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Stock Market & Financial Investment News

News For CIE;SDRL;STO From The Last 14 Days
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March 2, 2015
12:24 EDTSDRLSeadrill March volatility elevated at 105
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February 27, 2015
10:32 EDTCIEOptions with decreasing implied volatility
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09:47 EDTSTOStatoil submits Peregrino phase II development plan
Following the sanction of the Peregrino phase 2 project in December, Statoil together with its partner Sinochem submitted the plan of development to the National Agency of Petroleum, Natural Gas and Biofuels in Rio de Janeiro on January 30. The project entails a new well head platform and drilling rig and adds approximately 250M barrels in recoverable resources to Peregrino field. The project entails investments of approximately $3.5B. The Peregrino field has a good track record, with more than 90M barrels produced since first oil in April 2011. Based on the current plan, Peregrino Phase II is expected to start production towards the end of the decade, but Statoil will make adjustments to the schedule should that be necessary. The current solution consists of a wellhead platform with a drilling unit tied-back to the existing FPSO Peregrino. The facilities contains standalone power generation and will export power to WHP-A. A total of 21 wells -- 15 oil producers and 6 water injectors -- are planned to be drilled as part of the Phase II development. The expected recoverable resources from the Phase II development within the concession period until end of 2040 are 250M barrels.
February 26, 2015
05:53 EDTSDRLSeadrill reports Q4-end order backlog of $17.2B
Seadrill achieves 94% economic utilization* for its floater fleet and 98% for its Jack-up fleet for the fourth quarter 2014.
05:44 EDTSDRLSeadrill reports Q4 EPS 32c, consensus 63c
Reports Q4 revenue $1.26B, consensus $1.25B. Net income was negatively impacted by a non-cash impairment of goodwill of US$232 million relating to the Jack-up segment.
February 23, 2015
07:16 EDTCIECobalt provides operations update, says drilling on schedule in Gulf of Mexico
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07:12 EDTCIECobalt sees FY15 CapEx, operating expenditures roughly flat at $800M-$900M
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07:10 EDTCIECobalt reports Q4 EPS (53c), consensus (25c)
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