GOM

God of Musician Platform: A Golden Opportunity for Music, Blockchain, and Investment

Retrieved on: 
Wednesday, October 4, 2023

The revival of the GOM Music Copyright Platform signifies not only a technological leap but also a profound reimagining of the music industry.

Key Points: 
  • The revival of the GOM Music Copyright Platform signifies not only a technological leap but also a profound reimagining of the music industry.
  • The music market presents an immense opportunity for investors, and the blockchain-based music market is still in its infancy, making GOM an increasingly alluring proposition.
  • This convergence presents a compelling investment prospect as GOM seeks to unlock new revenue streams and efficiencies in music copyright management.
  • In an era marked by unprecedented transformation and innovation, the GOM Music Copyright Platform emerges as a glistening opportunity for investors.

ACES to Deliver State of Art Mobile Infrastructure for Mumbai Underground Metro Line-3

Retrieved on: 
Friday, September 29, 2023

ACES will equip India's longest underground metro line with State of Art mobile telecom infrastructure with 4G and 5G technologies and will cover the entire stretch of 33.5 Kilometers line, which includes 27 stations, platforms, concours, and tunnels.

Key Points: 
  • ACES will equip India's longest underground metro line with State of Art mobile telecom infrastructure with 4G and 5G technologies and will cover the entire stretch of 33.5 Kilometers line, which includes 27 stations, platforms, concours, and tunnels.
  • Dr. Akram Aburas, CEO of ACES expressed his pride association with this prestigious project and explained ACES future vision as International Neutral Digital Infrastructure Company.
  • MMRC Management expressed happiness in partnering with ACES, which aims to equip its longest underground Metro Line-3 with a state of art 4G and 5G Mobile Infrastructure for an exclusive period of 9 years and will neutrally cater 600 million Passengers annually.
  • Mumbai Metro Rail Corporation Limited (MMRC) is the nodal agency responsible for the implementation of Mumbai Metro Line–3 (MML-3) project.

ACES wins Mumbai's First and Longest Underground Metro Line serving over 600 Million Annual Passengers

Retrieved on: 
Wednesday, September 27, 2023

ACES will equip India's longest underground metro line with State of Art mobile telecom infrastructure with 4G and 5G technologies and will cover the entire stretch of 33.5 Kilometers line, which includes 27 stations, platforms, concours, and tunnels.

Key Points: 
  • ACES will equip India's longest underground metro line with State of Art mobile telecom infrastructure with 4G and 5G technologies and will cover the entire stretch of 33.5 Kilometers line, which includes 27 stations, platforms, concours, and tunnels.
  • Thus, providing Metro's 1.6 million passengers per day with seamless coverage and enhance mobile data speeds.
  • Dr. Akram Aburas, CEO of ACES expressed his pride association with this prestigious project and explained ACES future vision as International Neutral Digital Infrastructure Company.
  • MMRC Management expressed happiness in partnering with ACES, which aims to equip its longest underground Metro Line-3 with a state of art 4G and 5G Mobile Infrastructure for an exclusive period of 9 years and will neutrally cater 600 million Passengers annually.

ACES wins Mumbai's First and Longest Underground Metro Line serving over 600 Million Annual Passengers

Retrieved on: 
Wednesday, September 27, 2023

ACES will equip India's longest underground metro line with State of Art mobile telecom infrastructure with 4G and 5G technologies and will cover the entire stretch of 33.5 Kilometers line, which includes 27 stations, platforms, concours, and tunnels.

Key Points: 
  • ACES will equip India's longest underground metro line with State of Art mobile telecom infrastructure with 4G and 5G technologies and will cover the entire stretch of 33.5 Kilometers line, which includes 27 stations, platforms, concours, and tunnels.
  • Thus, providing Metro's 1.6 million passengers per day with seamless coverage and enhance mobile data speeds.
  • Dr. Akram Aburas, CEO of ACES expressed his pride association with this prestigious project and explained ACES future vision as International Neutral Digital Infrastructure Company.
  • MMRC Management expressed happiness in partnering with ACES, which aims to equip its longest underground Metro Line-3 with a state of art 4G and 5G Mobile Infrastructure for an exclusive period of 9 years and will neutrally cater 600 million Passengers annually.

W&T Offshore Announces Accretive Acquisition of Producing Properties in the Gulf of Mexico

Retrieved on: 
Thursday, September 21, 2023

The acquisition has a closing date of September 20, 2023, and an effective date of June 1, 2023.

Key Points: 
  • The acquisition has a closing date of September 20, 2023, and an effective date of June 1, 2023.
  • The Assets were acquired for a gross consideration of $32 million, subject to normal and customary post-effective date purchase price adjustments.
  • We believe that these properties are another great example of an acquisition that adds value for our stockholders.
  • In addition, the 2P reserves for the acquired properties are estimated to be 5.1 million barrels of oil equivalent (48% oil).

Energy impacts of Gulf of Mexico hurricanes quantified

Retrieved on: 
Wednesday, August 23, 2023

CALGARY, AB, Aug. 23, 2023 /PRNewswire/ -- As Tropical Storm Hilary downgrades from a hurricane but continues to flood parts of Mexico, California and the Southwest U.S., Enverus Intelligence Research (EIR), a subsidiary of Enverus, the most trusted energy-dedicated SaaS platform, has released a report assessing the impact of Atlantic hurricanes on the U.S. Gulf of Mexico (GOM) and its oil and gas production.

