PUD

Diamondback Energy, Inc. Announces Fourth Quarter and Full Year 2023 Financial and Operating Results

Retrieved on: 
Tuesday, February 20, 2024

During the fourth quarter of 2023, Diamondback drilled 80 gross wells in the Midland Basin and four gross wells in the Delaware Basin.

Key Points: 
  • During the fourth quarter of 2023, Diamondback drilled 80 gross wells in the Midland Basin and four gross wells in the Delaware Basin.
  • Diamondback's fourth quarter 2023 net income was $960 million, or $5.34 per diluted share.
  • Fourth quarter 2023 net cash provided by operating activities was $1.6 billion.
  • Fourth quarter 2023 Consolidated Adjusted EBITDA (as defined and reconciled below) was $1.7 billion.

Equus Subsidiary Morgan E&P Provides Update on Reserves

Retrieved on: 
Wednesday, February 14, 2024

HOUSTON, Feb. 14, 2024 (GLOBE NEWSWIRE) -- Equus Total Return, Inc. (NYSE: EQS) ("Equus") today announced that its wholly-owned subsidiary Morgan E&P, LLC ("Morgan"), has received from Cawley, Gillespie & Associates, Inc. (“CG&A”) an updated reserve estimate as of January 1, 2024.

Key Points: 
  • HOUSTON, Feb. 14, 2024 (GLOBE NEWSWIRE) -- Equus Total Return, Inc. (NYSE: EQS) ("Equus") today announced that its wholly-owned subsidiary Morgan E&P, LLC ("Morgan"), has received from Cawley, Gillespie & Associates, Inc. (“CG&A”) an updated reserve estimate as of January 1, 2024.
  • Morgan engaged the petroleum engineering firm of CG&A to review and provide an updated reserve analysis of this asset using the December 29, 2023 NYMEX strip pricing.
  • Using a discount rate of 10% (PV10 Valuation) the values of proved, probable, and possible reserves associated with the project are $31,986,856, $13,898,074, and $62,025,104, respectively.
  • Neither CG&A nor Morgan can guarantee any amounts that may be recoverable from these properties.

Puget Sound Energy announces clean energy wind project

Retrieved on: 
Thursday, December 7, 2023

BELLEVUE, Wash., Dec. 7, 2023 /PRNewswire/ -- Puget Sound Energy (PSE) announced today it is developing the Beaver Creek wind farm, a utility-scale wind project that will be located on the high plains in Stillwater County, Montana.

Key Points: 
  • PSE to build a 248 MW utility-scale wind project in Stillwater County, Montana
    BELLEVUE, Wash., Dec. 7, 2023 /PRNewswire/ -- Puget Sound Energy (PSE) announced today it is developing the Beaver Creek wind farm, a utility-scale wind project that will be located on the high plains in Stillwater County, Montana.
  • Puget Sound Energy announces clean energy wind project.
  • The Beaver Creek wind farm is the latest addition in a growing list of renewable energy resources that PSE is acquiring as it works toward Washington state's ambitious clean energy laws.
  • "PSE is undergoing one of the largest clean energy transformations of any utility in the country," said Mary Kipp, president and CEO of Puget Sound Energy.

DESERT MOUNTAIN ENERGY PROVIDES PROGRESS REPORT ON WEST PECOS SLOPE ABO PROJECT IN NEW MEXICO

Retrieved on: 
Thursday, October 26, 2023

VANCOUVER, BC, Oct. 26, 2023 /PRNewswire/ - DESERT MOUNTAIN ENERGY CORP. (the "Company") (TSXV: DME) (U.S. OTC: DMEHF) (Frankfurt: QM01) From the President of the Company.

Key Points: 
  • VANCOUVER, BC, Oct. 26, 2023 /PRNewswire/ - DESERT MOUNTAIN ENERGY CORP. (the "Company") (TSXV: DME) (U.S. OTC: DMEHF) (Frankfurt: QM01) From the President of the Company.
  • The Company is pleased to confirm the delivery of all necessary components for the West Pecos helium processing plant.
  • The company, as previously communicated, has been focused on pigging flow lines, eliminating specific choke points, and conducting flow line maintenance.
  • Work on the gas lines and on 12 specific wells has resulted in significant increases in gas flow.

TRC and Snohomish County PUD, Transforming Utility Operations with Managed Software as a Service for Meter Data Management

Retrieved on: 
Wednesday, September 20, 2023

WINDSOR, Conn., Sept. 20, 2023 /PRNewswire-PRWeb/ -- Snohomish County Public Utility District (Snohomish PUD), the second largest publicly owned utility in Washington state, and TRC Companies successfully implemented the Meter Data Management System (MDMS) using Managed Software as a Service (MSaaS) that will eventually be used for approximately 365,000 electric meters and 23,000 water meters.

