Petro

NOG Announces Closing of Upsized Acquisition in Core Midland Basin Development Project

Retrieved on: 
Monday, January 9, 2023

Northern Oil and Gas, Inc. (NYSE: NOG) (the “Company” or “NOG”) today announced the closing of its acquisition of non-operated properties in the core of the Midland Basin.

Key Points: 
  • Northern Oil and Gas, Inc. (NYSE: NOG) (the “Company” or “NOG”) today announced the closing of its acquisition of non-operated properties in the core of the Midland Basin.
  • On January 5, 2023, NOG closed on its previously announced acquisition of non-operated interests in the Mascot Project from Midland Petro D.C. Partners, LLC (“MPDC”).
  • The closing cash settlement is net of preliminary and customary purchase price adjustments and remains subject to post-closing settlements between NOG and MPDC.
  • NOG funded the acquisition with cash on hand, operating free cash flow and borrowings from NOG’s revolving credit facility.

Bintai Kinden Expands Further into O&G

Retrieved on: 
Tuesday, January 3, 2023

Executive Director of Bintai Kinden, En.

Key Points: 
  • Executive Director of Bintai Kinden, En.
  • PFF is a supplier of pipes, flanges, fittings, valves and other O&G-related equipment.
  • Azri Azerai, Executive Director of Bintai Kinden said, "The latest award of subcontracts to BESB is part of the partnerships and tie-ups we are pursuing to grow our O&G-related business.
  • This includes seeking opportunities and partnerships with companies that share the same vision as Bintai Kinden, in Southeast Asia.

Matt Shaw to Assume Vice President of Sales at Mighty Auto Parts

Retrieved on: 
Tuesday, December 20, 2022

PEACHTREE CORNERS, Ga., Dec. 20, 2022 /PRNewswire-PRWeb/ -- Matt joined Mighty as Director of Sales in 2020 and then quickly promoted to Senior Director of Sales in 2021. He has supported the Mighty System with his wealth of successful sales experience with traditional, fleet, and new car dealership customers, along with his knowledge of the chemical, detail, and the equipment side of the business. Matt has spent a significant amount of time working to make Mighty's relaunch of the VS7® Program successful, and he was instrumental in bringing on Flo-Dynamics as a supplier, all while establishing key relationships with franchises and National & Regional Accounts.

Key Points: 
  • Mike Hudgins, Vice President of Sales, will retire following 35 years with the organization, and Matt Shaw will serve as his successor, Josh D'Agostino, Mighty's President & CEO, announced recently.
  • PEACHTREE CORNERS, Ga., Dec. 20, 2022 /PRNewswire-PRWeb/ -- Matt joined Mighty as Director of Sales in 2020 and then quickly promoted to Senior Director of Sales in 2021.
  • "Matt joined Mighty just a few years ago and has proven to be an excellent fit.
  • Headquartered in Peachtree Corners, GA, Mighty supports 100 franchised distributors in 44 U.S. states and five international markets.

Verde Bio Holdings Provides Second Quarter Corporate Update

Retrieved on: 
Friday, December 16, 2022

FRISCO, TX, Dec. 16, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire – Verde Bio Holdings, Inc. (OTCQB: VBHI), a growing oil and gas company, today issued its second quarter shareholder update, along with its 10-Q filing with the highlights of the Quarter and what is in store for the future.

Key Points: 
  • FRISCO, TX, Dec. 16, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire – Verde Bio Holdings, Inc. (OTCQB: VBHI), a growing oil and gas company, today issued its second quarter shareholder update, along with its 10-Q filing with the highlights of the Quarter and what is in store for the future.
  • Verde has built an excellent portfolio and as commodity prices continue to rise, so does its revenue on a relative basis with no increased cost to Verde.
  • "I'm pleased to report another quarter of consistent execution towards our growth initiatives driven by the strategic expansion of our low-risk, long-life, low-decline asset acquisition model into complementary acquisitions.
  • Looking forward, we are focused on the growth of our portfolio and revenues as well as overall profitability.

Black Bear Diner Continues Texas Expansion with Openings in El Paso and Harker Heights

Retrieved on: 
Thursday, December 15, 2022

In addition to the El Paso opening, the brand announced another new market entry with the opening of its first diner in Harker Heights, Texas.

Key Points: 
  • In addition to the El Paso opening, the brand announced another new market entry with the opening of its first diner in Harker Heights, Texas.
  • We are thrilled to finish off a year of immense growth in Texas with the openings of both the El Paso and Harker Heights diners, said Anita Adams, CEO of Black Bear Diner.
  • Both openings mark our first diners in the markets and the El Paso opening is our second location this year with TravelCenters of America.
  • The El Paso and Harker Heights openings finish off a year of revitalized post-pandemic development for Black Bear Diner and bring the companys total diner openings for the year to 10.

Corrigan Oil Selects iRely for Its New ERP System

Retrieved on: 
Monday, December 12, 2022

FORT WAYNE, Ind., Dec. 12, 2022 /PRNewswire/ -- iRely, LLC , an innovative partner providing enterprise software for petroleum distributors and convenience stores, announces Corrigan Oil has selected iRely as their partner of choice for its comprehensive ERP and operational software solution.