Key Points: 
  • EIR's report analyzes the potential for production shut-ins, loss of assets and oil-price upside under potential storm strength scenarios.
  • Absent a direct hit on energy infrastructure, EIR points out that hurricane-related shut-ins historically have not led to material and durable changes to oil prices.
  • Key takeaways from the report:
    EIR estimates an average hurricane season impacts GOM production by 3% during the third quarter.
  • EIR expect U.S. natural gas prices to continue to be more sensitive to hurricanes given the 15 Bcf/d of growth in Gulf Coast export capacity we expect by the end of the decade.

W&T Offshore Announces Second Quarter 2023 Results

Retrieved on: 
Tuesday, August 1, 2023

HOUSTON, Aug. 01, 2023 (GLOBE NEWSWIRE) -- W&T Offshore, Inc. (NYSE: WTI) (“W&T” or the “Company”) today reported operational and financial results for the second quarter of 2023.

Key Points: 
  • HOUSTON, Aug. 01, 2023 (GLOBE NEWSWIRE) -- W&T Offshore, Inc. (NYSE: WTI) (“W&T” or the “Company”) today reported operational and financial results for the second quarter of 2023.
  • Tracy W. Krohn, W&T’s Board Chair and Chief Executive Officer, commented, “Our second quarter 2023 production volumes recovered from first quarter downtime and were up 14% over first quarter 2023 to 37.0 Mboe per day, which resulted in a good quarter of positive operational and financial results.
  • Revenues for the second quarter of 2023 were $126.2 million, which was lower than first quarter 2023 revenue of $131.7 million and lower than $273.8 million in the second quarter of 2022, due primarily to lower realized prices.
  • Interest Expense: Net interest expense in the second quarter of 2023 was $10.3 million compared to $14.7 million in the first quarter of 2023 and $18.2 million in the second quarter of 2022.

EnerGeo Alliance Strongly Denounces Announced Stipulated Agreement Which Effectively Halts Affordable Accessible Energy for U.S. Consumers

Retrieved on: 
Saturday, July 22, 2023

Today’s agreement, like other recent actions taken by the Biden Administration, is not in the public interest and undermines American energy independence.

Key Points: 
  • Today’s agreement, like other recent actions taken by the Biden Administration, is not in the public interest and undermines American energy independence.
  • “Supporting 345,000 jobs in 2019 which is expected to grow to 370,000 by 2040, the GOM provides 15% of total crude produced in the U.S., keeping energy affordable and accessible for U.S. consumers.
  • Additionally, the GOM yields some the lowest emitting barrels of petroleum .
  • “This Administration must be held accountable for its actions which are not only compromising U.S. national security but also compromising access to affordable energy for American families during a time when the cost of goods and services remain high and more of their income is spent on energy.”

W&T Offshore Announces First Quarter 2023 Results

Retrieved on: 
Tuesday, May 9, 2023

HOUSTON, May 09, 2023 (GLOBE NEWSWIRE) -- W&T Offshore, Inc. (NYSE: WTI) (“W&T” or the “Company”) today reported operational and financial results for the first quarter of 2023.

Key Points: 
  • HOUSTON, May 09, 2023 (GLOBE NEWSWIRE) -- W&T Offshore, Inc. (NYSE: WTI) (“W&T” or the “Company”) today reported operational and financial results for the first quarter of 2023.
  • Interest Expense: Net interest expense in the first quarter of 2023 was $14.7 million compared to $14.5 million in the fourth quarter of 2022 and $19.9 million in the first quarter of 2022.
  • During the first quarter of 2023, the Company performed one recompletion and four workovers that positively impacted production for the quarter.
  • The guidance for the second quarter and full year 2023 in the table below represents the Company’s current expectations.

W&T Offshore Apparent High Bidder on Two Gulf of Mexico Blocks in Lease Sale 259

Retrieved on: 
Tuesday, April 4, 2023

HOUSTON, April 04, 2023 (GLOBE NEWSWIRE) -- W&T Offshore, Inc. (NYSE: WTI) (“W&T” or the “Company”) today announced that the Company was the apparent high bidder on two blocks in the Gulf of Mexico (“GOM”) Lease Sale 259 held by the Bureau of Ocean Energy Management (“BOEM”) on March 29, 2023.

Key Points: 
  • HOUSTON, April 04, 2023 (GLOBE NEWSWIRE) -- W&T Offshore, Inc. (NYSE: WTI) (“W&T” or the “Company”) today announced that the Company was the apparent high bidder on two blocks in the Gulf of Mexico (“GOM”) Lease Sale 259 held by the Bureau of Ocean Energy Management (“BOEM”) on March 29, 2023.
  • W&T was the apparent high bidder in the most recent GOM lease sale on two shallow water blocks, Eugene Island South Addition block 371 and Eugene Island South Addition block 387.
  • The blocks have a lease term of five years and an 18.75% royalty.
  • Despite submitting the apparent high bid on these leases, the BOEM reserves the right not to award the blocks based on their minimum bidding criteria.