The Alberta-based company will pay an annual US$0.15 per share dividend in two equal tranches of US$0.7.5 cents per share
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Revenue for the quarter, however, of $28.5 million actually beat consensus
Proceeds will be used for the development of the Charlie project, property costs and general working capital
Consent has been granted under New Zealand's Overseas Investment Act 2005 for the transfer of ownership, according to TAG Oil
Cotter Corp received 11 million common shares of Anfield for a 20% stake and a deemed value of C$1.8 million for the Charlie Project as well as the West Slope Project in Colorado
“Kosmos is stronger than ever and the confidence we have in the future prospects for the company is demonstrated by the initiation of a dividend for 2019, the first in the company's history"
Maxted will continue to serve on the board of directors and as a special advisor to the Dallas-based company
The agreements effectively remove more than C$11 million in debt
The company announced that it was changing its name from Magnegas Applied Technology
The buyback will begin on February 1 and end next January, according to the company
The units will ship in the first quarter and are expected to be operational in the second half of the year
The placing will see 149.5mln shares issued at 1p per share with warrants attached.
CEO Ron Keating said Evoqua’s results were dragged down by 'isolated items' related in part to supply chain disruptions influenced by tariffs and a delay on a large aquatics project
Following the court ruling in India, Hardy said it has decided to write-down US$51.1mln of intangible assets associated with CY-OS/2 exploration expenditures
Active revealed earlier this week that local authorities had agreed to issue it with two five-year commercial timber permits
Both beat on earnings but Exxon surged past year-ago and consensus revenue estimates while Chevron fell short of market expectations
Chesapeake shares slumped nearly 6% in before the bell New York deals to $3.50.
Denbury said it would create a leading mid-cap oil producer with top-tier margins and a strong production growth trajectory
CEO Jeff Miller said the outlook for global commodity supply and demand dynamics is 'constructive'
The business outlook for the oilfield services company has become positive
Palantir is reportedly in talks with investment banks Credit Suisse and Morgan Stanley about an IPO by the second half of 2019
The new drill programme is expected to start next week.
The combined company will have a fleet of 28 floating rigs and 54 jack-ups with drilling operations in the Gulf of Mexico, Brazil and West Africa
Richard Spinks will step down from his board position to focus on delivering the Canadian opportunity as Timberlands managing director
The 10-year deal on Etame will run through 2028, and the company can move forward on a development and appraisal program