Key Points: 
  • FORT WAYNE, Ind., Dec. 12, 2022 /PRNewswire/ -- iRely, LLC , an innovative partner providing enterprise software for petroleum distributors and convenience stores, announces Corrigan Oil has selected iRely as their partner of choice for its comprehensive ERP and operational software solution.
  • Founded in 1958, Corrigan Oil is a family business in its 3rd generation, owned by Mike and Tim Corrigan.
  • "We are immensely proud to be welcoming Corrigan into the iRely family of customers" stated Dylan Gamboa, SVP of iRely's Petro division.
  • Corrigan Oil is one of several petroleum and C-store organizations recently added to the growing iRely customer base.

Global Expandable Polystyrene (EPS) Industry Report 2022-2026: Installed Capacity and Capital Expenditure (CapEx) Forecasts - Details of All Active Plants, Planned and Announced Projects - ResearchAndMarkets.com

Retrieved on: 
Monday, November 28, 2022

Asia Expandable Polystyrene (EPS) Industry, Annual New Build and Expansion Capital Expenditure Outlook for Active, Planned and Announced Projects

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  • Asia Expandable Polystyrene (EPS) Industry, Annual New Build and Expansion Capital Expenditure Outlook for Active, Planned and Announced Projects
    4.5.
  • Asia Expandable Polystyrene (EPS) Industry, Annual New Build and Expansion Capital Expenditure Outlook for Active, Planned and Announced Plants by Country
    5.1.
  • Middle East Expandable Polystyrene (EPS) Industry, Annual New Build and Expansion Capital Expenditure Outlook for Active, Planned and Announced Projects
    6.5.
  • Middle East Expandable Polystyrene (EPS) Industry, Annual New Build and Expansion Capital Expenditure Outlook for Active, Planned and Announced Projects by Country
    7.1.

EQS-News: Q1–3 2022 results of Petro Welt Technologies AG: Increased Group revenue due to strengthened fracturing activities and positive development in the Drilling, Sidetracking, and IPM segment

Retrieved on: 
Sunday, November 27, 2022

Q13 2022 results of Petro Welt Technologies AG: Increased Group revenue due to strengthened fracturing activities and positive development in the Drilling, Sidetracking, and IPM segment

Key Points: 
  • Q13 2022 results of Petro Welt Technologies AG: Increased Group revenue due to strengthened fracturing activities and positive development in the Drilling, Sidetracking, and IPM segment
    The issuer is solely responsible for the content of this announcement.
  • Q13 2022 results of Petro Welt Technologies AG: Increased Group revenue due to strengthened fracturing activities and positive development in the Drilling, Sidetracking, and IPM segment
    In the first nine months of 2022, consolidated revenue of the PeWeTe Group increased to EUR 229.8 million (Q13 2021: EUR 168.5 million).
  • Revenue in the Well Services and Stimulation segment increased by 60.0% compared to 2021 and reached EUR 110.1 million in the first nine months of 2022 (Q13 2021: EUR 68.8 million).
  • In the Drilling, Sidetracking, and Integrated Project Management (IPM) segment, revenue amounted to EUR 110.6 million in the first nine months of 2022 (Q13 2021: EUR 90.4 million), up 22.3%.

ALLIED COPPER REPORTS ADDITIONAL FINANCIAL AND TECHNICAL INFORMATION FOR VOLT LITHIUM CORP.

Retrieved on: 
Friday, November 25, 2022

Vancouver, British Columbia, Canada, Nov. 24, 2022 (GLOBE NEWSWIRE) -- Allied Copper Corp. (TSX-V: CPR, OTCQB: CPRRF) (the Company or Allied Copper), is pleased to announce additional technical information and financial information regarding Volt Lithium Corp. (Volt).

Key Points: 
  • Vancouver, British Columbia, Canada, Nov. 24, 2022 (GLOBE NEWSWIRE) -- Allied Copper Corp. (TSX-V: CPR, OTCQB: CPRRF) (the Company or Allied Copper), is pleased to announce additional technical information and financial information regarding Volt Lithium Corp. (Volt).
  • The QP concluded that the Volt sampling program validated the historical lithium-brine analytical results: 38.3 mg/L lithium (historical; n=9 analyses) versus 35.0 mg/L lithium (Volt; n=10 analyses).
  • In connection with the TSXVs review of the Acquisition, the TSXV halted trading of Allied Copper shares on the TSXV, pending the collection and dissemination of additional financial and technical information relating to Volt.
  • Trading of Allied Copper shares on the TSXV is expected to resume on November 29, 2022, following dissemination of the additional information contained herein.

TravelCenters of America to Present at the Benchmark Company’s 11th Annual Discovery One-on-One Investor Conference on Thursday, December 1st

Retrieved on: 
Tuesday, November 22, 2022

TravelCenters of America Inc. (Nasdaq: TA) today announced that Chief Executive Officer Jonathan Pertchik and Chief Financial Officer Peter Crage will be hosting meetings at the Benchmark Companys 11th Annual Discovery One-on-One Investor Conference on Thursday, December 1, 2022 in New York City.

Key Points: 
  • TravelCenters of America Inc. (Nasdaq: TA) today announced that Chief Executive Officer Jonathan Pertchik and Chief Financial Officer Peter Crage will be hosting meetings at the Benchmark Companys 11th Annual Discovery One-on-One Investor Conference on Thursday, December 1, 2022 in New York City.
  • For additional information or to schedule a one-on-one meeting with TA management, please contact your Benchmark Company representative or visit https://www.benchmarkcompany.com/news-events/upcoming-events/the-11th-an... .
  • About TravelCenters of America Inc.
    TravelCenters of America Inc. (Nasdaq: TA) is the nation's largest publicly traded full-service travel center network.
  • TA operates over 600 full-service and quick-service restaurants and nine proprietary brands, including Iron Skillet and Country Pride.