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Stock Market & Financial Investment News

News For LUFK;PACD;AXAS;FET;TDW;HAL;CLR;HERO;UNT;BAS;BRS From The Last 14 Days
Check below for free stories on LUFK;PACD;AXAS;FET;TDW;HAL;CLR;HERO;UNT;BAS;BRS the last two weeks.
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May 14, 2013
17:00 EDTTDWTidewater to acquire Troms Offshore Supply for $395M
Tidewater has entered into an agreement with HitecVision to purchase Troms Offshore Supply for approximately $395M. The purchase price includes $150M in cash and the assumption of approximately $245M of combined Troms Offshore obligations, comprised of net interest-bearing debt and remaining installment payments on vessels under construction. The stock purchase agreement also contemplates possible additional cash consideration, the payment of which is contingent upon future financial results of Troms Offshore in 2014-2017. The acquisition is expected to be completed in Q2.
05:48 EDTCLRContinental Resources makes side deal with founder Hamm, WSJ reports
Continental Resources, founded and run by billionaire wildcatter Harold Hamm, disclosed in February that it was committing $95.8M to an unnamed "affiliate" and unbuilt oil pipeline. It turns out the pipeline is a $300M project being developed by a partnership controlled by Hamm and his family, reports the Wall Street Journal. Reference Link
May 13, 2013
08:12 EDTHALDejour Energy readies for initial Kokopelli production
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07:22 EDTCLRFBR Capital to host a conference
2013 Energy & Industrials One-on-One Series Conference is being held in Boston on May 13.
May 10, 2013
16:30 EDTLUFKGabelli raises stake in Lufkin to 7.82% from 6.8%
06:01 EDTAXASAbraxas Petroleum reports Q1 production 379 MBoe
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06:01 EDTAXASAbraxas Petroleum reports Q1 adjusted EPS 3c, consensus 1c
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