HII land £0.5bh US Navy submarine contract

Jul 19 2015 @ 05:17
For engineering and industrial Work Huntington Ingalls Industries (NYSE:HII) announced today that its Newport News Shipbuilding division was awarded a $106 million contract to provide engineering and industrial support on U.S. Navy submarines, special mission submersibles, submarine support facilities and related programs. If all options are exercised, the total value of the contract will be...

Civeo Corporation completes redomiciling to Canada

Jul 19 2015 @ 05:13
Civeo Corporation (NYSE:CVEO), one of the largest integrated providers of workforce accommodations, logistics and facility management services to the natural resource industry, today announced that it has completed the previously announced redomiciling of the Company to Canada, which was approved by Civeo stockholders at the 2015 Annual Meeting. Effective today, Civeo is a Canadian domiciled...

Noricum Gold: Acquires 50% stake in advanced copper and gold licences

Jul 16 2015 @ 18:08
Acquires a 50% interest in Advanced, High Grade Copper and Gold Licences in Georgia, with Excellent Production Potential The Board of Noricum Gold has announced the acquisition of a 50% interest, and operational control, of the 861 km2 Bolnisi Project. The Project which is located in the Republic of Georgia contains multiple, large copper & […]

Secure Property completes acquisition of Romanian property

Jul 16 2015 @ 18:03
Completes Acquisition of Romanian DIY Retail Property with Annualised NOI of EUR1 million Secure Property Development & Investment PLC, the AIM quoted South Eastern European focused property and investment company, has announced that further to its announcement of 21 May 2015, it has completed the acquisition of 100% interest in BLUEBIGBOX 3 S.R.L, a DIY […]

Armadale Capital: Placing to Raise £400k?

Jul 16 2015 @ 17:58
Placing to Raise £400,000 to Expand Current 678,000oz Mpokoto Gold Resource Armadale, the AIM quoted investment company focused on natural resource projects in Africa,has announced a conditional placing of 10,000,000 new ordinary shares of 0.1 pence each in the capital of the Company at a price of 4.00p pence per share to raise gross proceeds […]

Local PETRONAS Licence Secured by Plexus’ Malaysian Joint Venture Company

Jul 16 2015 @ 17:56
What are the detials? Plexus Holdings PLC, the AIM quoted oil and gas engineering services business and owner of the proprietary POS-GRIP friction-grip method of wellhead engineering, has announced that Plexus Products (Asia) Sdn Bhd, the Company’s joint venture with Integrated Petroleum Services Sdn Bhd, has secured a local PETRONAS licence to manufacture and supply […]

Paragon Diamonds talk Mothae acquisition

Jul 16 2015 @ 17:54
Mothae Acquisition – Update Paragon Diamonds Limited, the AIM quoted diamond development company, has announced that, further to the announcement of 5 May 2015, the Company has now entered into a legally binding share purchase agreement with Lucara Diamond Corporation with regards to the acquisition of the Mothae Kimberlite Resource. Mothae is located close to […]

What’s in Store for the Canadian Dollar?

Jul 16 2015 @ 05:05
The Bank of Canada decided to cut interest rates by 25 basis points yesterday to 0.50%. This move was widely expected by economists who were surveyed on the matter and the Canadian Dollar quickly shed roughly 200 pips as forex traders were adjusting their positions. The Canadian economy, which is heavily dependent on commodity exports, […]

Northcote Energy: Flow testing operations of 93% owned well in Louisiana expected to commence

Jul 14 2015 @ 18:09
Positive Drill Update, Shoats Creek Project, Louisiana Northcote (LSE:NCT) has announced that the Lutcher Moore #20 well targeting the Frio Formation at the Shoats Creek Project in Louisiana, successfully reached total depth of approximately 5,500 feet on 14 July 2015. Mud logs have indicated the presence of hydrocarbons in the targeted payzone, in line with […]
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