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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 EDT |  | TDW | Tidewater 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. |
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| 05:48 EDT |  | CLR | Continental 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 |
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| May 13, 2013 |
| 08:12 EDT |  | HAL | Dejour Energy readies for initial Kokopelli production
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| 07:22 EDT |  | CLR | FBR Capital to host a conference 2013 Energy & Industrials One-on-One Series Conference is being held in Boston on May 13. |
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| May 10, 2013 |
| 16:30 EDT |  | LUFK | Gabelli raises stake in Lufkin to 7.82% from 6.8%
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| 06:01 EDT |  | AXAS | Abraxas Petroleum reports Q1 production 379 MBoe
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| 06:01 EDT |  | AXAS | Abraxas Petroleum reports Q1 adjusted EPS 3c, consensus 1c
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