|November 19, 2012|
|08:00 EDT||SLB, HAL, CLR, CHK||Drillers start recycling water used for fracking, WSJ reports|
Companies using hydraulic fracturing as they drill in shale rock for natural gas and oil are looking at technologies to reuse the "frack water" that comes out of wells after the process is deployed, and which uses highly pressured water and chemicals to release the natural resources, reports the Wall Street Journal. Reference Link
News For SLB;HAL;CLR;CHK From The Last 14 Days
Check below for free stories on SLB;HAL;CLR;CHK the last two weeks.
|September 2, 2014|
|11:52 EDT||HAL||Halliburton says Mexico activity improving |
Says deepwater outlook moderating. Says Eastern hemisphere growing despite challenged markets, Latin America gaining momentum for improved 2015. Says looking to return 35% of operating cash flow to shareholders. Comments from slides that will be presented at the Barclays CEO Energy-Power Conference.
|09:02 EDT||HAL||Halliburton reaches $1.1B settlement on claims related to Macondo|
Halliburton (HAL) announced that it has reached an agreement to settle a substantial majority of the plaintiffsí class claims asserted against the company as a result of the April 20, 2010 Macondo well incident in the Gulf of Mexico. The approximately $1.1B settlement, which includes legal fees, is subject to approval by the United States District Court for the Eastern District of Louisiana, and will be paid into a trust until all appeals have been resolved in three installments over the next two years. The companyís previously accrued loss contingency provision relating to the multi-district litigation proceedings is currently $1.3B. The agreement includes the following: Claims against Halliburton that BP (BP) assigned to the settlement class in BPís April 2012 settlement, Punitive damages claims against Halliburton by a class of plaintiffs who allege damages to property or associated with the commercial fishing industry arising from the Deepwater Horizon Incident, and Affirmation that Halliburton has no liability for compensatory damages to the members of the settlement class in the BP April 2012 settlement. Payments will be held in the trust, pending the finalization of this settlement which is contingent on final Court approval, including any appeals of: The BP 2012 settlement with the settlement class, The District Courtís earlier determination that the contractual indemnity provided by BP to Halliburton is valid and enforceable, and The District Courtís earlier dismissal of economic damage claims against Halliburton. Additionally, the settlement is subject to an agreed-upon level of participation by the current claimants which, if not achieved, allows Halliburton to terminate the agreement.
|August 31, 2014|
|12:54 EDT||HAL||Barclays to hold a conference|
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|August 29, 2014|
|18:01 EDT||SLB||Schlumberger executives sell company stock near record high, Barron's reports|
From July 25 to August 28, four Schlumberger executives, including CFO Simon Ayat, sold thousands of shares of company stock, Barron's reports. Adjusted for dividends and splits, Schlumberger shares notched a record intra-day high of $118.76 on July 1, Barron's added. Reference Link
|August 25, 2014|
|07:02 EDT||HAL||McDermott names Stuart Spence as CFO, effective August 23|
McDermott International (MDR) announced that Stuart Spence has been appointed EVP and CFO following the departure of Perry L. Elders, SVP and CFO, effective August 23. Elders will be pursuing other opportunities. Immediately prior to joining McDermott, Spence served as Vice President, Artificial Lift for Halliburton Company (HAL), where he had overall strategic and operational responsibility for Halliburtonís artificial lift product and service line.
|August 24, 2014|
|14:44 EDT||SLB||Schlumberger acquisitions should help North American push, WSJ says |
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|August 21, 2014|
|09:15 EDT||HAL||EnerCom to hold a conference|
The Oil & Gas Conference to be held in Denver on August 18-21 with webcasted company presentations to begin on August 21 at 10 am; not all company presentations may be webcasted. Webcast Link