Equipment

North American Combined-Cycle Projects Continue Strong Growth, an Industrial Info News Alert

SUGAR LAND, TX -- (Marketwire) -- 08/16/11 -- Researched by Industrial Info Resources (Sugar Land, Texas) -- Demand for combustion turbine-generators is increasing, according to manufacturers such as (NYSE:GE) (Fairfield, Connecticut) and (Munich, Germany), which produce the heavy duty industrial equipment for power generation. In the U.S., natural gas prices are currently at $4.50 per million Btu (MMBtu) and expected to remain below $10 per MMBtu for the foreseeable future. With current and forthcoming environmental regulations targeting coal-fired generation, the is beginning a long-ter [...]


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Pioneer Announces Second Quarter 2011 Results

Quarterly Revenue Increases 33% to $16.7 Million [...]


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ENSERVCO Reports Revenue Growth of 34% and 49% in Second Quarter and Six-Month Periods, Respectively

COLORADO SPRINGS, CO -- (Marketwire) -- 08/15/11 --Selected Highlights:Second quarter revenue up 34% to $4.5 million, adjusted EBITDA* improves to $80,000 from $19,000 in second quarter a year agoSix-month revenue increases 49% to $13.7 million versus year-ago period; Six month adjusted EBITDA* up 133% to $2.8 millionSix-month operating cash flow up 227% to $3.6 million versus same period last yearNew operation centers in Bakken and Niobrara regions scheduled to open in late Q3ENSERVCO Corporation (OTCBB: ENSV), a provider of well-site services to the domestic onshore conventional and unconven [...]


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Transocean Announces an All Cash Voluntary Offer to Acquire 100 Percent of Aker Drilling for NOK 26.50 per Share

ZUG, SWITZERLAND -- (Marketwire) -- 08/15/11 -- Transocean Services AS (NYSE: RIG) (SIX: RIGN)Aker Capital AS, a subsidiary of Aker ASA, and other existing shareholders of Aker Drilling representing 60.5 percent of the outstanding shares, have given their irrevocable commitment to sell their shares to TransoceanAker Drilling's Board of Directors has unanimously recommended that its shareholders accept the OfferThe Offer price of NOK 26.50 per share represents a 62 percent premium to Aker Drilling's 30-day average price of NOK 16.39 per share. The transaction will be funded using existing cas [...]


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Summertime Not a Fun Time for ERCOT, an Industrial Info News Alert

SUGAR LAND, TX -- (Marketwire) -- 08/12/11 -- Researched by Industrial Info Resources (Sugar Land, Texas) -- This year is unfolding as one of record-breaking energy demand for Electric Reliability Council of Texas Incorporated (ERCOT) (Austin, Texas), which manages approximately 85% of Texas' electric load, covering about 75% of the state's total area. ERCOT's own forecast, issued June 30, predicted a peak summer demand this year of 63,898 megawatts (MW), based on "the assumption that 'normal' (or typical) weather is milder during forecasted summer peak days than was experienced in 2010 [...]


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Grid Cloud Solutions Updates Shareholders: Expands Services to 3 Canadian Provinces and 5 More Countries

SAULT STE MARIE, ON -- (Marketwire) -- 08/11/11 -- Grid Cloud Solutions Inc. (PINKSHEETS: GRDC) is pleased to update investors on its recent business development progress. Since March 2011, GRDC has pursued several business lines in the renewable energy sector, aiming at companies, communities, cooperatives and individuals looking for cost-effective energy solutions in the fields of energy conservation, green energy generation or energy efficient housing systems.GRDC's CEO Danny Wong: "We realize that in a period of economic recession, many of our customers and partners are in need of s [...]


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Precision Drilling Corporation to Participate in the Oil – Gas Conference(R) 16

CALGARY, ALBERTA -- (Marketwire) -- 08/10/11 -- Precision Drilling Corporation ("Precision") will be attending The Oil & Gas Conference® 16 which is taking place August 14-18, 2011 in Denver, Colorado. Mr. Carey Ford, Vice President, Finance and Investor Relations is scheduled to present at 10:25 a.m. Eastern time (8:25 a.m. Mountain time) on Wednesday, August 17, 2011.A live audio webcast will be accessible from Precision's website at by selecting "Investor Centre", then "Webcasts". Shortly after the live webcast, an archived version of the webcast will [...]


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ERHC Energy Inc. Reports Third Quarter 2011 Financial Results

HOUSTON, TX -- (Marketwire) -- 08/10/11 -- ERHC Energy Inc. (OTCBB: ERHE), a publicly traded American company with oil and gas assets in West Africa, has announced its results for the quarter ending on June 30, 2011, of ERHC's current financial year.During the third quarter of its financial year, ERHC's general and administrative expenses totaled $887,421, a decrease of approximately 38 percent from $1,435,212 in the three months ended June 30, 2010.As of June 30, 2011, ERHC reported $14,816,976 in cash, cash equivalents and short-term investments, and virtually no debt.ERHC also announced an [...]


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