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Origin Energy gas, oil revenue up on higher prices
SYDNEY -(MarketWatch)- Origin Energy Ltd. on Tuesday reported a 5% rise in first-half revenue from its oil and gas operations after lower production was offset by higher commodity prices.
Revenue of A$430.1 million for the six months to Dec.31 compared with A$411.1 million a year earlier. That was based on production of 65.3 petajoules of gas equivalent, down 4% from 68.2 PJ.
Quarterly revenue for...
Alliant Energy CEO to retire in March
Alliant Energy Corp. LNT -0.21% said Chairman and Chief Executive William D. Harvey would retire at the end of March and named its operating chief as his successor.
Harvey had been chairman and chief for the last six years, having worked at the utility company and its predecessor for 25 years.
Alliant named Chief Operating Officer Patricia L. Kampling to become chief executive and chairman after he...
Sanchez Energy to sell 10 mln shares at $24-$26
Sanchez Energy Corp. said it expects its initial public offering of 10 million shares to price at $24 to $26 each.
The oil-and-natural-gas-exploration-and-production company filed plans in September for an initial public offering of as much as $150 million in stock.
The company was formed to acquire Sanchez Energy Partners I LP’s unconventional-oil-and-natural-gas assets, which are being contributed...
Duke Energy seeks 15% North Carolina rate hike
Duke Energy Corp. DUK -0.14% on Friday asked North Carolina regulators for permission to raise electricity rates by about 15%, citing capital expenditures driven by new state environmental regulations.
The Southeastern electric and natural-gas utility and peer Progress Energy Inc. PGN +1.17% are moving to meet new state pollution requirements by switching to natural-gas fired generators and upgrading...
Allied Energy Shareholders Elect Directors; Board Elects Brady as Interim CFO and Turner as Vice President of Operations
BOWLING GREEN, KY, Nov 24, 2010 (MARKETWIRE via COMTEX) — Allied Energy, Inc. (pinksheets:AGGI) held its Annual Meeting of Shareholders and Board of Directors Meeting on October 28, 2010.
At the Annual Meeting of Shareholders, Dirk Olsen, Steve Stengell, Robert “Bob” Cueto and Scott Harris were re-elected to serve as members of the Board of Directors.
At the Board of Directors meeting...
BioCentric Energy Holdings Provides Important Shareholder Updates
SANTA ANA, Calif., Sep 15, 2010 (GlobeNewswire via COMTEX) — BioCentric Energy Holdings, Inc. (Pink Sheets:BEHL) President Monique Berry provided the following shareholder update:
Ms. Berry stated, “BioCentric Energy and BioCen (Pink Sheets:BNPD) are finalizing their negotiations this week for the acquisition of all BEHL assets. The assets include, but are not limited to, BEHL’s intellectual...
Energy Management International Files Annual Report and Financial Statements With Pink OTC Markets, Inc.
LAS VEGAS, NV, Jul 08, 2010 (MARKETWIRE via COMTEX) — Energy Management International, Inc. (PINKSHEETS: ENMI), an innovative leader in the management of energy revitalization programs and alternative energy resources, today announced the filing of its Annual Report and Financial Statements for the year ended March 31, 2010, with Pink OTC Markets, Inc. on July 8, 2010. The annual report can be...
Agrees to Acquire Kentucky Properties From War Creek Energy, LLC
DALLAS, TX, Jun 16, 2010 (MARKETWIRE via COMTEX) — STANDARD OIL COMPANY USA, INC.’s (PINKSHEETS: SOCU) (http://www.standardoilcompanyusa.com ) Chairman, Ronald Brooks and CEO of Standard Oil Company USA, Inc. announces the execution of binding letter of intent to purchase the War Creek Project in War Creek and Mill Creek Districts, Breathitt County, Kentucky.
Recorded from War Creek Energy,...
