The dividend will be payable on Sept. 29, 2022, to shareholders of record on Aug. 31, 2022.
  • Corning encourages investors, media, and other interested parties to review the information Corning may publish through its website and social media channels as described above, in addition to the companys SEC filings, press releases, conference calls, and webcasts.
  • Corning ( www.corning.com ) is one of the world's leading innovators in materials science, with a 170-year track record of life-changing inventions.

Fujifilm to Invest USD 1.6 billion to enhance and expand its global offering of cell culture manufacturing services

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Wednesday, June 29, 2022 - 6:00pm
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TOKYO, June 29, 2022 (GLOBE NEWSWIRE) -- FUJIFILM Corporation (President and CEO, Representative Director: Teiichi Goto) today announced the investment of USD 1.6 billion to enhance and expand the cell culture manufacturing services of FUJIFILM Diosynth Biotechnologies, a subsidiary of FUJIFILM Corporation, and world-leading contract development and manufacturing organization (CDMO).

Key Points: 
  • TOKYO, June 29, 2022 (GLOBE NEWSWIRE) -- FUJIFILM Corporation (President and CEO, Representative Director: Teiichi Goto) today announced the investment of USD 1.6 billion to enhance and expand the cell culture manufacturing services of FUJIFILM Diosynth Biotechnologies, a subsidiary of FUJIFILM Corporation, and world-leading contract development and manufacturing organization (CDMO).
  • This investment will enhance FUJIFILM Diosynth Biotechnologies sites in Hillerd, Denmark, and Texas in the United States.
  • This investment will also expand cell culture manufacturing solutions at the FUJIFILM Diosynth Biotechnologies Texas site.
  • FUJIFILM Diosynth Biotechnologies will implement its proprietary SymphonXTM production equipment, enabling cGMP MaruX continuous processing at the single-use cell culture manufacturing site.