Key Points: 
  • Snohomish County Public Utility District (Snohomish PUD), the second largest publicly owned utility in Washington state, and TRC Companies successfully implemented the Meter Data Management System (MDMS) using Managed Software as a Service (MSaaS) that will eventually be used for approximately 365,000 electric meters and 23,000 water meters.
  • WINDSOR, Conn., Sept. 20, 2023 /PRNewswire-PRWeb/ -- Snohomish County Public Utility District (Snohomish PUD), the second largest publicly owned utility in Washington state, and TRC Companies successfully implemented the Meter Data Management System (MDMS) using Managed Software as a Service (MSaaS) that will eventually be used for approximately 365,000 electric meters and 23,000 water meters.
  • Snohomish PUD selected TRC Managed Software as a Service (MSaaS), making it the first North American utility to use a TRC cloud-based delivery model for MDMS.
  • TRC implemented the Siemens EnergyIP® product, managed the integration, and will continue the day-to-day operations management for the MDMS, including software updates and data security as well as cloud services.

FedEx Express Canada launches its first 50 all-electric vehicles with BrightDrop

Retrieved on: 
Wednesday, June 14, 2023

FedEx Express Canada plans to expand its EV fleet footprint as additional charging infrastructure is implemented at FedEx locations across the country.

Key Points: 
  • FedEx Express Canada plans to expand its EV fleet footprint as additional charging infrastructure is implemented at FedEx locations across the country.
  • These 50 EVs are part of a larger agreement between FedEx and BrightDrop that will see FedEx incorporate 2,500 total vehicles across FedEx operations in the coming years, including more than 400 vehicles that are already in operation in Southern California.
  • "FedEx Express Canada is proud of the role we're playing to help our company work toward the goal of carbon neutral operations globally by 2040," said Dean Jamieson, vice president of operations at FedEx Express Canada.
  • Assembled in Canada, these light commercial vehicles help to advance FedEx Express—a subsidiary of FedEx Corp., one of the world's largest express transportation companies—on its journey toward an all-electric delivery fleet.

Discover the Future of Android POS with SUNMI 3rd-gen products

Retrieved on: 
Saturday, May 20, 2023

The pre-launch includes three flagship new products: SUNMI V3 MIX, SUNMI T3 PRO, and SUNMI T3 PRO MAX.

Key Points: 
  • The pre-launch includes three flagship new products: SUNMI V3 MIX, SUNMI T3 PRO, and SUNMI T3 PRO MAX.
  • SUNMI V3 MIX is an innovative pos terminal with 10" high-resolution display and a built-in printer make it mobile and desktop two different use type.
  • SUNMI T3 PRO series define the flagship Android desktop standard with its powerful performance.
  • Additionally, SUNMI has upgraded its operating system SUNMI OS to a new version based on Android 13.

Discover the Future of Android POS with SUNMI 3rd-gen products

Retrieved on: 
Saturday, May 20, 2023

CHICAGO, May 20, 2023 /PRNewswire/ -- SUNMI has pre-launched its 3rd generation POS terminal at the National Restaurant Association Show 2023 in Chicago, booth 5561.

Key Points: 
  • CHICAGO, May 20, 2023 /PRNewswire/ -- SUNMI has pre-launched its 3rd generation POS terminal at the National Restaurant Association Show 2023 in Chicago, booth 5561.
  • The pre-launch includes three flagship new products: SUNMI V3 MIX, SUNMI T3 PRO, and SUNMI T3 PRO MAX.
  • SUNMI V3 MIX is an innovative pos terminal with 10" high-resolution display and a built-in printer make it mobile and desktop two different use type.
  • Additionally, SUNMI has upgraded its operating system SUNMI OS to a new version based on Android 13.

PEI Announces 53% Increase in TPP Reserves in 2022 Reserve Report

Retrieved on: 
Friday, May 5, 2023

In 2022, two horizontal re-entry pilot wells were drilled to assess the technical and economic merits to substantiate a full scale development program.

Key Points: 
  • In 2022, two horizontal re-entry pilot wells were drilled to assess the technical and economic merits to substantiate a full scale development program.
  • The PEI pilots enabled reserves booking of 100 Mbbl TPP reserves per horizontal well, additional PUD locations with total proved (TP) reserves of 1.8 MMbbl and total proved plus probable (TPP) reserves of 2.2 MMbbl.
  • Prospera also exploited uphole zones in these fields with five new recompletions accessing new reserves of 128 Mbbl and 837 MMcf TPP reserves with significant development upside to add new production and reserves.
  • These wells will access new pool reserves and provide PEI with new incremental medium oil production, improving corporate production and margin.

FedEx Working to Deliver Goal of Carbon Neutral Operations by 2040

Retrieved on: 
Thursday, April 20, 2023

Fast-forward to today, the company boasts one of the largest fleets of e-bikes of any country in the FedEx global network.

Key Points: 
  • Fast-forward to today, the company boasts one of the largest fleets of e-bikes of any country in the FedEx global network.
  • To achieve the goal of carbon neutral operations globally, the company has a target for the entire FedEx parcel pickup and delivery (PUD) fleet to be electric, zero-tailpipe emissions vehicles by 2040.
  • "At FedEx, we see things from a bird's-eye view, which gives us insight into the impact we have on the world," said Dean Jamieson, vice president of operations at FedEx Express Canada.
  • "Investments like these will help us deliver lasting environmental benefits to our customers, our team members, and our planet."