Across The Wire

  1. L Squared Capital Partners Completes Recapitalization Of Oracle Elevator

    L Squared Capital Partners (“L Squared”) and Oracle Elevator (“Oracle” or the “Company”), today announced that L Squared, together with Longview Asset Management, has partnered with Oracle management to recapitalize the Company. Financial terms of the transaction were not disclosed 

  2. ExxonMobil Announces Positive Muruk-1 Sidetrack Well Results

    Exxon Mobil Corporation recently announced positive results on the Muruk-1 sidetrack well in the Papua New Guinea North Highlands, 13 miles (21 kilometers) northwest of the Hides gas field.

  3. Clean Harbors Signs Definitive Agreement To Acquire Lonestar West Inc.

    Clean Harbors, Inc. (“Clean Harbors”) and Lonestar West Inc. (“Lonestar”) recently announced a definitive agreement whereby Clean Harbors will acquire the outstanding shares of Lonestar in an all-cash transaction valued at CAD $44.1M

  4. Mobil Jet Oil 387 Now Approved For Pratt & Whitney PW4000 Engines

    ExxonMobil recently announced that Mobil JetTM Oil 387, a synthetic High Performance Capability turbine engine oil, has been approved by Pratt & Whitney for use in its popular series of PW4000 engines

  5. Kosmos Energy Announces Major Gas Discovery Offshore Senegal

    Kosmos Energy announced recently a major gas discovery offshore Senegal. Yakaar-1 is the first well in a series of four independent tests of the basin floor fan fairways, outboard of the proven slope channel trend opened with the Tortue-1 discovery

  6. Baker Hughes Introduces Long-Life PDC Bit To Reduce Trips In High Horsepower Drilling Operations

    Baker Hughes Incorporated announced recently the commercial release of its Dynamus extended-life polycrystalline diamond compact (PDC) drill bit which can significantly reduce drilling costs by eliminating trips to replace bits or bottomhole assembly (BHA) tools that wear out in high horsepower drilling operations

  7. Axiom Holdings, Inc. Signs Term Sheet To Finance Up To $500M To Enable A Slovakian Power Plant To Use Multi-Fuel Clean Energy Sources

    Axiom Holdings, Inc., (OTCQB: AIOM), a Nevada corporation, announced today that it has signed a term sheet on April 26, 2017 with a Slovakian technology partner to invest up to $500 million USD for the modernization of the Vojany Power Station (Slovakia)

  8. Solar FlexRack Selected For SunShare Community Solar Project Pipeline In Minnesota

    Solar FlexRack™, a division of Northern States Metals and innovative leader in solar tracker, racking and services solutions, announced today that its G3P fixed tilt racking has been selected for a pipeline of 9 community solar projects totaling approximately 50 megawatts under development by SunShare, one of the largest community solar developers in the United States

  9. Petroceltic Confirms Support For Algerian Energy Sector

    International oil and gas development and production company Petroceltic has confirmed its commitment to supporting the Algerian energy sector through the development of its world class Ain Tsila project in a letter to the Algerian government 

  10. Baker Hughes Introduces Revolutionary Multistage Fracturing Service For Deep Water

    Baker Hughes Incorporated announced recently the introduction of its DEEPFRAC deepwater multistage fracturing service, which can save operators hundreds of millions of dollars in offshore developments through unprecedented efficiency gains across the completion phase